Salary Cap Snapshot: Memphis Grizzlies

With the free agent signing period winding down and teams looking ahead to the preseason, we at Hoops Rumors will be tracking the Salary Cap figures for each team around the league.  These posts will be maintained throughout the season once financial data is reported. They will be located on the sidebar throughout the year, once all the teams’ cap figures have been relayed. The next franchise we’ll be looking at are the Memphis Grizzlies, who currently are well over the league’s salary cap of $94,143,000 for the 2016/17 season. You can always check for up-to-date rosters for each franchise, with the Grizzlies’ team page accessible here.

Here’s a breakdown of where the Grizzlies currently stand financially:

Guaranteed Salary

Total Guaranteed Salary= $107,062,933

Non-Guaranteed Salary

  • Vince Carter — $2,264,057 [Salary fully guaranteed on 1/1/17]
  • Tony Wroten — $1,025,961 [Salary fully guaranteed on 1/10/17]
  • D.J. Stephens — $839,636 [Salary fully guaranteed on 1/10/17]
  • JaMychal Green — $780,431 [Salary fully guaranteed on 1/1/17]
  • Wayne Selden — $543,471 [Salary fully guaranteed on 1/10/17]
  • Troy Williams — $393,471 [Salary fully guaranteed on 1/10/17]

Total Non-Guaranteed Salary= $5,847,027

Eligible for Rookie Scale Extensions: None

Cash Sent Out Via Trade: TBD Sent out unknown amount to Hornets in Troy Daniels trade [Amount Remaining $3.5MM]

Cash Received Via Trade: $0 [Amount Remaining $3.5MM]

Payroll Exceptions Available

Total Projected Payroll: $112,909,960

Salary Cap: $94,143,000

Estimated Available Cap Space: $18,766,960

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $377,040

The Basketball Insiders salary pages were used in the creation of this post.

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