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.

Rockets – The Athletic

2022 NBA Offseason Financial Previews
Keith Smith breaks down the upcoming offseason for each 2022-23 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 (9) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap Figure Cap % Cash Remaining
(Guaranteed)
Notes
Gordon Eric Gordon SG $20,917,902 $20,917,902 - - - $20,917,902 15.12 $20,917,902
($0)
Vet Extension / Bird
G'teed: $0
Green Jalen Green SG $9,891,480 $9,891,480 - - - $9,891,480 7.15 $22,374,528
($9,891,480)
Drafted / Rookie Scale
Nwaba David Nwaba SG $5,394,000 $5,394,000 - - - $5,394,000 3.90 $5,394,000
($5,394,000)
Free Agent / Early Bird
Sengun Alperen Sengun C $3,536,280 $3,536,280 - - - $3,536,280 2.56 $8,960,934
($3,536,280)
Drafted / Rookie Scale
Garuba Usman Garuba PF $2,588,400 $2,588,400 - - - $2,588,400 1.87 $6,980,915
($2,588,400)
Drafted / Rookie Scale
Christopher Josh Christopher SG $2,485,200 $2,485,200 - - - $2,485,200 1.80 $6,831,815
($2,485,200)
Drafted / Rookie Scale
Mathews Garrison Mathews SG $2,000,000 $2,000,000 - - - $2,000,000 1.45 $4,230,253
($0)
RoS / NT-MLE
G'teed: $0
Martin Jr. Kenyon Martin Jr. SF $1,930,681 $1,930,681 - - - $1,930,681 1.40 $1,930,681
($0)
Drafted / NT-MLE
G'teed: $0
Nix Daishen Nix PG $1,836,096 $1,836,096 - - - $1,836,096 1.33 $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 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 (5) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
WallJohn Wall PG - $49,735,098 Bird
WoodChristian Wood PF - $21,476,190 Bird
Porter Jr.Kevin Porter Jr. SG $4,826,447 $9,652,893 Restricted Bird
TateJae’Sean Tate SF $2,228,276 $2,228,276 Restricted Bird
FrazierMichael Frazier SG $1,696,846 $1,696,846 Restricted Non-Bird
Incomplete Roster Charge 3 spots 3 spots       $2,944,818  


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 Amount (Remaining) Reason/Notes Expire Date
Trade Exception $607,730
($607,730)
Daniel Theis trade with BOS 02/10/2023


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 $156,450,000
Total Taxable Salaries $50,580,039
Current Luxury Tax Space $105,869,961


2023-24 Houston Rockets Salary Cap Totals

The Rockets 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 $50,580,039
Cap Holds $87,734,121
Total Cap Allocations $138,314,160
Salary Cap Maximum
2023 NBA Salary Cap Max $128,100,000
Current Cap Space $-10,214,160
Salary Cap Floor
2023 NBA Salary Cap Floor $115,290,000
Current Floor Space $64,709,961
 

2023-24 Practical Cap Space

Available Practical Cap Space: $116,320,728 — $116,320,728

$116,320,728
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.

$116,320,728
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
2023-24
07/15/2023 Armoni Brooks Guaranteed $1,902,137
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 Usman Garuba 2024-25 Club Option $4,392,515
01/10/2024 Garrison Mathews Guaranteed $2,000,000
06/29/2024 Daishen Nix 2024-25 Club Option $1,988,598
06/29/2024 Daniel Theis 2024-25 Club Option $9,522,404
06/29/2024 Armoni Brooks 2024-25 Club Option
06/29/2024 Garrison Mathews 2024-25 Club Option
06/30/2024 Jalen Green 2025-26 Qualifying Offer $16,290,378
2024-25
07/15/2024 Armoni Brooks Guaranteed $2,057,646
10/31/2024 Alperen Sengun 2025-26 Club Option $7,621,639
06/30/2025 Josh Christopher 2025-26 Qualifying Offer $6,354,752
06/30/2025 Usman Garuba 2025-26 Qualifying Offer $6,391,110
2025-26
01/10/2026 Garrison Mathews Guaranteed $2,230,253