Washington Wizards

Washington Wizards 2021-22 Salary Cap

Wizards 2021-22 Salary Cap

An updated look at the Washington Wizards 2021 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

Wizards – The Athletic

The 2021 NBA Offseason Financial Report
As the regular season nears, we take a look back at the offseason that was, diving into top spenders, tax statuses, notable free agent signings, trades, and extensions for each 2021-22 NBA team. READ ON
Player Option
Club Option
Non-Guaranteed
Estimate
Player (15) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap Figure Cap % Cash Remaining
(Guaranteed)
Notes
Beal Bradley Beal SG $33,724,200 $33,724,200 - - - $33,724,200 20.51 $70,146,336
($70,146,336)
Vet Extension / Bird
Dinwiddie Spencer Dinwiddie PG $17,142,857 $17,142,857 - $2,571,428 - $17,142,857 10.43 $54,000,000
($45,142,857)
Acquired via Trade
Bertans Davis Bertans SF $16,000,000 $16,000,000 - - - $16,000,000 9.73 $65,000,000
($54,000,000)
Free Agent / Bird
Caldwell-Pope Kentavious Caldwell-Pope SG $13,038,862 $13,038,862 - - - $13,038,862 7.93 $27,043,565
($17,926,980)
Acquired via Trade
Kuzma Kyle Kuzma PF $13,000,000 $13,000,000 - - - $13,000,000 7.91 $39,000,000
($39,000,000)
Acquired via Trade
Harrell Montrezl Harrell PF $9,720,900 $9,720,900 - - - $9,720,900 5.91 $9,720,900
($9,720,900)
Acquired via Trade
Bryant Thomas Bryant C $8,666,667 $8,666,667 - - - $8,666,667 5.27 $8,666,667
($8,666,667)
Free Agent / Early Bird
Hachimura Rui Hachimura PF $4,916,160 $4,916,160 - - - $4,916,160 2.99 $11,179,348
($11,179,348)
Drafted / Rookie Scale
Avdija Deni Avdija SF $4,692,840 $4,692,840 - - - $4,692,840 2.85 $15,872,188
($9,609,000)
Drafted / Rookie Scale
Holiday Aaron Holiday PG $3,980,551 $3,980,551 - - - $3,980,551 2.42 $3,980,551
($3,980,551)
Acquired via Trade
Kispert Corey Kispert SF $3,383,640 $3,383,640 - - - $3,383,640 2.06 $16,364,527
($6,936,600)
Drafted / Rookie Scale
Gafford Daniel Gafford PF $1,782,621 $1,782,621 - - - $1,782,621 1.08 $3,713,302
($0)
Acquired via Trade
G'teed: $0
Neto Raul Neto PG $1,669,178 $2,089,448 - - - $1,669,178 1.02 $2,089,448
($2,089,448)
Free Agent / Minimum
Gill Anthony Gill PF $1,517,981 $1,517,981 - - - $1,517,981 0.92 $1,517,981
($1,517,981)
Free Agent / Minimum
Todd Isaiah Todd PF $1,500,000 $1,500,000 - - - $1,500,000 0.91 $6,888,212
($4,899,614)
Drafted / NT-MLE


2021-22 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 Allocations.

Player (1) Pos.
WinstonCassius Winston PG          


2021-22 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 (5) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
MahinmiIan Mahinmi C - $23,175,077 Bird
LawsonTy Lawson PG - $1,669,178 Non-Bird
NapierShabazz Napier PG - $1,669,178 Early Bird
SessionsRamon Sessions PG - $1,669,178 Non-Bird
WilliamsJohnathan Williams PF - $1,489,065 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 ($143,002,000) 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 ($143,002,000), 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 Amount (Remaining) Reason/Notes Expire Date
Non-Taxpayer Mid-Level Exception $9,536,000
($8,036,000)
Isaiah Todd ($1,500,000)
Bi-Annual Exception $3,732,000
($3,732,000)
Trade Exception $2,161,920
($2,161,920)
Moritz Wagner trade with BOS 02/11/2022


2021-22 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
2021 NBA Luxury Tax Threshold $136,606,000
Total Taxable Salaries $134,920,069
Current Luxury Tax Space $1,685,931


2021-22 Washington Wizards Salary Cap Totals

This team is currently "hard-capped", which means their Total Taxable Salaries may not exceed $143,002,000 at any point during the season.

Cap Type Cap Total
Active Roster Cap $134,736,457
Cap Holds $29,671,676
Total Cap Allocations $164,408,133
Salary Cap Maximum
2021 NBA Salary Cap Max $112,414,000
Current Cap Space $-51,994,133
Salary Hard-Cap
2021 NBA Hard-Cap ("Luxury Tax Apron") $143,002,000
Total Hard-Cap Salaries $137,491,497
Hard-Cap Space $5,510,503
 

2021-22 Practical Cap Space

Available Practical Cap Space: $-53,382,833 — $-20,539,836

$-53,382,833
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.

$-20,539,836
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
2022-23
07/01/2022 Kyle Kuzma 2023-24 Player Option $13,000,000
10/31/2022 Corey Kispert 2023-24 Club Option $3,722,040
10/31/2022 Deni Avdija 2023-24 Club Option $6,263,188
06/30/2023 Rui Hachimura 2023-24 Qualifying Offer $8,486,620
2023-24
07/01/2023 Spencer Dinwiddie Guaranteed $18,857,143
10/31/2023 Corey Kispert 2024-25 Club Option $5,705,887
04/13/2024 Davis Bertans 2024-25 Guaranteed $16,000,000
06/29/2024 Isaiah Todd 2024-25 Club Option $1,988,598
06/30/2024 Corey Kispert 2025-26 Qualifying Offer $7,976,830
06/30/2024 Deni Avdija 2024-25 Qualifying Offer $8,486,620