Memphis Grizzlies Salary Cap

What the Grizzlies 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
Under the cap on payroll
Grizzlies are $18.1M under the cap on payroll.
Cap holds for their own free agents fill that space, so there is no room to add outside free agents without renouncing them. $54.1M of room before the luxury tax.
Dead money is salary owed to players no longer on the roster (waived or stretched). The Grizzlies carry $4.2M of it, and it counts against the cap, the tax, and the aprons. What is dead money?
Real payroll$146.9M
Free-agent holdsplaceholder$33.6M
A cap hold is a placeholder charge for a team's own free agent, sized by his Bird bracket. The Grizzlies carry $33.6M in free-agent holds plus $16.6M in draft-pick holds; these count against the cap only, never the tax or aprons. What is the cap hold?
Draft-pick holdsplaceholder$16.6M
Unsigned first-round picks count 120% of their rookie-scale slot against the cap. The Grizzlies carry $16.6M in pick holds. What is the draft pick hold?
Counts against the cap$197.1M
League cap line$165.0M
Salary capGrizzlies are here
Build via exceptions
$18.1M under
vs $165.0M · payroll
The salary cap is $165.0M (projected). The Grizzlies' cap salary (contracts, dead money and holds) is $197.1M, putting them $32.1M 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
$54.1M under
vs $201.0M · payroll
The luxury-tax line is $201.0M (projected); holds don't count against it, only contracts and dead money ($146.9M for the Grizzlies). They have $54.1M of room before the luxury tax. What is the luxury tax?
1st apron
Full toolkit
$60.8M under
vs $209.0M · payroll
The first apron sits at $209.0M (projected), about $8.0M above the tax line. The Grizzlies have $60.8M of room before the first apron. What is the first apron?
2nd apron
Below the ceiling
$73.8M under
vs $222.0M · payroll
The second apron sits at $222.0M (projected). The Grizzlies have $73.8M 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 Grizzlies 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 $1.5M, 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 Grizzlies' 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?
Ja MorantG$42.2M$44.9M
GPO$21.6M
Kentavious Caldwell-Pope holds a player option for $21.6M this season; he decides whether it's exercised. What is a player option?
Santi AldamaF$17.0MTO$17.0M
Brandon ClarkeF$12.5M
Ty JeromeG$9.2MPO$9.7M
FTO$7.8M
Taylor Hendricks holds a team option for $7.8M this season; the Grizzlies decide whether it's exercised. What is a team option?
CTO$6.3MTO$8.1M
Zach Edey holds a team option for $6.3M this season; the Grizzlies decide whether it's exercised. What is a team option?
Cedric CowardG$6.0MTO$6.3MTO$8.3M
Walter Clayton Jr.G$4.2MTO$4.4MTO$6.8M
Taj GibsonF$3.8M
FTO$2.5M
Olivier-Maxence Prosper holds a team option for $2.5M this season; the Grizzlies decide whether it's exercised. What is a team option?
Scotty Pippen Jr.G$2.5MTO$2.8M
Cam SpencerG$2.4M$2.6MTO$2.8M
FTO$2.4M
GG Jackson holds a team option for $2.4M this season; the Grizzlies decide whether it's exercised. What is a team option?
Jaylen WellsF$2.3MTO$2.5M
Signed contracts subtotal$142.7M$98.2M$17.9M$0.0M$0.0M
Dead money
Dead money is salary owed to players no longer on the roster (waived or stretched). The Grizzlies carry $4.2M of it, and it counts against the cap, the tax, and the aprons. What is dead money?
Cole Anthony$3.7M
Mamadi Diakite$0.5M
Cole Anthony$3.7M
Dead money subtotal$4.2M$3.7M$0.0M$0.0M$0.0M
Cap holdsplaceholders, not paid
A cap hold is a placeholder charge for a team's own free agent, sized by his Bird bracket. The Grizzlies carry $33.6M in free-agent holds plus $16.6M in draft-pick 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$15.6M
Georges Niang carries a 190% cap hold: 190% of his $8.2M prior salary = $15.6M against the Grizzlies' cap until he re-signs, is renounced, or signs elsewhere. What are Bird rights?
F$2.8M
Eric Gordon carries a 120% cap hold: 120% of his $2.3M prior salary = $2.8M against the Grizzlies' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.2M
Christian Koloko carries a 120% cap hold: 120% of his $132K prior salary = $2.2M against the Grizzlies' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.2M
Lawson Lovering carries a 120% cap hold: 120% of his $88K prior salary = $2.2M against the Grizzlies' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.2M
DeJon Jarreau carries a 120% cap hold: 120% of his $132K prior salary = $2.2M against the Grizzlies' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.2M
Tyler Burton carries a 120% cap hold: 120% of his $73K prior salary = $2.2M against the Grizzlies' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.2M
Adama Bal carries a 120% cap hold: 120% of his $44K prior salary = $2.2M against the Grizzlies' 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 Grizzlies' 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 Grizzlies' cap. What is the minimum cap hold?
F$66.1M
Bird rights let the Grizzlies 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$32.4M
Bird rights let the Grizzlies 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$25.5M
Bird rights let the Grizzlies 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$25.0M
Bird rights let the Grizzlies 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$24.2M
Bird rights let the Grizzlies 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$23.8M
Bird rights let the Grizzlies 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$23.4M
Bird rights let the Grizzlies 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$20.3M
Bird rights let the Grizzlies 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$18.4M
Bird rights let the Grizzlies 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$7.5M
Bird rights let the Grizzlies 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$5.4M
Bird rights let the Grizzlies 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$5.3M
Bird rights let the Grizzlies 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$4.6M
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?
F$3.0M
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?
F$2.9M
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?
Unsigned first-rounders · 120% of rookie scale
Unsigned first-round picks count 120% of their rookie-scale slot against the cap. The Grizzlies carry $16.6M in pick holds. What is the draft pick hold?
2026 first round (No. 3)$11.9M
2026 first round (No. 16)$4.7M
Cap holds subtotal$50.2M$90.1M$146.9M$50.7M$0.0M
Counts against the cap$197.1M$192.0M$169.4M$65.3M$20.9M
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
Grizzlies $148.2M
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 Grizzlies 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 Grizzlies 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 Grizzlies 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
Santi AldamaTeam option$17.0M
A team option (TO badge) lets the Grizzlies choose whether to keep the player for that year's salary or let him become a free agent. What is a team option?
Ty JeromePlayer option$9.7M
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?
Zach EdeyTeam option$8.1M
A team option (TO badge) lets the Grizzlies choose whether to keep the player for that year's salary or let him become a free agent. What is a team option?
Cedric CowardTeam option$6.3M
A team option (TO badge) lets the Grizzlies choose whether to keep the player for that year's salary or let him become a free agent. What is a team option?
Walter Clayton Jr.Team option$4.4M
A team option (TO badge) lets the Grizzlies choose whether to keep the player for that year's salary or let him become a free agent. What is a team option?
Scotty Pippen Jr.Team option$2.8M
A team option (TO badge) lets the Grizzlies choose whether to keep the player for that year's salary or let him become a free agent. What is a team option?
Jaylen WellsTeam option$2.5M
A team option (TO badge) lets the Grizzlies 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 2026-27Kentavious Caldwell-Pope$21.6MBrandon Clarke$12.5MTaylor Hendricks$7.8MTaj Gibson$3.8MOlivier-Maxence Prosper$2.5MGG Jackson$2.4M
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 Grizzlies control 12 first-round and 5 second-round picks.

