Glenn
Hall of Famer
Right now the Kings have $60,424,376 in definite contracts for next season.
Acy & Curry have already opted out. Butler and Anderson still have player options that would total $2,690,782. Dukan has a non-guaranteed contract which can be waived if needed.
That means if Butler and Anderson don't opt out the Kings will have $63,115,158 in contracts for next season.
Because Wayne Ellington was waived under the stretch provision, he'll cost the Kings $882,630 in cap room but this (I believe) is the last year he will.
That makes it $63,997,788 or JUST under $64 million in contracts.
Then there's a cap hold for the Kings rookie. Assuming they stay in the 8th slot and keep their pick, there's a cap hold at 100% of the rookie scale or $2,451,200
So the grand total is $66,448.988 or so
With the cap at $92 million that means the Kings go into the offseason with $25.5 million in cap room.
It's true that both Rondo and Moreland have cap holds ($11.4 million and $1.2 million respectively) but those are pretty irrelevant. If the Kings re-sign Rondo then the cap hold doesn't mean anything and if they go in a different direction and don't re-sign him then it doesn't mean anything.
So while technically the Kings will start the offseason with just under $13 million in cap room, it's the $25.5 million that really matters.
So re-signing Rondo (at say $15 million) would still leave the Kings with $10 million but that's not a ton in this summer of skyrocketing salaries.
But there are plenty of moves the Kings could make to open up more caproom if so desired.
So yes, absent of other moves, re-upping Rondo would handcuff Vlade in terms of signing other impact free agents but we'll have to see how the summer plays out.
Thanks!