Utah Jazz

Utah Jazz 2023-24 Salary Cap

Jazz 2023-24 Salary Cap

An updated look at the Utah Jazz 2023 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 (14) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Cash Remaining
(Guaranteed)
Notes
Collins John Collins PF $25,340,000 $25,340,000 - - - $25,340,000 19.42 18.63 $78,500,000
($78,500,000)
Acquired via Trade
Clarkson Jordan Clarkson SG $23,487,629 $23,487,629 - $515,491 - $23,487,629 18.00 17.27 $51,865,920
($51,865,920)
Free Agent / Bird
Sexton Collin Sexton PG $17,325,000 $17,325,000 - $500,000 - $17,325,000 13.28 12.74 $54,450,000
($54,450,000)
Acquired via Trade
Markkanen Lauri Markkanen PF $17,259,999 $17,259,999 - - - $17,259,999 13.23 12.69 $35,304,543
($23,259,999)
Acquired via Trade
Horton-Tucker Talen Horton-Tucker SG $11,020,000 $11,020,000 - - - $11,020,000 8.44 8.10 $11,020,000
($11,020,000)
Acquired via Trade
Porter Jr. Otto Porter Jr. SF $6,300,000 $6,300,000 - - - $6,300,000 4.83 4.63 $2,389,655
($6,300,000)
Acquired via Trade
Lewis Jr. Kira Lewis Jr. PG $5,722,116 $5,722,116 - - - $5,722,116 4.38 4.21 $2,170,458
($5,722,116)
Acquired via Trade
Hendricks Taylor Hendricks PF $5,569,920 $5,569,920 - - - $5,569,920 4.27 4.09 $25,351,580
($11,418,600)
Drafted / Rookie Scale
George Keyonte George SG $3,889,800 $3,889,800 - - - $3,889,800 2.98 2.86 $18,816,885
($7,974,000)
Drafted / Rookie Scale
Kessler Walker Kessler C $2,831,160 $2,831,160 - - - $2,831,160 2.17 2.08 $10,676,018
($5,797,080)
Drafted / Rookie Scale
Yurtseven Omer Yurtseven C $2,800,000 $2,800,000 - - - $2,800,000 2.15 2.06 $5,460,000
($2,800,000)
Free Agent / Space
Dunn Kris Dunn PG $2,586,665 $2,586,665 - - - $2,586,665 1.98 1.90 $2,586,665
($2,586,665)
RoS / NT-MLE
Sensabaugh Brice Sensabaugh SF $2,448,600 $2,448,600 - - - $2,448,600 1.88 1.80 $12,576,077
($5,020,080)
Drafted / Rookie Scale
Samanic Luka Samanic PF $2,066,585 $2,066,585 - - - $2,066,585 1.58 1.52 $2,066,585
($2,066,585)
RoS / NT-MLE


2023-24 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 (3) Pos.
JuzangJohnny Juzang SG          
PotterMicah Potter C          
PrestonJason Preston PG          


2023-24 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 (1) Pos. Base Salary Likely
Incent.
Unlikely
Incent.
Trade Bonus Cap Figure Cap % Notes
KnoxKevin Knox SF $2,144,320 - - - $1,845,594 1.41 Waived


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.

Room Mid-Level Exception Details is awarded annually to teams who are below the cap (eliminating the NTMLE/TMLE/BAE) and 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
Room
$7,723,000 $7,723,000


2023-24 Luxury Tax Totals

Denotes the Jazz 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 $165,294,000
Total Taxable Salaries $130,493,068
Current Luxury Tax Space $34,800,932


2023-24 Utah Jazz Salary Cap Totals

This team is currently "hard-capped", which means their Total Taxable Salaries may not exceed $172,346,000 at any point during the season.

