“Orlando Magic — Projected Cap Room: $17,129,899
The Magic waiving Jameer Nelson has put them in position to maybe wriggle free enough cap room to sign a big-name free agent. Of course, the issue is most of the team’s cap space is going to players not currently on the roster — $18.4 million owed to Nelson, Glen Davis and Al Harrington. That means this is a young roster with little to offer a player looking to win now.”
I wrote a mega free agency preview with a focus on who could sign LeBron James or Carmelo Anthony over at Crossover Chronicles. Clearly the Magic are not quite ready to sign a big-name free agent. But that copious amount of cap room sure looks nice as free agency starts.