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NBA: The Biggest Winners And Losers Of Free Agency Day 1

By Gerald Bourguet

Dec 20, 2014; New Orleans, LA, USA; Portland Trail Blazers forward LaMarcus Aldridge (12) is guarded by New Orleans Pelicans forward Anthony Davis (23) during the first half of a game at the Smoothie King Center. Mandatory Credit: Derick E. Hingle-USA TODAY Sports
Dec 20, 2014; New Orleans, LA, USA; Portland Trail Blazers forward LaMarcus Aldridge (12) is guarded by New Orleans Pelicans forward Anthony Davis (23) during the first half of a game at the Smoothie King Center. Mandatory Credit: Derick E. Hingle-USA TODAY Sports /
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Mar 8, 2014; Cleveland, OH, USA; Cleveland Cavaliers owner Dan Gilbert speaks during the jersey retirement ceremony for Zydrunas Ilgauskas (not pictured) at Quicken Loans Arena. Mandatory Credit: David Richard-USA TODAY Sports /

Loser: Dan Gilbert’s Wallet

On Jul. 1 alone, owner Dan Gilbert committed a grand total of $240 million to three players over the next three years, and King James has yet to claim his free agency riches. That will be a significant total for the the first day of the new NBA fiscal calendar, especially since Gilbert originally shelled out $375 million to buy the franchise 10 years ago. Happy New Year, Lieutenant Dan!

Between Delly, J.R. and possibly not being able to unload Brendan Haywood‘s $10.5 million salary, the Cavs might wind up being the first team in NBA history to dole out $200 million in salary and luxury tax payments this season. For reference, the salary cap in 2015-16 will be $67-69 million.

Money can’t buy you love, but it might be able to buy you a championship team. At least, that’s the theory Dan Gilbert is going to put to the test.

Next: Winner: The Suns?