Salary cap Rumors
With the Thunder possibly looking to get under the luxury tax, there is a chance the team releases Singler altogether and stretches the remaining $9.7 million guaranteed on his deal. (The final season of his contract is non-guaranteed.) In the case of Singler, specifically, that would mean waiving him, then spreading out his cap hit to $1.4 million a year over seven years. Singer gets ’18 and ’19 salaries, either way. Merely how the cap number is distributed changes.
Keeping dead money on the books is never ideal, but stretching Singler would save the team about $3.3 million in cap room for 2017-18 and $3.6 million the following season. It’s a distinct possibility. And it leads to what could be a summer of waiting for Singler, though it’s worth noting the Thunder both publicly and privately laud Singler’s work ethic and attitude.
The Heat, once it purges Chris Bosh’s salary from its cap in the next couple of months, could have $39.5 million in cap space this summer, enough to sign a max player but not leaving much room for much else significant.