Orlando Magic
Orlando Magic 2022-23 Salary Cap
Magic 2022-23 Salary Cap
An updated look at the Orlando Magic 2022 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.
| Player (15) | Pos. | Cap Figure | Base Salary |
Likely Incent. |
Unlikely Incent. |
Trade Bonus |
Cap Figure |
Cap % Team |
Cap % League |
Cash Remaining (Guaranteed) |
Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jonathan Isaac | PF | $17,400,000 | $17,400,000 | - | $2,600,000 | - | $17,400,000 | 12.58 | 14.07 |
$52,200,000
($25,000,000)
|
Rk Extension
/ Bird
SEI-Adductor
|
| Markelle Fultz | PG | $16,500,000 | $16,500,000 | - | $1,000,000 | - | $16,500,000 | 11.93 | 13.34 |
$33,500,000
($18,500,000)
|
Rk Extension / Bird |
| Wendell Carter Jr. | C | $14,150,000 | $14,150,000 | - | - | - | $14,150,000 | 10.23 | 11.44 |
$50,000,000
($50,000,000)
|
Rk Extension / Bird |
| Gary Harris | SG | $13,000,000 | $13,000,000 | - | - | - | $13,000,000 | 9.40 | 10.51 |
$26,000,000
($13,000,000)
|
Vet Extension / Bird |
| Paolo Banchero | PF | $11,055,120 | $11,055,120 | - | - | - | $11,055,120 | 7.99 | 8.94 |
$50,158,769
($22,663,200)
|
Drafted / Rookie Scale |
| Jalen Suggs | SG | $6,922,320 | $6,922,320 | - | - | - | $6,922,320 | 5.00 | 5.60 |
$23,362,785
($14,174,400)
|
Drafted / Rookie Scale |
| Franz Wagner | SF | $5,258,280 | $5,258,280 | - | - | - | $5,258,280 | 3.80 | 4.25 |
$17,774,092
($10,767,000)
|
Drafted / Rookie Scale |
| Cole Anthony | PG | $3,613,680 | $3,613,680 | - | - | - | $3,613,680 | 2.61 | 2.92 |
$9,153,451
($9,153,451)
|
Drafted / Rookie Scale |
| Chuma Okeke | PF | $3,433,320 | $3,433,320 | - | - | - | $3,433,320 | 2.48 | 2.78 |
$8,700,033
($8,700,033)
|
Drafted / Rookie Scale |
| Bol Bol | PF | $2,200,000 | $2,200,000 | - | - | - | $2,200,000 | 1.59 | 1.78 |
$4,400,000
($2,200,000)
|
Free Agent / Bird |
| Caleb Houstan | SF | $2,000,000 | $2,000,000 | - | - | - | $2,000,000 | 1.45 | 1.62 |
$8,207,398
($4,000,000)
|
Drafted / NT-MLE |
| Moritz Wagner | C | $1,878,720 | $1,878,720 | - | - | - | $1,878,720 | 1.36 | 1.52 |
$1,878,720
($1,878,720)
|
Free Agent / Minimum |
| Michael Carter-Williams | PG | $652,829 | $652,829 | - | - | - | $652,829 | 0.47 | 0.53 |
$3,703,973
($652,829)
|
RoS / Minimum |
| Goga Bitadze | C | $590,926 | $612,181 | - | - | - | $590,926 | 0.43 | 0.48 |
$2,678,766
($612,181)
|
RoS / Minimum |
| Admiral Schofield | SF | $506,508 | $506,508 | - | - | - | $506,508 | 0.37 | 0.41 |
$2,503,746
($506,508)
|
RoS / Minimum |
2022-23 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. | |||||
|---|---|---|---|---|---|---|
| Kevon Harris | SF | |||||
| Jay Scrubb | SG |
2022-23 Dead/Retained Cap
Cap breakdowns for players who have been released or served 10-day contracts. All count against the team's Total Cap Allocations.
| Player (3) | Pos. | Base Salary | Likely Incent. |
Unlikely Incent. |
Trade Bonus | Cap Figure | Cap % | Notes |
|---|---|---|---|---|---|---|---|---|
| Patrick Beverley | PG | $13,000,000 | - | - | - | $13,000,000 | 9.40 | Waived |
| Terrence Ross | SG | $10,581,484 | - | - | - | $10,581,484 | 7.65 | Waived |
| RJ Hampton | PG | $2,412,840 | - | - | - | $2,412,840 | 1.74 | Waived |
2022-23 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 (6) | Pos. | Qualifying Offer | Likely Incent. | Unlikely Incent. | Trade Kicker | Cap Figure | Rights |
|---|---|---|---|---|---|---|---|
| Fran Vazquez | C | - | $4,569,840 | 1st Round Rookie Scale | |||
| Arron Afflalo | SG | - | $1,836,090 | Non-Bird | |||
| Marreese Speights | PF | - | $1,836,090 | Non-Bird | |||
| Ignas Brazdeikis | SF | - | $1,637,966 | Two-Way | |||
| Vic Law | SG | - | $1,637,966 | Two-Way | |||
| Sindarius Thornwell | SG | - | $1,637,966 | Two-Way |
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.
Non-Taxpayer Mid-Level Exception Details is awarded annually to teams who are above the cap but below the Luxury Tax Apron ($156,983,000) and can be used for contracts up to 4 years in length.
Bi-Annual Exception Details is available to any teams who are below the Luxury Tax Apron ($156,983,000), and did not use this exception in the previous season. It 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 |
|---|---|---|---|
|
Non-Taxpayer Mid-Level |
Caleb Houstan
($2,000,000) |
$10,490,000 | $8,490,000 |
|
Bi-Annual |
$4,105,000 | $4,105,000 |
2022-23 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 | |
|---|---|---|
| 2022 NBA Luxury Tax Threshold | $150,267,000 | |
| Total Taxable Salaries | $124,994,987 | |
| Current Luxury Tax Space | $25,272,013 | |
2022-23 Orlando Magic Salary Cap Totals
This team is currently "hard-capped", which means their Total Taxable Salaries may not exceed $156,983,000 at any point during the season.
| Cap Type | Cap Total |
|---|---|
| Active Roster Cap | $99,161,703 |
| Dead Money | $25,994,324 |
| Cap Holds | $13,155,918 |
| Total Cap Allocations | $138,311,945 |
| Salary Cap Maximum | |
| 2022 NBA Salary Cap Max | $123,655,000 |
| Current Cap Space | $-14,656,945 |
| Salary Hard-Cap | |
| 2022 NBA Hard-Cap ("Luxury Tax Apron") | $156,983,000 |
| Total Hard-Cap Salaries | $128,594,987 |
| Hard-Cap Space | $28,388,013 |
2022-23 Practical Cap Space
| Available Practical Cap Space: | $-1,501,027 — $24,493,297 |
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.
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 | Kevon Harris | 2023-24 Qualifying Offer — Two-Way | $1,761,752 |
| 6/30/2023 | Bol Bol | 2023-24 Guaranteed | $2,200,000 |
| 6/30/2023 | Admiral Schofield | 2023-24 Club Option | $1,997,238 |
| 6/30/2023 | Michael Carter-Williams | 2023-24 Club Option | $3,051,144 |
| 6/30/2023 | Cole Anthony | 2024-25 Qualifying Offer | $7,744,600 |
| 6/30/2023 | Gary Harris | 2023-24 Guaranteed | $13,000,000 |
| 7/01/2023 | Markelle Fultz | 2023-24 Guaranteed | $17,000,000 |
| 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 |
| 6/30/2024 | 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 |