Micah Peavy Contract & Salary

Micah Peavy is on the books for $2,150,917 in 2026–27, the 19th largest cap hit on the Memphis Grizzlies roster and 1.5% of the team's $139.9M payroll.

That ranks 428th among the 444 players with a 2026–27 salary on the books, and eats 1.3% of the $165.0M salary cap.

The deal has 3 seasons left on it, running through 2028-29, worth $2,150,917 in guaranteed money.

The money climbs as it goes: $2,150,917 in the first year up to $2,735,698 in the last, a 27% rise across the deal.

Not every year is locked in: 2027-28 non-guaranteed, 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 25, the deal covers his age-25 through age-27 seasons — the prime years teams are usually paying a premium for.

He sits in the bottom third of the roster by salary, the part of the payroll teams use to fill out the depth chart without moving the cap needle.

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.