Denver Nuggets 2024-25 Financial Summary

A current summary of Denver Nuggets 2024-25 player cap & cash figures.

Filtering & Sorting...
Total Cap

$194,648,921 / 9th

Cap Space

$-54,060,921 / 22nd

Tax Space

$-11,760,315

Cash Total

$184,128,451 / 9th

2024-25 Active Roster

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
  Player (18) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
1
Jokic Nikola Jokic C 29 $51,415,938 36.57% $51,415,938 $51,415,938 $51,415,938 $51,415,938 2028
2
Murray Jamal Murray PG 27 $36,016,200 25.62% $36,016,200 $36,016,200 $36,016,200 $36,016,200 2025
3
Porter Jr. Michael Porter Jr. SF 26 $35,859,950 25.51% $35,859,950 $35,859,950 $35,859,950 $35,859,950 2027
4
Gordon Aaron Gordon PF 29 $22,841,455 16.25% $24,041,455 $22,841,455 $22,841,455 $22,841,455
5
Nnaji Zeke Nnaji PF 24 $8,888,889 6.32% $8,888,889 $8,888,889 $8,888,889 $8,888,889 2028
6
Saric Dario Saric PF 30 $5,168,000 3.68% $5,168,000 $5,168,000 $5,168,000 $5,168,000 2026
7
Westbrook Russell Westbrook PG 36 $3,303,771 2.35% $3,303,771 $3,303,771 $3,303,771 $3,303,771 2026
8
Braun Christian Braun SG 23 $3,089,640 2.20% $3,089,640 $3,089,640 $3,089,640 $3,089,640 2026
9
Holmes II DaRon Holmes II PF 22 $3,065,640 2.18% $3,065,640 $3,065,640 $3,065,640 $3,065,640 2028
10
Strawther Julian Strawther SF 22 $2,552,520 1.82% $2,552,520 $2,552,520 $2,552,520 $2,552,520 2027
11
Watson Peyton Watson SG 22 $2,413,560 1.72% $2,413,560 $2,413,560 $2,413,560 $2,413,560 2026
12
Jordan DeAndre Jordan C 36 $2,087,519 1.48% $2,087,519 $2,087,519 $3,303,771 $3,303,771 2025
13
Cancar Vlatko Cancar PF 27 $2,087,519 1.48% $2,087,519 $2,087,519 $2,425,403 $2,425,403 2025
14
Pickett Jalen Pickett PG 25 $1,891,857 1.35% $1,891,857 $1,891,857 $1,891,857 $1,891,857 2027
15
Tyson Hunter Tyson SF 24 $1,891,857 1.35% $1,891,857 $1,891,857 $1,891,857 $1,891,857 2027
16
Alexander Trey Alexander SG 21 Two-Way - - - - - 2025
17
Hall P.J. Hall PF 22 Two-Way - - - - - 2025
18
Jones Spencer Jones SF 23 Two-Way - - - - - 2025

2024-25 Cap Hold

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc.

  Player (6) Pos Age Cap Hit Cap Hit Pct League Cap          
1
Jefferson Richard Jefferson SF 44 $2,087,519 1.48% Non-Bird
2
Cousins DeMarcus Cousins C 34 $2,087,519 1.48% Non-Bird
3
Holiday Justin Holiday SG 35 $2,087,519 1.48% Non-Bird
4
Daniels Troy Daniels SG 33 $2,087,519 1.48% Non-Bird
5
Key Braxton Key SF 27 $1,862,265 1.32% Two-Way
6
Howard Markus Howard PG 25 $1,862,265 1.32% Two-Way

2024 Exceptions

Exceptions are essentially "grants" offering teams an additional way to sign players. Exceptions can be split up for multiple player signings, however only one of these exceptions may be used in a season and they cannot be combined.

Type Reason Used On Expires Original Available
Taxpayer Mid-Level
End-of-Season $5,168,000 $5,168,000

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $182,574,315 9th
Cap Hold $12,074,606 10th
Total Allocations $194,648,921 9th
Space $-54,060,921 22nd
1st Apron Summary
1st Apron Maximum $178,132,000
Total Allocations $183,774,315 -
Space $-5,642,315 -
2nd Apron Summary
2nd Apron Maximum
This team is currently hard-capped at the second apron.
$188,931,000
Total Allocations $183,774,315 -
Space $5,156,685 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $182,574,315 9th
Space $-11,760,315 22nd
Ext. Luxury Tax Bill $20,356,999 -

