While We’re Waiting… Impending cap room and the Cavaliers

While We’re Waiting serves as the early morning gathering of WFNY-esque information for your viewing pleasure. Have something you think we should see? Send it to our tips email at tips@waitingfornextyear.com. “If the season ended tomorrow, the Cleveland Cavaliers would owe Kyrie Irving, Tristan Thompson, Anderson Varejao, Dion Waiters, Tyler Zeller, and Alonzo Gee $28,079,120 in 2012-2013. They will almost certainly pick up C.J. Miles’ $2.25 million deal, and they will have two first round draft picks likely to make a combined $4 million or so. This comes out to a little over $34 million dollars. Given a salary cap around $60 million, the Cavaliers will have about $26 million dollars to spend. The salary floor will be 90% of the cap, or $54 million. In other words, the Cavaliers will likely have to take on $20 million dollars in salary. Cavaliers fans also know that Dan Gilbert is likely to be fine with the Cavaliers spending above the salary cap, as he has shown in the past a will...