Max Cap Room
$41 million, not including their first round pick
$8.8 million Room Mid-Level Exception

Potential Free Agents​

• Malcolm Brogdon ($33.8 million cap hold, Full Bird Rights, Unrestricted)

• Richaun Holmes ($13.3 million salary only $250k guaranteed)

• Johnny Davis ($6.7 million cap hold, Limited Bird Rights, Unrestricted)

• Patrick Baldwin Jr. ($6.7 million cap hold, Limited Bird Rights, Unrestricted)

• Anthony Gill ($2.5 million non-guaranteed salary)

Summary
The Wizards could have a significant amount of cap room. However, their first round pick could cut into that space significantly, depending on which selection they land. Hanging onto their own free agents or players with non-guaranteed salary could also cut into that room. 

If they retain enough of their own potential free agents, they may end up operating over the cap and having the full $14.1 million Non-Taxpayer Mid-Level Exception and $5.1 million Bi-Annual Exception to add talent.

Potential Free Agency Targets
"2nd draft" guys​

• Isaiah Jackson

• Kenyon Martin, Jr.

• Jaden Hardy

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Passing/Playmaking

• Tre Jones

• Lonzo Ball

• D'Angelo Russell

Complementary Veterans

• Jordan McLaughlin

• Gary Trent Jr.

• Chris Boucher