Indiana Pacers

Indiana Pacers 2023-24 Salary Cap

Pacers 2023-24 Salary Cap

An updated look at the Indiana Pacers 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 (12) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Cash Remaining
(Guaranteed)
Notes
Turner Myles Turner C $20,975,000 $20,975,000 - $1,500,000 - $20,975,000 17.31 15.65 $40,903,500
($40,903,500)
Vet Extension / Bird
Hield Buddy Hield SG $19,279,843 $18,568,183 $711,660 $2,826,285 - $19,279,843 15.91 14.39 $18,568,183
($18,568,183)
Acquired via Trade
Theis Daniel Theis C $9,108,386 $9,108,386 - - - $9,108,386 7.52 6.80 $18,630,790
($9,108,386)
Acquired via Trade
McConnell T.J. McConnell PG $8,700,000 $8,700,000 - $400,000 - $8,700,000 7.18 6.49 $18,000,000
($13,700,000)
Free Agent / Early Bird
Mathurin Bennedict Mathurin SG $6,916,080 $6,916,080 - - - $6,916,080 5.71 5.16 $23,349,373
($6,916,080)
Drafted / Rookie Scale
Haliburton Tyrese Haliburton PG $5,808,435 $5,808,435 - - - $5,808,435 4.79 4.33 $5,808,435
($0)
Acquired via Trade
G'teed: $0
Nesmith Aaron Nesmith SF $5,634,257 $5,634,257 - - - $5,634,257 4.65 4.20 $5,634,257
($5,634,257)
Acquired via Trade
Smith Jalen Smith PF $5,043,773 $5,043,773 - - - $5,043,773 4.16 3.76 $10,461,159
($10,461,159)
Free Agent / Early Bird
Duarte Chris Duarte SF $4,124,400 $4,124,400 - - - $4,124,400 3.40 3.08 $10,018,168
($4,124,400)
Drafted / Rookie Scale
Nwora Jordan Nwora SF $3,000,000 $3,000,000 - $200,000 - $3,000,000 2.48 2.24 $3,000,000
($3,000,000)
Acquired via Trade
Jackson Isaiah Jackson PF $2,696,280 $2,696,280 - - - $2,696,280 2.22 2.01 $7,131,661
($2,696,280)
Drafted / Rookie Scale
Nembhard Andrew Nembhard PG $2,131,905 $2,131,905 - - - $2,131,905 1.76 1.59 $6,339,055
($4,151,604)
Drafted / Space


2023-24 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 (3) Pos. Base Salary Likely
Incent.
Unlikely
Incent.
Trade Bonus Cap Figure Cap % Notes
StauskasNik Stauskas SG $702,311 - - - $702,311 0.58 Waived
MorganJuwan Morgan SF $576,230 - - - $576,230 0.48 Waived
FittsMalik Fitts PF $555,217 - - - $555,217 0.46 Waived


2023-24 Cap Holds

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

Player (6) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
HillGeorge Hill PG - $5,200,000 Early Bird
JohnsonJames Johnson PF $1,989,698 $1,989,698 Early Bird
StephensonLance Stephenson SG - $1,989,698 Non-Bird
BrissettOshae Brissett SF - $1,805,205 Bird
BrownKendall Brown SF $1,774,999 $1,774,999 Two-Way
YorkGabe York PG $1,774,999 $1,774,999 Two-Way
Round 1, Pick #7       $6,516,000  
Round 1, Pick #26       $2,499,480  
Round 1, Pick #29       $2,394,960  
Round 2, Pick #32       -  
Round 2, Pick #55       -  


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.

Type Reason (Used On) Original Available
Room
$7,609,000 $7,609,000


2023-24 Luxury Tax Totals

Denotes the Pacers 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 $95,252,117
Current Luxury Tax Space $66,747,883


2023-24 Indiana Pacers Salary Cap Totals

The Pacers 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 $93,418,359
Dead Money $1,833,758
Cap Holds $25,945,039
Total Cap Allocations $121,197,156
Salary Cap Maximum
2023 NBA Salary Cap Max $134,000,000
Current Cap Space $12,802,844
"Super Tax" Apron
2023 NBA Super-Tax Apron $179,500,000
Super-Tax Apron Space $79,321,598
Salary Cap Floor
2023 NBA Salary Cap Floor $120,600,000
Current Floor Space $25,347,883
 

2023-24 Practical Cap Space

Available Practical Cap Space: $27,337,443 — $29,171,201

$27,337,443
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.

$29,171,201
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 Gabe York 2023-24 Qualifying Offer — Two-Way $1,774,999
6/29/2023 Kendall Brown 2023-24 Qualifying Offer — Two-Way $1,774,999
6/30/2023 Goga Bitadze 2024-25 Club Option $2,066,585
10/31/2023 Chris Duarte 2024-25 Club Option $5,893,768
10/31/2023 Isaiah Jackson 2024-25 Club Option $4,435,381
10/31/2023 Bennedict Mathurin 2024-25 Club Option $7,245,720
6/21/2024 T.J. McConnell 2024-25 Guaranteed — one day after 2024 NBA Draft $9,300,000
6/29/2024 Daniel Theis 2024-25 Club Option $9,522,404
6/29/2024 Jalen Smith 2024-25 Player Option $5,417,386
6/30/2024 Chris Duarte 2025-26 Qualifying Offer $8,151,081
6/30/2024 Aaron Nesmith 2024-25 Qualifying Offer $7,837,252
6/30/2024 Tyrese Haliburton 2024-25 Qualifying Offer $7,992,407
10/31/2024 Bennedict Mathurin 2025-26 Club Option $9,187,573
6/29/2025 Andrew Nembhard 2025-26 Club Option $2,187,451
6/30/2025 Isaiah Jackson 2025-26 Qualifying Offer $6,422,432
6/29/2026 Bennedict Mathurin 2026-27 Qualifying Offer $12,256,222




Unsigned Draft Picks

Draft Year Player Age Position Country College
2008 Maaty Leunen 37 PF USA Oregon
1998 Andrew Betts 46 C ENG Long Beach State


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
IND
2025
IND
2026
IND
2027
IND
2028
IND
2029
IND
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
IND
More favorable of CLE and UTH to NYK then other to IND or LAC ((UTH right to swap for CLE) via CLE)
CLE    LAC
CLE pick: Least favorable of CLE, IND and UTA then others to LAC and NYK (via MIL to MEM); LAC pick: Middle pick of CLE, IND and UTA then others to IND and NYK (via MEM)
IND
2025
IND
IND
31-37
BKN
38-60 (via IND)
2026
MEM
Most favorable of BOS, IND, LAC and MIA
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)
IND
via CLE
2028
IND
2029
IND