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 Option
Club Option
Non-Guaranteed
Estimate
Player (15) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Notes
Isaac Jonathan Isaac PF $17,400,000 $17,400,000 - $2,600,000 - $17,400,000 12.58 14.07 Rk Extension / Bird
SEI-Adductor
Fultz Markelle Fultz PG $16,500,000 $16,500,000 - $1,000,000 - $16,500,000 11.93 13.34 Rk Extension / Bird
Carter Jr. Wendell Carter Jr. C $14,150,000 $14,150,000 - - - $14,150,000 10.23 11.44 Rk Extension / Bird
Harris Gary Harris SG $13,000,000 $13,000,000 - - - $13,000,000 9.40 10.51 Vet Extension / Bird
Banchero Paolo Banchero PF $11,055,120 $11,055,120 - - - $11,055,120 7.99 8.94 Drafted / Rookie Scale
Suggs Jalen Suggs SG $6,922,320 $6,922,320 - - - $6,922,320 5.00 5.60 Drafted / Rookie Scale
Wagner Franz Wagner SF $5,258,280 $5,258,280 - - - $5,258,280 3.80 4.25 Drafted / Rookie Scale
Anthony Cole Anthony PG $3,613,680 $3,613,680 - - - $3,613,680 2.61 2.92 Drafted / Rookie Scale
Okeke Chuma Okeke PF $3,433,320 $3,433,320 - - - $3,433,320 2.48 2.78 Drafted / Rookie Scale
Bol Bol Bol PF $2,200,000 $2,200,000 - - - $2,200,000 1.59 1.78 Free Agent / Bird
Houstan Caleb Houstan SF $2,000,000 $2,000,000 - - - $2,000,000 1.45 1.62 Drafted / NT-MLE
Wagner Moritz Wagner C $1,878,720 $1,878,720 - - - $1,878,720 1.36 1.52 Free Agent / Minimum
Carter-Williams Michael Carter-Williams PG $652,829 $652,829 - - - $652,829 0.47 0.53 RoS / Minimum
Bitadze Goga Bitadze C $590,926 $612,181 - - - $590,926 0.43 0.48 RoS / Minimum
Schofield Admiral Schofield SF $506,508 $506,508 - - - $506,508 0.37 0.41 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.
HarrisKevon Harris SG          
ScrubbJay 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
BeverleyPatrick Beverley PG $13,000,000 - - - $13,000,000 9.40 Waived
RossTerrence Ross SG $10,581,484 - - - $10,581,484 7.65 Waived
HamptonRJ 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
VazquezFran Vazquez C - $4,569,840 1st Round Rookie Scale
AfflaloArron Afflalo SG - $1,836,090
SpeightsMarreese Speights PF - $1,836,090 Non-Bird
BrazdeikisIgnas Brazdeikis SF - $1,637,966 Two-Way
LawVic Law SG - $1,637,966 Two-Way
ThornwellSindarius 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 First Apron ("Hard-Cap") $156,983,000
Total First Apron Salaries $128,594,987
First Apron Space $28,388,013




Deadlines

Deadline Date Player Type Value
6/29/2024 Cole Anthony 2024-25 Qualifying Offer $7,744,600
6/29/2024 Admiral Schofield 2024-25 Qualifying Offer — Two-Way $2,244,249
6/29/2024 Moritz Wagner 2024-25 Club Option $8,000,000
6/29/2024 Joe Ingles 2024-25 Club Option $11,000,000
6/29/2024 Trevelin Queen 2024-25 Qualifying Offer — Two-Way $1,867,722
6/29/2024 Kevon Harris 2024-25 Qualifying Offer — Two-Way $2,093,637
6/29/2024 Chuma Okeke 2024-25 Qualifying Offer $7,399,732
6/29/2024 Franz Wagner 2025-26 Qualifying Offer $9,445,561
6/30/2024 Caleb Houstan 2024-25 Guaranteed $2,019,699
10/31/2024 Anthony Black 2025-26 Club Option $7,970,280
10/31/2024 Jett Howard 2025-26 Club Option $5,529,720
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
6/29/2025 Jalen Suggs 2025-26 Qualifying Offer $12,183,799
6/30/2025 Caleb Houstan 2025-26 Guaranteed $2,187,699
10/31/2025 Anthony Black 2026-27 Club Option $10,106,316
10/31/2025 Jett Howard 2026-27 Club Option $7,337,939
6/29/2026 Cole Anthony 2026-27 Club Option $13,100,000
6/29/2026 Paolo Banchero 2026-27 Qualifying Offer $19,935,200
6/29/2027 Jett Howard 2027-28 Qualifying Offer $10,779,433
6/29/2027 Anthony Black 2027-28 Qualifying Offer $14,492,458




Unsigned Draft Picks

Draft Year Player Age Position Country College
2013 Janis Timma 31 SF LVA
2005 Fran Vazquez 40 C ESP
2018 Justin Jackson 27 SF CAN Maryland
1995 Rashard Griffith 49 C USA Wisconsin
2003 Remon van de Hare 41 C NLD


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
ORL
2025
DEN
Top-5 Protected
ORL
6-30
ORL
2026
DEN
Top-5 Protected (if not already settled with ORL)
ORL
6-30 (if not already settled)
ORL
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)
ORL
2028
ORL
2029
ORL
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
ORL
2025
ORL
Less favorable of Boston and Memphis to ORL then other to OKC
ORL
2026
ORL
Two most favorable of DET, MIL and ORL to ORL then other to PHX (via DET to LAC to DET)
ORL
Two most favorable of DET, MIL and ORL to ORL then other to BKN ((via DET to LAC to DET) via ORL to PHX)
2027
ORL
ORL
2028
ORL
ORL
More favorable of LAL and WAS to ORL then other to WAS
2029
ORL