Brooklyn Nets

Brooklyn Nets 2021-22 Salary Cap

Nets 2021-22 Salary Cap

An updated look at the Brooklyn Nets 2021 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

Nets – The Athletic

Player Option
Club Option
Non-Guaranteed
Estimate
Player (15) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap Figure Cap % Cash Remaining
(Guaranteed)
Notes
Harden James Harden SG $44,310,840 $44,310,840 - - - $44,310,840 25.02 $91,677,600
($91,677,600)
Acquired via Trade
Durant Kevin Durant SF $42,018,900 $40,918,900 $1,100,000 - - $42,018,900 23.72 $278,463,658
($276,213,658)
Acquired via Trade
Irving Kyrie Irving PG $35,328,700 $34,916,200 $412,500 $687,500 - $35,328,700 19.95 $72,263,250
($71,419,500)
Free Agent / Space
Harris Joe Harris SG $17,357,143 $17,357,143 - $500,000 - $17,357,143 9.80 $55,928,571
($55,928,571)
Free Agent / Bird
Mills Patrick Mills PG $5,890,000 $5,890,000 - - - $5,890,000 3.33 $12,074,500
($12,074,500)
Free Agent / T-MLE
Brown Jr. Bruce Brown Jr. SG $4,736,102 $4,736,102 - - - $4,736,102 2.67 $4,736,102
($4,736,102)
Free Agent / Qualifying Offer
Carter Jevon Carter PG $3,650,000 $3,650,000 - - - $3,650,000 2.06 $7,575,000
($7,575,000)
Acquired via Trade
Thomas Cameron Thomas SG $2,036,280 $2,036,280 - - - $2,036,280 1.15 $10,455,512
($4,174,440)
Drafted / Rookie Scale
Sharpe Day'Ron Sharpe C $2,009,040 $2,009,040 - - - $2,009,040 1.13 $10,317,899
($4,118,400)
Drafted / Rookie Scale
Claxton Nicolas Claxton PF $1,782,621 $1,782,621 - - - $1,782,621 1.01 $1,782,621
($1,782,621)
Drafted / Space
Aldridge LaMarcus Aldridge PF $1,669,178 $2,641,691 - - - $1,669,178 0.94 $2,641,691
($2,641,691)
Free Agent / Minimum
Griffin Blake Griffin PF $1,669,178 $2,641,691 - - - $1,669,178 0.94 $2,641,691
($2,641,691)
Free Agent / Minimum
Johnson James Johnson PF $1,669,178 $2,641,691 - - - $1,669,178 0.94 $2,641,691
($2,641,691)
Free Agent / Minimum
Millsap Paul Millsap PF $1,669,178 $2,641,691 - - - $1,669,178 0.94 $2,641,691
($2,641,691)
Free Agent / Minimum
Bembry DeAndre' Bembry SF $1,669,178 $1,939,350 - - - $1,669,178 0.94 $1,939,350
($750,000)
Free Agent / Minimum
G'teed: $750,000


2021-22 Two-Way

Players signed to Two-Way contracts that are currently designated to G-League affiliate. Two-way salaries do not count against a team's Total Cap Allocations.

Player (2) Pos.
Duke Jr.David Duke Jr. SG          
EdwardsKessler Edwards SF          


2021-22 Dead/Retained Cap

Cap breakdowns for players who have been released or served 10-day contracts. All count against the team's Total Cap Allocations.

Player (2) Pos. Base Salary Likely
Incent.
Unlikely
Incent.
Trade Bonus Cap Figure Cap % Notes
SumnerEdmond Sumner PG $2,320,000 - - - $2,320,000 1.31 Waived
OkaforJahlil Okafor C $2,130,023 - - - $2,130,023 1.20 Waived


2021-22 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Nets are currently over the league salary cap, these cap holds do not count against their Total Cap figure. Renouncing these cap holds will NOT afford the team any new cap space. These figures are not counted toward a team's Luxury Tax Allocation.

