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 (13) | Pos. | Cap Figure | Base Salary |
Likely Incent. |
Unlikely Incent. |
Trade Bonus |
Cap Figure |
Cap % Team |
Cap % League |
Cash Remaining (Guaranteed) |
Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Collin Sexton | PG | $17,325,000 | $17,325,000 | - | $500,000 | - | $17,325,000 | 11.72 | 12.93 |
$54,450,000
($54,450,000)
|
Acquired via Trade |
| Lauri Markkanen | PF | $17,259,999 | $17,259,999 | - | - | - | $17,259,999 | 11.67 | 12.88 |
$35,304,543
($23,259,999)
|
Acquired via Trade |
| Jordan Clarkson | SG | $14,260,000 | $14,260,000 | - | - | - | $14,260,000 | 9.64 | 10.64 |
$14,260,000
($14,260,000)
|
Free Agent / Bird |
| Kelly Olynyk | PF | $12,195,122 | $12,195,122 | - | - | - | $12,195,122 | 8.25 | 9.10 |
$12,195,122
($3,000,000)
|
Acquired via Trade
G'teed: $3,000,000
|
| Talen Horton-Tucker | SG | $11,020,000 | $11,020,000 | - | - | - | $11,020,000 | 7.45 | 8.22 |
$11,020,000
($11,020,000)
|
Acquired via Trade |
| Rudy Gay | PF | $6,479,000 | $6,479,000 | - | - | - | $6,479,000 | 4.38 | 4.84 |
$6,479,000
($6,479,000)
|
Free Agent / T-MLE |
| Ochai Agbaji | SF | $4,114,200 | $4,114,200 | - | - | - | $4,114,200 | 2.78 | 3.07 |
$14,808,005
($4,114,200)
|
Acquired via Trade |
| Simone Fontecchio | SF | $3,044,872 | $3,044,872 | - | - | - | $3,044,872 | 2.06 | 2.27 |
$3,044,872
($3,044,872)
|
Free Agent / NT-MLE |
| Walker Kessler | C | $2,831,160 | $2,831,160 | - | - | - | $2,831,160 | 1.91 | 2.11 |
$10,676,018
($2,831,160)
|
Drafted / Rookie Scale |
| Damian Jones | C | $2,586,665 | $2,586,665 | - | - | - | $2,586,665 | 1.75 | 1.93 |
$2,586,665
($2,586,665)
|
Acquired via Trade |
| Kris Dunn | PG | $2,586,484 | $2,586,484 | - | - | - | $2,586,484 | 1.75 | 1.93 |
$2,586,484
($0)
|
RoS
/ NT-MLE
G'teed: $0
|
| Luka Samanic | PF | $2,066,585 | $2,066,585 | - | - | - | $2,066,585 | 1.40 | 1.54 |
$2,066,585
($0)
|
RoS
/ NT-MLE
G'teed: $0
|
| Vernon Carey Jr. | C | $1,997,238 | $1,997,238 | - | - | - | $1,997,238 | 1.35 | 1.49 |
$1,997,238
($0)
|
RoS
/ NT-MLE
G'teed: $0
|
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 (1) | Pos. | |||||
|---|---|---|---|---|---|---|
| Micah Potter | C |
2023-24 Cap Holds
Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Jazz 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 (4) | Pos. | Qualifying Offer | Likely Incent. | Unlikely Incent. | Trade Kicker | Cap Figure | Rights |
|---|---|---|---|---|---|---|---|
| Udoka Azubuike | C | - | $3,923,484 | Bird | |||
| Juan Toscano-Anderson | SF | - | $1,989,698 | Non-Bird | |||
| Hassan Whiteside | C | - | $1,989,698 | Non-Bird | |||
| Johnny Juzang | SG | $1,774,999 | $1,774,999 | Two-Way | |||
| Round 1, Pick #9 | $5,487,120 | ||||||
| Round 1, Pick #16 | $3,831,960 | ||||||
| Round 1, Pick #28 | $2,412,240 |
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 |
$7,609,000 | $7,609,000 | |
|
Trade 6/30/2023
|
Royce O'Neal trade with BKN
(Walker Kessler, $2,696,400; Damian Jones, $2,298,385; Juan Toscano-Anderson, $1,902,133; Saben Lee, $1,752,638) |
$8,800,000 | $202,202 |
|
Trade 7/06/2023
|
Rudy Gobert trade with MIN
|
$9,614,379 | $9,614,379 |
|
Trade 8/25/2023
|
Patrick Beverley trade with LAL
|
$2,740,000 | $2,740,000 |
|
Trade 9/22/2023
|
Bojan Bogdanovic trade with DET
|
$6,745,122 | $6,745,122 |
|
Trade 2/09/2024
|
Nickeil Alexander-Walker trade with MIN
|
$5,009,633 | $5,009,633 |
|
Trade 2/09/2024
|
Jarred Vanderbilt trade with LAL
|
$4,374,000 | $4,374,000 |
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 | $162,000,000 | |
| Total Taxable Salaries | $97,766,325 | |
| Current Luxury Tax Space | $64,233,675 | |
2023-24 Utah Jazz Salary Cap Totals
The Jazz 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 | $97,766,325 |
| Cap Holds | $21,409,199 |
| Total Cap Allocations | $119,175,524 |
| Salary Cap Maximum | |
| 2023 NBA Salary Cap Max | $134,000,000 |
| Current Cap Space | $14,824,476 |
| "Super Tax" Apron | |
| 2023 NBA Super-Tax Apron | $179,500,000 |
| Super-Tax Apron Space | $81,233,675 |
| Salary Cap Floor | |
| 2023 NBA Salary Cap Floor | $120,600,000 |
| Current Floor Space | $22,833,675 |
2023-24 Practical Cap Space
| Available Practical Cap Space: | $40,347,784 — $67,822,207 |
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.
