Houston Rockets Salary Cap

What the Rockets owe, what counts against the cap, and how much room they have to add players. Every number is computed live; tap any underlined term or figure to see how it's built.
2026-27 cap report
Over the cap
Rockets are $22.5M over the cap on payroll.
An over-the-cap team builds with exceptions, not cap space. $13.5M of room before the luxury tax.
Real payroll$187.5M
Free-agent holdsplaceholder$32.4M
A cap hold is a placeholder charge for a team's own free agent, sized by his Bird bracket. The Rockets carry $32.4M in free-agent holds; these count against the cap only, never the tax or aprons. What is the cap hold?
Counts against the cap$219.9M
League cap line$165.0M
Salary capRockets are here
Build via exceptions
$22.5M over
vs $165.0M · payroll
The salary cap is $165.0M (projected). The Rockets' cap salary (contracts, dead money and holds) is $219.9M, putting them $54.9M over the cap, so they build the roster with exceptions and Bird rights instead of cap space. What is the salary cap?
Luxury tax
No tax bill
$13.5M under
vs $201.0M · payroll
The luxury-tax line is $201.0M (projected); holds don't count against it, only contracts and dead money ($187.5M for the Rockets). They have $13.5M of room before the luxury tax. What is the luxury tax?
1st apron
Full toolkit
$20.1M under
vs $209.0M · payroll
The first apron sits at $209.0M (projected), about $8.0M above the tax line. The Rockets have $20.1M of room before the first apron. What is the first apron?
2nd apron
Below the ceiling
$33.1M under
vs $222.0M · payroll
The second apron sits at $222.0M (projected). The Rockets have $33.1M of room before it. What is the second apron?

The four lines a team's spending crosses, low to high. The highlighted one is where the Rockets sit now; faded lines aren't a factor this season. Tap any line for what it means.

Holds intact = an over-the-cap team with Bird rights. Renounce all free-agent holds (keeping draft picks) and room becomes −$25.2M, forfeiting Bird rights. How renouncing works →

The books · 2026-27 focused

PlayerPos2026-27cap $165.0M2027-28cap $176.6M2028-29cap $188.9M2029-30cap $202.1M2030-31cap $216.3M
Signed contracts
An over-the-cap team can't spend cap space, but the CBA still gives it tools: exceptions. The Rockets' current tools are Non-Taxpayer MLE ($15.1M), Bi-Annual Exception ($5.4M), plus Bird rights to re-sign their own free agents. How do teams build over the cap?
Kevin DurantF$43.9MPO$46.1M
Alperen SengunF$35.6M$37.3M$39.0M$39.0M
Fred VanVleetG$25.0M
Jabari Smith Jr.F$23.6M$21.8M$23.6M$25.5M$27.4M
Dorian Finney-SmithF$13.3M$13.3M$13.3M
Steven AdamsC$13.0M$11.9M
GTO$12.3M
Amen Thompson holds a team option for $12.3M this season; the Rockets decide whether it's exercised. What is a team option?
GTO$11.1MTO$14.0M
Reed Sheppard holds a team option for $11.1M this season; the Rockets decide whether it's exercised. What is a team option?
Clint CapelaC$7.0M$7.4M
GTO$2.6M
JD Davison holds a team option for $2.6M this season; the Rockets decide whether it's exercised. What is a team option?
Signed contracts subtotal$187.5M$151.8M$76.0M$64.6M$27.4M
Cap holdsplaceholders, not paid
A cap hold is a placeholder charge for a team's own free agent, sized by his Bird bracket. The Rockets carry $32.4M in free-agent holds; these count against the cap only, never the tax or aprons. What is the cap hold?
Free agents · Bird % of prior salary, renounce to clear
F$17.0M
Tari Eason carries a 300% cap hold: 300% of his $5.7M prior salary = $17.0M against the Rockets' cap until he re-signs, is renounced, or signs elsewhere. What are Bird rights?
F$2.8M
Josh Okogie carries a 120% cap hold: 120% of his $2.3M prior salary = $2.8M against the Rockets' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.8M
Aaron Holiday carries a 120% cap hold: 120% of his $2.3M prior salary = $2.8M against the Rockets' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.8M
Jae'Sean Tate carries a 120% cap hold: 120% of his $2.3M prior salary = $2.8M against the Rockets' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.8M
Jeff Green carries a 120% cap hold: 120% of his $2.3M prior salary = $2.8M against the Rockets' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.2M
Players on the roster without a standard contract (two-way, Exhibit-10) carry a flat minimum hold of $2.2M (projected) each against the Rockets' cap. What is the minimum cap hold?
F$2.2M
Players on the roster without a standard contract (two-way, Exhibit-10) carry a flat minimum hold of $2.2M (projected) each against the Rockets' cap. What is the minimum cap hold?
F$59.9M
Early Bird rights (after two seasons with the team) let the Rockets re-sign a player up to 175% of his prior salary or 105% of the league average; his cap hold is 130% of prior salary. What are Early Bird rights?
F$42.1M
Bird rights let the Rockets re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$36.8M
Bird rights let the Rockets re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$32.5M
Early Bird rights (after two seasons with the team) let the Rockets re-sign a player up to 175% of his prior salary or 105% of the league average; his cap hold is 130% of prior salary. What are Early Bird rights?
F$25.3M
Bird rights let the Rockets re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$22.6M
Bird rights let the Rockets re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$14.0M
Bird rights let the Rockets re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$3.1M
Non-Bird rights (after one season) only allow a raise to 120% of prior salary; the cap hold is likewise 120% of prior salary. What are non-Bird rights?
Cap holds subtotal$32.4M$72.4M$138.6M$25.3M$0.0M
Counts against the cap$219.9M$227.0M$222.2M$104.5M$46.6M
Hold values are computed: draft picks at 120% of the rookie-scale slot (season-adjusted), free agents at the Bird % of prior salary (Non 120%, Early 130%, Bird 150/190/250/300%), or a flat minimum. This table is read-only; edit source data in the database to change values.

