Memphis Grizzlies 2024-25 Financial Summary

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

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Total Cap

$189,640,888 / 14th

Cap Space

$-49,052,888 / 17th

Tax Space

$10,060,981

Cash Total

$160,503,019 / 23rd

2024-25 Active Roster

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (17) Pos Age Type Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
Morant
1
Ja Morant 		PG 25 DRK-EXT $36,725,670 26.12% $36,725,670 $36,725,670 $36,725,670 $36,725,670 2028
Bane
2
Desmond Bane 		SG 26 RK-EXT $34,005,250 24.19% $35,147,000 $34,005,250 $34,005,250 $34,005,250 2029
Jackson Jr.
3
Jaren Jackson Jr. 		PF 25 RK-EXT $25,257,798 17.97% $25,257,798 $25,257,798 $25,257,798 $25,257,798 2026
Smart
4
Marcus Smart 		PG 30 VET-EXT $20,210,285 14.38% $20,210,285 $20,210,285 $19,960,285 $19,960,285 2026
Clarke
5
Brandon Clarke 		PF 28 RK-EXT $12,500,000 8.89% $13,000,000 $12,500,000 $12,500,000 $12,500,000 2027
Konchar
6
John Konchar 		SG 28 VET-EXT $6,165,000 4.39% $6,165,000 $6,165,000 $6,165,000 $6,165,000 2027
Edey
7
Zach Edey 		C 22 RK $5,756,880 4.09% $5,756,880 $5,756,880 $5,756,880 $5,756,880 2028
Aldama
8
Santi Aldama 		C 24 RK $3,960,531 2.82% $3,960,531 $3,960,531 $3,960,531 $3,960,531 2025
Rose
9
Derrick Rose 		PG 36 FA $3,356,271 2.39% $3,356,271 $3,356,271 $3,356,271 $3,356,271 2025
LaRavia
10
Jake LaRavia 		PF 23 RK $3,352,680 2.38% $3,352,680 $3,352,680 $3,352,680 $3,352,680 2026
Diakite
11
Mamadi Diakite 		PF 28 ROS $2,273,252 1.62% $2,273,252 $2,273,252 $2,273,252 $1,392,150 2025
Williams Jr.
12
Vincent Williams Jr. 		SF 24 ROS $2,120,693 1.51% $2,120,693 $2,120,693 $2,120,693 $2,120,693 2027
Jackson
13
G.G. Jackson 		PF 20 ROS $1,891,857 1.35% $1,891,857 $1,891,857 $1,891,857 $1,891,857 2027
Wells
14
Jaylen Wells 		SG 21 RK - - $1,157,153 $1,157,153 $1,157,153 $1,157,153 2028
Huff
15
Jay Huff 		C 26 TW - - - - - - 2025
Pippen Jr.
16
Scotty Pippen Jr. 		PG 24 TW - - - - - - 2025
Spencer
17
Cam Spencer 		SG 24 TW - - - - - - 2025

2024-25 Dead

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

Player (1) Pos Age Type Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed  
Chandler
1
Kennedy Chandler 		PG 22 Dead-include $2,019,699 1.44% $2,019,699 $2,019,699 $2,019,699 -

2024-25 Cap Hold

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

Player (5) Pos Age Type Cap Hit Cap Hit Pct League Cap          
Kennard
1
Luke Kennard 		SG 28 RK-EXT $22,145,454 15.75% Bird
Watanabe
2
Yuta Watanabe 		SF 30 FA $2,087,519 1.48% Early Bird
Stevens
3
Lamar Stevens 		SF 27 FA $2,087,519 1.48% Non-Bird
Pons
4
Yves Pons 		G 25 TW $1,862,265 1.32% Two-Way
Goodwin
5
Jordan Goodwin 		PG 26 TW $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
End-of-Season $12,822,000 $12,822,000
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 $157,576,167 24th
Dead $2,019,699 5th
Cap Hold $30,045,022 5th
Total Allocations $189,640,888 14th
Space $-49,052,888 17th
Practical Cap Space Summary
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.
 $-23,938,813 -
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.
 $-16,107,065 -
1st Apron Summary
1st Apron Maximum $178,132,000
Total Allocations $162,394,769 -
Space $15,737,231 -
2nd Apron Summary
2nd Apron Maximum $188,931,000
Total Allocations $162,394,769 -
Space $26,536,231 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $160,753,019 23rd
Space $10,060,981 8th
Ext. Luxury Tax Bill $0 -

