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Knicks, Hawks, Suns Carrying Most 2018/19 Dead Money

Knicks, Hawks, Suns Carrying Most 2018/19 Dead Money
Published On: Tue, Mar 12
Jan 3, 2016; New York, NY, USA; Atlanta Hawks forward Kent Bazemore (24) drives against NewYork Knicks forward Derrick Williams (23) during the fourth quarter at Madison Square Garden. New York Knicks won 111-97. Mandatory Credit: Anthony Gruppuso-USA TODAY Sports

All but two of the NBAa€™s 30 teams are carrying some sort of a€œdead moneya€ on their salary cap for 2018/19. This dead money is created as a result of having, at some point, waived a player who had guaranteed money left on his contract (or having 10-day contracts expire).

In some cases, teams are carrying cap hits for players even though they released them several years ago. Thata€™s the case in Detroit, for instance, where the Pistons have a $5,331,729 cap charge forA Josh SmithA this season a€” theA PistonsA cut Smith in 2014.

For other clubs, the dead money is a result of having waived players more recently. TheKnicks, for example, shot to the top of 2018/19a€™s dead money list after the trade deadline when they releasedA Enes KanterA andA Wesley Matthews, both of whom had cap hits of $18,622,514.

Carrying a significant amount of dead money isna€™t necessarily a sign of cap mismanagement a€” theA Hawks, for instance, have nearly $44MM in dead money on their books, but a significant portion of that money came as a result of acquiring and waivingA Carmelo AnthonyA andA Jamal Crawford. Both of those players came with first-round picks attached, so Atlanta doesna€™t mind the fact that theya€™re taking up a chunk of the teama€™s cap room this year.

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