Reed Sheppard Contract & Salary

Reed Sheppard is a SG for the Houston Rockets, earning $11,108,880 in 2026-27. Contract runs through 2027-28 ($25,150,505 guaranteed).

Updated · 2026-27 season

Reed Sheppard is on the books for $11,108,880 in 2026-27, the 8th largest cap hit on the Houston Rockets roster and 5.5% of the team's $200.4M payroll.

That ranks 160th among the 434 players with a 2026-27 salary on the books, and eats 6.7% of the $165.0M salary cap.

The deal has 2 seasons left on it, running through 2027-28, worth $25,150,505 in guaranteed money.

The money climbs as it goes: $11,108,880 in the first year up to $14,041,625 in the last, a 26% rise across the deal.

Every remaining year is fully guaranteed — no options and no non-guaranteed money, so the full amount is owed regardless of what happens.

At 22, he is still inside the cheap early-career window; this deal runs through his age-23 season, before the expensive years start.

He is the 8th highest-paid of the 14 players on the roster, in the middle of the pay structure.

He is one of 14 players on the Houston Rockets' books for 2026-27, whose 2026-27 salaries add up to $200,413,923.

Houston Rockets sit at $200.4M in payroll and are currently classified Over Cap, with +$8.6M of room below the first apron.

Reed Sheppard
SG Houston Rockets · age 22
2026-27 Salary
$11.11M
% of Cap
6.7%
Years Remaining
2
Total Guaranteed
$25.15M
Contract by Season
SeasonSalary% of CapNote
2026-27$11,108,8806.7%
2027-28$14,041,6258.5%
2028-29RFA / $35.1M—
2029-30——
2030-31——
Houston Rockets Cap Context
Team PayrollCap SpaceTax Room1st Apron Room2nd Apron Room
$200.4MOver cap by $35.5M+$0.0M+$8.6M+$21.3M
Highest-Paid Houston Rockets Teammates
PosPlayerAge2026-27% of Cap
SFKevin Durant38$43,902,43926.6%
CAlperen Şengün24$35,642,20221.6%
PGFred VanVleet32$25,000,00015.2%
PFJabari Smith Jr.23$23,643,41114.3%
PFTari Eason25$14,053,3568.5%
CSteven Adams33$13,000,0007.9%
Comparable 2026-27 Contracts
RankPlayerTeam2026-27vs Sheppard
158Isaiah JoeDetroit Pistons$11,323,006+$214,126
159Ausar ThompsonDetroit Pistons$11,117,925+$9,045
161Aaron NesmithIndiana Pacers$11,000,000-$108,880
162T.J. McConnellIndiana Pacers$11,000,000-$108,880
163Royce O'NealeCharlotte Hornets$10,875,000-$233,880