Cap Notes: IND Waives Moses Brown, results in $306,660 Dead Money, clear spot and salary to acquire Min. Vet (12/9/2024)

Transaction Summary

1. Indiana waives Brown on 12/9, clearing waivers on 12/11.
2. $306,660 in Dead Money.

Cap Discussion

1. Visit prior Cap Notes article discussing Indiana’s signing of Moses Brown.
2. Brown’s per-day Salary was $13,939.10($2,021,169 prorated salary / 145 days remaining in Regular Season at time of signing).
3. Brown remaining on roster from 11/20 through 12/11, which is 22 days.
4. 22 x $13,939.10 = $306,660 in Dead Money.
5. After waiving Brown, the team is $2,214,031 below the Luxury Tax Threshold, enough to acquire a player with a cap hit of the minimum salary for 2 Years of Service (YOS), i.e. Thomas Bryant ($2,087,519).
6. Waiving Brown allowed the opening of a roster spot for the Thomas Bryant trade on December 15th.