Kenneth Lofton Jr.

Utah Jazz, Power Forward
Age: 21-321d (Aug 14, 2002)
Exp: 2 Years
Country: US
College: Louisiana Tech
Agent(s): Nate Daniels
2024-25 Cap Hit

$2,120,693

2024-25 Cash

$4,140,392

Career Earnings

$3,219,864

2023-2025 rest-of-season (CURRENT)

Kenneth Lofton Jr. signed a 3 year , $4,922,280 contract with the Utah Jazz, including $500,000 guaranteed, and an average annual salary of $1,640,760. In 2024-25, Lofton Jr. will earn a base salary of $2,120,693, while carrying a cap hit of $2,120,693.
Contract Terms:
3 yr(s) / $4,922,280
Average Salary:
$1,640,760
GTD at Sign:
$500,000
Total GTD:
$500,000
Signed Using:
room-mid-level-exception
Free Agent:
2026 / UFA
Year Age Cap HitAnnual Cap % League Cap Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2023-24 21 $500,000 0.37% $500,000 0.30% $500,000 $500,000
2024-25 22 $2,120,693 1.50% $2,120,693 1.24% $2,120,693 $2,620,693
2025-26 23 $2,301,587 1.48% $2,301,587 1.22% $2,301,587 $4,922,280
2026-27 24
UFA
Year Age Base Salary Incentives Likely Incentives Unlikely Cap Hit Cap % League Cap Luxury Tax
2023-24 21 $500,000 - - $500,000 0.37% $500,000
2024-25 22 $2,120,693 - - $2,120,693 1.50% $2,120,693
2025-26 23 $2,301,587 - - $2,301,587 1.48% $2,301,587
2026-27 24
UFA
Year Age Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2023-24 21 $500,000 $500,000 $500,000 $500,000 $1,640,760
2024-25 22 $2,120,693 $2,120,693 $2,620,693 $1,310,347 $2,211,140
2025-26 23 $2,301,587 $2,301,587 $4,922,280 $1,640,760 $2,301,587
Contract Notes
  • 2024-25: non-guaranteed, $400,000 guaranteed 7/25/24, $600,000 guaranteed Opening Night, fully guaranteed 1/10/25
  • 2025-26: Club Option/non-guaranteed, $434,120 guaranteed 7/25/25, $651,180 guaranteed Opening Night, fully guaranteed 1/10/26
Source: Spotrac

2023-2023 two-way

Kenneth Lofton Jr. signed a 1 year contract with the Memphis Grizzlies.
Contract Terms:
1 yr(s)
GTD at Sign:
Total GTD:
Signed Using:
Free Agent:
2024 / RFA
To see the rest of the Kenneth Lofton Jr.'s contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here

2022-2025 rest-of-season

Kenneth Lofton Jr. signed a 4 year , $6,927,014 contract with the Memphis Grizzlies, including $2,719,864 guaranteed, and an average annual salary of $1,731,754. In 2024-25, Lofton Jr. will earn a base salary of $2,019,699, while carrying a cap hit of $2,019,699.
Contract Terms:
4 yr(s) / $6,927,014
Average Salary:
$1,731,754
GTD at Sign:
$2,719,864
Total GTD:
$2,719,864
Signed Using:
non-taxpayer-mid-level-exception
Free Agent:
2026 / UFA
To see the rest of the Kenneth Lofton Jr.'s contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here

2022-2022 two-way

Kenneth Lofton Jr. signed a 1 year contract with the Memphis Grizzlies.
Contract Terms:
1 yr(s)
GTD at Sign:
Total GTD:
Signed Using:
Free Agent:
2023 / RFA
To see the rest of the Kenneth Lofton Jr.'s contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here
Career Earnings thru 2024

$3,219,864

Career Earnings w/ Different Teams

2 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2022 20
Active
$1,000,000
$1,000,000
2023 21
Retained
Active
$1,719,864
$500,000
$2,719,864
$3,219,864
Total      
$3,219,864
$2,719,864
$3,219,864
2024 22
Active
$2,120,693
2025 23
Active
$2,301,587
Total
$7,642,144
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2022
20
$1,000,000
$1,000,000
$1,000,000
2023
21
$1,719,864
$500,000
$1,719,864
$500,000
$2,719,864
$3,219,864
Total
$3,219,864
$3,219,864
$2,719,864
$3,219,864
2024
22
$2,120,693
$2,120,693
2025
23
$2,301,587
$2,301,587
Total
$7,642,144
$7,642,144

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
2 $2,719,864 - - $2,719,864
1 $500,000 - - $500,000

Injuries

Year Dates Games Missed Reason
2023-24 PHI Jan 12, 2024 - Jan 19, 2024 6 Shoulder
2023-24 PHI Jan 21, 2024 - Jan 24, 2024 1 Shoulder
2023-24 PHI Jan 25, 2024 - Feb 06, 2024 7 Personal
  • Mar 11, 2024 Signed a 3 year $4.92 million Rest-of-Season contract with Utah (UTA) - includes 2025-26 Club Option
  • Mar 01, 2024 Waived by Philadelphia (PHI)
  • Dec 23, 2023 Signed a Two-Way contract with Philadelphia (PHI)
  • Dec 18, 2023 Waived by Memphis (MEM)
  • Apr 08, 2023 Memphis (MEM) terminated Two-Way contract
  • Apr 08, 2023 Signed a 4 year $6.92 million Rest-of-Season contract with Memphis (MEM) - includes 2024-25 non-guaranteed and 2025-26 Club Option
  • Jul 02, 2022 Signed a Two-Way contract with Memphis (MEM)
Year Team GP GS Min/Gm Pt/Gm Reb/Gm Ast/Gm Stl/Gm Blk/Gm FG% 3PT% FT%
2023 UTA 21 9.4 4.6 1.8 1.6 0.3 0.2 .462 .292 .654
2022 MEM 24 1 7.3 5.0 2.1 0.8 0.2 0.1 .527 .353 .593
Top