2024 Deadlines

Deadline Date Player Type Value
6/29/2025 Aaron Gordon
PLAYER
2025-26 Player Option
$22,841,455
6/29/2025 Spencer Jones
RFA / QO
2025-26 Qualifying Offer — Two-Way
$2,048,494
6/29/2025 Aaron Gordon
PLAYER
2028-29 Player Option
$37,094,523
6/29/2025 Trey Alexander
RFA / QO
2025-26 Qualifying Offer — Two-Way
$2,048,494
6/29/2025 Dario Saric
PLAYER
2025-26 Player Option
$5,426,400
6/29/2025 Russell Westbrook
PLAYER
2025-26 Player Option
$3,468,960
6/29/2025 P.J. Hall
RFA / QO
2025-26 Qualifying Offer — Two-Way
$2,048,494
7/8/2025 Nikola Jokic
EXTENSION ELIGIBLE
2025-26 Extension Eligible
10/31/2025 DaRon Holmes II
CLUB
2026-27 Club Option
$3,372,120
10/31/2025 Julian Strawther
CLUB
2026-27 Club Option
$4,826,931
6/29/2026 Hunter Tyson
CLUB
2026-27 Club Option
$2,406,205
6/29/2026 Jalen Pickett
CLUB
2026-27 Club Option
$2,406,205
6/29/2026 Peyton Watson
RFA / QO
2026-27 Qualifying Offer
$6,534,714
10/21/2026 Zeke Nnaji
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/31/2026 DaRon Holmes II
CLUB
2027-28 Club Option
$5,547,138
6/29/2027 Nikola Jokic
PLAYER
2027-28 Player Option
$62,832,000
6/29/2027 Zeke Nnaji
PLAYER
2027-28 Player Option
$7,466,667
6/29/2027 Julian Strawther
RFA / QO
2027-28 Qualifying Offer
$7,723,090
9/7/2027 Jamal Murray
EXTENSION ELIGIBLE
2027-28 Extension Eligible
10/1/2027 Aaron Gordon
EXTENSION ELIGIBLE
2027-28 Extension Eligible
6/29/2028 DaRon Holmes II
2028-29
$8,586,971

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2012 Izzet Turkyilmaz C 34 Turkey
2003 Xue Yuyang PF 42 China
2003 Sani Bečirovič SG 43 Slovenia

Future Draft Picks

2025

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DEN
If 1-5
ORL
If 6-30

2026

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DEN
If 1-5 if not already settled with ORL
ORL
If 6-30 if not already settled

2027

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DEN
If 1-5 if not already settled with ORL or 1-5 if 1st conveyed to ORL by 2025
ORL    OKC
If 6-30 if not already settled or to OKC if 6-30 if DEN conveyed 1st to ORL by 2025
OKC    DEN    OKC
Two most favorable of DEN 6-30, LAC and OKC (via OKC swap for LAC)

2028

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DEN
If 1-5 if 1st conveyed to ORL by 2026
OKC
If 6-30 if 1st conveyed to ORL by 2026

2029

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DEN
If 1-5 if not already settled with OKC or 1-5 if DEN conveys 1st to OKC by 2027
OKC
If 6-30 if not already settled or 6-30 if DEN conveys 1st to OKC by 2027

2030

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DEN
If 1-5 if not already settled with OKC or 1-5 if DEN conveys 1st to OKC by 2028
OKC
If 6-30 if not already settled or 6-30 if DEN conveys 1st to OKC by 2028

2031

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DEN

2025

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
DET
Least favorable of DEN and PHI (via PHI to OKC to CHA to DEN to MIN (via DEN))

2026

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
PHX

2027

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
CLE

2028

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
DEN
If 31-33
SAS
If 34-60

2029

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
CHA    OKC
CHA pick if DEN conveys 1st to OKC by 2029; OKC pick if DEN does not convey 1st to OKC by 2029

2030

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
CHA    OKC
CHA pick if DEN conveys second 1st to OKC by 2030; OKC pick if DEN does not convey second 1st to OKC by 2030

2031

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
PHX

TRANSACTIONS

Oct 21, 2024
Aaron Gordon, PF

Signed a 3 year $103.6 million veteran contract extension with Denver (DEN) - includes 2028-29 Player Option and 3% Trade Bonus

Oct 21, 2024
Aaron Gordon, PF

Exercised $22.8 million Player Option with Denver (DEN) for 2025-26 as part of veteran contract extension

Oct 16, 2024
Andrew Funk, SG

Waived by Denver (DEN)

Oct 16, 2024
Will Richardson, PG

Waived by Denver (DEN)

Oct 16, 2024
Charles Bediako, F

Waived by Denver (DEN)

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