Houston Rockets

Houston Rockets 2023-24 Salary Cap

Rockets 2023-24 Salary Cap

An updated look at the Houston Rockets 2023 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: Minnesota Timberwolves
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 (11) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Cash Remaining
(Guaranteed)
Notes
Porter Jr. Kevin Porter Jr. PG $15,860,000 $15,860,000 - $4,758,000 - $15,860,000 18.46 11.84 $63,440,000
($15,860,000)
Rk Extension / Bird
Green Jalen Green SG $9,891,480 $9,891,480 - - - $9,891,480 11.51 7.38 $22,374,528
($9,891,480)
Drafted / Rookie Scale
Smith Jr. Jabari Smith Jr. PF $9,326,520 $9,326,520 - - - $9,326,520 10.86 6.96 $31,447,792
($9,326,520)
Drafted / Rookie Scale
Tate Jae’Sean Tate SF $6,500,000 $6,500,000 - $500,000 - $6,500,000 7.57 4.85 $13,565,217
($6,500,000)
Free Agent / Early Bird
Sengun Alperen Sengun C $3,536,280 $3,536,280 - - - $3,536,280 4.12 2.64 $8,960,934
($3,536,280)
Drafted / Rookie Scale
Eason Tari Eason PF $3,527,160 $3,527,160 - - - $3,527,160 4.11 2.63 $12,898,086
($3,527,160)
Drafted / Rookie Scale
Garuba Usman Garuba PF $2,588,400 $2,588,400 - - - $2,588,400 3.01 1.93 $6,980,915
($2,588,400)
Drafted / Rookie Scale
Christopher Josh Christopher SG $2,485,200 $2,485,200 - - - $2,485,200 2.89 1.85 $6,831,815
($2,485,200)
Drafted / Rookie Scale
Washington Jr. TyTy Washington Jr. PG $2,320,440 $2,320,440 - - - $2,320,440 2.70 1.73 $9,139,619
($2,320,440)
Drafted / Rookie Scale
Martin Jr. Kenyon Martin Jr. SF $1,930,681 $1,930,681 - - - $1,930,681 2.25 1.44 $1,930,681
($0)
Drafted / NT-MLE
G'teed: $0
Nix Daishen Nix PG $1,836,096 $1,836,096 - - - $1,836,096 2.14 1.37 $3,824,694
($0)
RoS / NT-MLE
G'teed: $0


2023-24 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Rockets are currently under the cap, all of these figures are included in their Total Cap Figure.

Player (7) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
MarjanovicBoban Marjanovic C $1,989,698 $1,989,698 Bird
AugustinD.J. Augustin PG - $1,989,698 Non-Bird
Cauley-SteinWillie Cauley-Stein C - $1,989,698 Non-Bird
KaminskyFrank Kaminsky C - $1,989,698 Non-Bird
DaysDarius Days SF $1,774,999 $1,774,999 Two-Way
FrazierMichael Frazier SG $1,774,999 $1,774,999 Restricted Non-Bird
HudginsTrevor Hudgins PG $1,774,999 $1,774,999 Two-Way
Incomplete Roster Charge 1 spots 1 spots       $981,606  
Round 1, Pick #4       $8,678,400  
Round 1, Pick #20       $3,170,400  


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.

Room Mid-Level Exception Details is awarded annually to teams who are below the cap (eliminating the NTMLE/TMLE/BAE) and can be used for contracts up to 2 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
Room
$7,609,000 $7,609,000
Trade
6/23/2023
Christan Wood trade with DAL
$3,892,917 $3,892,917
Trade
10/02/2023
Marquese Chriss trade with OKC
$293,920 $293,920
Trade
2/09/2024
Eric Gordon trade with LAC
$3,089,360 $3,089,360


2023-24 Luxury Tax Totals

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

Type Totals
2023 NBA Luxury Tax Threshold $162,000,000
Total Taxable Salaries $59,802,257
Current Luxury Tax Space $102,197,743


2023-24 Houston Rockets Salary Cap Totals

The Rockets are currently under the league salary cap, meaning all Cap Holds & Exceptions are included in their Total Cap Allocations. The Cap Max Space figure below represents how much salary cap remains after all allocations are included.

Cap Type Cap Total
Active Roster Cap $59,802,257
Cap Holds $26,114,195
Total Cap Allocations $85,916,452
Salary Cap Maximum
2023 NBA Salary Cap Max $134,000,000
Current Cap Space $48,083,548
"Super Tax" Apron
2023 NBA Super-Tax Apron $179,500,000
Super-Tax Apron Space $114,439,743
Salary Cap Floor
2023 NBA Salary Cap Floor $120,600,000
Current Floor Space $60,797,743
 

2023-24 Practical Cap Space

Available Practical Cap Space: $65,134,114 — $63,170,902

$65,134,114
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.

