Milwaukee Bucks

2026-27 Cap Sheet • Eastern • Central

Over Cap, Below First 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 →

Curry's Last Dance

Linked Teams: GSW

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Scenario Trades (1)

↙ Trade with MIL mirrored Valid

Sent: Tyler Herro, Myles Turner, Jaime Jaquez Jr. Received: Jimmy Butler, Moses Moody Picks in: 2027 Rnd 1, 2029 Rnd 1, 2031 Rnd 1

Team Salary

$195.3M

118.3% of cap

+ $4.6M cap holds 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 →

$199.9M

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 →

-$30.3M

w/ holds: -$34.9M

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 →

16/15 +1/3

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 $195.3M w/ Holds 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 → $199.9M

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 →

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	Jimmy Butler via GSW SF · 1 yr · $56.8M left	SF	37	$56.8M	$41.3M	—	—	—
2	Kyle Kuzma PF · 1 yr · $20.5M left	PF	31	$20.5M NG	$30.7M	—	—	—
3	Gary Trent Jr. SG · 4 yrs · $64.0M left	SG	27	$15.2M	$16.4M	$16.4M	$16.0M	$30.4M
4	Caris LeVert SG · 1 yr · $14.8M left	SG	32	$14.8M	$19.3M	—	—	—
5	Moses Moody via GSW SG · 2 yrs · $25.9M left	SG	24	$12.5M	$13.4M	$16.1M	—	—
6	AJ Green SG · 4 yrs · $45.0M left	SG	26	$10.0M	$10.8M	$11.7M	$12.5M	$23.7M
7	Brayden Burries SG · 4 yrs · $29.2M left	SG	20	$6.4M	$6.7M	$7.1M TO	$9.0M TO	$27.0M
8	Ousmane Dieng PF · 3 yrs · $17.3M left	PF	23	$5.8M	$5.8M	$5.8M TO NG	$17.3M	—
9	Nate Ament SF · 4 yrs · $26.0M left	SF	19	$5.5M	$5.8M	$6.1M TO	$8.6M TO	$25.9M
10	Kevin Porter Jr. SG · 1 yr · $5.4M left	SG	26	$5.4M	$7.0M	—	—	—
11	Kel'el Ware C · 2 yrs · $11.8M left	C	22	$4.7M	$7.1M TO	$21.4M	—	—
12	Ryan Rollins PG · 2 yrs · $8.0M left	PG	24	$4.0M	$4.0M PO	$7.6M	—	—
13	Kasparas Jakucionis PG · 3 yrs · $14.1M left	PG	20	$3.8M	$4.0M TO	$6.2M TO	$18.6M	—
14	Jericho Sims C · 1 yr · $2.8M left	C	27	$2.8M	$3.6M	—	—	—
15	Pete Nance PF · 2 yrs · $5.2M left	PF	26	$2.5M NG	$2.7M TO NG	$5.1M	—	—
16	Thanasis Antetokounmpo SF · No contract	SF	34	$2.5M	—	—	—	—
17	Bogoljub Marković PF · 4 yrs · $9.3M left	PF	21	$1.4M	$2.3M	$2.7M	$2.9M TO	$5.5M
Dead Money (2 players)
—	Damian Lillard Stretched	—	—	$22.5M	$22.5M	$22.5M	$22.5M	—
—	Vasilije Micic Stretched	—	—	$666K	$666K	—	—	—
Two-Way Contracts (1 of 3 slots • not counted against the cap or the 15-man roster)
—	Cormac Ryan Two-Way	SG	27	$678K	—	—	—	—
	Total			$195.3M ($199.9M)	$102.3M ($204.2M)	$78.3M ($128.6M)	$71.5M ($107.4M)	$0 ($112.6M)
	Cap Space			-$34.9M	-$22.7M	$71.1M	$112.2M	$129.0M
	1st Apron Space			$13.7M	$127.6M	$174.6M	$206.6M	$306.0M
	2nd Apron Space			$26.7M	$141.9M	$190.3M	$223.9M	$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

Milwaukee Bucks

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