Memphis Grizzlies Multi-Year Salary Cap Table

A summary of financial breakdowns for the Memphis Grizzlies, including multi-year cap totals, player cap hits & free agents.

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Active Roster

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Pct of League Cap
Player (18) Pos Age 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30
Morant Ja Morant PG 25 36725670
$36,725,670
26.1%
 		39446090
Ext. Elig.
$39,446,090
25.5%
 		42166510
$42,166,510
24.8%
 		44886930
$44,886,930
24.0%
 		5
UFA / $53.9M
26.2%
 -10
Bane Desmond Bane SG 26 34005250
$34,005,250
24.2%
 		36725670
$36,725,670
23.7%
 		39446090
Ext. Elig.
$39,446,090
23.2%
 		42166510
$42,166,510
22.5%
 		44886930
$44,886,930
21.8%
 		5
UFA / $70.3M
31.0%
Jackson Jr. Jaren Jackson Jr. PF 25 25257798
$25,257,798
18.0%
 		23413395
Ext. Elig.
$23,413,395
15.1%
 		5
UFA / $35.1M
20.6%
 -10 -10 -10
Smart Marcus Smart PG 30 20210285
$20,210,285
14.4%
 		21586856
Ext. Elig.
$21,586,856
14.0%
 		5
UFA / $32.0M
18.8%
 -10 -10 -10
Clarke Brandon Clarke PF 28 12500000
$12,500,000
8.9%
 		12500000
Ext. Elig.
$12,500,000
8.1%
 		12500000
$12,500,000
7.3%
 		5
UFA / $18.8M
10.0%
 -10 -10
Kennard Luke Kennard SG 28 9250000
$9,250,000
6.6%
 		5
UFA / $17.6M
11.4%
 -10 -10 -10 -10
Konchar John Konchar SG 28 6165000
$6,165,000
4.4%
 		6165000
Ext. Elig.
$6,165,000
4.0%
 		6165000
$6,165,000
3.6%
 		5
UFA / $11.7M
6.3%
 -10 -10
Edey Zach Edey C 22 5756880
$5,756,880
4.1%
 		6045000
$6,045,000
3.9%
 		6332760
$6,332,760
3.7%
 		8067937
Ext. Elig.
$8,067,937
4.3%
 		4
RFA / $24.2M
11.8%
 -10
Aldama Santi Aldama C 24 3960531
Ext. Elig.
$3,960,531
2.8%
 		4
RFA / $11.9M
7.7%
 -10 -10 -10 -10
LaRavia Jake LaRavia PF 23 3352680
$3,352,680
2.4%
 		5
UFA / $5.2M
3.3%
 -10 -10 -10 -10
Williams Jr. Vincent Williams Jr. SF 24 2120693
$2,120,693
1.5%
 		2301587
$2,301,587
1.5%
 		2489752
Ext. Elig.
$2,489,752
1.5%
 		5
UFA / $4.7M
2.5%
 -10 -10
Huff Jay Huff C 26 2088033
$2,088,033
1.5%
 		2349578
$2,349,578
1.5%
 		2667944
$2,667,944
1.6%
 		3005085
$3,005,085
1.6%
 		5
UFA / $3.1M
1.5%
 -10
Pippen Jr. Scotty Pippen Jr. PG 24 2087519
$2,087,519
1.5%
 		2270735
$2,270,735
1.5%
 		2461462
$2,461,462
1.4%
 		2789215
$2,789,215
1.5%
 		5
UFA / $3.1M
1.5%
 -10
Jackson G.G. Jackson PF 20 1891857
$1,891,857
1.3%
 		2221677
$2,221,677
1.4%
 		2406205
Ext. Elig.
$2,406,205
1.4%
 		5
UFA / $2.8M
1.5%
 -10 -10
Wells Jaylen Wells SG 21 1157153
$1,157,153
0.8%
 		1955377
$1,955,377
1.3%
 		2296271
Ext. Elig.
$2,296,271
1.3%
 		2486995
$2,486,995
1.3%
 		5
UFA / $3.1M
1.5%
 -10
Castleton Colin Castleton PF 24 0
Two-Way
 