2024 Deadlines

Deadline Date Player Type Value
10/1/2024 Jaren Jackson Jr.
EXTENSION ELIGIBLE
2024-25 Extension Eligible
10/31/2024 Jake LaRavia
CLUB
2025-26 Club Option 		$5,163,127
10/31/2024 David Roddy
CLUB
2025-26 Club Option 		$4,831,766
1/10/2025 Mamadi Diakite
GUARANTEED
2024-25 Guaranteed 		$2,273,252
6/29/2025 Jay Huff
RFA / QO
2025-26 Qualifying Offer — Two-Way 		$2,048,494
6/29/2025 Cam Spencer
RFA / QO
2025-26 Qualifying Offer — Two-Way 		$2,048,494
6/29/2025 Scotty Pippen Jr.
RFA / QO
2025-26 Qualifying Offer — Two-Way 		$2,054,495
6/29/2025 Santi Aldama
RFA / QO
2025-26 Qualifying Offer 		$5,940,797
10/31/2025 Zach Edey
CLUB
2026-27 Club Option 		$6,332,760
6/29/2026 Vincent Williams Jr.
CLUB
2026-27 Club Option 		$2,489,752
6/29/2026 G.G. Jackson
CLUB
2026-27 Club Option 		$2,406,205
6/29/2026 David Roddy
RFA / QO
2026-27 Qualifying Offer 		$7,030,220
6/29/2026 Jake LaRavia
RFA / QO
2026-27 Qualifying Offer 		$7,362,619
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 Jaylen Wells
CLUB
2027-28 Club Option
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

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2015 Satnam Singh Bhamara C 28 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
Or to MIN (conditions TBD)

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

Jul 24, 2024
Jay Huff, C

Signed a Two-Way contract with Memphis (MEM)

Jul 19, 2024
Nemanja Dangubic, SG

Jul 19, 2024
Mamadi Diakite, PF

Traded to Memphis (MEM) from Brooklyn (BKN) with Nemanja Dangubic for Ziaire Williams and 2030 2nd round pick [DAL pick]

Jul 08, 2024
Cam Spencer, SG

Signed a Two-Way contract with Memphis (MEM)

Jul 06, 2024
Cam Spencer, SG

Traded to Memphis (MEM) from Detroit (DET) as part of a 4-team trade: Memphis (MEM) traded Ulrich Chomche to Toronto (TOR); Minnesota (MIN) traded Wendell Moore Jr. and Bobi Klintman to Detroit (DET); Toronto (TOR) traded $1 million to Minnesota (MIN)

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TRANSACTIONS

Jul 24, 2024
Jay Huff, C

Signed a Two-Way contract with Memphis (MEM)

Jul 19, 2024
Nemanja Dangubic, SG

Jul 19, 2024
Mamadi Diakite, PF

Traded to Memphis (MEM) from Brooklyn (BKN) with Nemanja Dangubic for Ziaire Williams and 2030 2nd round pick [DAL pick]

Jul 08, 2024
Cam Spencer, SG

Signed a Two-Way contract with Memphis (MEM)

Jul 06, 2024
Cam Spencer, SG

Traded to Memphis (MEM) from Detroit (DET) as part of a 4-team trade: Memphis (MEM) traded Ulrich Chomche to Toronto (TOR); Minnesota (MIN) traded Wendell Moore Jr. and Bobi Klintman to Detroit (DET); Toronto (TOR) traded $1 million to Minnesota (MIN)

View More Transactions

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