spotrac Full Details

Jared Butler

Washington Wizards, Point Guard

2023-2025 rest-of-season (CURRENT)

Year Age Status Cap HitAnnual Cap % League Cap Apron Salary Luxury Tax Tax % League Tax Cash Annual Cash Guaranteed Cash Cumulative
2023-24 23 $1,250,000 0.92% $1,250,000 $1,250,000 0.76% $1,250,000 $1,250,000 $1,250,000
2024-25 24 $2,196,970 1.56% $2,196,970 $2,196,970 1.29% $2,196,970 - $3,446,970
2025-26 25
Club
$2,381,501 1.54% $2,381,501 $2,381,501 1.27% $2,381,501 - $5,828,471
2026-27 26
UFA
Year Age 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
2023-24 23 $1,250,000 $1,250,000 $1,250,000 $1,250,000 $1,942,824
2024-25 24 $2,196,970 $2,196,970 $3,446,970 $1,723,485 $2,289,236
2025-26 25
Club
$2,381,501 $2,381,501 $5,828,471 $1,942,824 $2,381,501
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

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
Total      
$3,738,776
$3,738,776
2024 24
Active
$2,196,970
2025 25
Active / Club
$2,381,501
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
Total
$3,738,776
$3,738,776
$3,738,776
2024
24
$2,196,970
$2,196,970
2025
25
$2,381,501
$2,381,501
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
Cap Hit

$2,196,970 / 348th

Cash Total

$2,196,970 / 372nd

Contract Value

$5,828,471 / 372nd

Contract Average

$1,942,824 / 411th

AAV% of Cap

1.43% / 408th

Signing Bonus

$0 / 7th

2-Year Cash

$3,446,970 / 366th

3-Year Cash

$5,828,471 / 347th

Total Guaranteed

$1,250,000 / 418th

Guaranteed at Signing

$1,250,000 / 409th

  • 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)