For anyone curious, here's what Phoenix and GS's salary caps look like in comparison to ours:
Phoenix are in a similar situation to use...their total cap allocation is $198.1m, which includes $9.7m of cap holds (Biyombo, Ross, Warren, Lundberg, Lee). If you take those off on the assumption those players will either be renounced or will find new homes, they are at $188.4m, which is still $5.6m over the 2nd apron. Getting rid of their nonguaranteed contracts brings them closer to the 2nd apron at $1.8m over. They currently have 17 players on their roster, so even getting rid of the 2 nonguaranteeds they would stlll have to renounce one player, which should probably just get them just under it. So it shouldn't be too hard for them to tweak their roster.
Golden State are in a different situation...they have $172m of their total cap tied up in 5 players - Steph, Klay, CP3, Wiggins and Draymond. And they have a roster of 13 players before training camp invitees, so they will have some decisions to make but right now they are at $225m total cap allocations, and at $207m active roster allocations excluding cap holds. I'm not sure how they get under the 2nd apron without getting rid of one of the Big Five.