 		4
RFA / $2.0M
1.3%
 -10 -10 -10 -10
Kawamura Yuki Kawamura G 23 0
Two-Way
 
 		4
RFA / $2.0M
1.3%
 -10 -10 -10 -10
Spencer Cam Spencer SG 24 0
Two-Way
 
 		4
RFA / $2.0M
1.3%
 -10 -10 -10 -10

Dead Money

Player (3) Pos Age 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30
Chandler Kennedy Chandler PG 22 2019699
$2,019,699
1.4%
 -10 -10 -10 -10 -10
Diakite Mamadi Diakite PF 28 464050
$464,050
0.3%
 464050
$464,050
0.3%
 464050
$464,050
0.3%
 -10 -10 -10
Rose Derrick Rose PG 36 0
$0
 -10 -10 -10 -10 -10

Cap Hold

Player (2) Pos Age 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30
Watanabe Yuta Watanabe SF 30 5
UFA / $3.1M
1.5%
 4
UFA / $2.3M
1.5%
 4
UFA / $2.5M
1.5%
 4
UFA / $2.8M
1.5%
 4
UFA / $3.1M
1.5%
 -10
Pons Yves Pons G 25 4
UFA / $1.9M
1.3%
 4
UFA / $2.0M
1.3%
 4
UFA / $2.3M
1.3%
 4
UFA / $2.5M
1.3%
 4
UFA / $2.7M
1.3%
 -10

Summary

  CAP     2024-25 2025-26 2026-27 2027-28 2028-29 2029-30
Cap Maximum
$140,588,000
$154,647,000
$170,112,000
$187,123,000
$205,835,000
$226,419,000
Active Cap $166,529,349 $156,980,965 $118,931,994 $103,402,672 $44,886,930  
Dead Cap $2,483,749 $464,050 $464,050      
Cap Holds $3,949,784 $45,109,967 $74,704,935 $52,478,853 $111,656,085 $70,290,000
Total Cap Allocations $172,962,882 $202,554,982 $194,100,979 $155,881,525 $156,543,015 $70,290,000
Cap Space $-32,374,882 $-47,907,982 $-23,988,979 $31,241,475 $49,291,985 $156,129,000
  1st Apron                
Threshold $178,132,000 $195,946,000 $215,541,000 $237,096,000 $260,806,000 $286,887,000
Allocations $172,042,348 $159,178,105 $124,020,786 $114,059,468 $65,030,108 $0
1st Apron Space $6,089,652 $36,767,895 $91,520,214 $123,036,532 $195,775,892 $286,887,000
  2nd Apron                
Threshold $188,931,000 $207,825,000 $228,608,000 $251,469,000 $276,616,000 $304,278,000
Allocations $172,042,348 $159,178,105 $124,020,786 $114,059,468 $65,030,108 $0
2nd Apron Space $16,888,652 $48,646,895 $104,587,214 $137,409,532 $211,585,892 $304,278,000
  TAX     2024-25 2025-26 2026-27 2027-28 2028-29 2029-30
Tax Threshold
Active Tax $166,529,349 $156,980,965 $118,931,994 $103,402,672 $44,886,930  
Dead Tax $2,483,749 $464,050 $464,050      
Total Tax $169,013,098 $157,445,015 $119,396,044 $103,402,672 $44,886,930  
Tax Space $1,800,902 $30,451,985 $87,290,956 $123,952,328 $205,203,070 $275,100,000
Est. Tax Bill
  CASH     2024-25 2025-26 2026-27 2027-28 2028-29 2029-30
Total Cash $168,763,098 $157,195,015 $119,396,044 $103,402,672 $44,886,930  

Upcoming 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

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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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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