NBA
Kenneth Lofton Jr.
Kenneth Lofton Jr.
Utah Jazz, Power Forward
Age: 21-264d (Aug 14, 2002)
Exp: 2 Years
Country: US
College: Louisiana Tech
2024-25 Cap Hit
$2,120,693
2024-25 Cash
$2,120,693
Career Earnings
$5,340,557
2023-2025 rest-of-season (CURRENT)
Kenneth Lofton Jr. signed a 3 year , $4,922,280 contract with the Utah Jazz, including $500,000 guaranteed, and an average annual salary of $1,640,760. In 2024-25, Lofton Jr. will earn a base salary of $2,120,693, while carrying a cap hit of $2,120,693.
Contract Terms:
3 yr(s) / $4,922,280
Average Salary:
$1,640,760
GTD at Sign:
$500,000
Total GTD:
$500,000
Signed Using:
room-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 |
|
21 | $500,000 | - | - | $500,000 | 0.37% | $500,000 | |
| 2024-25 |
|
22 | $2,120,693 | - | - | $2,120,693 | 1.50% | $2,120,693 | |
| 2025-26 |
|
23 | $2,301,587 | - | - | $2,301,587 | 1.48% | $2,301,587 | |
| 2026-27 |
|
24 |
UFA |
| Year | Age | Status | Base Salary | Cash Total | Cash Cumulative | AYC Cumulative | AYC Remaining | |
|---|---|---|---|---|---|---|---|---|
| 2023 |
|
21 | $500,000 | $500,000 | $500,000 | $500,000 | $1,640,760 | |
| 2024 |
|
22 | $2,120,693 | $2,120,693 | $2,620,693 | $1,310,347 | $2,211,140 | |
| 2025 |
|
23 | $2,301,587 | $2,301,587 | $4,922,280 | $1,640,760 | $2,301,587 |
Trade Restriction:
This player cannot be traded until Jun 11, 2024.
Contract Notes
- 2024-25: non-guaranteed, $400,000 guaranteed 7/25/24, $600,000 guaranteed Opening Night, fully guaranteed 1/10/25
- 2025-26: Club Option/non-guaranteed, $434,120 guaranteed 7/25/25, $651,180 guaranteed Opening Night, fully guaranteed 1/10/26
Source:
Spotrac
2023-2023 two-way
Kenneth Lofton Jr. signed a 1 year contract with the Memphis Grizzlies.
Contract Terms:
1 yr(s)
GTD at Sign:
Total GTD:
Signed Using:
Free Agent:
2024 / RFA
To see the rest of the Kenneth Lofton Jr.'s contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here
2022-2025 rest-of-season
Kenneth Lofton Jr. signed a 4 year , $6,927,014 contract with the Memphis Grizzlies, including $2,719,864 guaranteed, and an average annual salary of $1,731,754. In 2024-25, Lofton Jr. will earn a base salary of $2,019,699, while carrying a cap hit of $2,019,699.
Contract Terms:
4 yr(s) / $6,927,014
Average Salary:
$1,731,754
GTD at Sign:
$2,719,864
Total GTD:
$2,719,864
Signed Using:
non-taxpayer-mid-level-exception
Free Agent:
2026 / UFA
To see the rest of the Kenneth Lofton Jr.'s contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here
2022-2022 two-way
Kenneth Lofton Jr. signed a 1 year contract with the Memphis Grizzlies.
Contract Terms:
1 yr(s)
GTD at Sign:
Total GTD:
Signed Using:
Free Agent:
2023 / RFA
To see the rest of the Kenneth Lofton Jr.'s contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here
Career Earnings thru 2024
$5,340,557
Career Earnings w/ Different Teams
2 teams
Earnings Per Year
| Year | Age | Team(s) | Status | Cash Total | Cash Cumulative | Awards |
|---|---|---|---|---|---|---|
| 2022 | 20 |
|
Active
|
$1,000,000 |
$1,000,000 |
|
| 2023 | 21 |
|
Retained
Active
|
$1,719,864 $500,000 |
$2,719,864 $3,219,864 |
|
| 2024 | 22 |
|
Active
|
$2,120,693 |
$5,340,557 |
|
| Total |
$5,340,557 |
$5,340,557 |
||||
| 2025 | 23 |
|
Active
|
$2,301,587 |
$7,642,144 |
|
| Total |
$7,642,144 |
| Year | Team(s) | Age | Base | Signing | Incentives | Cash Total | Cash Cumulative |
|---|---|---|---|---|---|---|---|
| 2022 |
|
20 |
$1,000,000
|
$1,000,000 |
$1,000,000 |
||
| 2023 |
|
21 |
$1,719,864 $500,000
|
$1,719,864 $500,000 |
$2,719,864 $3,219,864 |
||
| 2024 |
|
22 |
$2,120,693
|
$2,120,693 |
$5,340,557 |
||
| Total |
$5,340,557 |
$5,340,557 |
$5,340,557 |
||||
| 2025 |
|
23 |
$2,301,587
|
$2,301,587 |
$7,642,144 |
||
| Total |
$7,642,144 |
$7,642,144 |
Earnings Per Team
| Years | Team | Base | Signing | Incentives | Cash Cumulative |
|---|---|---|---|---|---|
| 2 |
|
$2,719,864 | - | - | $2,719,864 |
| 1 |
|
$500,000 | - | - | $500,000 |
-
Mar 11, 2024
Signed a 3 year $4.92 million Rest-of-Season contract with Utah (UTA) - includes 2025-26 Club Option
-
Mar 01, 2024
Waived by Philadelphia (PHI)
-
Dec 23, 2023
Signed a Two-Way contract with Philadelphia (PHI)
-
Dec 18, 2023
Waived by Memphis (MEM)
-
Apr 08, 2023
Memphis (MEM) terminated Two-Way contract
-
Apr 08, 2023
Signed a 4 year $6.92 million Rest-of-Season contract with Memphis (MEM) - includes 2024-25 non-guaranteed and 2025-26 Club Option
-
Jul 02, 2022
Signed a Two-Way contract with Memphis (MEM)
| Year | Team | GP | GS | Min/Gm | Pt/Gm | Reb/Gm | Ast/Gm | Stl/Gm | Blk/Gm | FG% | 3PT% | FT% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | UTA | 21 | 9.4 | 4.6 | 1.8 | 1.6 | 0.3 | 0.2 | .462 | .292 | .654 | |
| 2022 | MEM | 24 | 1 | 7.3 | 5.0 | 2.1 | 0.8 | 0.2 | 0.1 | .527 | .353 | .593 |
