Salary Cap Snapshot: Utah Jazz

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 Utah Jazz, who currently are well under 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 Jazz’s team page accessible here.

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

Guaranteed Salary

Total Guaranteed Salary= $79,332,496

Non-Guaranteed Salary

  • Christapher Johnson —$1,050,961 [Salary Fully Guaranteed On 1/10/17]
  • Jeff Withey —$1,015,696 [Salary Fully Guaranteed On 1/10/17]
  • Quincy Ford —$543,471 [Salary Fully Guaranteed On 1/10/17]
  • Marcus Paige —$418,471 [Salary Fully Guaranteed On 1/10/17]

Total Non-Guaranteed Salary= $3,028,599

Eligible for Rookie Scale Extension

Cash Sent Out Via Trade:  TBD — undisclosed amount sent to Sixers in Tibor Pleiss trade [Amount Remaining $3.5MM]

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

Payroll Exceptions Available

  • Room Exception — $2,898,000

Total Projected Payroll: $82,361,095

Salary Cap: $94,143,000

Estimated Available Cap Space: $11,781,905

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $30,925,905

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

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