Charlotte Hornets salary situation is set to improve in 2020 offseason
After a tough start to free agency for the Charlotte Hornets, the team should look forward to the future. They are expected to have a decent amount of cap space opened up for the 2020 offseason.
After a tough start to the 2019 offseason, the Charlotte Hornets and their fans should look forward to next season’s offseason. Charlotte has dealt with many salary issues so far this offseason, and that may change next year.
The Hornets ‘cap space is expected to open up a lot next offseason if their roster remains the same during next season. Keith Smith reported the projected 2020 cap space for teams on Monday.
Losing Kemba Walker hurt the franchise, but without him, the team is set to open up $34.7M in cap space next year. A lot of cap space is opening up because of the team’s expiring contracts for next season.
Entering an offseason with a decent amount of cap space has been rare for the Hornets lately, so this is something to look forward to. As of July 17th, the Hornets still have about $11.3m left in cap space for this upcoming season.
This projection is based on the team’s current roster right now. It could easily change if Charlotte makes any moves, or decides to resign one of their expiring contracts.
The Hornets are presumably not going after any huge players during this offseason. This was proven by the team’s decision to not pursue Chris Paul, who was traded to the Oklahoma City Thunder. The team will likely target a third point-guard who can play beyond Devonte’ Graham.
During next year’s offseason, fans can expect to see some players leave in free agency. Possible players who may not return are Nicholas Batum, Michael Kidd-Gilchrist, Marvin Williams, and Bismack Biyombo.
These four players have some of the worst contracts on the team, and Charlotte may be looking to get rid of them. Mitch Kupchak stated after free-agent contracts became official, that he doesn’t know if the team is rebuilding yet. Rebuilding or not, getting rid of the team’s bad contracts should be Kuchak’s #1 concern.
Rest assure, Charlotte is going to have room to make some moves next offseason; it will be interesting to see what Kupchak can do with cap space finally. Kupchak has been riding the Luxury Tax line ever since he joined the team last season, and some cap space should help him.
Charlotte may have a chance to bring in another star in the future, but for now, they will need to continue to manage their salary situation wisely. Here’s to hoping for a successful 2020 offseason!