Once the Sixers finalize their signing of Paul George, their $60-plus million in cap space will be a thing of the past. Based on current projections—which are fluid at this time of year—they’ll be left with roughly $8.9 million in cap space to spend if they waive Paul Reed while keeping Ricky Council IV on their books. (If they keep KJ Martin’s cap hold to perform some CBA shenanigans, they’d have $8.0 million.)
After the Sixers spend that cap space, sign Tyrese Maxey to his max contract, re-sign Kelly Oubre Jr. (presumably with the room mid-level exception) and fill out their roster with minimum contracts, they’ll be perilously close to the $178.