-
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 2024-25, Butler will earn a base salary of $2,196,970, while carrying a cap hit of $2,196,970.
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 2023-24 23 $1,250,000 - - - $1,250,000 0.92% 2024-25 24 NON-GTD $2,196,970 - - - $2,196,970 1.56% 2025-26 25 Club $2,381,501 - - - $2,381,501 1.54% 2026 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
To see the rest of the Jared Butler's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here
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 $925,258 - - - $925,258 2022-23 $1,563,518 - - - $1,563,518 2023-24 $1,250,000 - - - $1,250,000 Est. Earnings
(3 seasons)$3,738,776 - - - $3,738,776 2024-25 $2,196,970 - - - $2,196,970 2025-26 $2,381,501 - - - $2,381,501 $8,317,247 - - - $8,317,247 Seasons Team Salary Signing Bonus Incentive Trade Kicker Total Cash 2 seasons $2,488,776 - - - $2,488,776 1 seasons $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 contractJul 28 2023Signed a Two-Way contract with Washington (WAS)Jul 6 2023Oklahoma City (OKC) renounced their free-agent exception rightsJun 29 2023Oklahoma City (OKC) declined to extend Qualifying Offer; becomes an Unrestricted Free AgentMar 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 AldamaAug 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 40 14.13 0.488 0.308 0.861 0.23 1.23 1.45 3.15 0.73 0.20 1.25 6.28 13.34 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 88 11.36 0.453 0.328 0.808 0.17 1.05 1.22 2.24 0.58 0.18 1.00 5.10 10.44