Memphis Grizzlies

Memphis Grizzlies 2023-24 Salary Cap

Grizzlies 2023-24 Salary Cap

An updated look at the Memphis Grizzlies 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 (13) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Cash Remaining
(Guaranteed)
Notes
Morant Ja Morant PG $33,500,000 $33,500,000 - - - $33,500,000 16.11 25.00 $194,300,000
($194,300,000)
Rk Extension / Bird
Jackson Jr. Jaren Jackson Jr. PF $27,102,202 $27,102,202 - - - $27,102,202 13.04 20.23 $75,773,395
($75,773,395)
Rk Extension / Bird
Jones Tyus Jones PG $14,000,000 $14,000,000 - $479,167 - $14,000,000 6.73 10.45 $14,000,000
($14,000,000)
Free Agent / Bird
Williams Ziaire Williams SG $4,810,200 $4,810,200 - - - $4,810,200 2.31 3.59 $10,943,205
($4,810,200)
Drafted / Rookie Scale
Bane Desmond Bane SG $3,845,083 $3,845,083 - - - $3,845,083 1.85 2.87 $3,845,083
($0)
Drafted / Rookie Scale
G'teed: $0
LaRavia Jake LaRavia PF $3,199,920 $3,199,920 - - - $3,199,920 1.54 2.39 $11,715,727
($3,199,920)
Drafted / Rookie Scale
Roddy David Roddy PF $2,718,240 $2,718,240 - - - $2,718,240 1.31 2.03 $10,397,246
($2,718,240)
Drafted / Rookie Scale
Konchar John Konchar SG $2,400,000 $2,400,000 - - - $2,400,000 1.15 1.79 $20,895,000
($20,895,000)
Free Agent / NT-MLE
Aldama Santi Aldama PF $2,194,200 $2,194,200 - - - $2,194,200 1.06 1.64 $6,154,731
($2,194,200)
Drafted / Rookie Scale
Tillman Xavier Tillman PF $1,930,681 $1,930,681 - - - $1,930,681 0.93 1.44 $1,930,681
($0)
Drafted / NT-MLE
G'teed: $0
Chandler Kennedy Chandler PG $1,719,864 $1,719,864 - - - $1,719,864 0.83 1.28 $5,927,014
($3,739,563)
Drafted / NT-MLE
Training Camp/Exhibit 10, Exhibit 9
BeanJustin Bean F $1,974,999 $1,974,999 - $1,974,999 - - - Exhibit-10
GilyardJacob Gilyard PG $1,974,999 $1,974,999 - $1,974,999 - - - Exhibit-10


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 Allocations.

Player (1) Pos.
Williams Jr.Vincent Williams Jr. SF          


2023-24 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 (7) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
MorantJa Morant PG $15,815,870 $30,298,600 Restricted Bird
AdamsSteven Adams C - $26,890,244 Bird
GreenDanny Green SG - $19,000,000 Bird
BrooksDillon Brooks SG - $17,100,000 Bird
ClarkeBrandon Clarke SF $6,259,588 $13,031,760 Restricted Bird
TillieKillian Tillie PF $2,377,031 $2,377,031 Restricted Bird
Lofton Jr.Kenneth Lofton Jr. F $1,769,013 $1,769,013 Two-Way


2023-24 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
2023 NBA Luxury Tax Threshold $162,000,000
Total Taxable Salaries $97,420,390
Current Luxury Tax Space $64,579,610


2023-24 Memphis Grizzlies Salary Cap Totals

The Grizzlies 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 $97,420,390
Cap Holds $110,466,648
Total Cap Allocations $207,887,038
Salary Cap Maximum
2023 NBA Salary Cap Max $134,000,000
Current Cap Space $-73,887,038
Salary Cap Floor
2023 NBA Salary Cap Floor $120,600,000
Current Floor Space $23,179,610
 

2023-24 Practical Cap Space

Available Practical Cap Space: $44,451,744 — $44,451,744

$44,451,744
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.

$44,451,744
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
10/31/2022 Ziaire Williams 2023-24 Club Option $4,810,200
10/31/2022 Santi Aldama 2023-24 Club Option $2,194,200
10/31/2022 Desmond Bane 2023-24 Club Option $3,845,083
6/29/2023 Justin Bean 2023-24 Qualifying Offer $1,974,999
6/29/2023 Jacob Gilyard 2023-24 Qualifying Offer $1,974,999
6/29/2023 Xavier Tillman 2023-24 Club Option $1,930,681
6/29/2023 Kenneth Lofton Jr. 2023-24 Qualifying Offer — Two-Way $1,769,013
6/29/2023 Killian Tillie 2023-24 Qualifying Offer $2,377,031
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