Jared Butler

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Point Guard Age: 23-238d Exp: 2 Years
Drafted: Round 2 (#40 overall), 2021 College: Baylor Agent(s):

 
  • Current Contract

    Jared Butler signed a 3 year / $5,828,471 contract with the Washington Wizards, including $1,250,000 guaranteed, and an annual average salary of $1,942,824. In 2023-24, Butler will earn a base salary of $1,250,000, while carrying a cap hit of $1,250,000 and a dead cap value of $1,250,000.

    Contract: 3 yr(s) / $5,828,471
    Average Salary: $1,942,824
    Guaranteed at Signing $1,250,000
    Signed Using: Rest Of Season/MLE
    Free Agent: 2026 / UFA
    Year   Age Status Base Salary Likely Incent. Unlikely Incent. Trade Bonus Cap Hit Pct of League Cap Yearly Cash Guaranteed
    2023-24 Contract details by year 23 $1,250,000 - - - $1,250,000 0.92% $1,250,000($1,250,000) $1,250,000
    2024-25 Contract details by year 24 NON-GTD $2,196,970 - - - $2,196,970 1.56% $2,196,970($3,446,970)
    2025-26 Contract details by year 25 Club $2,381,501 - - - $2,381,501 1.54% $2,381,501($5,828,471)
    2026 Free Agent Year 26 UFA  
    Trade Restriction: This player cannot be traded until Jul 06, 2024.
    Contract Notes:
    • 2024-25: non-guaranteed, fully guaranteed 1/10/25
    • 2025-26: Club Option/non-guaranteed (deadline 6/29/25), fully guaranteed 1/10/26
    Sources: Spotrac

    Previous Contracts

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    2023-2023

    Contract: 1 yr(s) / -
    Average Salary: -
    Signed Using: Two Way
    Free Agent: 2024 / RFA

    2022-2022

    Contract: 1 yr(s) / -
    Average Salary: -
    Signed Using: Two Way
    Free Agent: 2023 / UFA

    2021-2022Entry Level

    Contract: 2 yr(s) / $2,488,776
    Average Salary: $1,244,388
    Guaranteed at Signing $2,488,776
    Signed Using: Entry Level/Minimum
    Free Agent: 2023 / RFA
  • Estimated Career Earnings

    A look at the calculated cash earnings for Jared Butler, including any upcoming years.

    Year Team Awards Salary Signing Bonus Incentive Trade Kicker Total Cash
    2021-22 Player Cash Earnings $925,258 - - - $925,258
    2022-23 Player Cash Earnings $1,563,518 - - - $1,563,518
    2023-24 Player Cash Earnings $1,250,000 - - - $1,250,000
    Est. Earnings
    (3 seasons)
    $3,738,776 - - - $3,738,776
    2024-25 Player Cash Earnings $2,196,970 - - - $2,196,970
    2025-26 Player Cash Earnings $2,381,501 - - - $2,381,501
    $8,317,247 - - - $8,317,247
    Seasons Team Salary Signing Bonus Incentive Trade Kicker Total Cash
    2 seasons Player Cash Earnings $2,488,776 - - - $2,488,776
    1 seasons Player Cash Earnings $1,250,000 - - - $1,250,000

    * earnings may include deduction of original cashed earned due to shortened season

  • Transactions

    Apr 6 2024Signed a 3 year $5.83 million Rest-of-Season contract with Washington (WAS) - converted Two-Way contract
    Jul 28 2023Signed a Two-Way contract with Washington (WAS)
    Jul 6 2023Oklahoma City (OKC) renounced their free-agent exception rights
    Jun 29 2023Oklahoma City (OKC) declined to extend Qualifying Offer; becomes an Unrestricted Free Agent
    Mar 3 2023Signed a Two-Way contract with Oklahoma City (OKC)
    Oct 15 2022Waived by Utah (UTH)
    Aug 11 2021Signed a 2 year $2.49 million contract with Utah (UTH)
    Aug 7 2021Traded to Utah (UTA) from Memphis (MEM) with 2022 2nd round pick and 2026 2nd round pick for Santi Aldama
    Aug 7 2021Traded to Memphis (MEM) from New Orleans (NOP) as part of a 3-team trade: Memphis (MEM) traded Jonas Valanciunas, Trey Murphy III and Brandon Boston Jr to New Orleans (NOP); Memphis (MEM) traded Tyler Harvey to Charlotte (CHA); New Orleans (NOP) traded Steven Adams, Eric Bledsoe, 2022 1st round pick and Ziaire Williams to Memphis (MEM); New Orleans (NOP) traded Wesley Iwundu, 2022 1st round pick and cash to Charlotte (CHA)
    Jul 29 2021Drafted by New Orleans (NOP): Round 2 (#40 overall)
  • Statistics

    Season Team Games MPG FG% 3PT% FT% ORB DRB TRB AST STL BLK TOV PT Prod Pts
    2023 WAS 39 13.69 0.489 0.297 0.853 0.21 1.23 1.44 3.05 0.72 0.18 1.18 5.87 12.79
    2022 OKC 6 12.67 0.469 0.500 0.000 0.17 0.50 0.67 1.33 0.83 0.00 0.83 6.17 9.80
    2021 UTA 42 8.55 0.404 0.318 0.688 0.12 0.95 1.07 1.50 0.40 0.19 0.79 3.83 7.77
    Totals 87 11.14 0.452 0.324 0.800 0.16 1.05 1.21 2.18 0.57 0.17 0.97 4.91 10.16