Memphis Grizzlies 2026-27 Salary Cap Sheet

Updated · 2026-27 season

Memphis Grizzlies
2026-27 Salary Cap Sheet
Payroll
$120.6M
Cap Space
+$3.8M
Tax Room
+$39.3M
1st Apron Room
+$45.6M
2nd Apron Room
+$58.2M
Hard Cap
1st Apron
Cap Space

Cap Position

Payroll$120.6M
Salary Cap$165.0M
Luxury Tax$200.4M
1st Apron$209.0M
2nd Apron$221.7M
KEYTeam OptionPlayer OptionMutual OptionEstimated SalaryNon-Guaranteed
Active Roster15/15 + 3/3
PosPlayerAge2026-272027-282028-292029-302030-31Notes
PFJerami Grant32$34.21M$36.41MUFA / $54.6M——
CIsaiah Stewart25$15.00M$15.00MUFA / $26.6M——
PFCameron Boozer19$11.85M$12.44M$13.03M$16.48MRFA / $41.2M
CQuinten Post26$9.00M$8.55M$8.55MUFA / $19.9M—
SGTy Jerome29$9.22M$9.66M———Trade Kicker: 15%
PFTaylor Hendricks22$7.81MUFA / $23.0M———
CZach Edey24$6.33M$8.07MUFA / $24.2M——
SGCedric Coward23$6.00M$6.29M$8.34MRFA / $25M—
SFKris Murray26$5.32MRFA / $15.9M———
FKarim Lopez19$3.75M$3.93M$4.12M$6.57MRFA / $16.4M
PFOlivier-Maxence Prosper24$2.50MUFA / $2.6M———
PGScotty Pippen Jr.25$2.46M$2.79MUFA / $3.1M——
SFCam Spencer26$2.41M$2.62M$2.83MUFA / $5.4M—
PFG.G. Jackson21$2.41MUFA / $2.8M———
SGJaylen Wells23$2.30M$2.49MUFA / $3.1M——
PGJavon Small23Two-Way————Year 2
PFJahmai Mashack23Two-Way————Year 2
CCarson Cooper22Two-Way————Year 1
Total$120.55M
Dead Money
PosPlayerAge2026-272027-282028-292029-302030-31Notes
SGKentavious Caldwell-Pope33$17.74M————
SGJordan Hawkins24$6.34M————
PGD'Angelo Russell30$5.97M————
PGWalter Clayton Jr.23$4.19M————
PGCole Anthony26$3.70M$3.70M———
SGMicah Peavy25$2.15M————
PFMamadi Diakite29$464,050————
Total$40.56M
Summary
CAP2026-272027-282028-292029-302030-31
Salary Cap$164,961,000$176,000,000$187,778,000$200,344,000$213,751,000
Active Salary$120,551,052$108,246,871$36,880,068$23,042,040
Dead Money$40,562,721$3,700,000
Luxury Tax Total$161,113,773$111,946,871$36,880,068$23,042,040
Luxury Tax Room$39,314,227$101,893,129$191,269,932$220,375,960$259,707,000
Apron Total$163,463,773$111,946,871$36,880,068$23,042,040
1st Apron Space$45,551,227$111,055,129$201,044,932$230,804,960$270,834,000
2nd Apron Space$58,222,227$124,574,129$215,468,932$246,193,960$287,253,000
Cap Holds
Total Cap Allocations$161,113,773$111,946,871$36,880,068$23,042,040$0
Cap Space (after holds)$3,847,227$64,053,129$150,897,932$177,301,960$213,751,000

The Memphis Grizzlies carry $120,551,052 in salary for 2026-27, the 30th largest payroll in the league.

That leaves +$3.8M of cap space against the $165.0M cap, one of 3 teams with room to spend.

They sit +$39.3M below the $200.4M luxury-tax line and are not projected to pay tax this season.

With +$45.6M of room below the first apron and +$58.2M below the second, they keep the full set of exceptions and the ordinary salary-matching rules in a trade.

They are hard-capped at the 1st Apron ($209.0M), a ceiling the payroll cannot cross for the rest of the season by any means.

This team has 15 players on standard contracts and 3 two-way deals.

Jerami Grant is the largest cap hit on the roster at $34,206,898, 28.4% of team payroll, ahead of Isaiah Stewart ($15.0M) and Cameron Boozer ($11.8M).

They have $41,207,092 of spending power available across 4 exceptions, the largest a $28.9M TPE (Jaren Jackson Jr.).

Committed salary drops to $108,246,871 for 2027-28, held by 11 players still under contract, against a projected $176,000,000 cap.