$4 million less in salaries is nice.
That puts us somewhere around $20 million under the cap next season.
ESPN's Trade Machine says we are about $10.7 million under the cap. Add in $4.4 million for releasing BK and another $5.5 million b/c Gerald didn't take his option. [All of this changes when we sign the rookies and release/re-sign some of our other guys who are paid 1-2 million]
That means we can pay Wallace 10-12 and have another 8 - 10 to do stuff with (like extend Okafor and Felton). IMO, get rid of Morrison who is making more than Felton and playing a lot worse.
Notables: Okafor = $4.3 million (2 years left), Felton = $3.0 million (2 years left), Morrison = $3.6 million (2 years left)