Phoenix Suns

Phoenix Suns 2022-23 Salary Cap

Suns 2022-23 Salary Cap

An updated look at the Phoenix Suns 2022 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

Suns – The Athletic

Player Option
Club Option
Non-Guaranteed
Estimate
Player (9) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap Figure Cap % Cash Remaining
(Guaranteed)
Notes
Booker Devin Booker SG $33,833,400 $33,833,400 - - - $33,833,400 17.95 $69,849,600
($69,849,600)
Rk Extension / Bird
Paul Chris Paul PG $28,400,000 $28,400,000 - - - $28,400,000 15.07 $89,200,000
($44,200,000)
Free Agent / Bird
Bridges Mikal Bridges SF $21,000,000 $21,000,000 - - - $21,000,000 11.14 $90,900,000
($90,900,000)
Rk Extension / Bird
Crowder Jae Crowder SF $10,183,800 $10,183,800 - - - $10,183,800 5.40 $10,183,800
($10,183,800)
Free Agent / NT-MLE
Shamet Landry Shamet PG $9,500,000 $9,500,000 - - - $9,500,000 5.04 $42,500,000
($19,750,000)
Rk Extension / Bird
Saric Dario Saric PF $9,240,000 $9,240,000 - - - $9,240,000 4.90 $9,240,000
($9,240,000)
Free Agent / Bird
Payne Cameron Payne PG $6,000,000 $6,000,000 - - - $6,000,000 3.18 $12,500,000
($8,000,000)
Free Agent / Early Bird
Johnson Cameron Johnson SF $5,887,899 $5,887,899 - - - $5,887,899 3.12 $5,887,899
($5,887,899)
Drafted / Rookie Scale
Craig Torrey Craig SF $5,121,951 $5,121,951 - - - $5,121,951 2.72 $5,121,951
($5,121,951)
Acquired via Trade


2022-23 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Suns 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
AytonDeandre Ayton C $16,422,835 $31,582,376 Restricted Bird
HolidayAaron Holiday PG $5,791,702 $11,941,653 Restricted Bird
McGeeJaVale McGee C - $6,000,000 Non-Bird
WainrightIshmail Wainright G $1,816,044 $1,816,044 Restricted Non-Bird
BiyomboBismack Biyombo C - $1,766,970 Non-Bird
PaytonElfrid Payton PG - $1,766,970 Non-Bird
LundbergGabriel Lundberg G $1,602,798 $1,602,798 Two-Way
Incomplete Roster Charge 3 spots 3 spots       $2,859,036  


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 ($155,196,200) 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 ($155,196,200), and did not use this exception in the previous season. It can be used for contracts up to 2 years in length.

Type Amount (Remaining) Reason/Notes Expire Date
Non-Taxpayer Mid-Level Exception $10,264,000
($10,264,000)
Bi-Annual Exception $4,017,000
($4,017,000)


2022-23 Luxury Tax Totals

Denotes the Suns 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 $149,000,000
Total Taxable Salaries $129,167,050
Current Luxury Tax Space $19,832,950


2022-23 Phoenix Suns Salary Cap Totals

The Suns 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 $129,167,050
Cap Holds $59,335,847
Total Cap Allocations $188,502,897
Salary Cap Maximum
2022 NBA Salary Cap Max $122,000,000
Current Cap Space $-66,502,897
 

2022-23 Practical Cap Space

Available Practical Cap Space: $-60,225,019 — $-10,026,086

$-60,225,019
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.

$-10,026,086
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
2022-23
10/31/2022 Jalen Smith 2023-24 Club Option $5,954,454
06/28/2023 Chris Paul 2023-24 Guaranteed $30,800,000
06/29/2023 Cameron Payne 2023-24 Guaranteed $6,500,000
06/30/2023 Cameron Johnson 2023-24 Qualifying Offer $8,060,534
2023-24
06/24/2024 Landry Shamet 2024-25 Guaranteed $11,000,000
06/28/2024 Chris Paul 2024-25 Guaranteed $30,000,000
2024-25
06/29/2025 Landry Shamet 2025-26 Club Option $11,750,000