The Nuggets, going into the offseason, have virtually no way of creating salary cap space unless they make some very unlikely trades. If Denver renounces the cap holds on veterans Mason Plumlee and Paul Millsap, they will sit a little over $4 million above the cap.
Their extra first round pick they received from the Houston Rockets is also counting a bit over $2 million against the cap. The non-taxpayer mid-level exception and the bi-annual exception are going to be the team’s main source of personnel flexibility. Noah Vonleh, Jordan McRae, and Gerald Green are also counting against the cap currently, but those three will all likely be let go.