Utah Jazz

Utah Jazz 2023-24 Salary Cap

Jazz 2023-24 Salary Cap

An updated look at the Utah Jazz 2023 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

2023 NBA Offseason Financial Previews: Denver Nuggets
Breaking down the upcoming offseason for each 2023-24 NBA team, including cap space figures, free agents, draft pick scenarios, & thoughts on potential trades, exceptions, & plenty more. READ ON
Player Option
Club Option
Non-Guaranteed
Estimate
Player (15) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap
Figure
Cap %
Team
Cap %
League
Cash Remaining
(Guaranteed)
Notes
Collins John Collins PF $25,340,000 $25,340,000 - - - $25,340,000 18.64 18.63 $78,500,000
($78,500,000)
Acquired via Trade
Clarkson Jordan Clarkson SG $23,487,629 $23,487,629 - $515,491 - $23,487,629 17.27 17.27 $51,865,920
($51,865,920)
Free Agent / Bird
Sexton Collin Sexton PG $17,325,000 $17,325,000 - $500,000 - $17,325,000 12.74 12.74 $54,450,000
($54,450,000)
Acquired via Trade
Markkanen Lauri Markkanen PF $17,259,999 $17,259,999 - - - $17,259,999 12.69 12.69 $35,304,543
($23,259,999)
Acquired via Trade
Olynyk Kelly Olynyk PF $12,195,122 $12,195,122 - - - $12,195,122 8.97 8.97 $12,195,122
($12,195,122)
Acquired via Trade
Horton-Tucker Talen Horton-Tucker SG $11,020,000 $11,020,000 - - - $11,020,000 8.10 8.10 $11,020,000
($11,020,000)
Acquired via Trade
Hendricks Taylor Hendricks PF $5,569,920 $5,569,920 - - - $5,569,920 4.10 4.09 $25,351,580
($11,418,600)
Drafted / Rookie Scale
Agbaji Ochai Agbaji SF $4,114,200 $4,114,200 - - - $4,114,200 3.03 3.02 $14,808,005
($4,114,200)
Acquired via Trade
George Keyonte George SG $3,889,800 $3,889,800 - - - $3,889,800 2.86 2.86 $18,816,885
($7,974,000)
Drafted / Rookie Scale
Fontecchio Simone Fontecchio SF $3,044,872 $3,044,872 - - - $3,044,872 2.24 2.24 $3,044,872
($3,044,872)
Free Agent / NT-MLE
Kessler Walker Kessler C $2,831,160 $2,831,160 - - - $2,831,160 2.08 2.08 $10,676,018
($2,831,160)
Drafted / Rookie Scale
Yurtseven Omer Yurtseven C $2,800,000 $2,800,000 - - - $2,800,000 2.06 2.06 $5,460,000
($1,400,000)
Free Agent / Space
G'teed: $1,400,000
Dunn Kris Dunn PG $2,586,484 $2,586,484 - - - $2,586,484 1.90 1.90 $2,586,484
($0)
RoS / NT-MLE
G'teed: $0
Sensabaugh Brice Sensabaugh SF $2,448,600 $2,448,600 - - - $2,448,600 1.80 1.80 $12,576,077
($5,020,080)
Drafted / Rookie Scale
Samanic Luka Samanic PF $2,066,585 $2,066,585 - - - $2,066,585 1.52 1.52 $2,066,585
($400,000)
RoS / NT-MLE
G'teed: $400,000


2023-24 Two-Way

Players signed to Two-Way contracts that are currently designated to G-League affiliate. Two-way salaries do not count against a team's Total Cap/Tax Allocations.

Player (3) Pos.
HauserJoey Hauser PF          
JuzangJohnny Juzang SG          
PotterMicah Potter C          


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.

Room Mid-Level Exception Details is awarded annually to teams who are below the cap (eliminating the NTMLE/TMLE/BAE) and can be used for contracts up to 2 years in length.

Trade Exception Details becomes available when a team relinquishes more salary than it acquires during a trade. The "credit" balance remains as an exception that can be used within the next year to acquire salary via trade without further relinquishing additional salary.

Type Reason (Used On) Original Available
Room
$7,723,000 $7,723,000


2023-24 Luxury Tax Totals

Denotes the Jazz current standing in terms of the luxury tax threshold. Teams that spend over the threshold pay fines (estimated below).

Type Totals
2023 NBA Luxury Tax Threshold $165,294,000
Total Taxable Salaries $135,979,371
Current Luxury Tax Space $29,314,629


2023-24 Utah Jazz Salary Cap Totals

The Jazz are currently under the league salary cap, meaning all Cap Holds & Exceptions are included in their Total Cap Allocations. The Cap Max Space figure below represents how much salary cap remains after all allocations are included.

