On Wednesday, Memphis Grizzlies owner Michael Heisley insisted that the team would not be selling the No. 25 pick to the highest bidder, despite
salary concerns and the reality of
guaranteed contracts for first -
round picks heading into next season.
Unless they trade away a couple of their starters, the Wizards will be significantly (and I mean WAY, WAY) over the
salary cap — and as it stands right now assuming both Meeks and Jason Smith exercise their player options (and they'd be fools not to), and the Wizards pick up the option on Kelly Oubre (and they'd be fools not to), the Wizards
guaranteed salaries for 10 players + cap holds for their first
round pick and the Taxpayer Mid-Level Exception will put them OVER THE PROJECTED LUXURY TAX LINE by at least $ 8 Million.