Memphis Grizzlies

2026-27 Cap Sheet • Western • Southwest

About this cap sheet

Explore Memphis Grizzlies's contracts, future payroll, draft picks, cap holds, and exceptions. Salary, cap holds, and available spending exceptions are different measures; a team's payroll alone does not determine its available cap room. Cap holds explained · Data and methodology

Under the Cap Cap Space / Cap Room Fundamentals The difference between a team's current salary and the salary cap. Teams with cap space can sign free agents or absorb salary in trades without sending matching salary out. Open in glossary →

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Team Salary

$161.8M

98.1% of cap

Salary Cap Salary Cap Fundamentals The maximum amount a team can spend on player salaries, set annually by the NBA based on Basketball Related Income (BRI). For 2025-26, the salary cap is $154,647,000. Unlike the NFL, the NBA's cap is a "soft cap" — teams can exceed it using various exceptions. Open in glossary →

$165.0M

Cap Space Cap Space / Cap Room Fundamentals The difference between a team's current salary and the salary cap. Teams with cap space can sign free agents or absorb salary in trades without sending matching salary out. Open in glossary →

$3.2M

Tax Line Luxury Tax Line Thresholds The salary threshold above which teams must pay the luxury tax. Set at $187,895,000 for 2025-26. Separate from the salary cap — a team can be over the cap without paying tax. Open in glossary →

$201.0M

Tax Bill Luxury Tax Fundamentals A dollar-for-dollar (or more) penalty paid by teams whose total salary exceeds the luxury tax line. For 2025-26, the tax line is $187,895,000. Tax rates increase with each bracket and are higher for repeat offenders. Open in glossary →

Roster Roster Limits Roster NBA teams can carry up to 15 players on standard contracts plus up to 3 two-way contracts (18 total). The minimum is 14 on opening day and 13 during the season. If a team has fewer than 12 players, an incomplete roster charge is assessed for each missing spot. Open in glossary →

19/15 +2/3

Cap Position

Cap

Tax

1st

2nd

Salary cap $165.0M Teams above this line can no longer use cap space to add salary — they sign and trade using exceptions instead. Luxury tax line $201.0M Total salary above this line is taxed, at escalating rates the further over you go. First apron $209.0M A hard ceiling for some moves — above it a team loses the bi-annual exception, sign-and-trade acquisitions, and the full mid-level. Second apron $222.0M The harshest tier — above it a team loses aggregation, the taxpayer mid-level, and can have future first-round picks frozen.

Cap Salary Cap Fundamentals The maximum amount a team can spend on player salaries, set annually by the NBA based on Basketball Related Income (BRI). For 2025-26, the salary cap is $154,647,000. Unlike the NFL, the NBA's cap is a "soft cap" — teams can exceed it using various exceptions. Open in glossary → $165.0M Tax Luxury Tax Line Thresholds The salary threshold above which teams must pay the luxury tax. Set at $187,895,000 for 2025-26. Separate from the salary cap — a team can be over the cap without paying tax. Open in glossary → $201.0M 1st Apron First Apron Thresholds The first tax apron ($195,945,000 in 2025-26) restricts teams from using the non-taxpayer MLE, bi-annual exception, sign-and-trades to acquire players, and prior-year TPEs. Teams above the first apron can only take back 100% of outgoing salary in trades. Open in glossary → $209.0M 2nd Apron Second Apron Thresholds The second tax apron ($207,824,000 in 2025-26) imposes the strictest restrictions. Teams above it cannot: aggregate salaries in trades, send cash in trades, use any MLE, send players via sign-and-trade, or trade first-round picks 7 years out. Their distant first-round picks are also "frozen." Open in glossary → $222.0M Team $161.8M

Season

Swipe salaries to change year. Contract totals include remaining option years, not cap holds.

