Denver Nuggets

Denver Nuggets 2024-25 Salary Cap

Nuggets 2024-25 Salary Cap

An updated look at the Denver Nuggets 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 (13)	Pos.	Cap Figure	Base Salary	Likely Incent.	Unlikely Incent.	Trade Bonus	Cap Figure	Cap % Team	Cap % League	Cash Remaining (Guaranteed)	Notes
Jokic Nikola Jokic	C	$51,415,938	$51,415,938	-	-	-	$51,415,938	24.30	36.47	$228,515,280 ($228,515,280)	Vet Extension / Bird
Murray Jamal Murray	PG	$36,016,200	$36,016,200	-	-	-	$36,016,200	17.02	25.54	$36,016,200 ($36,016,200)	Rk Extension / Bird
Porter Jr. Michael Porter Jr.	SF	$35,859,950	$35,859,950	-	-	-	$35,859,950	16.94	25.43	$114,999,150 ($114,999,150)	Rk Extension / Bird
Gordon Aaron Gordon	PF	$23,841,455	$22,841,455	$1,000,000	$200,000	-	$23,841,455	11.27	16.91	$45,682,910 ($45,682,910)	Vet Extension / Bird
Caldwell-Pope Kentavious Caldwell-Pope	SG	$15,440,185	$15,440,185	-	-	-	$15,440,185	7.30	10.95	$15,440,185 ($15,440,185)	Vet Extension / Bird
Nnaji Zeke Nnaji	PF	$8,888,889	$8,888,889	-	-	-	$8,888,889	4.20	6.30	$32,000,001 ($32,000,001)	Rk Extension / Bird
Jackson Reggie Jackson	PG	$5,250,000	$5,250,000	-	-	-	$5,250,000	2.48	3.72	$5,250,000 ($5,250,000)	Free Agent / T-MLE
Braun Christian Braun	SG	$3,089,640	$3,089,640	-	-	-	$3,089,640	1.46	2.19	$8,011,437 ($3,089,640)	Drafted / Rookie Scale
Strawther Julian Strawther	SF	$2,552,520	$2,552,520	-	-	-	$2,552,520	1.21	1.81	$10,053,651 ($2,552,520)	Drafted / Rookie Scale
Watson Peyton Watson	SG	$2,413,560	$2,413,560	-	-	-	$2,413,560	1.14	1.71	$6,770,036 ($2,413,560)	Drafted / Rookie Scale
Cancar Vlatko Cancar	PF	$2,346,606	$2,346,606	-	-	-	$2,346,606	1.11	1.66	$2,346,606 ($0)	Free Agent / Bird G'teed: $0
Pickett Jalen Pickett	PG	$1,891,857	$1,891,857	-	-	-	$1,891,857	0.89	1.34	$6,519,739 ($1,891,857)	Drafted / 2nd Round
Tyson Hunter Tyson	SF	$1,891,857	$1,891,857	-	-	-	$1,891,857	0.89	1.34	$6,519,739 ($4,113,534)	Drafted / 2nd Round

2024-25 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Nuggets 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 (9)	Pos.	Qualifying Offer	Cap Figure	Rights
GillespieCollin Gillespie	PG	$2,093,637	$2,093,637	Two-Way
CousinsDeMarcus Cousins	C	-	$2,093,637	Non-Bird
DanielsTroy Daniels	SG	-	$2,093,637	Non-Bird
HolidayJustin Holiday	SG	-	$2,093,637	Non-Bird
JeffersonRichard Jefferson	SF	-	$2,093,637	Non-Bird
JordanDeAndre Jordan	C	-	$2,093,637	Early Bird
HowardMarkus Howard	PG	-	$1,981,953	Two-Way
HuffJay Huff	C	$1,867,722	$1,867,722	Two-Way
KeyBraxton Key	SF	$1,867,722	$1,867,722	Two-Way
Round 1, Pick #28			$2,448,600
Round 2, Pick #56			-

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

2024-25 Luxury Tax Totals

Denotes the Nuggets 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		$190,898,657
Current Luxury Tax Space		$-19,583,657
Est. Luxury Tax Bill		$43,646,889

2024-25 Denver Nuggets Salary Cap Totals

The Nuggets 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	$190,898,657
Cap Holds	$20,727,819
Total Cap Allocations	$211,626,476
Salary Cap Maximum
2024 NBA Salary Cap Max	$141,000,000
Current Cap Space	$-70,626,476
Second Apron
2024 NBA Second Apron	$189,486,000
Second Apron Space	$-1,612,657

2024-25 Practical Cap Space

Available Practical Cap Space:	$-70,626,476 — $-31,631,554

Available Practical Cap Space:

$-70,626,476 — $-31,631,554

$-70,626,476

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.

