| 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | |
| Ersan Ilyasova | $ 7,900,000 | $ 8,400,000 | |||
| Nikola Vucevic | $ 11,250,000 | $ 11,750,000 | $ 12,250,000 | $ 12,750,000 | |
| Victor Oladipo | $ 5,192,520 | $ 6,552,961 | $ 8,551,614 | ||
| C.J. Watson | $ 5,000,000 | $ 5,000,000 | $ 5,000,000 | ||
| Jason Smith | $ 4,300,000 | ||||
| Aaron Gordon | $ 4,171,680 | $ 4,351,320 | $ 5,504,420 | $ 7,260,330 | |
| Mario Hezonja | $ 3,741,480 | $ 3,909,840 | $ 4,078,320 | $ 5,167,231 | $ 6,851,749 |
| Elfrid Payton | $ 2,505,720 | $ 2,613,600 | $ 3,332,340 | $ 4,538,647 | |
| Andrew Nicholson | $ 2,380,593 | $ 3,394,726 | |||
| Evan Fournier | $ 2,288,205 | $ 3,278,998 | |||
| Shabazz Napier | $ 1,294,440 | $ 1,350,120 | $ 2,361,360 | $ 3,452,308 | |
| Dewayne Dedmon | $ 947,276 | $ 1,215,696 | |||
| Devyn Marble | $ 845,059 | $ 980,431 | $ 1,251,245 | ||
| Joe Harris | $ 845,059 | ||||
| Brandon Jennings | $ 8,344,497 | ||||
| Keith Appling, Jordan Sibert & Melvin Ejim | $ 411,776 | ||||
| $ 63,515,581 | $ 52,797,692 | $ 42,329,299 | $ 33,168,516 | $ 6,851,749 |
| Cap Space | $ 6,484,419 |
| Potential Space | $ 6,484,419 |
| Green-Player Option |
| Grey-Unguaranteed |
| Red-Qualifying Offer |
| Blue-Team Option |
*Under the CBA, teams must have a minimum payroll that is at least 90% of the salary cap. The current cap for 2015-2016 is $70.0M – meaning a minimum payroll of $63,000,000. If the team doesn’t meet the minimum payroll, then the difference between the minimum cap line and actual line is spread out among the current roster. The Tax Line is at $84.7M.
Player and Team Notes:
Magic have a Traded Player Exception as a result of dealing Channing Frye to Cleveland. It’s valued at $8,193,029 (Frye’s ’15-’16 contract) and expires on 2/18/2017. $1.15 million of that TPE was used to acquire Chris Copeland. The TPE is now valued at $7,043,029. Although the Magic have $63,515,581 in player salary now, this TPE counts against the team’s salary cap, so in reality it puts the Magic at $70,558,610. That’s $558,610 over the salary cap.
The Magic can choose to renounce the rights to this TPE at any time if they choose to dip under the salary cap before July 1st. Or, use it as a trade piece.
Ersan Ilyasova – Only $400,000 of $8.4 million of 2016-2017 contract is guaranteed. Becomes guaranteed on July 1, 2016.
Keith Appling – Signed a 10-day contract on January 18, 2016, and then another one on January 29, 2016. Each is valued at $30,888. Contract ended on February 8, 2016. By not signing a contract through the end of the season, Keith can’t be re-signed by Magic this season.
Joe Harris – Contract was waived following the January 12, 2016 trade with the Cavaliers.
Melvin Ejim ($150,000), Jordan Sibert ($100,000), Keith Appling ($100,000) – All waived in preseason, partially guaranteed contracts according to Eric Pincus of Basketball Insiders.
Devyn Marble – Estimated salary based on report of 3-year deal. Guaranteed for 2015-2016 season. ’16-’17 portion of contract becomes guaranteed on July 15, 2016.
C.J. Watson – Assuming 3-year, $15 million deal is a flat payout. For 2017-2018 season, only $1 million of the $5 million is guaranteed. ’17-’18 portion of deal gets fully guaranteed on July 10, 2017.
Free Agency Moratorium – July 1, 2016 through July 6, 2016. Teams can officially sign free agents beginning July 7th.
Draft Picks:
2016 – Owed better second-rounder from either Chicago Bulls or Portland Trail Blazers. Orlando will pick 47th on June 23rd.
2017 – Owed second-rounder (top-55 protected) from Sacramento Kings as a result of the Joe Harris trade with Cleveland.
2018 – Lakers owe the Magic compensation for the Dwight Howard deal.
The Lakers must pick 4th or worse in the 2017 draft for the Magic to receive the Lakers’ unprotected first-round pick in 2019.
If the Lakers have another top-three pick next in the 2017 Draft Lottery, the Magic instead will receive the Lakers’ second-round pick in 2017 and the Lakers’ second-round pick in 2018.
Extra details courtesy of Josh Robbins of the Orlando Sentinel.
2019 – Right to swap second round picks with New York Knicks as part of Kyle O’Quinn sign-and-trade.
2020 – Owed second-rounder from Cleveland as part of 3-way trade with Cavaliers and Portland that shipped out Channing Frye and brought back Jared Cunningham’s contract.
Cash Received ($3.4 million max in a season):
$100,000 from New York Knicks – Kyle O’Quinn Deal
$1,078,700 from Miami Heat – Shabazz Napier Deal
$934,614 from Cleveland Cavaliers – Joe Harris Deal
Total Received: $2,113,314
Money can’t be used in relation to team salaries
Cash Paid ($3.4 million max in a season): $0
Unsigned Draft Picks (selected or acquired over time)
First-Rounders:
Fran Vazquez – 11th overall pick of 2005 Draft
Second-Rounders:
Tyler Harvey – 51st overall pick of 2015 Draft
Janis Timma – 60th overall pick of 2013 Draft
Ramon Van De Hare – 52nd overall pick of 2003 Draft
Rashard Griffith – 38th overall pick of 1995 Draft