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.
| Season | Salary | % of Cap | Note |
|---|---|---|---|
| 2026-27 | $6,001,080 | 3.6% | |
| 2027-28 | $6,286,920 | 3.8% | |
| 2028-29 | $8,342,743 | 5.1% | team option |
| 2029-30 | RFA / $25M | — | |
| 2030-31 | — | — |
| Team Payroll | Cap Space | Tax Room | 1st Apron Room | 2nd Apron Room |
|---|---|---|---|---|
| $120.6M | +$3.8M | +$39.3M | +$45.6M | +$58.2M |
| Pos | Player | Age | 2026-27 | % of Cap |
|---|---|---|---|---|
| PF | Jerami Grant | 32 | $34,206,898 | 20.7% |
| C | Isaiah Stewart | 25 | $15,000,000 | 9.1% |
| PF | Cameron Boozer | 19 | $11,849,760 | 7.2% |
| SG | Ty Jerome | 29 | $9,220,050 | 5.6% |
| C | Quinten Post | 26 | $9,000,000 | 5.5% |
| PF | Taylor Hendricks | 22 | $7,805,900 | 4.7% |
| Rank | Player | Team | 2026-27 | vs Coward |
|---|---|---|---|---|
| 236 | Spencer Jones | Denver Nuggets | $6,000,000 | -$1,080 |
| 237 | Jaden Hardy | Los Angeles Lakers | $6,000,000 | -$1,080 |
| 238 | Jake LaRavia | Los Angeles Lakers | $6,000,000 | -$1,080 |
| 239 | Anfernee Simons | Philadelphia 76ers | $6,000,000 | -$1,080 |
| 240 | Jaxson Hayes | Utah Jazz | $6,000,000 | -$1,080 |