Player (14)	Pos.	Cap Figure	Base Salary	Likely Incent.	Unlikely Incent.	Trade Bonus	Cap Figure	Cap % Team	Cap % League	Cash Remaining (Guaranteed)	Notes
Isaac Jonathan Isaac	PF	$17,400,000	$17,400,000	-	$2,600,000	-	$17,400,000	12.91	12.99	$34,800,000 ($7,600,000)	Rk Extension / Bird G'teed: $7,600,000
Fultz Markelle Fultz	PG	$17,000,000	$17,000,000	-	$1,000,000	-	$17,000,000	12.62	12.69	$17,000,000 ($2,000,000)	Rk Extension / Bird G'teed: $2,000,000
Carter Jr. Wendell Carter Jr.	C	$13,050,000	$13,050,000	-	-	-	$13,050,000	9.68	9.74	$35,850,000 ($35,850,000)	Rk Extension / Bird
Harris Gary Harris	SG	$13,000,000	$13,000,000	-	-	-	$13,000,000	9.65	9.70	$13,000,000 ($0)	Vet Extension / Bird G'teed: $0
Banchero Paolo Banchero	PF	$11,608,080	$11,608,080	-	-	-	$11,608,080	8.61	8.66	$39,103,649 ($11,608,080)	Drafted / Rookie Scale
Suggs Jalen Suggs	SG	$7,252,080	$7,252,080	-	-	-	$7,252,080	5.38	5.41	$16,440,465 ($7,252,080)	Drafted / Rookie Scale
Anthony Cole Anthony	PG	$5,539,771	$5,539,771	-	-	-	$5,539,771	4.11	4.13	$5,539,771 ($5,539,771)	Drafted / Rookie Scale
Wagner Franz Wagner	SF	$5,508,720	$5,508,720	-	-	-	$5,508,720	4.09	4.11	$12,515,812 ($5,508,720)	Drafted / Rookie Scale
Okeke Chuma Okeke	PF	$5,266,713	$5,266,713	-	-	-	$5,266,713	3.91	3.93	$5,266,713 ($5,266,713)	Drafted / Rookie Scale
Carter-Williams Michael Carter-Williams	PG	$3,051,144	$3,051,144	-	-	-	$3,051,144	2.26	2.28	$3,051,144 ($3,051,144)	RoS / Minimum
Bol Bol Bol	PF	$2,200,000	$2,200,000	-	-	-	$2,200,000	1.63	1.64	$2,200,000 ($0)	Free Agent / Bird G'teed: $0
Bitadze Goga Bitadze	C	$2,066,585	$2,066,585	-	-	-	$2,066,585	1.53	1.54	$2,066,585 ($2,066,585)	RoS / Minimum
Houstan Caleb Houstan	SF	$2,000,000	$2,000,000	-	-	-	$2,000,000	1.48	1.49	$6,207,398 ($2,000,000)	Drafted / NT-MLE
Schofield Admiral Schofield	SF	$1,997,238	$1,997,238	-	-	-	$1,997,238	1.48	1.49	$1,997,238 ($1,997,238)	RoS / Minimum

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/Tax Allocations.

Player (2)	Pos.
HarrisKevon Harris	SG
ScrubbJay Scrubb	SG

2023-24 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Magic 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
VazquezFran Vazquez	C	-				$4,570,080	1st Round Rookie Scale
AfflaloArron Afflalo	SG	-				$1,989,698	Non-Bird
SpeightsMarreese Speights	PF	-				$1,989,698	Non-Bird
WagnerMoritz Wagner	C	-				$1,855,319	Bird
BrazdeikisIgnas Brazdeikis	SF	-				$1,774,999	Two-Way
LawVic Law	SG	-				$1,774,999	Two-Way
ThornwellSindarius Thornwell	SG	-				$1,774,999	Two-Way
Round 1, Pick #6						$7,137,840
Round 1, Pick #11						$4,952,160
Round 2, Pick #36						-

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.

Type	Reason (Used On)	Original	Available
Room		$7,609,000	$7,609,000

2023-24 Luxury Tax Totals

Denotes the Magic 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		$106,940,331
Current Luxury Tax Space		$55,059,669

2023-24 Orlando Magic Salary Cap Totals

The Magic 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	Total
Active Roster Cap	$106,940,331
Cap Holds	$27,819,792
Total Salaries	$134,760,123
2023 NBA Salary Cap Max	$134,000,000
Actual Cap Max Space	$-760,123
2023 NBA Salary Cap Floor	$120,600,000
Cap Floor Space	$13,659,669

Cap Type	Cap Total
Active Roster Cap	$106,940,331
Cap Holds	$27,819,792
Total Cap Allocations	$134,760,123
Salary Cap Maximum
2023 NBA Salary Cap Max	$134,000,000
Current Cap Space	$-760,123
"Super Tax" Apron
2023 NBA Super-Tax Apron	$179,500,000
Super-Tax Apron Space	$68,959,669
Salary Cap Floor
2023 NBA Salary Cap Floor	$120,600,000
Current Floor Space	$13,659,669

 

2023-24 Practical Cap Space

Available Practical Cap Space:

$59,139,818 — $57,176,606

$59,139,818

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.

$57,176,606

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	Admiral Schofield	2023-24 Club Option	$1,997,238
6/29/2023	Michael Carter-Williams	2023-24 Club Option	$3,051,144
6/30/2023	Bol Bol	2023-24 Guaranteed	$2,200,000
6/30/2023	Cole Anthony	2024-25 Qualifying Offer	$7,744,600
6/30/2023	Markelle Fultz	2023-24 Guaranteed	$17,000,000
6/30/2023	Gary Harris	2023-24 Guaranteed	$13,000,000
10/31/2023	Franz Wagner	2024-25 Club Option	$7,007,092
10/31/2023	Paolo Banchero	2024-25 Club Option	$12,160,800
10/31/2023	Jalen Suggs	2024-25 Club Option	$9,188,385
1/10/2024	Jonathan Isaac	2023-24 Guaranteed	$17,400,000
6/29/2024	Kevon Harris	2024-25 Qualifying Offer — Two-Way	$1,923,495
6/29/2024	Jay Scrubb	2024-25 Qualifying Offer	$1,923,495
6/30/2024	Franz Wagner	2025-26 Qualifying Offer	$9,445,561
6/30/2024	Caleb Houstan	2024-25 Guaranteed	$2,019,699
6/30/2024	Chuma Okeke	2024-25 Qualifying Offer	$7,399,732
6/30/2024	Jalen Suggs	2025-26 Qualifying Offer	$12,183,799
10/31/2024	Paolo Banchero	2025-26 Club Option	$15,334,769
1/10/2025	Jonathan Isaac	2024-25 Guaranteed	$17,400,000
6/29/2025	Caleb Houstan	2025-26 Club Option — non-guaranteed
6/30/2025	Caleb Houstan	2025-26 Guaranteed	$2,187,699
6/29/2026	Paolo Banchero	2026-27 Qualifying Offer	$19,935,200

Unsigned Draft Picks

Draft Year	Player	Age	Position	Country	College
2013	Janis Timma	30	SF	LVA
2005	Fran Vazquez	40	C	ESP
2018	Justin Jackson	26	SF	CAN	Maryland
1995	Rashard Griffith	48	C	USA	Wisconsin
2003	Remon van de Hare	41	C	NLD

Future Draft Picks

• Round 1
• Round 2