UPDATED
I just added up these players (ESPN Trade Machine). I took out Gaines because we know he will be released (Watson Signing)
Bell
Evans (Will Most Likely stay with team)
Hayward
Jeffers (Thompson could take his spot but money won't change much)
Jefferson
AK
Miles
Millsap
Okur
Price
Deron
Fesenko (QO)
Total: 76,069,022
https://www.nba.com/news/cba_minimumsalary_050804.html
Elson (7 years) = 1,146,337
Watson (9 years) = 1,229,255
New Total: 78,444,614
Current NBA Luxury Tax = $70,307,000
Utah Jazz are over the luxury tax by
8,137,614
8,137,614 (x2 for penalty); Total Jazz Luxury tax savings if AK trade happens
16,275,228