Oklahoma City Thunder

Oklahoma City Thunder 2023-24 Salary Cap

Thunder 2023-24 Salary Cap

An updated look at the Oklahoma City Thunder 2023 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

2023 NBA Offseason Financial Previews: Minnesota Timberwolves
Breaking down the upcoming offseason for each 2023-24 NBA team, including cap space figures, free agents, draft pick scenarios, & thoughts on potential trades, exceptions, & plenty more. READ ON
Player Option
Club Option
Non-Guaranteed
Estimate
Player (14) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Cash Remaining
(Guaranteed)
Notes
Gilgeous-Alexander Shai Gilgeous-Alexander PG $33,386,850 $33,386,850 - - - $33,386,850 22.85 24.92 $148,386,000
($148,386,000)
Rk Extension / Bird
Dort Luguentz Dort SG $15,277,778 $15,277,778 - $1,000,000 - $15,277,778 10.46 11.40 $67,222,222
($49,500,000)
Free Agent / Bird
Holmgren Chet Holmgren C $10,386,000 $10,386,000 - - - $10,386,000 7.11 7.75 $34,998,008
($10,386,000)
Drafted / Rookie Scale
Giddey Josh Giddey SG $6,587,040 $6,587,040 - - - $6,587,040 4.51 4.92 $14,939,407
($6,587,040)
Drafted / Rookie Scale
Williams Kenrich Williams PF $6,175,000 $6,175,000 - - - $6,175,000 4.23 4.61 $27,170,000
($20,007,000)
Vet Extension / Bird
Pokusevski Aleksej Pokusevski PF $5,009,633 $5,009,633 - - - $5,009,633 3.43 3.74 $5,009,633
($0)
Drafted / Rookie Scale
G'teed: $0
Dieng Ousmane Dieng SF $4,798,440 $4,798,440 - - - $4,798,440 3.28 3.58 $16,496,362
($4,798,440)
Drafted / Rookie Scale
Williams Jalen Williams SF $4,558,680 $4,558,680 - - - $4,558,680 3.12 3.40 $15,915,437
($4,558,680)
Drafted / Rookie Scale
Mann Tre Mann PG $3,191,400 $3,191,400 - - - $3,191,400 2.18 2.38 $8,099,773
($3,191,400)
Drafted / Rookie Scale
Williams Jaylin Williams C $2,000,000 $2,000,000 - - - $2,000,000 1.37 1.49 $6,207,398
($2,000,000)
Drafted / NT-MLE
Joe Isaiah Joe SG $1,997,238 $1,997,238 - - - $1,997,238 1.37 1.49 $4,162,231
($0)
Free Agent / NT-MLE
G'teed: $0
Waters III Lindy Waters III SF $1,927,896 $1,927,896 - - - $1,927,896 1.32 1.44 $1,927,896
($1,927,896)
RoS / NT-MLE
Robinson-Earl Jeremiah Robinson-Earl PF $1,900,000 $1,900,000 - - - $1,900,000 1.30 1.42 $3,888,598
($0)
Drafted / NT-MLE
G'teed: $0
Wiggins Aaron Wiggins SG $1,836,096 $1,836,096 - - - $1,836,096 1.26 1.37 $3,824,694
($0)
RoS / Space
G'teed: $0


2023-24 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Thunder 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
SaricDario Saric PF - $17,556,000 Bird
CollisonNick Collison PF - $1,989,698 Non-Bird
FeltonRaymond Felton PG - $1,989,698 Early Bird
ButlerJared Butler PG $1,774,999 $1,774,999 Two-Way
SarrOlivier Sarr C $1,774,999 $1,774,999 Two-Way
FrazierMelvin Frazier SF - $1,774,999 Two-Way
HerveyKevin Hervey SF - $1,774,999 Two-Way
Round 1, Pick #12       $4,704,720  
Round 2, Pick #38       -  
Round 2, Pick #50       -  


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.

Room Mid-Level Exception Details is awarded annually to teams who are below the cap (eliminating the NTMLE/TMLE/BAE) and 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
Room
$7,609,000 $7,609,000
Trade
9/27/2023
Vit Krejci trade with ATL
$781,759 $781,759
Trade
10/02/2023
Derrick Favors trade with HOU
(Dario Saric, $9,240,000)
$10,183,800 $943,800
Trade
10/02/2023
Ty Jerome trade with HOU
$4,220,057 $4,220,057
Trade
2/09/2024
Mike Muscala trade with BOS
$3,500,000 $3,500,000
Trade
2/09/2024
Darius Bazley trade with PHX
$4,264,629 $4,264,629


2023-24 Luxury Tax Totals

Denotes the Thunder 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 $99,032,051
Current Luxury Tax Space $62,967,949


2023-24 Oklahoma City Thunder Salary Cap Totals

The Thunder 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 $99,032,051
Cap Holds $33,340,112
Total Cap Allocations $132,372,163
Salary Cap Maximum
2023 NBA Salary Cap Max $134,000,000
Current Cap Space $1,627,837
"Super Tax" Apron
2023 NBA Super-Tax Apron $179,500,000
Super-Tax Apron Space $79,467,949
Salary Cap Floor
2023 NBA Salary Cap Floor $120,600,000
Current Floor Space $21,567,949
 

2023-24 Practical Cap Space

Available Practical Cap Space: $36,942,853 — $35,961,247

$36,942,853
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.

