Memphis Grizzlies 2024-25 Financial Summary

A current summary of Memphis Grizzlies 2024-25 player cap & cash figures.

SEASON
TEAM
 
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RELATED:
Updated 2026 Cap Space and Spending Power Projections
RELATED:
Jazz Acquire Jaren Jackson Jr From Grizzlies In Eight-Player, Three-Pick Swap
Total Cap

$167,814,933 / 24th

Cap Space

$-27,226,933 / 7th

Projected Cash Payroll

$167,337,355 / 21st

Cash Total

$167,337,355 / 21st

2024-25 Active Roster

Non-Guaranteed
  Player (15) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
1
Morant Ja Morant PG 25 $36,725,670 26.12% $36,725,670 $36,725,670 $36,725,670 $36,725,670 2028
2
Bane Desmond Bane SG 26 $34,005,250 24.19% $35,147,000 $34,005,250 $34,005,250 $34,005,250 2029
3
Jackson Jr. Jaren Jackson Jr. PF 25 $25,257,798 17.97% $25,257,798 $25,257,798 $25,257,798 $25,257,798 2030
4
Bagley III Marvin Bagley III PF 25 $12,500,000 8.89% $12,500,000 $12,500,000 $4,741,379 $12,500,000 2026
5
Clarke Brandon Clarke PF 28 $12,500,000 8.89% $13,000,000 $12,500,000 $12,500,000 $12,500,000 2027
6
Kennard Luke Kennard SG 28 $9,250,000 6.58% $10,637,500 $9,250,000 $9,250,000 $9,250,000 2026
7
Konchar John Konchar SG 28 $6,165,000 4.39% $6,165,000 $6,165,000 $6,165,000 $6,165,000 2027
8
Edey Zach Edey C 22 $5,756,880 4.09% $5,756,880 $5,756,880 $5,756,880 $5,756,880 2028
9
Aldama Santi Aldama C 24 $3,960,531 2.82% $3,960,531 $3,960,531 $3,960,531 $3,960,531 2028
10
Williams Jr. Vincent Williams Jr. SF 24 $2,120,693 1.51% $2,120,693 $2,120,693 $2,120,693 $2,120,693 2027
11
Huff Jay Huff C 26 $2,088,033 1.49% $2,088,033 $2,088,033 $2,088,033 $2,088,033 2028
12
Pippen Jr. Scotty Pippen Jr. PG 24 $2,087,519 1.48% $2,087,519 $2,087,519 $2,087,519 $2,087,519 2028
13
Jackson G.G. Jackson PF 20 $1,891,857 1.35% $1,891,857 $1,891,857 $1,891,857 $1,891,857 2027
14
Wells Jaylen Wells SG 21 $1,157,153 0.82% $1,157,153 $1,157,153 $1,157,153 $1,157,153 2028
15
Stevens Lamar Stevens SF 27 $383,912 0.27% $383,912 $383,912 $411,529 $411,529 2025

2024-25 Dead Money

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

  Player (5) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed
1
Davis Johnny Davis
WAIVED
SG 22 $5,291,160 3.76% $5,291,160 $5,291,160 $2,006,992 -
2
Chandler Kennedy Chandler
PG 22 $2,019,699 1.44% $2,019,699 $2,019,699 $2,019,699 -
3
Diakite Mamadi Diakite
PF 28 $464,050 0.33% $464,050 $464,050 $464,050 -
4
Stevens Lamar Stevens
SF 27 $119,972 0.09% $119,972 $119,972 $128,603 $128,603
5
Stevens Lamar Stevens
SF 27 $119,972 0.09% $119,972 $119,972 $128,603 $128,603

2024-25 Cap Hold

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

  Player (2) Pos Age Cap Hit Cap Hit Pct League Cap          
1
Watanabe Yuta Watanabe SF 30 $2,087,519 1.48% Early Bird
2
Pons Yves Pons G 25 $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
Jaren Jackson Jr trade with UTA
2/3/2027 $28,872,920 $28,872,920

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $155,850,296 23rd
Dead Money $8,014,853 6th
Cap Hold $3,949,784 20th
Total Allocations $167,814,933 24th
Space $-27,226,933 7th
1st Apron Summary
1st Apron Maximum
This team is currently hard-capped at the first apron.
$178,132,000
Total Allocations $166,894,399 -
Space $11,237,601 -
2nd Apron Summary
2nd Apron Maximum $188,931,000
Total Allocations $166,894,399 -
Space $22,036,601 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $163,865,149 26th
Space $6,948,851 5th
Ext. Luxury Tax Bill $0 -

