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

$5.1 million Bi-Annual Exception

Potential Free Agents​

• Trey Lyles ($14.6 million cap hold, Full Bird Rights, Unrestricted)​

• Keon Ellis ($2.2 million team option, Full Bird Rights, Restricted)​

• Jake LaRavia ($5.2 million cap hold, Limited Bird Rights, Unrestricted)​

• Colby Jones ($2.2 million non-guaranteed salary)

• Doug McDermott ($2.3 million cap hold, Non-Bird Rights, Unrestricted)

• Jae Crowder ($2.3 million cap hold, Non-Bird Rights, Unrestricted)

• Markelle Fultz ($2.3 million cap hold, Non-Bird Rights, Unrestricted)

• Isaac Jones ($2 million team option, Non-Bird Rights, Restricted)

Summary
Barring any major trades, the Kings will not have cap room in 2025, even if they lose all of their other potential free agents. If Ellis' team option is picked up, the Kings will have about $25 million below the luxury tax, $33 million below the first apron, and $44 million below the 2nd apron, with 8 players under contract, not including their first round pick (if they keep it). 

 

The Kings could potentially use the full MLE and re-sign Lyles while remaining under the luxury tax first apron, depending on Lyles' salary and where their first round pick lands (and if they retain it at all). However, it's possible that they are choosing between re-signing Lyles and using the Full MLE and BAE, particularly if they want to avoid the luxury tax.

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The Kings also might decline Ellis' option to sign him to a larger contract in 2025 as a restricted free agent in order to avoid him hitting unrestricted free agency in 2026.

Potential Free Agency Targets
Bench Depth

• Santi Aldama

• Kelly Oubre

• Jae'Sean Tate

 

Perimeter Defense

• De'Anthony Melton

• Bruce Brown

• Matisse Thybulle

 

Rim Protection / Backup center​

• Isaiah Jackson

• Precious Achiuwa

• Moe Wagner