Memphis Grizzlies

Memphis Grizzlies 2022-23 Salary Cap

Grizzlies 2022-23 Salary Cap

An updated look at the Memphis Grizzlies 2022 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

2023 NBA Free Agent Position Series: Point Guards
Breaking down and ranking the 2023 NBA free agent point guards. READ ON
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
Jackson Jr. Jaren Jackson Jr. PF $28,946,605 $28,946,605 - - - $28,946,605 22.72 23.41 $104,720,000
($104,720,000)
Rk Extension / Bird
Adams Steven Adams C $17,926,829 $17,926,829 - - - $17,926,829 14.07 14.50 $43,126,829
($43,126,829)
Acquired via Trade
Jones Tyus Jones PG $15,000,000 $15,000,000 - $520,833 - $15,000,000 11.77 12.13 $29,000,000
($29,000,000)
Free Agent / Bird
Kennard Luke Kennard SG $14,415,545 $13,745,455 $670,090 $1,391,727 - $14,415,545 11.31 11.66 $34,188,087
($28,509,091)
Acquired via Trade
Morant Ja Morant PG $12,119,440 $12,119,440 - - - $12,119,440 9.51 9.80 $206,419,440
($206,419,440)
Drafted / Rookie Scale
Brooks Dillon Brooks SG $11,400,000 $11,400,000 - - - $11,400,000 8.95 9.22 $11,400,000
($11,400,000)
Rk Extension / Bird
Williams Ziaire Williams SF $4,591,680 $4,591,680 - - - $4,591,680 3.60 3.71 $15,534,885
($9,401,880)
Drafted / Rookie Scale
Clarke Brandon Clarke PF $4,343,920 $4,343,920 - - - $4,343,920 3.41 3.51 $54,343,920
($54,343,920)
Drafted / Rookie Scale
SEI-Achilles
LaRavia Jake LaRavia PF $3,047,640 $3,047,640 - - - $3,047,640 2.39 2.46 $14,763,367
($6,247,560)
Drafted / Rookie Scale
Roddy David Roddy PF $2,588,640 $2,588,640 - - - $2,588,640 2.03 2.09 $12,985,886
($5,306,880)
Drafted / Rookie Scale
Konchar John Konchar SG $2,300,000 $2,300,000 - - - $2,300,000 1.80 1.86 $23,195,000
($23,195,000)
Free Agent / NT-MLE
Bane Desmond Bane SG $2,130,240 $2,130,240 - - - $2,130,240 1.67 1.72 $5,975,323
($2,130,240)
Drafted / Rookie Scale
Aldama Santi Aldama C $2,094,120 $2,094,120 - - - $2,094,120 1.64 1.69 $8,248,851
($4,288,320)
Drafted / Rookie Scale
Tillman Xavier Tillman C $1,782,621 $1,782,621 - - - $1,782,621 1.40 1.44 $3,713,302
($1,782,621)
Drafted / NT-MLE
Chandler Kennedy Chandler PG $1,200,000 $1,200,000 - - - $1,200,000 0.94 0.97 $7,127,014
($4,939,563)
Drafted / NT-MLE


2022-23 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 (2) Pos.
Lofton Jr.Kenneth Lofton Jr. PF          
Williams Jr.Vincent Williams Jr. SF          


2022-23 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 (1) Pos. Base Salary Likely
Incent.
Unlikely
Incent.
Trade Bonus Cap Figure Cap % Notes
TillieKillian Tillie PF $1,901,625 - - - $1,901,625 1.49 Waived


2022-23 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Grizzlies 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
PonsYves Pons G - $1,637,966 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 ($156,983,000) 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 ($156,983,000), 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
Kennedy Chandler
($1,200,000)
$10,490,000 $9,290,000
Bi-Annual
$4,105,000 $4,105,000


2022-23 Luxury Tax Totals

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

Type Totals
2022 NBA Luxury Tax Threshold $150,267,000
Total Taxable Salaries $125,336,646
Current Luxury Tax Space $24,930,354


2022-23 Memphis Grizzlies Salary Cap Totals

This team is currently "hard-capped", which means their Total Taxable Salaries may not exceed $156,983,000 at any point during the season.

Cap Type Cap Total
Active Roster Cap $123,887,280
Dead Money $1,901,625
Cap Holds $1,637,966
Total Cap Allocations $127,426,871
Salary Cap Maximum
2022 NBA Salary Cap Max $123,655,000
Current Cap Space $-3,771,871
Salary Hard-Cap
2022 NBA Hard-Cap ("Luxury Tax Apron") $156,983,000
Total Hard-Cap Salaries $127,249,206
Hard-Cap Space $29,733,794
 

2022-23 Practical Cap Space

Available Practical Cap Space: $-3,771,871 — $-232,280

$-3,771,871
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.

$-232,280
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 Xavier Tillman 2023-24 Club Option $1,930,681
6/29/2023 Luke Kennard 2023-24 Club Option $14,763,636
6/29/2023 Kenneth Lofton Jr. 2023-24 Qualifying Offer — Two-Way $1,769,013
6/30/2023 Brandon Clarke 2023-24 Qualifying Offer $6,259,588
7/03/2023 John Konchar 2023-24 Guaranteed — guaranteed 7/7/22 as part of extension $2,400,000
10/31/2023 Ziaire Williams 2024-25 Club Option $6,133,005
10/31/2023 Santi Aldama 2024-25 Club Option $3,960,531
10/31/2023 Jake LaRavia 2024-25 Club Option $3,352,680
10/31/2023 David Roddy 2024-25 Club Option $2,847,240
6/29/2024 Vincent Williams Jr. 2023-24 Qualifying Offer — Two-Way $1,910,534
6/30/2024 Desmond Bane 2024-25 Qualifying Offer $5,767,625
10/31/2024 Jake LaRavia 2025-26 Club Option $5,163,127
10/31/2024 David Roddy 2025-26 Club Option $4,831,766
6/29/2025 Kennedy Chandler 2025-26 Club Option $2,187,451
6/30/2025 Ziaire Williams 2025-26 Qualifying Offer $8,353,153
6/30/2025 Santi Aldama 2025-26 Qualifying Offer $5,940,797
6/29/2026 Jake LaRavia 2026-27 Qualifying Offer $7,362,619
6/29/2026 David Roddy 2026-27 Qualifying Offer $7,030,220