Cap Type Cap Total
Active Roster Cap $128,647,474
Dead Money $1,845,594
Total Cap Allocations $130,493,068
Salary Cap Maximum
2023 NBA Salary Cap Max $136,021,000
Current Cap Space $5,527,932
Salary Hard-Cap
2023 NBA First Apron ("Hard-Cap") $172,346,000
Total First Apron Salaries $131,508,559
First Apron Space $40,837,441
Second Apron
2023 NBA Second Apron $182,794,000
Second Apron Space $51,285,441
Salary Cap Floor
2023 NBA Salary Cap Floor $122,418,900
Current Floor Space $-8,074,168
 

2023-24 Practical Cap Space

Available Practical Cap Space: $27,895,998 — $7,373,526

$27,895,998
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.

$7,373,526
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
6/29/2024 Kira Lewis Jr. 2024-25 Qualifying Offer $7,913,687
6/29/2024 Jason Preston 2024-25 Qualifying Offer — Two-Way $1,867,722
6/29/2024 Johnny Juzang 2024-25 Qualifying Offer $1,867,722
6/29/2024 Lauri Markkanen 2024-25 Guaranteed — later of 1 day after 2024 NBA Draft or 2 days prior to start of 2024 Moratorium $18,044,544
6/29/2024 Simone Fontecchio 2024-25 Qualifying Offer $3,806,090
6/29/2024 Micah Potter 2024-25 Qualifying Offer $1,867,722
10/31/2024 Keyonte George 2025-26 Club Option $4,278,960
10/31/2024 Walker Kessler 2025-26 Club Option $4,878,938
10/31/2024 Brice Sensabaugh 2025-26 Club Option $2,693,760
10/31/2024 Taylor Hendricks 2025-26 Club Option $6,127,080
1/10/2025 Omer Yurtseven 2024-25 Guaranteed $2,660,000
6/30/2025 John Collins 2025-26 Player Option $26,580,000
10/31/2025 Taylor Hendricks 2026-27 Club Option $7,805,900
10/31/2025 Brice Sensabaugh 2026-27 Club Option $4,862,237
10/31/2025 Keyonte George 2026-27 Club Option $6,563,925
6/29/2026 Walker Kessler 2026-27 Qualifying Offer $7,064,702
6/29/2027 Brice Sensabaugh 2027-28 Qualifying Offer $7,730,957
6/29/2027 Keyonte George 2027-28 Qualifying Offer $9,878,708
6/29/2027 Taylor Hendricks 2027-28 Qualifying Offer $11,357,585




Unsigned Draft Picks

Draft Year Player Age Position Country College
2022 Gabriele Procida 21 SG ITA
2003 Mario Austin 42 F USA Mississippi State
2002 Peter Fehse 40 F DEU


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
UTA
Top-10 Protected (from OKC)
OKC
Least favorable of HOU 5-30, LAC, OKC and UTA 11-30 to IND then others to OKC
2025
UTA
UTA
UTA
Top-10 Protected (if not already settled with OKC)
OKC
11-30 (if not already settled)
2026
CLE    UTA
UTH right to swap with CLE
MIN    UTA
UTH right to swap with MIN
UTA
Top-8 Protected (if not already settled with OKC Or MIN via UTA swap for MIN) OR swap with CLE
OKC
9-30 (if not already settled)
2027
UTA
LAL
Top-4 Protected
UTA
5-30
UTA
UTA
2028
CLE    UTA
UTH right to swap with CLE
UTA    CLE
UTH right to swap with CLE
2029
UTA
MIN
Top-5 Protected
UTA
6-30
UTA
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
NYK
More favorable of CLE and UTA to NYK then other to IND or LAC ((via UTA swap for CLE) via CLE)
2025
MIN
2026
SAS
vai MIN
2027
LAL    UTA
LAL pick if LAL conveys 1st to UTH in 2027; UTH pick if LAL does not convey 1st to UTH in 2027
IND
via CLE
2028
OKC
2029
MIN    UTA
MIN pick if MIN conveys 1st to UTA in 2029; UTA pick if MIN does not convey 1st to UTA in 2029
UTA