Max Cap Room
$14.1 million Non-Taxpayer Mid-Level Exception

$5.1 million Bi-Annual Exception

Potential Free Agents​

• Gary Payton II ($17.3 million cap hold, Full Bird Rights, Unrestricted)

• Kevon Looney ($15.3 million cap hold, Full Bird Rights, Unrestricted)

• Jonathan Kuminga ($22.9 million cap hold, $10.2 million Qualifying Offer, Full Bird Rights, Restricted)

• Trayce Jackson-Davis ($2.2 million salary non-guaranteed)

• Gui Santos ($2.2 million salary non-guaranteed)

• Quinten Post ($2 million team option, Non-Bird Rights, Restricted)

• Pat Spencer ($2.5 million cap hold and Qualifying Offer, Early Bird Rights, Restricted)

• Kevin Knox ($2.3 million cap hold, Non-Bird Rights, Unrestricted)

• Braxton Key ($2.3 million cap hold, Non-Bird Rights, Unrestricted)

Summary

The Warriors won't have cap space even if they lose all of their potential free agents, so they will be operating over the cap. 

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If Jackson-Davis and Post are retained, the Warriors will have about $19 million below the luxury tax, $27 million below the first apron, and $39 million below the second apron, with 8 players under contract. So they could possibly have the $14.1 million Non-Taxpayer MLE to add talent and remain below the first apron, but it would mean letting essentially everyone go, and they probably wouldn't have enough space to use the full MLE and the $5.1 million Bi-Annual Exception.

 

It's likely though that they spend enough on their own free agents and are over the first apron and only have the $5.7 million Taxpayer MLE to add talent, or maybe even that they're over the second apron and only have minimums to add talent in free agency.

Potential Free Agency Targets
Wing depth;

• Gary Harris

• Gary Trent Jr.

• Quentin Grimes

Perimeter defense:

• Tre Jones

• Nickeil Alexander-Walker

• Dorian Finney-Smith

Frontcourt depth:

• Drew Eubanks

• Jock Landale

• Jericho Sims