Tax & apron position · 2026-27

FLOOR
$149.0M
TAX
$201.0M
APRON 1
$209.0M
APRON 2
$222.0M
Rockets $188.9M
Marker = tax/apron salary (contracts + dead money); holds don't count here. Cap space is separate (includes holds) and shown in the report above.

Free-agent capacity · 2026-27

Non-Taxpayer MLEup to $15.1M
Hard-caps you at the first apron.
The Rockets can offer the full non-taxpayer mid-level: up to $15.1M (projected) starting salary, up to 4 years. Using it hard-caps them at the first apron. What is the mid-level exception (non-taxpayer)?
Bi-Annual Exceptionup to $5.4M
Every other year. Also hard-caps at the first apron.
The Rockets can use the bi-annual exception: $5.4M (projected) starting salary, up to 2 years, but only if they didn't use it last season. It hard-caps them at the first apron. What is the bi-annual exception?
Bird rights
Re-sign your own free agents up to the max.
Bird rights let the Rockets re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
25%
0–6 yrs
$41.3M
30%
7–9 yrs
$49.5M
35%
10+ yrs
$57.8M
Max starting salary by experience tier. Tap for how the tiers work.
Max contracts scale with experience (projected): $41.3M starting salary for 0–6 years, $49.5M for 7–9, $57.8M for 10+ (25/30/35% of the cap). How do NBA max salaries work?
Outside FAs can only be signed at the max using cap space; otherwise capped by the tools above.

Decision points · 2026-27

Option calls ahead of 2027-28
Kevin DurantPlayer option$46.1M
A player option (PO badge) lets the player choose between staying for that year's salary or becoming a free agent. What is a player option?
Reed SheppardTeam option$14.0M
A team option (TO badge) lets the Rockets choose whether to keep the player for that year's salary or let him become a free agent. What is a team option?
Expiring after 2026-27Fred VanVleet$25.0MAmen Thompson$12.3MJD Davison$2.6M
The forks in the road as the books stand: options someone must pick up or decline, and salaries that come off after 2026-27. Tap an option for how it works.

Draft picks through 2032

The Rockets control 7 first-round and 5 second-round picks, 2 carrying swap rights.

2026

2026 2nd (via CHI)Chicago's own second conveyed to Houston at pick 39, routed via Washington.
2026 2nd (own)
Their own 1st, owed to PHI · No. 22Houston's own first went to Oklahoma City in the July 2019 Westbrook for Chris Paul deal, top-4 protected, then to Philadelphia in the February 2026 Jared McCain trade. It landed at pick 22 and conveyed to Philadelphia.

2027

2027 1st (own, swap rights attached)BKN holds the right to swap its 2027 first for HOU's; HOU keeps the slot unless Brooklyn exercises. From the June 2024 Nets-Rockets deal.
2027 2nd (via MEM)Owed to Houston, unprotected.
Their own 2nd, owed to OKCOKC holds the least favorable, and PHI the most favorable, of the OKC/HOU/IND/MIA 2027 seconds under a February 2026 multi-team arrangement.

2028

2028 1st (own)
2028 2nd (own)

2029

2029 1st (via DAL)HOU takes the two most favorable of the DAL, PHX, and HOU 2029 firsts and BKN keeps the least favorable; HOU controls DAL's slot via the June 2024 Rockets-Nets trade.
2029 1st (own, swap rights attached)HOU receives the best of its own, the DAL, and the PHX 2029 firsts, all acquired from Brooklyn in the June 2024 trade; the own slot is retained pending that resolution.
2029 2nd (via SAC)Owed to Houston, unprotected.
Their own 2nd, owed to DALOwed to Dallas, routed through Oklahoma City and Washington.

2030

2030 1st (own)
Their own 2nd, owed to OKCOwed to Oklahoma City, unprotected.

2031

2031 1st (own)
Their own 2nd, owed to BOSOwed to Boston, protected 31-55; an Atlanta swap right on the 31-55 range is reported on the same slot from a single mirror.

2032

2032 1st (own)
Their own 2nd, owed to CHIChicago takes the more favorable of the Houston and Phoenix 2032 seconds; the less favorable goes to Phoenix and then on to Minnesota.

Protections and swap conditions in plain English. Full story on the Rockets draft picks page.