Cedric Coward Contract & Salary

Cedric Coward is a SG for the Memphis Grizzlies, earning $6,001,080 in 2026-27. Contract runs through 2028-29 ($20,630,743 guaranteed). Flagged years: 2028-29 team option.

Updated · 2026-27 season

Cedric Coward is on the books for $6,001,080 in 2026-27, the 8th largest cap hit on the Memphis Grizzlies roster and 5.0% of the team's $120.6M payroll.

That ranks 235th among the 434 players with a 2026-27 salary on the books, and eats 3.6% of the $165.0M salary cap.

The deal has 3 seasons left on it, running through 2028-29, worth $20,630,743 in guaranteed money.

The money climbs as it goes: $6,001,080 in the first year up to $8,342,743 in the last, a 39% rise across the deal.

Not every year is locked in: 2028-29 team option.

The option year belongs to the team, which makes that season a decision point rather than a commitment: it can be picked up cheaply or declined outright.

At 23, the deal covers his age-23 through age-25 seasons — the prime years teams are usually paying a premium for.

He is the 8th highest-paid of the 15 players on the roster, in the middle of the pay structure.

He is one of 15 players on the Memphis Grizzlies' books for 2026-27, whose 2026-27 salaries add up to $120,551,052.

Memphis Grizzlies sit at $120.6M in payroll and are currently classified Cap Space, with +$45.6M of room below the first apron.

Cedric Coward
SG Memphis Grizzlies · age 23
2026-27 Salary
$6.00M
% of Cap
3.6%
Years Remaining
3
Total Guaranteed
$20.63M
Contract by Season
SeasonSalary% of CapNote
2026-27$6,001,0803.6%
2027-28$6,286,9203.8%
2028-29$8,342,7435.1%team option
2029-30RFA / $25M—
2030-31——
Memphis Grizzlies Cap Context
Team PayrollCap SpaceTax Room1st Apron Room2nd Apron Room
$120.6M+$3.8M+$39.3M+$45.6M+$58.2M
Highest-Paid Memphis Grizzlies Teammates
PosPlayerAge2026-27% of Cap
PFJerami Grant32$34,206,89820.7%
CIsaiah Stewart25$15,000,0009.1%
PFCameron Boozer19$11,849,7607.2%
SGTy Jerome29$9,220,0505.6%
CQuinten Post26$9,000,0005.5%
PFTaylor Hendricks22$7,805,9004.7%
Comparable 2026-27 Contracts
RankPlayerTeam2026-27vs Coward
236Spencer JonesDenver Nuggets$6,000,000-$1,080
237Jaden HardyLos Angeles Lakers$6,000,000-$1,080
238Jake LaRaviaLos Angeles Lakers$6,000,000-$1,080
239Anfernee SimonsPhiladelphia 76ers$6,000,000-$1,080
240Jaxson HayesUtah Jazz$6,000,000-$1,080