Can't Buy Me Love

Teams with definite cap space:
Memphis
Their payroll is $44.2M next year, +$4-5M for the lottery pick and the Lakers pick (gasol trade) and that leaves them with $9-10M in cap room.

Philadelphia
Iggy's qualifying offer + a draft pick brings them to about $45 m (13-14 million left over)

Too many Variables:
LA Clippers
Without Livingston, Brand, Maggette: 30 million under the cap
however they would need to sign SIX players and their draft pick

Washington
A returning Jamison and Arenas would gobble up all the cap space. Blatche's extension barely leaves them under the luxury cap.

Possible Cap Space:
Atlanta
No draft pick (phoenix)
Payroll $39.9M, not including:
Josh Smith qualifying offer $6.7M
Josh Childress qualifying offer $10.9M
These two offers would bring over the projected cap

Miami
if Marion opts out, they will have over $20 million in cap space
but it's equally, if not more likely, that he'll stick around and hope for yet another late season trade

Suspiciously Missing:
Seattle
When it comes to spending your money in the NBA, they avoided the usual route and aqcuired a stable of 6-7 million dollar per year players to waste air. After signing their draft picks they'll have <3 million to manuever

Minnesota
Two Words:
Juwan, Fatoine

Charlotte: an average back up point guard,New contract for Matt Carroll and Emeka's qualifying offer give them little room under the cap