Cap Type Cap Total
Active Roster Cap $135,979,371
Total Cap Allocations $135,979,371
Salary Cap Maximum
2023 NBA Salary Cap Max $136,021,000
Current Cap Space $41,629
"Super Tax" Apron
2023 NBA Super-Tax Apron $182,794,000
Super-Tax Apron Space $45,799,138
Salary Cap Floor
2023 NBA Salary Cap Floor $122,418,900
Current Floor Space $-13,560,471
 

2023-24 Practical Cap Space

Available Practical Cap Space: $28,062,764 — $5,694,698

$28,062,764
Projected Practical Cap Space:

This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries + estimated exercised and declined options + estimated retained cap holds and draft pool cap holds.

$5,694,698
Maximum Possible Cap Space:

This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries. All other options, cap holds, exceptions are assumed as declined, waived or renounced.





Deadlines

Deadline Date Player Type Value
10/23/2023 Kris Dunn 2023-24 Guaranteed $2,586,484
10/23/2023 Luka Samanic 2023-24 Guaranteed $600,000
10/31/2023 Walker Kessler 2024-25 Club Option $2,965,920
10/31/2023 Ochai Agbaji 2024-25 Club Option $4,310,280
1/10/2024 Luka Samanic 2023-24 Guaranteed $2,066,585
1/10/2024 Omer Yurtseven 2023-24 Guaranteed $2,800,000
6/29/2024 Simone Fontecchio 2024-25 Qualifying Offer $3,806,090
6/29/2024 Johnny Juzang 2024-25 Qualifying Offer $1,981,953
6/29/2024 Micah Potter 2024-25 Qualifying Offer $1,923,495
6/29/2024 Lauri Markkanen 2024-25 Guaranteed — later of 1 day after 2024 NBA Draft or 2 days prior to start of 2024 Moratorium $18,044,544
6/29/2024 Joey Hauser 2024-25 Qualifying Offer $1,981,953
10/31/2024 Walker Kessler 2025-26 Club Option $4,878,938
10/31/2024 Ochai Agbaji 2025-26 Club Option $6,383,525
10/31/2024 Taylor Hendricks 2025-26 Club Option $6,127,080
10/31/2024 Keyonte George 2025-26 Club Option $4,278,960
10/31/2024 Brice Sensabaugh 2025-26 Club Option $2,693,760
1/10/2025 Omer Yurtseven 2024-25 Guaranteed $2,660,000
6/30/2025 John Collins 2025-26 Player Option $26,580,000
10/31/2025 Taylor Hendricks 2026-27 Club Option $7,805,900
10/31/2025 Keyonte George 2026-27 Club Option $6,563,925
10/31/2025 Brice Sensabaugh 2026-27 Club Option $4,862,237
6/29/2026 Walker Kessler 2026-27 Qualifying Offer $7,064,702
6/29/2026 Ochai Agbaji 2026-27 Qualifying Offer $8,879,483
6/29/2027 Taylor Hendricks 2027-28 Qualifying Offer $11,357,585
6/29/2027 Keyonte George 2027-28 Qualifying Offer $9,878,708
6/29/2027 Brice Sensabaugh 2027-28 Qualifying Offer $7,730,957




Unsigned Draft Picks

Draft Year Player Age Position Country College
2003 Mario Austin 41 F USA Mississippi State
2002 Peter Fehse 40 F DEU


Future Draft Picks

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
2024
UTA
Top-10 Protected (from OKC)
OKC
Least favorable of HOU 5-30, LAC, OKC and UTA 11-30 to IND then others to OKC
2025
UTA
UTA
UTA
Top-10 Protected (if not already settled with OKC)
OKC
11-30 (if not already settled)
2026
CLE    UTA
UTH right to swap with CLE
MIN    UTA
UTH right to swap with MIN
UTA
Top-8 Protected (if not already settled with OKC Or MIN via UTA swap for MIN) OR swap with CLE
OKC
9-30 (if not already settled)
2027
UTA
LAL
Top-4 Protected
UTA
5-30
UTA
UTA
2028
CLE    UTA
UTH right to swap with CLE
UTA    CLE
UTH right to swap with CLE
2029
UTA
MIN
Top-5 Protected
UTA
6-30
UTA
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
2024
NYK
More favorable of CLE and UTA to NYK then other to IND or LAC ((via UTA swap for CLE) via CLE)
2025
MIN
2026
SAS
vai MIN
2027
LAL    UTA
LAL pick if LAL conveys 1st to UTH in 2027; UTH pick if LAL does not convey 1st to UTH in 2027
IND
via CLE
2028
OKC
2029
MIN    UTA
MIN pick if MIN conveys 1st to UTA in 2029; UTA pick if MIN does not convey 1st to UTA in 2029
UTA