Washington Wizards

Washington Wizards 2022-23 Salary Cap

Wizards 2022-23 Salary Cap

An updated look at the Washington Wizards 2022 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 (15) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Cash Remaining
(Guaranteed)
Notes
Beal Bradley Beal SG $43,279,250 $43,279,250 - - - $43,279,250 23.55 35.00 $251,019,650
($251,019,650)
Free Agent (Max) / Bird
Porzingis Kristaps Porzingis PF $33,833,400 $33,833,400 - - - $33,833,400 18.41 27.36 $69,849,600
($33,833,400)
Acquired via Trade
Kuzma Kyle Kuzma SF $13,000,000 $13,000,000 - - - $13,000,000 7.07 10.51 $26,000,000
($26,000,000)
Acquired via Trade
Morris Monte Morris PG $9,125,000 $9,125,000 - - - $9,125,000 4.96 7.38 $18,925,926
($18,925,926)
Acquired via Trade
Wright Delon Wright PG $7,804,878 $7,804,878 - - - $7,804,878 4.25 6.31 $16,000,000
($16,000,000)
Free Agent / NT-MLE
Nunn Kendrick Nunn SG $5,250,000 $5,250,000 - - - $5,250,000 2.86 4.25 $2,293,103
($5,250,000)
Acquired via Trade
Avdija Deni Avdija SF $4,916,160 $4,916,160 - - - $4,916,160 2.67 3.98 $11,179,348
($11,179,348)
Drafted / Rookie Scale
Davis Johnny Davis SG $4,810,320 $4,810,320 - - - $4,810,320 2.62 3.89 $21,898,509
($9,861,120)
Drafted / Rookie Scale
Kispert Corey Kispert SF $3,552,840 $3,552,840 - - - $3,552,840 1.93 2.87 $12,980,768
($7,275,000)
Drafted / Rookie Scale
G'teed: $3,552,960
Gafford Daniel Gafford C $1,930,681 $1,930,681 - - - $1,930,681 1.05 1.56 $42,113,161
($42,113,161)
Acquired via Trade
Gibson Taj Gibson C $1,836,090 $2,905,851 - - - $1,836,090 1.00 1.48 $2,905,851
($2,905,851)
Free Agent / Minimum
Gill Anthony Gill PF $1,836,090 $1,836,090 - - - $1,836,090 1.00 1.48 $3,833,328
($3,833,328)
Free Agent / Minimum
Todd Isaiah Todd PF $1,575,000 $1,575,000 - - - $1,575,000 0.86 1.27 $5,399,694
($3,411,096)
Drafted / NT-MLE
Goodwin Jordan Goodwin PG $900,000 $900,000 - - - $900,000 0.49 0.73 $4,920,240
($723,612)
RoS / NT-MLE
G'teed: $423,612
Cooks Xavier Cooks PF $140,384 $140,384 - - - $140,384 0.08 0.11 $6,067,398
($1,860,248)
RoS / NT-MLE


2022-23 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 (2) Pos.
HuffJay Huff C          
JacksonQuenton Jackson G          


2022-23 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 (3) Pos. Base Salary Likely
Incent.
Unlikely
Incent.
Trade Bonus Cap Figure Cap % Notes
BartonWill Barton SG $14,375,000 - - - $14,375,000 7.82 Waived/Buyout
Carey Jr.Vernon Carey Jr. C $1,782,621 - - - $1,782,621 0.97 Waived
BouyeaJamaree Bouyea PG $58,493 - - - $58,493 0.03 10-day


2022-23 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 (7) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
MahinmiIan Mahinmi C - $23,175,077 Bird
LawsonTy Lawson PG - $1,836,090 Non-Bird
NapierShabazz Napier PG - $1,836,090 Early Bird
SatoranskyTomas Satoransky SG - $1,836,090 Non-Bird
SessionsRamon Sessions PG - $1,836,090 Non-Bird
WilliamsJohnathan Williams PF - $1,637,966 Two-Way
WinstonCassius Winston PG - $1,637,966 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 ($156,983,000) 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 ($156,983,000), 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
Delon Wright
($7,804,878), Jordan Goodwin
$10,490,000 $1,644,738
Bi-Annual
$4,105,000 $4,105,000
Trade
1/23/2024
Rui Hachimura
$6,263,188 $6,263,188


2022-23 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
2022 NBA Luxury Tax Threshold $150,267,000
Total Taxable Salaries $150,053,236
Current Luxury Tax Space $213,764


2022-23 Washington Wizards Salary Cap Totals

This team is currently "hard-capped", which means their Total Taxable Salaries may not exceed $156,983,000 at any point during the season.

Cap Type Cap Total
Active Roster Cap $133,790,093
Dead Money $16,216,114
Cap Holds $33,795,369
Total Cap Allocations $183,801,576
Salary Cap Maximum
2022 NBA Salary Cap Max $123,655,000
Current Cap Space $-60,146,576
Salary Hard-Cap
2022 NBA Hard-Cap ("Luxury Tax Apron") $156,983,000
Total Hard-Cap Salaries $150,053,236
Hard-Cap Space $6,929,764
 

2022-23 Practical Cap Space

Available Practical Cap Space: $-58,251,993 — $-10,135,093

$-58,251,993
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.

$-10,135,093
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
6/29/2023 Jay Huff 2023-24 Qualifying Offer — Two-Way $1,989,698
6/29/2023 Kyle Kuzma 2023-24 Player Option $13,000,000
6/29/2023 Kristaps Porzingis 2023-24 Player Option $36,016,200
6/30/2023 Jordan Goodwin 2024-25 Club Option — already $325,590 guaranteed
9/01/2023 Jordan Goodwin 2023-24 Guaranteed $963,948
10/31/2023 Corey Kispert 2024-25 Club Option $5,705,888
10/31/2023 Johnny Davis 2024-25 Club Option $5,291,160
1/10/2024 Jordan Goodwin 2023-24 Guaranteed $1,927,896
6/29/2024 Quenton Jackson 2024-25 Qualifying Offer — Two-Way $2,156,156
6/29/2024 Isaiah Todd 2024-25 Club Option $1,988,598
6/30/2024 Deni Avdija 2024-25 Qualifying Offer $8,486,620
9/01/2024 Jordan Goodwin 2024-25 Guaranteed $1,046,172
10/31/2024 Johnny Davis 2025-26 Club Option $6,746,229
1/10/2025 Jordan Goodwin 2024-25 Guaranteed $2,092,344
1/10/2025 Xavier Cooks 2024-25 Guaranteed $2,019,699
6/30/2025 Corey Kispert 2025-26 Qualifying Offer $7,976,832
6/30/2025 Xavier Cooks 2025-26 Club Option — non-guaranteed
1/10/2026 Xavier Cooks 2025-26 Guaranteed $2,187,451
6/29/2026 Johnny Davis 2026-27 Qualifying Offer $9,188,364
6/29/2026 Bradley Beal 2026-27 Player Option $57,128,610