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). Flagged years: 2027-28 team option.
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 $203.0M payroll.
That ranks 158th among the 437 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.
Not every year is locked in: 2027-28 team option.
At 6.7% of the $165.0M cap, that is roughly taxpayer mid-level or bi-annual money.
He is one of 15 players on the Houston Rockets' books for 2026–27, whose 2026–27 salaries add up to $202,998,462.
Houston Rockets sit at $203.0M in payroll and are currently classified Tax Payer, with +$6.0M of room below the first apron.
| Season | Salary | % of Cap | Note |
|---|---|---|---|
| 2026-27 | $11,108,880 | 6.7% | |
| 2027-28 | $14,041,625 | 8.5% | team option |
| 2028-29 | RFA / $35.1M | — | |
| 2029-30 | — | — | |
| 2030-31 | — | — |
| Team Payroll | Cap Space | Tax Room | 1st Apron Room | 2nd Apron Room |
|---|---|---|---|---|
| $203.0M | -$38.0M | -$2.6M | +$6.0M | +$18.7M |
| Pos | Player | Age | 2026-27 | % of Cap |
|---|---|---|---|---|
| SF | Kevin Durant | 37 | $43,902,439 | 26.6% |
| C | Alperen Şengün | 24 | $35,642,202 | 21.6% |
| PG | Fred VanVleet | 32 | $25,000,000 | 15.2% |
| PF | Jabari Smith Jr. | 23 | $23,643,411 | 14.3% |
| PF | Tari Eason | 25 | $14,053,356 | 8.5% |
| C | Steven Adams | 33 | $13,000,000 | 7.9% |
| Rank | Player | Team | 2026-27 | vs Sheppard |
|---|---|---|---|---|
| 156 | Isaiah Joe | Detroit Pistons | $11,323,006 | +$214,126 |
| 157 | Ausar Thompson | Detroit Pistons | $11,117,925 | +$9,045 |
| 159 | Aaron Nesmith | Indiana Pacers | $11,000,000 | -$108,880 |
| 160 | T.J. McConnell | Indiana Pacers | $11,000,000 | -$108,880 |
| 161 | Royce O'Neale | Charlotte Hornets | $10,875,000 | -$233,880 |