2024 Deadlines

Deadline Date Player Type Value
4/2/2026 DeJon Jarreau
2025-26 — 10-day expired (2nd)
4/2/2026 Tyler Burton
2025-26 — 10-day expired (2nd)
6/29/2026 Olivier-Maxence Prosper
CLUB
2026-27 Club Option
$2,497,812
6/29/2026 Rayan Rupert
RFA / QO
2026-27 Qualifying Offer — Two-Way
6/29/2026 Jahmai Mashack
RFA / QO
2027-28 Qualifying Offer — Two-Way
6/29/2026 G.G. Jackson
CLUB
2026-27 Club Option
$2,406,205
6/29/2026 Kentavious Caldwell-Pope
PLAYER
2026-27 Player Option
$21,621,500
7/1/2026 Taylor Hendricks
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/3/2026 Scotty Pippen Jr.
GUARANTEED
2026-27 Guaranteed
$2,461,462
7/6/2026 Kentavious Caldwell-Pope
EXTENSION ELIGIBLE
2026-27 Extension Eligible
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
10/31/2026 Walter Clayton Jr.
CLUB
2027-28 Club Option
$4,390,320
10/31/2026 Cedric Coward
CLUB
2027-28 Club Option
$6,286,920
1/10/2027 Taj Gibson
GUARANTEED
2026-27 Guaranteed
$3,815,861
6/29/2027 Jaylen Wells
CLUB
2027-28 Club Option
6/29/2027 Taylor Hendricks
RFA / QO
2027-28 Qualifying Offer
$11,357,585
6/29/2027 Santi Aldama
CLUB
2027-28 Club Option
$17,007,043
6/29/2027 Javon Small
RFA / QO
2027-28 Qualifying Offer — Two-Way
$2,301,485
6/29/2027 Ty Jerome
PLAYER
2027-28 Player Option
$9,659,100
6/29/2027 Scotty Pippen Jr.
CLUB
2027-28 Club Option
$396,604
7/1/2027 Zach Edey
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/3/2027 Scotty Pippen Jr.
GUARANTEED
2027-28 Guaranteed
$2,789,215
7/14/2027 Cam Spencer
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/15/2027 Santi Aldama
EXTENSION ELIGIBLE
2027-28 Extension Eligible
10/18/2027 Jaylen Wells
GUARANTEED
2027-28 Guaranteed — Opening Night TBD
$2,486,995
10/31/2027 Cedric Coward
CLUB
2028-29 Club Option
$8,342,743
10/31/2027 Walter Clayton Jr.
CLUB
2028-29 Club Option
$6,752,312
6/29/2028 Cam Spencer
CLUB
2028-29 Club Option
$2,830,685
6/29/2028 Zach Edey
RFA / QO
2028-29 Qualifying Offer
$11,738,849
7/1/2028 Cedric Coward
EXTENSION ELIGIBLE
2028-29 Extension Eligible
7/1/2028 Walter Clayton Jr.
EXTENSION ELIGIBLE
2028-29 Extension Eligible
6/29/2029 Cedric Coward
RFA / QO
2029-30 Qualifying Offer
$12,255,491
6/29/2029 Walter Clayton Jr.
RFA / QO
2029-30 Qualifying Offer
$10,256,764
6/29/2029 Jaren Jackson Jr.
PLAYER
2029-30 Player Option
$53,500,000

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2023 Tarik Biberovic PF 25 Bosnia and Herzegovina
2015 Satnam Singh Bhamara C 30 India
2014 Nemanja Dangubic SG 32 Serbia

Future Draft Picks

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
Two middle picks of MEM, ORL, PHX and WAS 1-8 (via MEM swap for PHX and ORL) then others to CHA and WAS
MEM
Not Tradable, owe 2027 to HOU; Two middle picks of MEM, ORL, PHX and WAS 1-8 (via MEM swap for PHX and ORL) then others to CHA and WAS

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
MEM
Most favorable of CLE, MIN and UTA then others to PHX and UTA (via UTA)

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    ORL
Or swap for ORL 3-30 (via MEM swap for ORL)
ORL    MEM
If 1-2 or swap 3-30 with MEM (via MEM swap for ORL

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
MEM

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
MEM
(via UTA)

2032

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

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
Most favorable of BOS, IND, LAC and MIA if MEM conveys 1st round pick to WAS in 2025 (via MIA to IND; via MIL to MEM; via MEM swap of IND or MIA for BOS; via MEM swap of BOS, IND or MIA for LAC)

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
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)
ORL
If ORL 3-30 in 2029
MEM
(via PHI to IND)

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
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
Most favorable of MEM, IND and MIA then others to IND and UTA (via MIA swap for IND; via MEM swap for IND or MIA)

2032

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
GSW
If 31-50
MEM
If 51-60
MEM
MEM
MEM can swap for PHI

TRANSACTIONS

Mar 23, 2026
DeJon Jarreau, SG

Signed a 10-day contract with Memphis (MEM)

Mar 23, 2026
Tyler Burton, SF

Signed a 10-day contract with Memphis (MEM)

Mar 13, 2026
DeJon Jarreau, SG

Signed a 10-day contract with Memphis (MEM)

Mar 12, 2026
Tyler Burton, SF

Signed a 10-day contract with Memphis (MEM)

Mar 04, 2026
Olivier-Maxence Prosper, PF

Signed a 2 year $3.03 million Rest-of-Season contract with Memphis (MEM) via converted Two-Way contract - includes 2026-27 Club Option

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