Brooklyn Nets

Brooklyn Nets 2024-25 Salary Cap

Nets 2024-25 Salary Cap

An updated look at the Brooklyn Nets 2024 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

Player Option
Club Option
Non-Guaranteed
Estimate
Player (11) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Cash Remaining
(Guaranteed)
Notes
Simmons Ben Simmons PG $40,338,144 $40,338,144 - - - $40,338,144 23.24 28.61 $40,338,144
($40,338,144)
Acquired via Trade
Johnson Cameron Johnson SF $23,625,000 $22,500,000 $1,125,000 $3,375,000 - $23,625,000 13.61 16.76 $66,668,478
($65,543,478)
Free Agent / Bird
Bridges Mikal Bridges SF $23,300,000 $23,300,000 - - - $23,300,000 13.42 16.52 $48,200,000
($48,200,000)
Acquired via Trade
Finney-Smith Dorian Finney-Smith PF $14,924,167 $14,386,320 - - $537,847 $14,924,167 8.60 10.58 $29,764,800
($29,764,800)
Acquired via Trade
Schröder Dennis Schröder PG $13,025,250 $13,025,250 - - - $13,025,250 7.50 9.24 $13,025,250
($13,025,250)
Acquired via Trade
Thomas Cameron Thomas SG $4,041,249 $4,041,249 - - - $4,041,249 2.33 2.87 $4,041,249
($4,041,249)
Drafted / Rookie Scale
Sharpe Day'Ron Sharpe C $3,989,122 $3,989,122 - - - $3,989,122 2.30 2.83 $3,989,122
($3,989,122)
Drafted / Rookie Scale
Clowney Noah Clowney PF $3,244,080 $3,244,080 - - - $3,244,080 1.87 2.30 $12,056,754
($3,244,080)
Drafted / Rookie Scale
Whitehead Dariq Whitehead SG $3,114,240 $3,114,240 - - - $3,114,240 1.79 2.21 $11,743,712
($3,114,240)
Drafted / Rookie Scale
Bates-Diop Keita Bates-Diop SF $2,654,644 $2,654,644 - - - $2,654,644 1.53 1.88 $2,654,644
($2,654,644)
Acquired via Trade
Wilson Jalen Wilson PF $1,891,857 $1,891,857 - - - $1,891,857 1.09 1.34 $4,113,534
($75,000)
RoS / NT-MLE
G'teed: $75,000


2024-25 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 (1) Pos.
MartinJaylen Martin F          


2024-25 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 (1) Pos. Base Salary Likely
Incent.
Unlikely
Incent.
Trade Bonus Cap Figure Cap % Notes
GoodwinJordan Goodwin PG $325,590 - - - $325,590 0.19 Waived


2024-25 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 (10) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
ClaxtonNicolas Claxton C - $16,625,000 Bird
MilutinovNikola Milutinov C - $4,158,440 1st Round Pick
WatfordTrendon Watford PF $2,726,604 $2,726,604 Restricted Non-Bird
Walker IVLonnie Walker IV SG - $2,221,685 Non-Bird
AldridgeLaMarcus Aldridge PF - $2,093,637 Early Bird
ChandlerWilson Chandler SF - $2,093,637 Non-Bird
JamesMike James PG - $2,093,637 Non-Bird
Smith Jr.Dennis Smith Jr. PG - $2,093,637 Non-Bird
JohnsonKeon Johnson SG $1,981,953 $1,981,953 Two-Way
GilyardJacob Gilyard PG $1,867,722 $1,867,722 Two-Way
Incomplete Roster Charge 1 spots 1 spots       $1,160,544  


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.

