Brooklyn Nets

Brooklyn Nets 2022-23 Salary Cap

Nets 2022-23 Salary Cap

An updated look at the Brooklyn Nets 2022 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

2023 NBA Offseason Financial Previews: Milwaukee Bucks
Breaking down the upcoming offseason for each 2023-24 NBA team, including cap space figures, free agents, draft pick scenarios, & thoughts on potential trades, exceptions, & plenty more. READ ON
Player Option
Club Option
Non-Guaranteed
Estimate
Player (15) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Notes
Simmons Ben Simmons PG $35,448,672 $35,448,672 - - - $35,448,672 21.23 28.67 Acquired via Trade
SEI-Back
Bridges Mikal Bridges SF $21,000,000 $21,000,000 - - - $21,000,000 12.58 16.98 Acquired via Trade
Dinwiddie Spencer Dinwiddie PG $19,500,000 $18,000,000 $1,500,000 $1,071,428 - $19,500,000 11.68 15.77 Acquired via S&T
Harris Joe Harris SG $18,642,857 $18,642,857 - $500,000 - $18,642,857 11.17 15.08 Free Agent / Bird
Finney-Smith Dorian Finney-Smith PF $12,938,660 $12,402,000 - - $536,660 $12,938,660 7.75 10.46 Acquired via Trade
Claxton Nicolas Claxton C $9,350,000 $8,500,000 $850,000 $425,000 - $9,350,000 5.60 7.56 Free Agent / Bird
O'Neale Royce O'Neale SF $9,200,000 $9,200,000 - - - $9,200,000 5.51 7.44 Acquired via Trade
Curry Seth Curry SG $8,496,653 $8,496,653 - - - $8,496,653 5.09 6.87 Acquired via Trade
Mills Patty Mills PG $6,479,000 $6,479,000 - $589,000 - $6,479,000 3.88 5.24 Free Agent / Non-Bird
Johnson Cameron Johnson SF $5,887,899 $5,887,899 - - - $5,887,899 3.53 4.76 Acquired via Trade
Thomas Cameron Thomas SG $2,138,160 $2,138,160 - - - $2,138,160 1.28 1.73 Drafted / Rookie Scale
Sharpe Day'Ron Sharpe C $2,109,480 $2,109,480 - - - $2,109,480 1.26 1.71 Drafted / Rookie Scale
Sumner Edmond Sumner SG $1,968,175 $1,968,175 - - - $1,968,175 1.18 1.59 Free Agent / Minimum
Watanabe Yuta Watanabe SF $1,836,090 $1,968,175 - - - $1,836,090 1.10 1.48 Free Agent / Minimum
Duke Jr. David Duke Jr. SG $28,241 $28,241 - - - $28,241 0.02 0.02 RoS / Minimum


2022-23 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/Tax Allocations.

Player (2) Pos.
GrayRaiQuan Gray PF          
SmithDru Smith SG          


2022-23 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 (4) Pos. Base Salary Likely
Incent.
Unlikely
Incent.
Trade Bonus Cap Figure Cap % Notes
CarterJevon Carter PG $3,925,000 - - - $3,925,000 2.35 Waived
NoelNerlens Noel C $151,821 - - - $105,522 0.06 10-day
BrownMoses Brown C $109,318 - - - $105,522 0.06 10-day
BrownMoses Brown C $109,318 - - - $105,522 0.06 10-day


2022-23 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 (4) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
MilutinovNikola Milutinov C - $2,201,400
AldridgeLaMarcus Aldridge PF - $1,836,090 Early Bird
ChandlerWilson Chandler SF - $1,836,090 Non-Bird
JamesMike James PG - $1,836,090 Non-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 ($156,983,000) 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 Reason (Used On) Original Available
Taxpayer Mid-Level
$6,479,000 $6,479,000
Trade
2/06/2024
Markieff Morris trade with DAL
$1,836,090 $1,836,090
Trade
2/06/2024
Kyrie Irving trade with DAL
$4,494,702 $4,494,702
Trade
2/07/2024
Kessler Edwards trade with SAC
$1,637,966 $1,637,966
Trade
2/09/2024
Kevin Durant trade with PHX
$18,131,946 $18,131,946
Trade
2/09/2024
T.J. Warren trade with PHX
$1,836,090 $1,836,090


2022-23 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
2022 NBA Luxury Tax Threshold $150,267,000
Total Taxable Salaries $159,265,453
Current Luxury Tax Space $-8,998,453
Est. Luxury Tax Bill $14,497,295


2022-23 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 $155,023,887
Dead Money $4,241,566
Cap Holds $7,709,670
Total Cap Allocations $166,975,123
Salary Cap Maximum
2022 NBA Salary Cap Max $123,655,000
Current Cap Space $-43,320,123




Deadlines

Deadline Date Player Type Value
6/29/2023 Dru Smith 2023-24 Qualifying Offer — Two-Way $1,774,999
6/29/2023 David Duke Jr. 2023-24 Qualifying Offer $1,989,698
6/30/2023 Cameron Johnson 2023-24 Qualifying Offer $8,468,620
7/05/2023 Edmond Sumner 2023-24 Guaranteed — final day of 2023 moratorium $2,239,943
7/10/2023 Royce O'Neale 2023-24 Guaranteed $9,500,000
10/31/2023 Cameron Thomas 2024-25 Club Option $4,041,249
10/31/2023 Day'Ron Sharpe 2024-25 Club Option $3,989,122
6/29/2024 RaiQuan Gray 2024-25 Qualifying Offer — Two-Way $1,923,495
6/30/2025 Dorian Finney-Smith 2025-26 Player Option $15,378,480
6/30/2025 Cameron Thomas 2025-26 Qualifying Offer $5,993,172
6/30/2025 Day'Ron Sharpe 2025-26 Qualifying Offer $5,983,683




Unsigned Draft Picks

Draft Year Player Age Position Country College
2014 Nemanja Dangubic 30 SG SRB
2015 Nikola Milutinov 28 C SRB
2015 Juan Vaulet 27 SF ARG
2015 Aaron White 30 PF USA Iowa
2016 David Michineau 29 PG GLP
2004 Christian Drejer 40 F DNK


Future Draft Picks

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
2024
HOU
2025
BKN
BKN
2026
HOU
2027
BKN    HOU
HOU right to swap
HOU    BKN
HOU right to swap with BKN
PHI
Top-4 Protected (if not already settled with OKC) or Top-8 Protected (if PHI conveys 1st to OKC in 2025)
OKC    BKN
5-30 OKC or 9-30 BKN (if PHI conveys 1st to OKC in 2025)
BKN
2028
BKN    PHX
BKN right to swap with PHX
PHI
Top-8 Protected (if not already settled with BKN and if PHI conveys 1st to OKC by 2026)
BKN
9-30 (if not already settled and if PHI conveys 1st to OKC by 2026)
PHX    BKN
BKN right to swap with PHX
2029
BKN
BKN
BKN
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
2024
HOU
2025
NYK
via MIA
IND
31-37
BKN
38-60 (via IND)
2026
BKN
2027
DET
BKN
2028
BKN
BKN
PHI    BKN
PHI pick if PHI conveys second 1st to BKN by 2028; BKN pick if PHI does not convey second 1st to BKN by 2028
2029
BKN
BKN
BKN