Extension period will begin on April 18th. You will not be able to exceed your projected cap space which is equal to $73.0m for next season. The period will continue until May 2nd.
Anyone not extended during this period that is on a 2014-15 contract will be released to free agency after the May 2nd deadline.
If you may, can you please post if you are releasing a player so I can process quicker and one roster at a time.
Thanks and happy extended.