Correct...between Tim, Manu, Tony, McDyess, Hill, and Blair, the Spurs are committed to $50.97 million. They also have non-guaranteed contracts for Gee, Jerrells, Temple, and Hairston. If they drop all of those non-guaranteed players, and relinquish all rights to all of their free agents, then with a projected cap of $56.1 million, they will have about $5.1 million below the cap to play with. However, teams below the cap do not get the MLE, which last year was $5.854 million. So, they would gain absolutely nothing basketball-wise by RJ opting out.