Looks like the Wizards put themselves in a good position for 2010/2011. They can sign three mid-level free agents, or one big free agent and another mid-level free agent during this summer's free agency period. Of course, this is all dependent on a big name free agent wanting to play in DC...
Imagine if they find a way to void Gilbert Arenas' contract. They would have less than $20 million devoted to the 2010/2011 payroll before the draft and the start of free agency. I call that the dream scenario.
See the side bar to access the entire excel file or click here to see the full table as web page.
[Updated 4:30pm 2-18-2010]
Dominic McGuire has since been traded so I removed him from the excel file. The option columns complicated the look of the table so I took them out. The Wizards will still be $29 million under the luxury tax for 2010/2011 after signing their draft picks. If they resign Josh Howard and Mike Miller, it should cost no more than $14 million. That would leave additional $15 million to use on an A or B list free agent.
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