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 (15) | Pos. | Cap Figure | Base Salary |
Likely Incent. |
Unlikely Incent. |
Trade Bonus |
Cap Figure |
Cap % Team |
Cap % League |
Cash Remaining (Guaranteed) |
Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jordan Poole | SG | $27,455,357 | $27,455,357 | - | $3,750,000 | - | $27,455,357 | 15.14 | 20.18 |
$123,000,000
($123,000,000)
|
Acquired via Trade |
| Kyle Kuzma | PF | $25,568,182 | $25,568,182 | - | $3,000,000 | - | $25,568,182 | 14.10 | 18.80 |
$90,000,000
($90,000,000)
|
Free Agent / Bird |
| Tyus Jones | PG | $14,000,000 | $14,000,000 | - | $479,167 | - | $14,000,000 | 7.72 | 10.29 |
$14,000,000
($14,000,000)
|
Acquired via Trade |
| Daniel Gafford | C | $12,402,000 | $12,402,000 | - | - | - | $12,402,000 | 6.84 | 9.12 |
$40,182,480
($40,182,480)
|
Vet Extension / Bird |
| Landry Shamet | SG | $10,250,000 | $10,250,000 | - | - | - | $10,250,000 | 5.65 | 7.54 |
$33,000,000
($10,250,000)
|
Acquired via Trade |
| Delon Wright | PG | $8,195,122 | $8,195,122 | - | - | - | $8,195,122 | 4.52 | 6.02 |
$8,195,122
($8,195,122)
|
Free Agent / NT-MLE |
| Danilo Gallinari | PF | $6,802,950 | $6,802,950 | - | - | - | $6,802,950 | 3.75 | 5.00 |
$6,802,950
($6,802,950)
|
Acquired via Trade |
| Bilal Coulibaly | SF | $6,614,280 | $6,614,280 | - | - | - | $6,614,280 | 3.65 | 4.86 |
$30,075,132
($13,559,520)
|
Drafted / Rookie Scale |
| Deni Avdija | SF | $6,263,188 | $6,263,188 | - | - | - | $6,263,188 | 3.45 | 4.60 |
$61,263,188
($61,263,188)
|
Drafted / Rookie Scale |
| Johnny Davis | SG | $5,050,800 | $5,050,800 | - | - | - | $5,050,800 | 2.79 | 3.71 |
$17,088,189
($10,341,960)
|
Drafted / Rookie Scale |
| Corey Kispert | SF | $3,722,040 | $3,722,040 | - | - | - | $3,722,040 | 2.05 | 2.74 |
$9,427,928
($9,427,928)
|
Drafted / Rookie Scale |
| Mike Muscala | C | $3,500,000 | $3,500,000 | - | - | - | $3,500,000 | 1.93 | 2.57 |
$3,500,000
($3,500,000)
|
Acquired via Trade |
| Patrick Baldwin Jr. | SF | $2,337,720 | $2,337,720 | - | - | - | $2,337,720 | 1.29 | 1.72 |
$9,206,716
($4,786,560)
|
Acquired via Trade |
| Anthony Gill | PF | $1,997,238 | $1,997,238 | - | - | - | $1,997,238 | 1.10 | 1.47 |
$1,997,238
($1,997,238)
|
Free Agent / Minimum |
| Ryan Rollins | SG | $1,719,864 | $1,719,864 | - | - | - | $1,719,864 | 0.95 | 1.26 |
$3,739,563
($2,319,864)
|
Acquired via Trade |
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. | |||||
|---|---|---|---|---|---|---|
| Jared Butler | PG | |||||
| John Butler Jr. | C | |||||
| Eugene Omoruyi | 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 (2) | Pos. | Base Salary | Likely Incent. |
Unlikely Incent. |
Trade Bonus | Cap Figure | Cap % | Notes |
|---|---|---|---|---|---|---|---|---|
| Taj Gibson | C | $3,196,448 | - | - | - | $2,019,706 | 1.11 | Waived |
| Xavier Cooks | PF | $1,719,864 | - | - | - | $1,719,864 | 0.95 | Waived |
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 |
|---|---|---|---|---|---|---|---|
| Ian Mahinmi | C | - | $23,175,077 | Bird | |||
| Kendrick Nunn | PG | - | $6,825,000 | Early Bird | |||
| Ty Lawson | PG | - | $2,019,706 | Non-Bird | |||
| Shabazz Napier | PG | - | $2,019,706 | Early Bird | |||
| Tomas Satoransky | SG | - | $2,019,706 | Non-Bird | |||
| Ramon Sessions | PG | - | $2,019,706 | Non-Bird | |||
| Johnathan Williams | PF | - | $1,801,769 | Two-Way | |||
| Cassius 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 |
$12,405,000 | $12,405,000 | |
|
Bi-Annual |
$4,516,000 | $4,516,000 | |
|
Trade 1/23/2024
|
Rui Hachimura trade with LAL
(Mike Muscala, $3,500,000; Patrick Baldwin Jr., $2,337,720) |
$6,263,188 | $425,468 |
|
Trade 6/24/2024
|
Kristaps Porzingis trade with BOS
|
$12,354,400 | $12,354,400 |
|
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
|
$3,344,643 | $3,344,643 |
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 | $139,618,311 | |
| Current Luxury Tax Space | $25,675,689 | |
2023-24 Washington Wizards Salary Cap Totals
The Wizards 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 | $135,878,741 |
| Dead Money | $3,739,570 |
| Cap Holds | $41,682,439 |
| Total Cap Allocations | $181,300,750 |
| Salary Cap Maximum | |
| 2023 NBA Salary Cap Max | $136,021,000 |
| Current Cap Space | $-45,279,750 |
| "Super Tax" Apron | |
| 2023 NBA Super-Tax Apron | $182,794,000 |
| Super-Tax Apron Space | $35,946,522 |
