*Under the new CBA, teams must have a minimum payroll that is at least 90% of the salary cap. The current cap projection for 2013-2014 is $60M – meaning a minimum payroll of $54M. However, Gilbert Arenas and his $22.3M amnestied salary this season counts towards the “floor” amount.
Hedo Turkoglu - When traded from Toronto to Phoenix, Turk agreed to make the final year of his contract partially unguaranteed. $6M of the $12M is guaranteed. Prior to the trade, it was a player option.
Al Harrington – Waived on 08/02/2013. Final two years were 50% guaranteed and count against the salary cap.
Jameer Nelson – 3rd year partially guaranteed at $2M if not waived before July 15th, 2014.
Jason Maxiell – Must be waived on or before July 10th, 2014 or else the full $2.5M for ’14-15 becomes fully guaranteed.
Quentin Richardson – Waived on 10/28/2012, salary still counts against the cap.
Doron Lamb – Final year is unguaranteed if waived prior to July 1st, 2014.
Ronnie Price – Second year is fully non-guaranteed if not waived prior to July 10th, 2014.
Solomon Jones - Actual salary is $1.2M. Can be waived at any point this season prior to January 10th. Contract becomes fully guaranteed at that point.
Romero Osby – Waived on October 25th, but had $100,000 guaranteed prior to being waived.
Trade Exception – The Magic gained a $17.8M traded player exception that expires on August 10, 2013. The TPE may be used to acquire a player(s) up that amount.
2014 – Owe second-rounder to Cleveland Cavaliers (Justin Harper).
2014 – Owed first-rounder-rounder from Denver Nuggets (Dwight Howard). The Magic get the lesser first-rounder, which could be from New York Knicks (Carmelo Anthony).
2015 – Owed first-rounder (lottery-protected through 2016, top-11 protected in 2017, top-eight protected in 2018, otherwise converts to second-rounders in 2018 and 2019) from Philadelphia 76ers (Dwight Howard). The Sixers don’t send their pick until two years following completion of 2013 first-round obligation (Arnett Moultrie).
2015 – Owed second-rounder (top-40 protected) from Los Angeles Lakers (Dwight Howard).
2017 – Owed first-rounder (top-five protected, otherwise converts to 2017 and 2018 second-rounders) from Los Angeles Lakers (Dwight Howard).
For a look at how rookie salaries impact the cap, click here for an explanation.