Memphis Grizzlies 2024-25 Financial Summary

A current summary of Memphis Grizzlies 2024-25 player cap & cash figures.

Filtering & Sorting...
Total Cap

$172,962,882 / 19th

Cap Space

$-32,374,882 / 12th

Tax Space

$1,800,902

Cash Total

$168,763,098 / 18th

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
Morant Ja Morant PG 25 $36,725,670 26.12% $36,725,670 $36,725,670 $36,725,670 $36,725,670 2028
2
Bane Desmond Bane SG 26 $34,005,250 24.19% $35,147,000 $34,005,250 $34,005,250 $34,005,250 2029
3
Jackson Jr. Jaren Jackson Jr. PF 25 $25,257,798 17.97% $25,257,798 $25,257,798 $25,257,798 $25,257,798 2026
4
Smart Marcus Smart PG 30 $20,210,285 14.38% $20,210,285 $20,210,285 $19,960,285 $19,960,285 2026
5
Clarke Brandon Clarke PF 28 $12,500,000 8.89% $13,000,000 $12,500,000 $12,500,000 $12,500,000 2027
6
Kennard Luke Kennard SG 28 $9,250,000 6.58% $10,637,500 $9,250,000 $9,250,000 $9,250,000 2025
7
Konchar John Konchar SG 28 $6,165,000 4.39% $6,165,000 $6,165,000 $6,165,000 $6,165,000 2027
8
Edey Zach Edey C 22 $5,756,880 4.09% $5,756,880 $5,756,880 $5,756,880 $5,756,880 2028
9
Aldama Santi Aldama C 24 $3,960,531 2.82% $3,960,531 $3,960,531 $3,960,531 $3,960,531 2025
10
LaRavia Jake LaRavia PF 23 $3,352,680 2.38% $3,352,680 $3,352,680 $3,352,680 $3,352,680 2025
11
Williams Jr. Vincent Williams Jr. SF 24 $2,120,693 1.51% $2,120,693 $2,120,693 $2,120,693 $2,120,693 2027
12
Huff Jay Huff C 26 $2,088,033 1.49% $2,088,033 $2,088,033 $2,088,033 $2,088,033 2028
13
Pippen Jr. Scotty Pippen Jr. PG 24 $2,087,519 1.48% $2,087,519 $2,087,519 $2,087,519 $2,087,519 2028
14
Jackson G.G. Jackson PF 20 $1,891,857 1.35% $1,891,857 $1,891,857 $1,891,857 $1,891,857 2027
15
Wells Jaylen Wells SG 21 $1,157,153 0.82% $1,157,153 $1,157,153 $1,157,153 $1,157,153 2028
16
Castleton Colin Castleton PF 24 Two-Way - - - - - 2025
17
Spencer Cam Spencer SG 24 Two-Way - - - - - 2025
18
Kawamura Yuki Kawamura G 23 Two-Way - - - - - 2025

2024-25 Dead Money

Cap breakdowns for players who have been traded or released. All count against the team's cap.

  Player (3) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed
1
Chandler Kennedy Chandler PG 22 $2,019,699 1.44% $2,019,699 $2,019,699 $2,019,699 -
2
Diakite Mamadi Diakite PF 28 $464,050 0.33% $464,050 $464,050 $464,050 -
3
Rose Derrick Rose PG 36 - - - - - -

2024-25 Cap Hold

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

  Player (2) Pos Age Cap Hit Cap Hit Pct League Cap          
1
Watanabe Yuta Watanabe SF 30 $2,087,519 1.48% Early Bird
2
Pons Yves Pons G 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
Non-Taxpayer Mid-Level
Scotty Pippen Jr.
$2,087,519, Jay Huff
End-of-Season $12,822,000 $8,646,448
Bi-Annual
End-of-Season $4,668,000 $4,668,000
Trade
Steven Adams trade with HOU
2/2/2025 $12,600,000 $12,600,000
Trade
Xavier Tillman Sr. trade with BOS
2/10/2025 $1,930,681 $1,930,681
Trade
David Roddy trade with PHX
2/10/2025 $2,718,240 $2,718,240

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $166,529,349 19th
Dead Money $2,483,749 6th
Cap Hold $3,949,784 20th
Total Allocations $172,962,882 19th
Space $-32,374,882 12th
1st Apron Summary
1st Apron Maximum $178,132,000
Total Allocations $172,042,348 -
Space $6,089,652 -
2nd Apron Summary
2nd Apron Maximum $188,931,000
Total Allocations $172,042,348 -
Space $16,888,652 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $169,013,098 17th
Space $1,800,902 14th
Ext. Luxury Tax Bill $0 -

