As a result of a strange CBA detail the Sacramento Kings find themselves with extra cap space for the next few months. Bobby Marks of ESPN reported the details via twitter.
As a result of the set-off in the waived contracts of Anthony Tolliver and Arron Afflalo, Sacramento carved out an additional $2M in cap space. The Kings now have $5.4M in room to use up until June 30. The new cap year will start on July 1.
— Bobby Marks (@BobbyMarks42) April 23, 2018
Essentially what this means is that the Kings have a smaller cap hit than originally expected from waiving Anthony Tolliver and Arron Afflalo, and have $2 million in extra cap space through June 30th.