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 |
|---|---|---|---|
| 6/23/2023 | Damian Jones | 2023-24 Player Option | $2,586,665 |
| 6/28/2023 | Kelly Olynyk | 2023-24 Guaranteed — later of 6/28/2023 or 3 days before 2023-24 league year | $12,195,122 |
| 6/29/2023 | Rudy Gay | 2023-24 Player Option | $6,479,000 |
| 6/29/2023 | Johnny Juzang | 2023-24 Qualifying Offer — Two-Way | $1,774,999 |
| 6/29/2023 | Talen Horton-Tucker | 2023-24 Player Option | $11,020,000 |
| 6/29/2023 | Jordan Clarkson | 2023-24 Player Option | $14,260,000 |
| 7/18/2023 | Luka Samanic | 2023-24 Guaranteed | $400,000 |
| 10/23/2023 | Kris Dunn | 2023-24 Guaranteed | $2,586,484 |
| 10/23/2023 | Vernon Carey Jr. | 2023-24 Guaranteed | $1,997,238 |
| 10/23/2023 | Luka Samanic | 2023-24 Guaranteed | $600,000 |
| 10/31/2023 | Walker Kessler | 2024-25 Club Option | $2,965,920 |
| 10/31/2023 | Ochai Agbaji | 2024-25 Club Option | $4,310,280 |
| 1/10/2024 | Luka Samanic | 2023-24 Guaranteed | $2,066,585 |
| 6/29/2024 | Simone Fontecchio | 2024-25 Qualifying Offer | $3,806,090 |
| 6/29/2024 | Micah Potter | 2024-25 Qualifying Offer | $1,923,495 |
| 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 |
| 6/30/2024 | Udoka Azubuike | 2024-25 Qualifying Offer | $5,818,526 |
| 10/31/2024 | Walker Kessler | 2025-26 Club Option | $4,878,938 |
| 10/31/2024 | Ochai Agbaji | 2025-26 Club Option | $6,383,525 |
| 6/29/2026 | Walker Kessler | 2026-27 Qualifying Offer | $7,064,702 |
| 6/29/2026 | Ochai Agbaji | 2026-27 Qualifying Offer | $8,879,483 |
Unsigned Draft Picks
| Draft Year | Player | Age | Position | Country | College |
|---|---|---|---|---|---|
| 2003 | Mario Austin | 41 | 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 | ||||||||||||||||||||||||||||||
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UTA
Top-10 Protected (from OKC)
|
OKC
11-30
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| 2025 | ||||||||||||||||||||||||||||||
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UTA
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UTA
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UTA
Top-10 Protected (if not already settled with OKC)
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OKC
11-30 (if not already settled)
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| 2026 | ||||||||||||||||||||||||||||||
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CLE UTA
UTH right to swap
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MIN UTA
UTH right to swap
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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)
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| 2027 | ||||||||||||||||||||||||||||||
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UTA
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LAL
Top-4 Protected
|
UTA
5-30
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UTA
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UTA
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| 2028 | ||||||||||||||||||||||||||||||
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CLE UTA
UTH right to swap with CLE
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UTA CLE
UTH right to swap with CLE
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| 2029 | ||||||||||||||||||||||||||||||
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UTA
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MIN
Top-5 Protected
|
UTA
6-30 (if not already settled)
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UTA
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| 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 | ||||||||||||||||||||||||||||||
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NYK
More favorable of CLE and UTH to NYK then other to IND or LAC ((UTH right to swap for CLE) via CLE)
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| 2025 | ||||||||||||||||||||||||||||||
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MIN
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| 2026 | ||||||||||||||||||||||||||||||
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UTA
31-42
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POR
43-60 (via UTA to GSW)
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MIN
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| 2027 | ||||||||||||||||||||||||||||||
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LAL UTA
LAL pick if LAL conveys 1st to UTH in 2027; UTH pick if LAL does not convey 1st to UTH in 2027
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IND
via CLE
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| 2028 | ||||||||||||||||||||||||||||||
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OKC
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| 2029 | ||||||||||||||||||||||||||||||
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MIN UTA
MIN pick if MIN conveys 1st to UTA in 2029; UTA pick if MIN does not convey 1st to UTA in 2029
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UTA
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