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: 2027-28 team option, 2028-29 team option.

Updated · 2026–27 season

Cedric Coward is on the books for $6,001,080 in 2026–27, the 9th largest cap hit on the Memphis Grizzlies roster and 4.3% of the team's $139.9M payroll.

That ranks 236th among the 444 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: 2027-28 team option, 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 9th highest-paid of the 19 players on the roster, in the middle of the pay structure.

He is one of 19 players on the Memphis Grizzlies' books for 2026–27, whose 2026–27 salaries add up to $139,883,634.

Memphis Grizzlies sit at $139.9M in payroll and are currently classified Cap Space, with +$44.9M 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%team option
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
$139.9M+$3.2M+$38.6M+$44.9M+$57.5M
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
237Spencer JonesDenver Nuggets$6,000,000-$1,080
238Jaden HardyLos Angeles Lakers$6,000,000-$1,080
239Jake LaRaviaLos Angeles Lakers$6,000,000-$1,080
240Anfernee SimonsPhiladelphia 76ers$6,000,000-$1,080
241Jaxson HayesUtah Jazz$6,000,000-$1,080