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. You can always check RosterResource.com 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
- Mike Conley — $26,540,100
- Chandler Parsons — $22,116,750
- Marc Gasol — $21,165,675 [Contract has 15% Trade Kicker]
- Zach Randolph — $10,361,445
- Brandan Wright — $5,709,880 [Contract has 15% Trade Kicker]
- Tony Allen — $5,505,618
- Vince Carter — $4,264,057 [Contract has 15% Trade Kicker]
- Troy Daniels — $3,332,940
- James Ennis — $2,898,000
- Wade Baldwin — $1,793,760
- Deyonta Davis — $1,369,229
- Jarell Martin — $1,286,160
- Jordan Adams — $1,220,900 [Waived by team]
- JaMychal Green — $980,431
- Andrew Harrison — $945,000
- Troy Williams — $543,471 [Waived by team]
- Toney Douglas — $379,159 [Waived by team (Mar 18)]
- Jamaal Franklin — $163,296 [Waived via Stretch Provision]
- Toney Douglas — $100,593 [Waived by team (Dec 15)]
- Wayne Selden — $83,199
- Toney Douglas — $57,672 [10-day contract (Jan 30); actual salary — $77,379]
- Toney Douglas — $57,672 [10-day contract (Feb 9); actual salary — $77,379]
- D.J. Stephens — $35,000 [Waived by team]
- Matt Costello — $31,500 [Waived by team]
- Tony Wroten — $25,000 [Waived by team]
Total Guaranteed Salary= $110,966,507
Cash Sent Out Via Trade: $250K — Sent $250K to Hornets in Troy Daniels trade [Amount Remaining $3.25MM]
Cash Received Via Trade: $0 [Amount Remaining $3.5MM]
Payroll Exceptions Available
- None [Room Exception used to sign James Ennis]
Total Projected Payroll: $110,966,507
Salary Cap: $94,143,000
Estimated Available Cap Space: –$16,823,507
Luxury Tax Threshold: $113,287,000
Total Projected Payroll For Tax Purposes: $111,470,216
Amount Below Luxury Tax: $1,816,784
Last Updated: 3/20/17
The Basketball Insiders salary pages and The Vertical’s salary database were used in the creation of this post.