2026

2026 1st (own) · No. 3
2026 1st (via PHX) · No. 16Phoenix's own first conveyed to Memphis, landing at pick 16, routed via Orlando from the Desmond Bane trade chain. Phoenix has no 2026 first.
2026 2nd (via IND)Indiana's own second conveyed to Memphis at pick 32, routed via Milwaukee.
Their own 2nd, owed to LACMemphis's own second conveyed to the Clippers at pick 36, routed via Atlanta and Utah.

2027

2027 1st (via LAL)Top-4 protected first traded to UTA in the February 2023 Westbrook deal, then to Memphis in the February 2026 Jaren Jackson Jr. trade; if it lands 1-4 LAL sends a 2027 second to UTA instead.
2027 1st (own)
2027 1st (via UTA)MEM gets the most favorable of the UTA, MIN, and CLE 2027 firsts from the February 2026 Jaren Jackson Jr. trade, unprotected. UTA is the weakest of the trio so its own slot is the one projected to land most favorable and convey to Memphis; UTA keeps the MIN slot as the second most favorable and PHX takes CLE as the least favorable.
Their own 2nd, owed to HOUOwed to Houston, unprotected.

2028

2028 1st (own)
Their own 2nd, owed to BKNOwed to Brooklyn, unprotected.

2029

2029 1st (own)
2029 2nd (via POR)Unprotected second owed to Memphis.
Their own 2nd, owed to BKNOwed to Brooklyn, unprotected.

2030

2030 1st (own)
2030 1st (via ORL)Unprotected first owed to Memphis from the June 2025 Desmond Bane trade.
Their own 2nd, owed to MINOwed to Minnesota, protected 31-50.

2031

2031 1st (own)
2031 1st (via PHX)Unprotected first traded to UTA in the January 2025 Jazz-Suns deal, then to Memphis in the February 2026 Jaren Jackson Jr. trade. PHX has no 2031 first.
2031 2nd (own)

2032

2032 1st (own)
2032 2nd (via GSW)Owed to Memphis, protected 31-50 (conveys only if it lands 51-60).
2032 2nd (own)

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