Los Angeles Lakers

Los Angeles Lakers 2023-24 Salary Cap

Lakers 2023-24 Salary Cap

An updated look at the Los Angeles Lakers 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 (15) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Cash Remaining
(Guaranteed)
Notes
James LeBron James PF $47,607,350 $47,607,350 - - - $47,607,350 26.15 35.00 $99,023,288
($99,023,288)
Vet Extension / Bird
Davis Anthony Davis C $40,600,080 $40,600,080 - - - $40,600,080 22.30 29.85 $259,702,920
($259,702,920)
Free Agent (Max) / Bird
Russell D'Angelo Russell PG $17,307,693 $17,307,693 - $700,000 - $17,307,693 9.51 12.72 $36,000,000
($36,000,000)
Free Agent / Bird
Hachimura Rui Hachimura PF $15,740,741 $15,740,741 - - - $15,740,741 8.65 11.57 $51,000,000
($51,000,000)
Free Agent / Bird
Reaves Austin Reaves SG $12,015,150 $12,015,150 - - - $12,015,150 6.60 8.83 $53,827,872
($53,827,872)
Free Agent / Early Bird
Vincent Gabe Vincent PG $10,500,000 $10,500,000 - - - $10,500,000 5.77 7.72 $33,000,000
($33,000,000)
Free Agent / NT-MLE
Vanderbilt Jarred Vanderbilt PF $4,698,000 $4,640,000 $58,000 $145,000 - $4,698,000 2.58 3.45 $52,640,000
($52,640,000)
Acquired via Trade
Prince Taurean Prince PF $4,516,000 $4,516,000 - - - $4,516,000 2.48 3.32 $4,516,000
($4,516,000)
Free Agent / Bi-Annual
Hood-Schifino Jalen Hood-Schifino PG $3,695,040 $3,695,040 - - - $3,695,040 2.03 2.72 $17,882,808
($7,574,880)
Drafted / Rookie Scale
Wood Christian Wood C $2,709,849 $2,709,849 - - - $2,709,849 1.49 1.99 $5,745,889
($5,745,889)
Free Agent / Minimum
Hayes Jaxson Hayes C $2,165,000 $2,165,000 - - - $2,165,000 1.19 1.59 $4,628,946
($4,628,946)
Free Agent / Minimum
Reddish Cam Reddish SF $2,165,000 $2,165,000 - - - $2,165,000 1.19 1.59 $4,628,946
($4,628,946)
Free Agent / Minimum
Christie Max Christie SG $1,719,864 $1,719,864 - - - $1,719,864 0.94 1.26 $1,719,864
($1,719,864)
Drafted / Minimum
Dinwiddie Spencer Dinwiddie PG $1,554,664 $1,554,664 - $1 - $1,554,664 0.85 1.14 $1,554,664
($1,554,664)
RoS / NT-MLE
Lewis Maxwell Lewis SF $1,119,563 $1,119,563 - - - $1,119,563 0.62 0.82 $7,639,302
($3,111,420)
Drafted / 2nd Round


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 (4) Pos.
CastletonColin Castleton PF          
FudgeAlex Fudge F          
GilesHarry Giles C          
MaysSkylar Mays SG          


2023-24 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Lakers 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 (7) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
AnthonyCarmelo Anthony PF - $2,019,706 Non-Bird
BradleyAvery Bradley PG - $2,019,706 Non-Bird
DudleyJared Dudley SF - $2,019,706 Early Bird
EllingtonWayne Ellington SG - $2,019,706 Non-Bird
HowardDwight Howard C - $2,019,706 Non-Bird
WaitersDion Waiters SG - $2,019,706 Non-Bird
JonesMason Jones SG - $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.

Non-Taxpayer Mid-Level Exception Details is awarded annually to teams who are above the cap but below the Luxury Tax Apron ($172,346,000) and can be used for contracts up to 4 years in length.

Bi-Annual Exception Details is available to any teams who are below the Luxury Tax Apron ($172,346,000), and did not use this exception in the previous season. It 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
Non-Taxpayer Mid-Level
Gabe Vincent (est. $10,500,000)
$12,405,000 $1,905,000
Bi-Annual
Taurean Prince ($4,516,000)
$4,516,000 $0


2023-24 Luxury Tax Totals

Denotes the Lakers 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 $168,113,994
Current Luxury Tax Space $-2,819,994
Est. Luxury Tax Bill $7,049,985


2023-24 Los Angeles Lakers 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 $168,113,994
Cap Holds $13,920,005
Total Cap Allocations $182,033,999
Salary Cap Maximum
2023 NBA Salary Cap Max $136,021,000
Current Cap Space $-46,012,999
Salary Hard-Cap
2023 NBA First Apron ("Hard-Cap") $172,346,000
Total First Apron Salaries $168,958,995
First Apron Space $3,387,005
Second Apron
2023 NBA Second Apron $182,794,000
Second Apron Space $13,835,005
 

2023-24 Practical Cap Space

Available Practical Cap Space: $-46,012,999 — $-32,092,994

$-46,012,999
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.

$-32,092,994
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
6/29/2024 Max Christie 2024-25 Qualifying Offer $2,324,095
6/29/2024 Skylar Mays 2024-25 Qualifying Offer — Two-Way $1,981,953
6/29/2024 Jarred Vanderbilt 2027-28 Player Option $13,285,714
6/29/2024 Christian Wood 2024-25 Player Option $3,036,040
6/29/2024 D'Angelo Russell 2024-25 Player Option $18,692,307
6/29/2024 Colin Castleton 2023-24 Qualifying Offer — Two-Way $1,981,953
6/29/2024 Jaxson Hayes 2024-25 Player Option $2,463,946
6/29/2024 Cam Reddish 2024-25 Player Option $2,463,946
6/29/2024 LeBron James 2024-25 Player Option $51,408,000
10/31/2024 Jalen Hood-Schifino 2025-26 Club Option $4,064,640
6/29/2025 Maxwell Lewis 2025-26 Guaranteed $2,221,677
6/29/2025 Alex Fudge 2025-26 Qualifying Offer — Two-Way $2,054,495
10/31/2025 Jalen Hood-Schifino 2026-27 Club Option $6,243,288
6/29/2026 Maxwell Lewis 2026-27 Club Option
6/29/2026 Austin Reaves 2026-27 Player Option $14,898,786
1/10/2027 Maxwell Lewis 2026-27 Guaranteed $2,406,205
6/29/2027 Jalen Hood-Schifino 2027-28 Qualifying Offer $9,439,852
6/29/2027 Anthony Davis 2027-28 Player Option $62,970,600




Unsigned Draft Picks

Draft Year Player Age Position Country College
2009 Chinemelu Elonu 37 SF NGA Texas A&M
2014 Louis Labeyrie 32 PF FRA


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
NOP
NOP right to defer to 2025
2025
LAL    NOP
LAL pick if LAL conveys pick to NOP in 2024; NOP pick if NOP defers LAL pick to 2025
2026
LAL
2027
LAL
Top-4 Protected
UTA
5-30
2028
LAL
2029
LAL
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
LAL
SAS
via MEM
2025
LAL
LAL
2026
MIA
via CLE
2027
LAL    UTA
LAL pick if LAL conveys 1st to UTH in 2027; UTH pick if LAL does not convey 1st to UTH in 2027
2028
WAS
Less favorable of LAL and WAS then other to ORL (via LAL to WAS)
2029
WAS