2023-24 Practical Cap Space
| Available Practical Cap Space: | $-45,279,750 — $142,259 |
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 |
|---|---|---|---|
| 1/10/2024 | Jordan Goodwin | 2023-24 Guaranteed | $1,927,896 |
| 6/24/2024 | Landry Shamet | 2024-25 Guaranteed | $11,000,000 |
| 6/28/2024 | Ryan Rollins | 2024-25 Guaranteed | $2,019,699 |
| 6/29/2024 | John Butler Jr. | 2024-25 Qualifying Offer — Two-Way | $1,981,953 |
| 6/29/2024 | Deni Avdija | 2024-25 Qualifying Offer | $8,486,620 |
| 6/29/2024 | Jared Butler | 2024-25 Qualifying Offer | $1,981,953 |
| 6/29/2024 | Eugene Omoruyi | 2024-25 Qualifying Offer | $1,981,953 |
| 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 |
| 6/29/2025 | Ryan Rollins | 2025-26 Qualifying Offer | $2,524,624 |
| 6/29/2025 | Landry Shamet | 2025-26 Club Option | $11,750,000 |
| 6/29/2025 | Corey Kispert | 2025-26 Qualifying Offer | $7,976,832 |
| 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 | ||||||||||||||||||||||||||||||
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WAS
More favorable of PHX, MEM and WAS 1-12
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NYK
11-30
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| 2025 | ||||||||||||||||||||||||||||||
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WAS
Top-10 Protected (if not already settled with NYK)
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NYK
11-30 (if not already settled, via HOU to OKC)
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| 2026 | ||||||||||||||||||||||||||||||
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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)
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| 2027 | ||||||||||||||||||||||||||||||
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WAS
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| 2028 | ||||||||||||||||||||||||||||||
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WAS
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| 2029 | ||||||||||||||||||||||||||||||
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WAS
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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 | |
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| 2024 | ||||||||||||||||||||||||||||||
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WAS
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DET
Less favorable of MEM and WAS then other to MIN ((via MEM to OKC to WAS) via LAL to MEM)
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| 2025 | ||||||||||||||||||||||||||||||
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WAS
Less favorable of GSW and WAS to DET then other to DET ((via DET swap of GSW for WAS) via BKN)
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WAS
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DET
More favorable of GSW and WAS ((via DET swap of GSW for WAS) via BKN)
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| 2026 | ||||||||||||||||||||||||||||||
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WAS
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WAS
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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)
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| 2027 | ||||||||||||||||||||||||||||||
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WAS
More favorable of BKN and DAL to WAS then other to DET
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WAS
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WAS
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WAS
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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)
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| 2028 | ||||||||||||||||||||||||||||||
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WAS
Less favorable of LAL and WAS then other to ORL (via LAL to WAS)
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ORL
More favorable of LAL and WAS to ORL then other to WAS
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| 2029 | ||||||||||||||||||||||||||||||
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WAS
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IND
More favorable of IND and WAS to IND then other to NYK
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