Herb Simon will be paying over $2,500,000 in salary to have three players not play for the Pacers this season. Between Monta Ellis, Rakeem Christmas, and Georges Niang, that $2.5 million of cap room is gone. All three of these players were waived in the last six months.
For Christmas and Niang, the payments are easy. Christmas had a minimum contract that was partially guaranteed. His guaranteed amount in his contract was $172,552. Essentially, that amount is how much the Pacers will pay Christmas this season. He has since signed a contract in Turkey.