Just to clear some things up with all this hoopla/nonsense/media blitz/outright incorrect information
http://espn.go.com/blog/truehoop/post/_/id/17304/cap-slashing-for-lebron
Long story short:
- New York Knicks: $34.17 million
- New Jersey Nets: $29.99 million
- Chicago Bulls: $29.17 million
- Miami Heat: $27.13 million
- Los Angeles Clippers: $16.83 million
- Sacramento Kings: $15.35 million
- Minnesota Timberwolves: $13.44 million
- Washington Wizards: $7.18 million
- Oklahoma City Thunder: $6.13 million
"So a team would need $33.14 million under the cap to sign two max-contract free agents."
"Currently only the New York Knicks have enough space to bring in two max free agents."