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.

Player Option
Club Option
Non-Guaranteed
Estimate
Player (14) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Cash Remaining
(Guaranteed)
Notes
Siakam Pascal Siakam PF $37,893,408 $37,893,408 - - - $37,893,408 26.07 27.86 $19,382,260
($37,893,408)
Acquired via Trade
Turner Myles Turner C $20,975,000 $20,975,000 - $1,500,000 - $20,975,000 14.43 15.42 $40,903,500
($40,903,500)
Vet Extension / Bird
McDermott Doug McDermott SF $13,750,000 $13,750,000 - $250,000 - $13,750,000 9.46 10.11 $5,215,517
($13,750,000)
Acquired via Trade
McConnell T.J. McConnell PG $8,700,000 $8,700,000 - $400,000 - $8,700,000 5.99 6.40 $18,000,000
($13,700,000)
Free Agent / Early Bird
Mathurin Bennedict Mathurin SG $6,916,080 $6,916,080 - - - $6,916,080 4.76 5.08 $23,349,373
($14,161,800)
Drafted / Rookie Scale
Toppin Obi Toppin PF $6,803,012 $6,803,012 - - - $6,803,012 4.68 5.00 $6,803,012
($6,803,012)
Acquired via Trade
Walker Jarace Walker PF $6,059,520 $6,059,520 - - - $6,059,520 4.17 4.45 $27,566,102
($12,422,040)
Drafted / Rookie Scale
Haliburton Tyrese Haliburton PG $5,808,435 $5,808,435 - - - $5,808,435 4.00 4.27 $210,258,435
($204,450,000)
Acquired via Trade
G'teed: $0
Nesmith Aaron Nesmith SF $5,634,257 $5,634,257 - - - $5,634,257 3.88 4.14 $38,634,257
($38,634,257)
Acquired via Trade
Smith Jalen Smith PF $5,043,773 $5,043,773 - - - $5,043,773 3.47 3.71 $10,461,159
($10,461,159)
Free Agent / Early Bird
Jackson Isaiah Jackson PF $2,696,280 $2,696,280 - - - $2,696,280 1.86 1.98 $7,131,661
($7,131,661)
Drafted / Rookie Scale
Sheppard Ben Sheppard SF $2,537,160 $2,537,160 - - - $2,537,160 1.75 1.87 $13,023,429
($5,201,040)
Drafted / Rookie Scale
Nembhard Andrew Nembhard PG $2,131,905 $2,131,905 - - - $2,131,905 1.47 1.57 $6,339,055
($4,151,604)
Drafted / Space
Johnson James Johnson PF $777,703 $1,230,816 - - - $777,703 0.54 0.57 $1,230,816
($0)
RoS / Minimum
G'teed: $0


2023-24 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 (3) Pos.
BrownKendall Brown SF          
TshiebweOscar Tshiebwe PF          
WongIsaiah Wong PG          


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 (9) Pos. Base Salary Likely
Incent.
Unlikely
Incent.
Trade Bonus Cap Figure Cap % Notes
TheisDaniel Theis C $6,928,876 - - - $6,928,876 4.77 Waived/Buyout
KorkmazFurkan Korkmaz SG $5,370,370 - - - $5,370,370 3.70 Waived
JosephCory Joseph PG $3,196,448 - - - $2,019,706 1.39 Waived
JohnsonJames Johnson PF $2,241,188 - - - $1,416,116 0.97 Waived
StauskasNik Stauskas SG $702,311 - - - $702,311 0.48 Waived
MorganJuwan Morgan SF $576,230 - - - $576,230 0.40 Waived
FittsMalik Fitts PF $555,217 - - - $555,217 0.38 Waived
JohnsonJames Johnson PF $183,704 - - - $116,075 0.08 10-day
JohnsonJames Johnson PF $183,704 - - - $116,075 0.08 10-day


2023-24 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Pacers 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 (1) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
YorkGabe York PG - $1,801,769 Two-Way


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
$7,723,000 $7,723,000


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 $165,294,000
Total Taxable Salaries $143,527,509
Current Luxury Tax Space $21,766,491


2023-24 Indiana Pacers Salary Cap Totals

This team is currently "hard-capped", which means their Total Taxable Salaries may not exceed $172,346,000 at any point during the season.