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
Trade
7/06/2024
Joe Harris trade with DET
(Thaddeus Young, $8,000,000)
$19,928,571 $11,928,571
Trade
7/08/2024
Patty Mills trade with HOU
$6,802,950 $6,802,950
Trade
2/10/2025
Spencer Dinwiddie trade with TOR
$20,357,143 $20,357,143
Trade
2/10/2025
Royce O'Neale trade with PHX
$9,500,000 $9,500,000


2024-25 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
2024 NBA Luxury Tax Threshold $171,315,000
Total Taxable Salaries $134,473,343
Current Luxury Tax Space $36,841,657


2024-25 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 $134,147,753
Dead Money $325,590
Cap Holds $39,116,496
Total Cap Allocations $173,589,839
Salary Cap Maximum
2024 NBA Salary Cap Max $141,000,000
Current Cap Space $-32,589,839
Second Apron
2024 NBA Second Apron $189,486,000
Second Apron Space $51,637,657
Salary Cap Floor
2024 NBA Salary Cap Floor $127,000,000
Current Floor Space $-7,473,343
 

2024-25 Practical Cap Space

Available Practical Cap Space: $-30,996,336 — $7,842,116

$-30,996,336
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.

$7,842,116
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
6/29/2024 Trendon Watford 2024-25 Qualifying Offer $2,726,604
6/29/2024 Keon Johnson 2024-25 Qualifying Offer — Two-Way $1,981,953
6/29/2024 Keita Bates-Diop 2024-25 Player Option $2,654,644
6/29/2024 Jacob Gilyard 2024-25 Qualifying Offer — Two-Way $1,867,722
10/22/2024 Jalen Wilson 2024-25 Guaranteed — Opening Night - TBD $325,000
10/31/2024 Noah Clowney 2025-26 Club Option $3,398,640
10/31/2024 Dariq Whitehead 2025-26 Club Option $3,262,560
1/10/2025 Jalen Wilson 2024-25 Guaranteed $1,891,857
6/29/2025 Jaylen Martin 2025-26 Qualifying Offer — Two-Way $2,054,495
6/29/2025 Day'Ron Sharpe 2025-26 Qualifying Offer $5,983,683
6/29/2025 Jalen Wilson 2025-26 Club Option $88,075
6/29/2025 Cameron Thomas 2025-26 Qualifying Offer $5,993,172
6/30/2025 Dorian Finney-Smith 2025-26 Player Option $15,378,480
10/21/2025 Jalen Wilson 2025-26 Guaranteed — Opening Night - TBD $381,695
10/31/2025 Noah Clowney 2026-27 Club Option $5,414,034
10/31/2025 Dariq Whitehead 2026-27 Club Option $5,366,912
1/10/2026 Jalen Wilson 2026-27 Guaranteed $2,221,677
6/29/2026 Jalen Wilson 2026-27 Qualifying Offer $2,999,264
6/29/2027 Noah Clowney 2027-28 Qualifying Offer $8,343,027
6/29/2027 Dariq Whitehead 2027-28 Qualifying Offer $8,307,980




Unsigned Draft Picks

Draft Year Player Age Position Country College
2014 Nemanja Dangubic 31 SG SRB
2015 Nikola Milutinov 29 C SRB
2015 Juan Vaulet 28 SF ARG
2015 Aaron White 31 PF USA Iowa
2016 David Michineau 29 PG GLP
2019 Vanja Marinkovic 27 SG SRB
2004 Christian Drejer 41 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    HOU
BKN right to swap with HOU
BKN
2026
HOU
2027
BKN    HOU
HOU right to swap with BKN
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
Two most favorable of BKN, PHI 9-30 if not already settled and if PHI conveys 1st to OKC by 2026 and PHX (via BKN swap for 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
Least Favorable of WAS and BKN, PHI 9-30 if not already settled and if PHI conveys 1st to OKC by 2026 and PHX (via BKN and WAS swap for 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
MEM
More favorable of BKN 31-54 and GSW 31-55 (via ATL) then other HOU
2025
NYK
via ATL
IND
31-37
BKN
38-59 (via IND)
2026
BKN
BKN
Least favorable of DET, MIL and ORL to PHX then others to ORL (via ORL to PHX)
2027
WAS
More favorable of BKN and DAL to WAS then other to DET
2028
BKN
BKN
via PHX
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
via PHX