Player (3) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
JamesMike James PG - $1,869,178 Bird
ChandlerWilson Chandler SF - $1,669,178 Non-Bird
JohnsonTyler Johnson SG - $1,669,178 Early Bird


Exceptions

Exceptions are essentially "grants" offering teams an additional way to sign players. Exceptions can be split up for multiple player signings, however only one of these exceptions may be used in a season and they cannot be combined.

Taxpayer Mid-Level Exception Details is awarded annually to teams who are above the cap and above the Luxury Tax Apron ($143,002,000) and can be used for contracts up to 3 years in length.

Trade Exception Details becomes available when a team relinquishes more salary than it acquires during a trade. The "credit" balance remains as an exception that can be used within the next year to acquire salary via trade without further relinquishing additional salary.

Type Amount (Remaining) Reason/Notes Expire Date
Taxpayer Mid-Level Exception $5,890,000
($0)
Patrick Mills ($5,890,000)
Trade Exception $118,342
($118,342)
Landry Shamet trade with PHX 07/06/2022
Trade Exception $11,454,048
($11,454,048)
Spencer Dinwiddie trade with WAS 08/06/2022
Trade Exception $6,267,918
($6,267,918)
DeAndre Jordan trade with DET 08/19/2022
Trade Exception $3,613,680
($1,293,680)
Sekou Doumbouya trade with HOU (Edmond Sumner, $2,320,000) 10/06/2022


2021-22 Luxury Tax Totals

Denotes the Nets current standing in terms of the luxury tax threshold. Teams that spend over the threshold pay fines (estimated below).

Type Totals
2021 NBA Luxury Tax Threshold $136,606,000
Total Taxable Salaries $171,915,539
Current Luxury Tax Space $-35,309,539
Est. Luxury Tax Bill $110,375,085


2021-22 Brooklyn Nets Salary Cap Totals

The Nets are currently over the league salary cap. This means Cap Holds & Exceptions are NOT included in their Total Cap Allocations, and renouncing these figures will not afford them any cap space. The team may only sign outside players using any available exceptions or at league minimum salaries.

Cap Type Cap Total
Active Roster Cap $167,465,516
Dead Money $4,450,023
Cap Holds $5,207,534
Total Cap Allocations $177,123,073
Salary Cap Maximum
2021 NBA Salary Cap Max $112,414,000
Current Cap Space $-64,709,073
 

2021-22 Practical Cap Space

Available Practical Cap Space: $-63,789,895 — $-54,132,338

$-63,789,895
Projected Practical Cap Space:

This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries + estimated exercised and declined options + estimated retained cap holds and draft pool cap holds.

$-54,132,338
Maximum Possible Cap Space:

This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries. All other options, cap holds, exceptions are assumed as declined, waived or renounced.





Deadlines

Deadline Date Player Type Value
2021-22
12/15/2021 DeAndre' Bembry Guaranteed $1,250,000
01/10/2022 Alize Johnson Guaranteed $1,762,796
01/10/2022 Devontae Cacok Guaranteed $1,669,178
06/29/2022 Kevin Durant 2022-23 Player Option $42,778,850
06/29/2022 Kyrie Irving 2022-23 Player Option $36,503,300
06/29/2022 Patrick Mills 2022-23 Player Option $6,184,500
06/29/2022 James Harden 2022-23 Player Option $47,366,760
06/30/2022 David Duke Jr. 2022-23 Qualifying Offer $1,576,305
06/30/2022 Devontae Cacok 2022-23 Qualifying Offer $2,086,472
2022-23
10/31/2022 Cameron Thomas 2023-24 Club Option $2,240,040
10/31/2022 Day'Ron Sharpe 2023-24 Club Option $2,210,160
01/10/2023 DeAndre' Bembry 2021-22 Guaranteed $1,939,350
01/10/2023 Alize Johnson Guaranteed $1,910,860
2023-24
10/31/2023 Cameron Thomas 2024-25 Club Option $4,041,032
10/31/2023 Day'Ron Sharpe 2024-25 Club Option $3,989,339
2024-25
06/30/2025 Cameron Thomas 2025-26 Qualifying Offer $5,992,851
06/30/2025 Day'Ron Sharpe 2025-26 Qualifying Offer $5,984,008