cap space

cap space

In sports management, the amount of money that a professional team has available to spend on players' salaries. (A salary cap is a limit on the total amount of money that a team can spend on players' salaries.) The team released a few players to free up enough cap space to sign its star center.
See also: cap, space
References in periodicals archive ?
The latter move helped the Lakers max out their possible cap space after the Davis dealings.
Several teams have loaded up on cap space, including every team in the two largest markets: the Knicks, Nets, Lakers and Clippers.
The message here is that UAE and Saudi Arabia are not short of interesting oportunities and valuations which is decent compared to large cap space."
More on that here for @SNYtv: a via @SNYtv Anthony Puccio (@APOOCH) May 1, 2019 The Nets, who recently ended their season after losing to the 76ers in five games, may have enough cap space to sign two big free agents in the offseason.
Kevin Durant, Kyrie Irving, and Kawhi Leonard are likely to be the most sought after players in the NBA when the trio hit free agency July 1, with plenty of teams holding cap space to sign a big free agent.
The team reportedly do not own his Bird rights, and unless they can clear enough cap space, Biyombo is most likely going elsewhere.
"Hopefully from Larne's perspective, a fresh environment will re-vitalise him and get him back to his form of a few years ago, and for our part the freeing up of paid salary cap space will allow us to consider players who may become available."
Cutting Wilfork would create $8 million in salary cap space, with his cap number dropping from $11.6 million to $3.6 million in dead money.
The Lakers have cap space to sign one big free agent and are said to be targeting Kevin Durant or Kawhi Leonard to fill the space.
Philadelphia made the Holmes deal to help clear salary cap space to sign 2017 second-round pick Jonah Bolden to a $7 million, four-year contract.
The Patriots reportedly have $18.6 million in available cap space, an impressive amount that places them eighth in the league.
According to Capfriendly, the Blackhawks have about $16.5 million in cap space to work with, the most the team has had entering an offseason in years.
The Mavericks and Kings are both close to playoff contention in the Western Conference, and the Kings especially have cap space and assets to make moves, if they desire.
That required them to offer him a one-year tender for $16.7 million that immediately counts against the salary cap, leaving the Panthers no cap space to make any other moves in free agency.