NBA
Jared Butler
Jared Butler
Washington Wizards, Point Guard
Age: 23-250d (Aug 25, 2000)
Exp: 3 Years
Country: US
College: Baylor
Drafted: Round 2 (#40 overall), 2021
2024-25 Cap Hit
$2,196,970
2024-25 Cash
$2,196,970
Career Earnings
$5,935,746
2023-2025 rest-of-season (CURRENT)
Jared Butler signed a 3 year , $5,828,471 contract with the Washington Wizards, including $1,250,000 guaranteed, and an average annual 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 Terms:
3 yr(s) / $5,828,471
Average Salary:
$1,942,824
GTD at Sign:
$1,250,000
Total GTD:
$1,250,000
Signed Using:
non-taxpayer-mid-level-exception
Free Agent:
2026 / UFA
| Year | Age | Option/Status | Base Salary | Incentives Likely | Incentives Unlikely | Cap Hit | Cap % League Cap | Luxury Tax | |
|---|---|---|---|---|---|---|---|---|---|
| 2023-24 |
|
23 | $1,250,000 | - | - | $1,250,000 | 0.92% | $1,250,000 | |
| 2024-25 |
|
24 | $2,196,970 | - | - | $2,196,970 | 1.56% | $2,196,970 | |
| 2025-26 |
|
25 |
Club
|
$2,381,501 | - | - | $2,381,501 | 1.54% | $2,381,501 |
| 2026-27 |
|
26 |
UFA |
| Year | Age | Status | Base Salary | Cash Total | Cash Cumulative | AYC Cumulative | AYC Remaining | |
|---|---|---|---|---|---|---|---|---|
| 2023 |
|
23 | $1,250,000 | $1,250,000 | $1,250,000 | $1,250,000 | $1,942,824 | |
| 2024 |
|
24 | $2,196,970 | $2,196,970 | $3,446,970 | $1,723,485 | $2,289,236 | |
| 2025 |
|
25 |
Club |
$2,381,501 | $2,381,501 | $5,828,471 | $1,942,824 | $2,381,501 |
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
Source:
Spotrac
2023-2023 two-way
Jared Butler signed a 1 year contract with the Washington Wizards.
Contract Terms:
1 yr(s)
GTD at Sign:
Total GTD:
Signed Using:
Free Agent:
2024 / RFA
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2021-2022 Rookie
Jared Butler signed a 2 year , $2,488,776 contract with the Utah Jazz, including $2,488,776 guaranteed, and an average annual salary of $1,244,388.
Contract Terms:
2 yr(s) / $2,488,776
Average Salary:
$1,244,388
GTD at Sign:
$2,488,776
Total GTD:
$2,488,776
Signed Using:
minimum-salary
Free Agent:
2023 / RFA
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Career Earnings thru 2024
$5,935,746
Career Earnings w/ Different Teams
2 teams
Earnings Per Year
| Year | Age | Team(s) | Status | Cash Total | Cash Cumulative | Awards |
|---|---|---|---|---|---|---|
| 2021 | 21 |
|
Active
|
$925,258 |
$925,258 |
|
| 2022 | 22 |
|
Retained
|
$1,563,518 |
$2,488,776 |
|
| 2023 | 23 |
|
Active
|
$1,250,000 |
$3,738,776 |
|
| 2024 | 24 |
|
Active
|
$2,196,970 |
$5,935,746 |
|
| Total |
$5,935,746 |
$5,935,746 |
||||
| 2025 | 25 |
|
Active / Club
|
$2,381,501 |
$8,317,247 |
|
| Total |
$8,317,247 |
| Year | Team(s) | Age | Base | Signing | Incentives | Cash Total | Cash Cumulative |
|---|---|---|---|---|---|---|---|
| 2021 |
|
21 |
$925,258
|
$925,258 |
$925,258 |
||
| 2022 |
|
22 |
$1,563,518
|
$1,563,518 |
$2,488,776 |
||
| 2023 |
|
23 |
$1,250,000
|
$1,250,000 |
$3,738,776 |
||
| 2024 |
|
24 |
$2,196,970
|
$2,196,970 |
$5,935,746 |
||
| Total |
$5,935,746 |
$5,935,746 |
$5,935,746 |
||||
| 2025 |
|
25 |
$2,381,501
|
$2,381,501 |
$8,317,247 |
||
| Total |
$8,317,247 |
$8,317,247 |
Earnings Per Team
| Years | Team | Base | Signing | Incentives | Cash Cumulative |
|---|---|---|---|---|---|
| 2 |
|
$2,488,776 | - | - | $2,488,776 |
| 1 |
|
$1,250,000 | - | - | $1,250,000 |
-
Apr 06, 2024
Signed a 3 year $5.83 million Rest-of-Season contract with Washington (WAS) - converted Two-Way contract
-
Jul 28, 2023
Signed a Two-Way contract with Washington (WAS)
- Jul 06, 2023 Oklahoma City (OKC) renounced their free-agent exception rights
-
Jun 29, 2023
Oklahoma City (OKC) declined to extend Qualifying Offer; becomes an Unrestricted Free Agent
-
Mar 03, 2023
Signed a Two-Way contract with Oklahoma City (OKC)
-
Oct 15, 2022
Waived by Utah (UTH)
-
Aug 11, 2021
Signed a 2 year $2.49 million contract with Utah (UTH)
-
Aug 07, 2021
Traded to Utah (UTA) from Memphis (MEM) with 2022 2nd round pick and 2026 2nd round pick for Santi Aldama
-
Aug 07, 2021
Traded 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, 2021
Drafted by New Orleans (NOP): Round 2 (#40 overall)
| Year | Team | GP | GS | Min/Gm | Pt/Gm | Reb/Gm | Ast/Gm | Stl/Gm | Blk/Gm | FG% | 3PT% | FT% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | WAS | 40 | 14.1 | 6.3 | 1.5 | 3.2 | 0.7 | 0.2 | .488 | .308 | .861 | |
| 2022 | OKC | 6 | 1 | 12.7 | 6.2 | 0.7 | 1.3 | 0.8 | .469 | .500 | ||
| 2021 | UTA | 42 | 1 | 8.5 | 3.8 | 1.1 | 1.5 | 0.4 | 0.2 | .404 | .318 | .688 |
