Memphis Grizzlies 2024-25 Cap Table

The Memphis Grizzlies 2024-25 salary cap table, including salary cap table, including team cap space, player cap hits, incentives, & bonus info.

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Total Cap Allocations

$172,962,882 / 19th

Cap Space

$-32,374,882 / 12th

1st Apron Space

$6,089,652

2nd Apron Sapce

$16,888,652

2024-25 Active Roster Cap

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (18) Pos Age Type Cap Hit Cap Hit Pct League Cap Base Salary Incentives Likely Incentives Unlikely Trade Bonus Proration Guaranteed
Morant Ja Morant PG 25 DRK-EXT $36,725,670 26.12% $36,725,670 - - - $36,725,670
Bane Desmond Bane SG 26 RK-EXT $34,005,250 24.19% $34,005,250 - $1,141,750 - $34,005,250
Jackson Jr. Jaren Jackson Jr. PF 25 RK-EXT $25,257,798 17.97% $25,257,798 - - - $25,257,798
Smart Marcus Smart PG 30 VET-EXT $20,210,285 14.38% $19,960,285 - - - $19,960,285
Clarke Brandon Clarke PF 28 RK-EXT $12,500,000 8.89% $12,500,000 - $500,000 - $12,500,000
Kennard Luke Kennard SG 28 FA $9,250,000 6.58% $9,250,000 - $1,387,500 - $9,250,000
Konchar John Konchar SG 28 VET-EXT $6,165,000 4.39% $6,165,000 - - - $6,165,000
Edey Zach Edey C 22 RK-1ST $5,756,880 4.09% $5,756,880 - - - $5,756,880
Aldama Santi Aldama C 24 RK-1ST $3,960,531 2.82% $3,960,531 - - - $3,960,531
LaRavia Jake LaRavia PF 23 RK-1ST $3,352,680 2.38% $3,352,680 - - - $3,352,680
Williams Jr. Vincent Williams Jr. SF 24 ROS $2,120,693 1.51% $2,120,693 - - - $2,120,693
Huff Jay Huff C 26 $2,088,033 1.49% $2,088,033 - - - $2,088,033
Pippen Jr. Scotty Pippen Jr. PG 24 $2,087,519 1.48% $2,087,519 - - - $2,087,519
Jackson G.G. Jackson PF 20 ROS $1,891,857 1.35% $1,891,857 - - - $1,891,857
Wells Jaylen Wells SG 21 RK-2ND $1,157,153 0.82% $1,157,153 - - - $1,157,153
Castleton Colin Castleton PF 24 2W Two-Way - - - - - -
Kawamura Yuki Kawamura G 23 2W Two-Way - - - - - -
Spencer Cam Spencer SG 24 2W Two-Way - - - - - -

2024-25 Dead Money Cap

Cap breakdowns for players who have been traded or released. All count against the team's cap.

Player (3) Pos Cap Hit Cap Hit Pct League Cap
Chandler Kennedy Chandler PG $2,019,699 1.44%
Diakite Mamadi Diakite PF $464,050 0.33%
Rose Derrick Rose PG - -

2024-25 Cap Hold Cap

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc.

Player (2) Pos Age Type Cap Hit Cap Hit Pct League Cap Qualifying Offer        
Watanabe Yuta Watanabe SF 30 FA $2,087,519 1.48% - Early Bird
Pons Yves Pons G 25 2W $1,862,265 1.32% - Two-Way

2024 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.

Type Reason Used On Expires Original Available
Non-Taxpayer Mid-Level
Scotty Pippen Jr.
$2,087,519, Jay Huff
End-of-Season $12,822,000 $8,646,448
Bi-Annual
End-of-Season $4,668,000 $4,668,000
Trade
Steven Adams trade with HOU
2/2/2025 $12,600,000 $12,600,000
Trade
Xavier Tillman Sr. trade with BOS
2/10/2025 $1,930,681 $1,930,681
Trade
David Roddy trade with PHX
2/10/2025 $2,718,240 $2,718,240

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $166,529,349 19th
Dead Money $2,483,749 6th
Cap Hold $3,949,784 20th
Total Allocations $172,962,882 19th
Space $-32,374,882 12th
1st Apron Summary
1st Apron Maximum $178,132,000
Total Allocations $172,042,348 -
Space $6,089,652 -
2nd Apron Summary
2nd Apron Maximum $188,931,000
Total Allocations $172,042,348 -
Space $16,888,652 -