2024 Deadlines

Deadline Date Player Type Value
6/29/2025 Santi Aldama
RFA / QO
2025-26 Qualifying Offer
$5,940,797
6/29/2025 Colin Castleton
RFA / QO
2025-26 Qualifying Offer
$2,048,494
6/29/2025 Yuki Kawamura
RFA / QO
2025-26 Qualifying Offer
$2,048,494
6/29/2025 Cam Spencer
RFA / QO
2025-26 Qualifying Offer — Two-Way
$2,048,494
7/1/2025 Jake LaRavia
EXTENSION ELIGIBLE
2025-26 Extension Eligible
7/6/2025 Ja Morant
EXTENSION ELIGIBLE
2025-26 Extension Eligible
7/7/2025 John Konchar
EXTENSION ELIGIBLE
2025-26 Extension Eligible
10/1/2025 Brandon Clarke
EXTENSION ELIGIBLE
2025-26 Extension Eligible
10/31/2025 Zach Edey
CLUB
2026-27 Club Option
$6,332,760
1/11/2026 Vincent Williams Jr.
EXTENSION ELIGIBLE
2025-26 Extension Eligible
2/9/2026 G.G. Jackson
EXTENSION ELIGIBLE
2025-26 Extension Eligible
6/29/2026 G.G. Jackson
CLUB
2026-27 Club Option
$2,406,205
6/29/2026 Jake LaRavia
RFA / QO
2026-27 Qualifying Offer
$7,362,619
6/29/2026 Vincent Williams Jr.
CLUB
2026-27 Club Option
$2,489,752
6/30/2026 Jay Huff
GUARANTEED
2026-27 Guaranteed — via min/gm metric or date
$2,667,944
7/3/2026 Scotty Pippen Jr.
GUARANTEED
2026-27 Guaranteed
$2,461,462
7/6/2026 Jaylen Wells
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/8/2026 Desmond Bane
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/19/2026 Jaylen Wells
GUARANTEED
2026-27 Guaranteed — Opening Night TBD
$2,296,271
10/31/2026 Zach Edey
CLUB
2027-28 Club Option
$8,067,937
6/29/2027 Jay Huff
CLUB
2027-28 Club Option
$427,323
6/29/2027 Jaylen Wells
CLUB
2027-28 Club Option
6/29/2027 Scotty Pippen Jr.
CLUB
2027-28 Club Option
$396,604
6/30/2027 Jay Huff
GUARANTEED
2027-28 Guaranteed — via min/gm metric or date
$3,005,085
7/1/2027 Zach Edey
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/3/2027 Scotty Pippen Jr.
GUARANTEED
2027-28 Guaranteed
$2,789,215
10/18/2027 Jaylen Wells
GUARANTEED
2027-28 Guaranteed — Opening Night TBD
$2,486,995
6/29/2028 Zach Edey
RFA / QO
2028-29 Qualifying Offer
$11,738,849

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2023 Tarik Biberovic PF 23 Bosnia and Herzegovina
2015 Satnam Singh Bhamara C 28 India
2014 Nemanja Dangubic SG 31 Serbia

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
MEM

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
MEM
Or swap for least favorable of PHX, ORL and WAS 1-8 (via MEM swap for PHX)

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
MEM

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
MEM

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
MEM

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
MEM
More favorable of MEM and less favorable of PHX and WAS

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
MEM

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
NYK
More favorable of BOS and MEM to OKC then other to ORL (via BOS to OKC)

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
POR
If 43-60 (via UTA to GSW)
MEM
More favorable of IND and MIA to MEM

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
MEM
(via BOS)
HOU
(via LAC)

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
BKN
(via PHX)

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
BKN
(via PHX)

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
MEM
(via BOS)
MEM
31-50
MIN
51-60

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
MEM

TRANSACTIONS

Oct 31, 2024
Jake LaRavia, PF

Memphis (MEM) declined $5.16 million option for 2025-26

Oct 30, 2024
Colin Castleton, PF

Signed a Two-Way contract with Memphis (MEM)

Oct 28, 2024
Jay Huff, C

Signed a 4 year $10.11 million contract with Memphis (MEM) - converted Two-Way contract

Oct 19, 2024
Miles Norris, PF

Waived by Memphis (MEM)

Oct 19, 2024
Armando Bacot, PF

Waived by Memphis (MEM)

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