#	Player	Pos	Age	26-27	27-28	28-29	29-30	30-31
1	Jerami Grant PF · 2 yrs · $70.6M left	PF	32	$34.2M	$36.4M PO	$54.6M	—	—
2	Isaiah Stewart C · 2 yrs · $30.0M left	C	25	$15.0M	$15.0M TO	$28.5M	—	—
3	Cameron Boozer PF · 4 yrs · $53.8M left	PF	19	$11.8M	$12.4M	$13.0M TO	$16.5M TO	$41.3M
4	Ty Jerome PG · 2 yrs · $18.9M left	PG	29	$9.2M	$9.7M PO	$12.6M	—	—
5	Quinten Post C · 3 yrs · $26.1M left	C	26	$9.0M	$8.6M	$8.6M	$16.2M	—
6	Taylor Hendricks PF · 1 yr · $7.8M left	PF	22	$7.8M	$23.4M	—	—	—
7	Jordan Hawkins SG · 1 yr · $7.0M left	SG	24	$7.0M	$21.1M	—	—	—
8	Zach Edey C · 2 yrs · $14.4M left	C	24	$6.3M	$8.1M TO	$24.2M	—	—
9	Cedric Coward SG · 3 yrs · $20.6M left	SG	23	$6.0M	$6.3M TO	$8.3M TO	$25.0M	—
10	D'Angelo Russell PG · 1 yr · $6.0M left	PG	30	$6.0M	$7.8M	—	—	—
11	Kris Murray PF · 1 yr · $5.3M left	PF	26	$5.3M	$15.9M	—	—	—
12	Walter Clayton Jr. PG · 3 yrs · $15.3M left	PG	23	$4.2M	$4.4M TO	$6.8M TO	$20.3M	—
13	Karim López PF · 4 yrs · $18.4M left	PF	19	$3.7M	$3.9M	$4.1M TO	$6.6M TO	$19.7M
14	Olivier-Maxence Prosper PF · 1 yr · $2.5M left	PF	24	$2.5M	$2.5M	—	—	—
15	Scotty Pippen Jr. PG · 2 yrs · $5.3M left	PG	25	$2.5M	$2.8M TO	$5.3M	—	—
16	Cam Spencer PG · 3 yrs · $7.9M left	PG	26	$2.4M	$2.6M	$2.8M TO	$5.4M	—
17	GG Jackson PF · 1 yr · $2.4M left	PF	21	$2.4M	$2.5M	—	—	—
18	Jaylen Wells SF · 2 yrs · $4.8M left	SF	23	$2.3M NG	$2.5M TO	$4.7M	—	—
19	Micah Peavy SF · 3 yrs · $7.4M left	SF	25	$2.2M	$2.5M	$2.7M TO	$5.2M	—
Dead Money (3 players)
—	Cole Anthony Stretched	—	—	$3.7M	$3.7M	—	—	—
—	Mamadi Diakite Waived	—	—	$464K	—	—	—	—
—	Kentavious Caldwell-Pope Dead Cap	—	—	$17.7M	—	—	—	—
Two-Way Contracts (2 of 3 slots • not counted against the cap or the 15-man roster)
—	Jahmai Mashack Two-Way	SG	23	$678K	—	—	—	—
—	Javon Small Two-Way	PG	23	$678K	—	—	—	—
	Total			$161.8M ($161.8M)	$118.9M ($192.0M)	$46.4M ($176.3M)	$23.0M ($95.1M)	$0 ($60.9M)
	Cap Space			$3.2M	-$10.5M	$23.4M	$124.5M	$180.6M
	1st Apron Space			$47.2M	$111.0M	$206.5M	$255.1M	$306.0M
	2nd Apron Space			$60.2M	$125.3M	$222.3M	$272.4M	$325.0M

Legend: Regular = under contract • Orange = Cap Hold Fundamentals A placeholder amount charged against a team's cap for free agents whose rights they hold. Cap holds count toward team salary even though no contract exists. Teams must renounce a player's rights to remove the cap hold, but doing so means losing the ability to re-sign that player using Bird rights. Open in glossary → • Blue = projected/edited • Struck = option declined • PO Player Opt • TO Team Opt • ETO Early Term • NG = non-guaranteed • Cap projections assume ~10% annual growth

Memphis Grizzlies

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