$-31,631,554

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
6/23/2024	Vlatko Cancar	2024-25 Club Option	$2,346,606
6/25/2024	Reggie Jackson	2024-25 Player Option	$5,250,000
6/29/2024	Kentavious Caldwell-Pope	2024-25 Player Option	$15,440,185
6/29/2024	Braxton Key	2024-25 Qualifying Offer — Two-Way	$1,867,722
6/29/2024	Collin Gillespie	2024-25 Qualifying Offer — Two-Way	$2,093,637
10/31/2024	Julian Strawther	2025-26 Club Option	$2,674,200
10/31/2024	Christian Braun	2025-26 Club Option	$4,921,797
10/31/2024	Peyton Watson	2025-26 Club Option	$4,356,476
6/29/2025	Aaron Gordon	2025-26 Player Option	$22,841,455
10/31/2025	Julian Strawther	2026-27 Club Option	$4,826,931
6/29/2026	Hunter Tyson	2026-27 Club Option	$2,406,205
6/29/2026	Jalen Pickett	2026-27 Club Option	$2,406,205
6/29/2026	Peyton Watson	2026-27 Qualifying Offer	$6,534,714
6/29/2027	Julian Strawther	2027-28 Qualifying Offer	$7,723,090
6/29/2027	Nikola Jokic	2027-28 Player Option	$62,832,000
6/29/2027	Zeke Nnaji	2027-28 Player Option	$7,466,667

Unsigned Draft Picks

Draft Year	Player	Age	Position	Country
2012	Izzet Turkyilmaz	33	C	TUR
2003	Sani Bečirovič	42	SG	SVN
2003	Xue Yuyang	41	PF	CHN

	1	6
2025
	DEN Top-5 Protected	ORL 6-30

2026
	DEN Top-5 Protected (if not already settled with ORL)	ORL 6-30 (if not already settled)

2027
	DEN Top-5 Protected (if not already settled with ORL or 1-5 if 1st conveyed to ORL by 2025)	ORL OKC 6-30 (if not already settled) or to OKC if 6-30 (if DEN conveyed 1st to ORL by 2025)

2028
	DEN Top-5 Protected (if 1st conveyed to ORL by 2026)	OKC 6-30 (if 1st conveyed to ORL by 2026)

2029
	DEN Top-5 Protected (if not already settled with OKC)	OKC 6-30 (if not already settled or 6-30 if DEN conveys 1st to OKC by 2027)

2030
	DEN Top-5 Protected (if not already settled with OKC or 1-5 if DEN conveys 1st to OKC by 2028)	OKC 6-30 (if not already settled or 6-30 if DEN conveys 1st to OKC by 2028)

	31	34
2025
	DEN

2026
	DEN

2027
	CLE

2028
	DEN 31-33	SAS 34-60

2029
	DEN OKC DEN pick if DEN conveys 1st to OKC by 2029; OKC pick if DEN does not convey 1st to OKC by 2029

2030
	DEN OKC DEN pick if DEN conveys second 1st to OKC by 2030; OKC pick if DEN does not convey second 1st to OKC by 2030

Denver Nuggets Cap Totals

Active Roster Cap: $190,898,657
Cap Hold: $20,727,819
Total Cap: $211,626,476
Cap Max Space: $-70,626,476
Practical Cap Space: $-70,626,476

Transactions

Feb 8 2024 Ismael Kamagate Traded to LA (LAC) from Denver (DEN) for $2.68 million

Dec 12 2023 Nikola Jokic Fined $4,000 for ejection from DEN-CHI game

Dec 3 2023 Nikola Jokic Fined $2,000 for flopping during DEN-SAC game

Nov 13 2023 Mike Malone Signed a multi-year contract extension with Denver (DEN)

Oct 21 2023 Zeke Nnaji Signed a 4 year 32 million rookie contract extension with Denver (DEN) - includes 2027-28 Player Option

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