Cap Type Cap Total
Active Roster Cap $125,726,533
Dead Money $17,800,976
Cap Holds $1,801,769
Total Cap Allocations $145,329,278
Salary Cap Maximum
2023 NBA Salary Cap Max $136,021,000
Current Cap Space $-9,308,278
Salary Hard-Cap
2023 NBA First Apron ("Hard-Cap") $172,346,000
Total First Apron Salaries $145,677,509
First Apron Space $26,668,491
Second Apron
2023 NBA Second Apron $182,794,000
Second Apron Space $37,116,491
 

2023-24 Practical Cap Space

Available Practical Cap Space: $-7,274,359 — $10,294,467

$-7,274,359
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.

$10,294,467
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
6/21/2024 T.J. McConnell 2024-25 Guaranteed — one day after 2024 NBA Draft $9,300,000
6/29/2024 Aaron Nesmith 2024-25 Qualifying Offer $7,837,252
6/29/2024 Kendall Brown 2024-25 Qualifying Offer — Two-Way $1,867,722
6/29/2024 Oscar Tshiebwe 2024-25 Qualifying Offer $1,867,722
6/29/2024 Isaiah Wong 2024-25 Qualifying Offer — Two-Way $1,867,722
6/29/2024 Bruce Brown Jr. 2024-25 Club Option $23,000,000
6/29/2024 Jalen Smith 2024-25 Player Option $5,417,386
6/29/2024 Tyrese Haliburton 2024-25 Qualifying Offer — voided via extension $7,992,407
6/29/2024 Obi Toppin 2024-25 Qualifying Offer $9,170,460
10/31/2024 Jarace Walker 2025-26 Club Option $6,665,520
10/31/2024 Ben Sheppard 2025-26 Club Option $2,790,720
10/31/2024 Bennedict Mathurin 2025-26 Club Option $9,187,573
6/29/2025 Andrew Nembhard 2025-26 Club Option $2,187,451
6/29/2025 Isaiah Jackson 2025-26 Qualifying Offer $6,422,432
10/31/2025 Jarace Walker 2026-27 Club Option $8,478,542
10/31/2025 Ben Sheppard 2026-27 Club Option $5,031,669
6/29/2026 Bennedict Mathurin 2026-27 Qualifying Offer $12,256,222
6/29/2027 Jarace Walker 2027-28 Qualifying Offer $12,276,929
6/29/2027 Ben Sheppard 2027-28 Qualifying Offer $7,929,911




Unsigned Draft Picks

Draft Year Player Age Position Country College
2008 Maaty Leunen 38 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
Top-3 protected
TOR
4-30
IND
Least favorable of HOU 5-30, LAC, OKC and UTA 11-30 to IND then others to OKC
2025
IND
2026
TOR
Top-4 protected
IND
Top-4 protected
TOR
5-30
2027
IND
If 1-4 if not already settled
TOR
5-30 if not already settled
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 UTA to NYK then other to IND or LAC ((via UTA swap for CLE) via CLE)
PHI
Middle pick of CLE, IND and UTA then others to IND and NYK (via MEM to LAC)
IND
IND
Less favorable of CHI and NOP to IND then other to BOS (via CHI to NOP; via NOP to IND; via SAS to BOS)
2025
IND
via MIL
IND
31-37
BKN
38-59 (via IND)
2026
MIN
Least favorable of IND, MIA and SAS to MIN
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
(via SAC) or to TOR if IND does not convey 1st to TOR by 2027
IND
More favorable of IND and PHX then other to NYK
2029
NYK
Less favorable of IND and WAS to IND then other to NYK
IND
More favorable of IND and WAS to IND then other to NYK