Washington Wizards

Washington Wizards 2023-24 Salary Cap

Wizards 2023-24 Salary Cap

An updated look at the Washington Wizards 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 (16) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Cash Remaining
(Guaranteed)
Notes
Poole Jordan Poole SG $27,455,357 $27,455,357 - $3,750,000 - $27,455,357 14.55 20.18 $123,000,000
($123,000,000)
Acquired via Trade
Kuzma Kyle Kuzma PF $25,568,182 $25,568,182 - $3,000,000 - $25,568,182 13.55 18.80 $90,000,000
($90,000,000)
Free Agent / Bird
Jones Tyus Jones PG $14,000,000 $14,000,000 - $479,167 - $14,000,000 7.42 10.29 $14,000,000
($14,000,000)
Acquired via Trade
Bagley III Marvin Bagley III PF $12,500,000 $12,500,000 - - - $12,500,000 6.63 9.19 $19,109,195
($25,000,000)
Acquired via Trade
Holmes Richaun Holmes C $12,046,020 $12,046,020 - - - $12,046,020 6.39 8.86 $17,445,960
($24,922,800)
Acquired via Trade
Shamet Landry Shamet SG $10,250,000 $10,250,000 - - - $10,250,000 5.43 7.54 $33,000,000
($10,250,000)
Acquired via Trade
Coulibaly Bilal Coulibaly SF $6,614,280 $6,614,280 - - - $6,614,280 3.51 4.86 $30,075,132
($13,559,520)
Drafted / Rookie Scale
Avdija Deni Avdija SF $6,263,188 $6,263,188 - - - $6,263,188 3.32 4.60 $61,263,188
($61,263,188)
Drafted / Rookie Scale
Davis Johnny Davis SG $5,050,800 $5,050,800 - - - $5,050,800 2.68 3.71 $17,088,189
($10,341,960)
Drafted / Rookie Scale
Kispert Corey Kispert SF $3,722,040 $3,722,040 - - - $3,722,040 1.97 2.74 $9,427,928
($9,427,928)
Drafted / Rookie Scale
Vukcevic Tristan Vukcevic C $2,424,892 $2,424,892 - - - $2,424,892 1.29 1.78 $4,849,784
($2,424,892)
RoS / NT-MLE
Baldwin Jr. Patrick Baldwin Jr. SF $2,337,720 $2,337,720 - - - $2,337,720 1.24 1.72 $9,206,716
($4,786,560)
Acquired via Trade
Gill Anthony Gill PF $1,997,238 $1,997,238 - - - $1,997,238 1.06 1.47 $1,997,238
($1,997,238)
Free Agent / Minimum
Livers Isaiah Livers SF $1,836,096 $1,836,096 - - - $1,836,096 0.97 1.35 $970,809
($1,836,096)
Acquired via Trade
SEI-Hip
Omoruyi Eugene Omoruyi SF $900,000 $900,000 - - - $900,000 0.48 0.66 $3,096,970
($522,338)
RoS / NT-MLE
G'teed: $522,338
Hampton RJ Hampton PG $116,075 $120,250 - - - $116,075 0.06 0.09 $120,250
($120,250)
10-Day / Minimum


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.
BernardJules Bernard SG          
ButlerJared Butler PG          
ChampagnieJustin Champagnie SF          


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 (6) Pos. Base Salary Likely
Incent.
Unlikely
Incent.
Trade Bonus Cap Figure Cap % Notes
WrightDelon Wright PG $8,195,122 - - - $8,195,122 4.34 Waived
GibsonTaj Gibson C $3,196,448 - - - $2,019,706 1.07 Waived
CooksXavier Cooks PF $1,719,864 - - - $1,719,864 0.91 Waived
RollinsRyan Rollins SG $1,719,864 - - - $1,719,864 0.91 Waived
DialloHamidou Diallo SG $134,863 - - - $116,075 0.06 10-day
ChampagnieJustin Champagnie SF $116,075 - - - $116,075 0.06 10-day


2023-24 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Wizards 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 (8) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
MahinmiIan Mahinmi C - $23,175,077 Bird
NunnKendrick Nunn PG - $6,825,000 Early Bird
LawsonTy Lawson PG - $2,019,706 Non-Bird
NapierShabazz Napier PG - $2,019,706 Early Bird
SatoranskyTomas Satoransky SG - $2,019,706 Non-Bird
SessionsRamon Sessions PG - $2,019,706 Non-Bird
WilliamsJohnathan Williams PF - $1,801,769 Two-Way
WinstonCassius Winston PG - $1,801,769 Two-Way