$35,961,247
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 Olivier Sarr 2023-24 Qualifying Offer — Two-Way $1,774,999
6/29/2023 Lindy Waters III 2024-25 Qualifying Offer $2,433,712
6/29/2023 Jared Butler 2023-24 Qualifying Offer — Two-Way $1,774,999
6/30/2023 Jeremiah Robinson-Earl 2023-24 Guaranteed $1,900,000
10/31/2023 Tre Mann 2024-25 Club Option $4,908,373
10/31/2023 Jalen Williams 2024-25 Club Option $4,775,760
10/31/2023 Chet Holmgren 2024-25 Club Option $10,880,640
10/31/2023 Josh Giddey 2024-25 Club Option $8,352,367
10/31/2023 Ousmane Dieng 2024-25 Club Option $5,027,040
1/10/2024 Aaron Wiggins 2023-24 Guaranteed $1,836,096
1/10/2024 Isaiah Joe 2023-24 Guaranteed $1,997,238
6/29/2024 Aaron Wiggins 2024-25 Club Option
6/29/2024 Jeremiah Robinson-Earl 2024-25 Club Option $1,988,598
6/29/2024 Isaiah Joe 2024-25 Club Option — non-guaranteed
6/30/2024 Aleksej Pokusevski 2024-25 Qualifying Offer $7,073,602
10/31/2024 Jalen Williams 2025-26 Club Option $6,580,997
10/31/2024 Chet Holmgren 2025-26 Club Option $13,731,368
10/31/2024 Ousmane Dieng 2025-26 Club Option $6,670,882
1/10/2025 Aaron Wiggins 2024-25 Guaranteed $1,988,598
1/10/2025 Jaylin Williams 2024-25 Guaranteed $2,019,699
1/10/2025 Isaiah Joe 2024-25 Guaranteed $2,164,993
6/30/2025 Tre Mann 2025-26 Qualifying Offer $6,964,981
6/30/2025 Josh Giddey 2025-26 Qualifying Offer $11,142,058
1/10/2026 Jaylin Williams 2025-26 Guaranteed $2,187,699
6/29/2026 Kenrich Williams 2026-27 Club Option $7,163,000
6/29/2026 Jalen Williams 2026-27 Qualifying Offer $9,055,452
6/29/2026 Chet Holmgren 2026-27 Qualifying Offer $17,919,435
6/29/2026 Ousmane Dieng 2026-27 Club Option $9,132,437
6/29/2026 Luguentz Dort 2026-27 Club Option $17,722,222




Unsigned Draft Picks

Draft Year Player Age Position Country College
2014 Vasilije Micic 29 PG SRB
2008 DeVon Hardin 36 C USA California
2006 Yotam Halperin 39 SG ISR
2003 Paccelis Morlende 42 G FRA
2003 Sofoklis Schortsanitis 37 PF CMR
1990 Abdul Shamsid-Deen 54 PF USA Providence
2003 Szymon Szewcyk 40 F POL


Future Draft Picks

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
2024
HOU
Top-4 Protected
OKC
5-30
OKC
OKC
UTA
Top-10 Protected (from OKC)
OKC
11-30
2025
LAC    OKC
OKC right to swap
MIA
Top-14 Protected
OKC
15-30 (via LAC)
OKC
OKC right to swap with LAC or HOU 11-30
PHI
Top-6 Protected
OKC
7-30
UTA
Top-10 Protected (if not already settled with OKC)
OKC
11-30 (if not already settled)
2026
HOU
Top-4 Protected
OKC
5-30
OKC
MIA    OKC
MIA pick if settled with OKC, OKC pick if not settled (via LAC)
OKC
PHI
Top-4 Protected (if not already settled with OKC)
OKC
5-30 (if not already settled)
UTA
Top-8 Protected (if not already settled with OKC Or MIN via UTA swap for MIN) OR swap with CLE
OKC
9-30 (if not already settled)
2027
DEN
Top-5 Protected (if not already settled with ORL or 1-5 if 1st conveyed to ORL by 2025)
ORL    OKC
6-30 (if not already settled) or to OKC if 6-30 (if DEN conveyed 1st to ORL by 2025)
OKC
PHI
Top-4 Protected (if not already settled with OKC) or Top-8 Protected (if PHI conveys 1st to OKC in 2025)
OKC    BKN
5-30 OKC or 9-30 BKN (if PHI conveys 1st to OKC in 2025)
2028
DEN
Top-5 Protected (if 1st conveyed to ORL by 2026)
OKC
6-30 (if 1st conveyed to ORL by 2026)
OKC
2029
DEN
Top-5 Protected (if not already settled with OKC)
OKC
6-30 (if not already settled)
OKC
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
2024
HOU    OKC
HOU pick if HOU conveys 1st to OKC in 2024, OKC pick if HOU does not convey 1st to OKC in 2024
OKC
Less favorable of CHA and MIN then other to POR (via MIN to OKC)
HOU
via ATL
2025
POR
31-40
OKC
41-60
HOU    OKC
HOU pick if HOU conveys 1st to OKC in 2024; OKC pick if HOU does not convey 1st to OKC in 2024
OKC
More favorable of BOS and MEM to OKC then other to ORL (via BOS)
HOU
via ATL
OKC
2026
HOU    OKC
HOU pick if HOU conveys 1st to OKC in 2026; OKC pick if HOU does not convey 1st to OKC in 2026
OKC
OKC
Least favorable of DAL, OKC and PHI to MIA then others to HOU and OKC
2027
OKC
Three most favorable of HOU, IND, MIA and OKC to OKC then other to SAN (via HOU to DET; via UTA to SAS)
OKC
Three most favorable of HOU, IND, MIA and OKC to OKC then other to SAN (via HOU to DET; via UTA to SAS)
OKC
PHI    OKC
PHI pick if PHI conveys 1st to OKC by 2027; OKC pick if PHI does not convey 1st to HOU by 2027
2028
OKC
OKC
2029
OKC
OKC
DEN    OKC
DEN pick if DEN conveys 1st to OKC by 2029; OKC pick if DEN does not convey 1st to OKC by 2029
OKC
OKC