$63,170,902
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
6/29/2023 Daishen Nix 2023-24 Guaranteed $1,836,096
6/29/2023 Kenyon Martin Jr. 2023-24 Club Option
6/29/2023 Kenyon Martin Jr. 2023-24 Guaranteed — 2 days before moratorium (guaranteed during 2022-23 season) $1,930,681
6/29/2023 Trevor Hudgins 2023-24 Qualifying Offer $1,774,999
6/29/2023 Darius Days 2023-24 Qualifying Offer — Two-Way $1,774,999
7/01/2023 Kevin Porter Jr. 2024-25 Guaranteed $1,000,000
10/17/2023 Kevin Porter Jr. 2024-25 Guaranteed — Opening Night - TBD $3,000,000
10/31/2023 Jalen Green 2024-25 Club Option $12,483,048
10/31/2023 Alperen Sengun 2024-25 Club Option $5,424,654
10/31/2023 Josh Christopher 2024-25 Club Option $4,346,615
10/31/2023 Tari Eason 2024-25 Club Option $3,695,160
10/31/2023 Jabari Smith Jr. 2024-25 Club Option $9,770,880
10/31/2023 TyTy Washington Jr. 2024-25 Club Option $2,431,080
10/31/2023 Usman Garuba 2024-25 Club Option $4,392,515
2/28/2024 Kevin Porter Jr. 2024-25 Guaranteed — 5 days after 2024 trade deadline - TBD $6,000,000
6/29/2024 Daishen Nix 2024-25 Club Option $1,988,598
6/29/2024 Jae’Sean Tate 2024-25 Club Option $7,065,217
6/30/2024 Jalen Green 2025-26 Qualifying Offer $16,290,378
6/30/2024 Kevin Porter Jr. 2024-25 Guaranteed $15,860,000
6/30/2024 Kevin Porter Jr. 2025-26 Guaranteed $15,860,000
10/31/2024 Alperen Sengun 2025-26 Club Option $7,621,639
10/31/2024 Tari Eason 2025-26 Club Option $5,675,766
10/31/2024 Jabari Smith Jr. 2025-26 Club Option $12,350,392
10/31/2024 TyTy Washington Jr. 2025-26 Club Option $4,388,099
6/29/2025 Kevin Porter Jr. 2026-27 Club Option — non-guaranteed
6/30/2025 Josh Christopher 2025-26 Qualifying Offer $6,354,752
6/30/2025 Usman Garuba 2025-26 Qualifying Offer $6,391,110
6/30/2025 Kevin Porter Jr. 2026-27 Guaranteed $15,860,000
6/29/2026 Tari Eason 2026-27 Qualifying Offer $8,014,182
6/29/2026 Jabari Smith Jr. 2026-27 Qualifying Offer $16,203,714
6/29/2026 TyTy Washington Jr. 2026-27 Qualifying Offer $6,582,149




Unsigned Draft Picks

Draft Year Player Age Position Country College
2018 Issuf Sanon 23 PG UKR
1999 Venson Hamilton 45 F USA Nebraska
2004 Sergei Lishouk 41 F UKR


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
HOU
Top-4 Protected
OKC
5-30
2025
HOU
If 1-10 or if 11-30 swap with OKC (via OKC swap for HOU 11-30) or swap with BKN
2026
HOU
HOU
Top-4 Protected
OKC
5-30
2027
BKN    HOU
HOU right to swap
HOU    BKN
HOU right to swap with BKN
2028
HOU
2029
HOU
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
HOU
31-55 (via ATL)
CLE
56-60 (via ATL to HOU)
HOU    OKC
HOU pick if HOU conveys 1st to OKC in 2024, OKC pick if HOU does not convey 1st to OKC in 2024
HOU
via ATL
2025
HOU    OKC
HOU pick if HOU conveys 1st to OKC in 2024; OKC pick if HOU does not convey 1st to OKC in 2024
HOU
HOU
via ATL
2026
HOU
Second most favorable of DAL, OKC and PHI then others to MIA and OKC
HOU    OKC
HOU pick if HOU conveys 1st to OKC in 2026; OKC pick if HOU does not convey 1st to OKC in 2026
2027
OKC
Three most favorable of HOU, IND, MIA and OKC to OKC then other to SAN (via HOU to DET; via UTA to SAS)
HOU
2028
HOU
2029
HOU