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 ($172,346,000) 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 ($172,346,000), 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
Tristan Vukcevic ($2,424,892)
$12,405,000 $9,980,108
Bi-Annual
$4,516,000 $4,516,000
Trade
6/24/2024
Kristaps Porzingis trade with BOS
(Richaun Holmes, $12,046,020)
$12,354,400 $308,380
Trade
6/24/2024
Bradley Beal trade with PHX
$5,379,250 $5,379,250
Trade
6/24/2024
Jordan Goodwin trade with PHX
$300,000 $300,000
Trade
7/08/2024
Monte Morris trade with DET
$9,800,926 $9,800,926
Trade
7/08/2024
Chris Paul trade with GSW
(Isaiah Livers, $1,836,096)
$3,344,643 $1,508,547
Trade
1/14/2025
Mike Muscala trade with DET
$3,500,000 $3,500,000
Trade
2/10/2025
Daniel Gafford trade with DAL
$12,402,000 $12,402,000


2023-24 Luxury Tax Totals

Denotes the Wizards 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 $146,968,594
Current Luxury Tax Space $18,325,406


2023-24 Washington Wizards 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 $133,081,888
Dead Money $13,886,706
Cap Holds $41,682,439
Total Cap Allocations $188,651,033
Salary Cap Maximum
2023 NBA Salary Cap Max $136,021,000
Current Cap Space $-52,630,033
Salary Hard-Cap
2023 NBA First Apron ("Hard-Cap") $172,346,000
Total First Apron Salaries $154,197,761
First Apron Space $18,148,239
Second Apron
2023 NBA Second Apron $182,794,000
Second Apron Space $28,596,239
 

2023-24 Practical Cap Space

Available Practical Cap Space: $-52,397,883 — $2,939,112

$-52,397,883
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.

$2,939,112
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
6/24/2024 Landry Shamet 2024-25 Guaranteed $11,000,000
6/29/2024 Jared Butler 2024-25 Qualifying Offer $1,867,722
6/29/2024 Jules Bernard 2024-25 Qualifying Offer — Two-Way $1,867,722
6/29/2024 Tristan Vukcevic 2024-25 Club Option $2,424,892
6/29/2024 Richaun Holmes 2024-25 Player Option $12,876,780
6/29/2024 Deni Avdija 2024-25 Qualifying Offer $8,486,620
10/22/2024 Eugene Omoruyi 2024-25 Guaranteed — Opening Night - TBD $1,000,000
10/31/2024 Bilal Coulibaly 2025-26 Club Option $7,275,600
10/31/2024 Patrick Baldwin Jr. 2025-26 Club Option $4,420,156
10/31/2024 Johnny Davis 2025-26 Club Option $6,746,229
1/10/2025 Eugene Omoruyi 2024-25 Guaranteed $2,196,970
6/29/2025 Corey Kispert 2025-26 Qualifying Offer $7,976,832
6/29/2025 Justin Champagnie 2024-25 Qualifying Offer — Two-Way $2,054,495
6/29/2025 Tristan Vukcevic 2025-26 Qualifying Offer $3,273,604
6/29/2025 Landry Shamet 2025-26 Club Option $11,750,000
10/31/2025 Bilal Coulibaly 2026-27 Club Option $9,240,012
6/29/2026 Bradley Beal 2026-27 Player Option $57,128,610
6/29/2026 Patrick Baldwin Jr. 2026-27 Qualifying Offer $6,586,032
6/29/2026 Johnny Davis 2026-27 Qualifying Offer $9,188,364
6/29/2027 Bilal Coulibaly 2027-28 Qualifying Offer $13,314,858




Unsigned Draft Picks

Draft Year Player Age Position Country College
2022 Yannick Nzosa 20 C COD


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
WAS
More favorable of PHX, MEM and WAS 1-12
NYK
11-30
2025
WAS
Top-10 Protected (if not already settled with NYK)
NYK
11-30 (if not already settled, via HOU to OKC)
2026
WAS
Top-8 Protected (if not already settled with NYK then more favorable of PHX, ORL and WAS 1-8)
NYK
9-30 (if not already settled, via HOU to OKC)
2027
WAS
2028
WAS
2029
WAS
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
WAS
DET
Less favorable of MEM and WAS then other to MIN ((via MEM to OKC to WAS) via LAL to MEM)
2025
WAS
Less favorable of GSW and WAS to DET then other to DET ((via DET swap of GSW for WAS) via BKN)
WAS
DET
More favorable of GSW and WAS ((via DET swap of GSW for WAS) via BKN)
2026
WAS
WAS
WAS    NYK
WAS pick if WAS conveys 1st to NYK by 2026; NYK pick if WAS does not convey 1st to NYK to by 2026 (via HOU to OKC)
2027
WAS
More favorable of BKN and DAL to WAS then other to DET
WAS
WAS
WAS
WAS    NYK
WAS pick if WAS conveys 1st to NYK by 2026; NYK pick if WAS does not convey 1st to NYK to by 2026 (via HOU to OKC)
2028
WAS
Less favorable of LAL and WAS then other to ORL (via LAL to WAS)
ORL
More favorable of LAL and WAS to ORL then other to WAS
2029
WAS
IND
More favorable of IND and WAS to IND then other to NYK