Updated Oct 13, 2026
Clippers Cap Sheet 2026-27
Every exception, trade exception and dollar the Clippers have left to work with, explained like a fun GM would and dated so you know exactly how fresh it is.
The Numbers
Cap sheet as of Sept 26, 2026Figures reflect the cap sheet as of Sept 26, 2026 and are updated as moves happen. Cam Christie was waived Oct 14 (he has 48 hours to clear waivers). The $4.8M figure is from the Sept 26 cap sheet and has not been re-verified since the cut. Want to play with it? Run the GM Meter on the home page.
How The Clippers Got Here
Rui Hachimura: 2 years, $28M
Signed this offseason and already the preseason opener's top scorer (21 points vs. Golden State).
Bradley Beal: 2 years, $13.2M
Signed using Non-Bird rights.
Kawhi Leonard to Toronto
Back came Brandon Ingram, Gradey Dick, two unprotected first-round picks, a first-round pick swap and two second-round picks.
Max Strus acquired
Johni Broome, who came over in the same trade, was waived. Two-way center Jamarion Sharp was also waived.
$30M fine, five firsts gone
The NBA closed its investigation into Kawhi Leonard's compensation: the organization was fined $30M and stripped of 5 first-round picks. Kawhi was personally fined for improper benefits.
Full move-by-move list on the Clippers Transactions tracker.
Cap Terms, Fun-GM Style
Trade Player Exception (TPE)
When a team trades a player away for less salary than it takes back, the difference can become a TPE: room to absorb a player in a later trade without sending matching salary out. The Clippers' $17M Collins TPE is the big one. TPEs expire, so they are a use-it-or-lose-it chip.
Mid-Level Exception (MLE)
A tool that lets an over-the-cap team sign free agents without cap space. The Clippers have $1.0M of it left.
Biannual Exception (BAE)
A smaller exception a team can use only every other year. The Clippers have $5.4M available.
Non-Bird rights
A way to re-sign a team's own free agent, within limits, even when it has no cap space. It is how Bradley Beal's deal was done.
Exhibit 10 contract
A non-guaranteed camp contract. Players who are waived can often be assigned to the team's G League affiliate (for the Clippers, San Diego). That is what happened with Hunter Sallis and Jason Preston on Sept 27.
The Clippers' Cap Sheet Is Loaded: Here's The Math
Short version of the math on the exceptions above. The full cap breakdowns live on YouTube.
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