NorthEast Wiz

Here is Chad Ford's latest on the cap situation from ESPN's NBA Insider:

WASHINGTON WIZARDS
Expires in 2003: Jerry Stackhouse ($6 mil - Player Option); Tyronn Lue ($1.9 mil); Bryon Russell ($1.4 mil - Team Option); Michael Jordan ($1 mil)
Expires in 2004: Etan Thomas ($2.2 mil)
Comments: As it stands right now, the Wizards could be looking at anywhere from $7 to $9 million in cap space this summer. They may use it to re-sign Stackhouse, or they may try to go out and be players in the free-agent market. If they could move Christian Laettner's or Jahidi White's contract off the books, they could move right into max cap space along with the Nuggets, Spurs and Jazz. Expect Jordan to do what it takes to ensure that his team has ultimate flexibility this summer. The Wizards like Stackhouse, but long term, he may not be the best fit.

I would love to move L8 or White.

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Wizards1

This is a perfect example of where stable and solid management come into play. They have to make the right moves this summer which I'm sure they will.

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Did I do thaaaaaaaaaaat?

Jaybird

Here's an even better breakdown of the Wizard's cap situation from a thread on the realgm boards.

Wizards cap room

It goes into more detail on what moves can maximize our cap numbers as well as what exactly happens with each option of Stack's contract. Hope the link works. Look for posts by WizardsKev he's the cap Guru

NorthEast Wiz

That is why Chad Ford is a bum and WizardsKev is the man. We need to get him to post over here more. He seems to be getting very busy these days though.

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