2024 Deadlines

Deadline Date Player Type Value
6/29/2025 Santi Aldama
RFA / QO
2025-26 Qualifying Offer
$5,940,797
6/29/2025 Colin Castleton
RFA / QO
2025-26 Qualifying Offer
$2,048,494
6/29/2025 Yuki Kawamura
RFA / QO
2025-26 Qualifying Offer
$2,048,494
6/29/2025 Cam Spencer
RFA / QO
2025-26 Qualifying Offer — Two-Way
$2,048,494
7/1/2025 Jake LaRavia
EXTENSION ELIGIBLE
2025-26 Extension Eligible
7/6/2025 Ja Morant
EXTENSION ELIGIBLE
2025-26 Extension Eligible
7/7/2025 John Konchar
EXTENSION ELIGIBLE
2025-26 Extension Eligible
10/1/2025 Brandon Clarke
EXTENSION ELIGIBLE
2025-26 Extension Eligible
10/31/2025 Zach Edey
CLUB
2026-27 Club Option
$6,332,760
1/11/2026 Vincent Williams Jr.
EXTENSION ELIGIBLE
2025-26 Extension Eligible
2/9/2026 G.G. Jackson
EXTENSION ELIGIBLE
2025-26 Extension Eligible
6/29/2026 G.G. Jackson
CLUB
2026-27 Club Option
$2,406,205
6/29/2026 Jake LaRavia
RFA / QO
2026-27 Qualifying Offer
$7,362,619
6/29/2026 Vincent Williams Jr.
CLUB
2026-27 Club Option
$2,489,752
6/30/2026 Jay Huff
GUARANTEED
2026-27 Guaranteed — via min/gm metric or date
$2,667,944
7/3/2026 Scotty Pippen Jr.
GUARANTEED
2026-27 Guaranteed
$2,461,462
7/6/2026 Jaylen Wells
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/8/2026 Desmond Bane
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/19/2026 Jaylen Wells
GUARANTEED
2026-27 Guaranteed — Opening Night TBD
$2,296,271
10/31/2026 Zach Edey
CLUB
2027-28 Club Option
$8,067,937
6/29/2027 Jay Huff
CLUB
2027-28 Club Option
$427,323
6/29/2027 Jaylen Wells
CLUB
2027-28 Club Option
6/29/2027 Scotty Pippen Jr.
CLUB
2027-28 Club Option
$396,604
6/30/2027 Jay Huff
GUARANTEED
2027-28 Guaranteed — via min/gm metric or date
$3,005,085
7/1/2027 Zach Edey
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/3/2027 Scotty Pippen Jr.
GUARANTEED
2027-28 Guaranteed
$2,789,215
10/18/2027 Jaylen Wells
GUARANTEED
2027-28 Guaranteed — Opening Night TBD
$2,486,995
6/29/2028 Zach Edey
RFA / QO
2028-29 Qualifying Offer
$11,738,849

Unsigned Draft Picks

Draft Year Player Pos Age Country College
2023 Tarik Biberovic PF 23 Bosnia and Herzegovina
2015 Satnam Singh Bhamara C 29 India
2014 Nemanja Dangubic SG 31 Serbia

Future Draft Picks

2025

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
MEM

2026

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
MEM
Or swap for least favorable of PHX, ORL and WAS 1-8 (via MEM swap for PHX)

2027

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
MEM

2028

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
MEM

2029

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
MEM

2030

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
MEM
More favorable of MEM and less favorable of PHX and WAS

2031

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
MEM

2025

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
NYK
More favorable of BOS and MEM to OKC then other to ORL (via BOS to OKC)

2026

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
POR
If 43-60 (via UTA to GSW)
MEM
More favorable of IND and MIA to MEM

2027

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
MEM
(via BOS)
HOU
(via LAC)

2028

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
BKN
(via PHX)

2029

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
BKN
(via PHX)

2030

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
MEM
(via BOS)
MEM
31-50
MIN
51-60

2031

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
MEM

TRANSACTIONS

Oct 31, 2024
Jake LaRavia, PF

Memphis (MEM) declined $5.16 million option for 2025-26

Oct 30, 2024
Colin Castleton, PF

Signed a Two-Way contract with Memphis (MEM)

Oct 28, 2024
Jay Huff, C

Signed a 4 year $10.11 million contract with Memphis (MEM) - converted Two-Way contract

Oct 19, 2024
Miles Norris, PF

Waived by Memphis (MEM)

Oct 19, 2024
Armando Bacot, PF

Waived by Memphis (MEM)

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