Sacramento Kings

Sacramento Kings 2023-24 Salary Cap

Kings 2023-24 Salary Cap

An updated look at the Sacramento Kings 2023 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

2023 NBA Offseason Financial Previews: Brooklyn Nets
Breaking down the upcoming offseason for each 2023-24 NBA team, including cap space figures, free agents, draft pick scenarios, & thoughts on potential trades, exceptions, & plenty more. READ ON
Player Option
Club Option
Non-Guaranteed
Estimate
Player (9) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Cash Remaining
(Guaranteed)
Notes
Fox De'Aaron Fox PG $32,600,060 $32,600,060 - - - $32,600,060 17.68 24.33 $104,545,020
($104,545,020)
Rk Extension / Bird
Sabonis Domantas Sabonis PF $22,000,000 $19,400,000 $2,600,000 - - $22,000,000 11.93 16.42 $19,400,000
($19,400,000)
Acquired via Trade
Huerter Kevin Huerter SG $15,669,643 $15,669,643 - - - $15,669,643 8.50 11.69 $50,491,071
($50,491,071)
Acquired via Trade
Holmes Richaun Holmes C $12,046,020 $12,046,020 - - - $12,046,020 6.53 8.99 $24,922,800
($24,922,800)
Free Agent / Early Bird
Monk Malik Monk SG $9,945,830 $9,945,830 - - - $9,945,830 5.39 7.42 $9,945,830
($9,945,830)
Free Agent / NT-MLE
Murray Keegan Murray PF $8,409,000 $8,409,000 - - - $8,409,000 4.56 6.28 $28,362,653
($8,409,000)
Drafted / Rookie Scale
Mitchell Davion Mitchell PG $5,063,640 $5,063,640 - - - $5,063,640 2.75 3.78 $11,514,717
($0)
Drafted / Rookie Scale
G'teed: $0
Dozier P.J. Dozier PG $2,413,304 $2,413,304 - - - $2,413,304 1.31 1.80 $2,413,304
($0)
RoS / Minimum
G'teed: $0
Edwards Kessler Edwards SF $1,927,896 $1,927,896 - - - $1,927,896 1.05 1.44 $1,927,896
($1,927,896)
Acquired via Trade


2023-24 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Kings 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 (10) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
BarnesHarrison Barnes PF - $27,528,410 Bird
LambJeremy Lamb SG - $15,750,000 Bird
DavisTerence Davis SG - $7,600,000 Bird
LenAlex Len C - $5,094,180 Early Bird
LylesTrey Lyles PF - $3,412,500 Early Bird
BrewerCorey Brewer SG - $1,989,698 Non-Bird
DellavedovaMatthew Dellavedova PG - $1,989,698 Non-Bird
EllisKeon Ellis SF $1,774,999 $1,774,999 Two-Way
QuetaNeemias Queta C $1,774,999 $1,774,999 Two-Way
MetuChimezie Metu C - $1,770,834 Bird
Incomplete Roster Charge 3 spots 3 spots       $2,944,818  
Round 1, Pick #24       $2,693,160  
Round 2, Pick #37       -  
Round 2, Pick #54       -  


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 ($169,000,000) 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 ($169,000,000), 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
$12,221,000 $12,221,000
Bi-Annual
$4,448,000 $4,448,000


2023-24 Luxury Tax Totals

Denotes the Kings 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 $110,075,393
Current Luxury Tax Space $51,924,607


2023-24 Sacramento Kings Salary Cap Totals

The Kings 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 $110,075,393
Cap Holds $74,323,296
Total Cap Allocations $184,398,689
Salary Cap Maximum
2023 NBA Salary Cap Max $134,000,000
Current Cap Space $-50,398,689
"Super Tax" Apron
2023 NBA Super-Tax Apron $179,500,000
Super-Tax Apron Space $69,424,607
Salary Cap Floor
2023 NBA Salary Cap Floor $120,600,000
Current Floor Space $10,524,607
 

2023-24 Practical Cap Space

Available Practical Cap Space: $21,646,223 — $20,664,617

$21,646,223
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.

$20,664,617
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 Neemias Queta 2023-24 Qualifying Offer — Two-Way $1,774,999
6/29/2023 Keon Ellis 2023-24 Qualifying Offer — Two-Way $1,774,999
6/29/2023 Kessler Edwards 2023-24 Club Option $1,927,896
7/10/2023 P.J. Dozier 2023-24 Guaranteed $2,413,304
10/31/2023 Davion Mitchell 2024-25 Club Option $6,451,077
10/31/2023 Keegan Murray 2024-25 Club Option $8,809,560
6/29/2024 Richaun Holmes 2024-25 Player Option $12,876,780
6/29/2024 Kessler Edwards 2024-25 Qualifying Offer $2,409,870
6/30/2024 Davion Mitchell 2025-26 Qualifying Offer $8,741,209
10/31/2024 Keegan Murray 2025-26 Club Option $11,144,093
6/29/2026 Keegan Murray 2026-27 Qualifying Offer $14,699,059




Unsigned Draft Picks

Draft Year Player Age Position Country College
2012 Ilkan Karaman 33 SF TUR
2013 Alex Oriakhi 32 C USA Missouri
2015 Dimitrios Agravanis 28 PF GRC
2015 Luka Mitrovic 30 SF SRB
2017 Aleksandar Vezenkov 27 SF BGR


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
SAC
Top-14 Protected (from ATL)
ATL
15-30
2025
SAC
Top-12 Protected (if not already settled with ATL)
ATL
13-30 (if not already settled)
2026
SAC
Top-10 Protected (if not already settled with ATL)
ATL
11-30 (if not already settled)
2027
SAC
2028
SAC
2029
SAC
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
SAC
SAC
via DET
2025
SAC
SAC
2026
SAC    ATL
SAC pick if SAC conveys 1st to ATL by 2026; ATL pick if SAC does not coney 1st to ATL by 2026
2027
SAC    ATL
SAC pick if SAC conveys 1st to ATL by 2026; ATL pick if SAC does not coney 1st to ATL by 2026
2028
SAC
SAC
2029
SAC