Memphis Grizzlies Team Salary

Quick: Over the cap.  41st, 55th and 60th picks in the 2013 NBA Draft.

Exceptions: $7,489,453 (Rudy Gay, expires 1/30/14), $2,083,042 TPE (Wayne Ellington, expires 1/22/14), $1,300,000 (Hamed Haddadi, expires 1/30/14), $1,241,923 TPE (Marreese Speights, expires 1/22/14, $1,000,000 TPE (Jeremy Pargo, expires 7/25/13), $762,195 TPE (Josh Selby, expires 1/22/14).

Acquisitions: Agreed to a two-year deal with Marreese Speights for $8.7 million and Darrell Arthur for $9.7 million over three.  Both have player options on their final years.  Signed draft pick Tony Wroten Jr. and guard Jerryd Bayless ($6.1 million over two years via Mini MLE, second player option).  Acquired Wayne Ellington from the Minnesota Timberwolves for Dante Cunningham.  Acquired D.J. Kennedy from the Cleveland Cavaliers for Jeremy Pargo, a 2014 second-round draft pick and cash.  Re-signed Hamed Haddadi to a two-year, $2.7 million deal (second-year partial/non-guaranteed).  Signed Ronald Dupree, Michael Dunigan, Jerome Jordan, Flip Murray, Jarrid Famous and D.J. Kennedy (again) as partial/non-guaranteed camp invites.  Traded Marreese Speights, Wayne Ellington, Josh Selby and a first-round pick for Jon Leuer.  Signed Chris Johnson to a 10-day contract, expiring 2/2/13.  Traded Rudy Gay and Hamed Haddadi for Tayshaun Prince, Ed Davis, Austin Daye, a Toronto Raptors second-round pick and cash in a three-team deal with the Detroit Pistons and Raptors.  Traded the rights to Ricky Sanchez to the Miami HEAT for Dexter Pittman and a 2013 second-round pick.  Signed Keyon Dooling for the remainder of the season.  Signed Donte Greene and Willie Reed to three-year deals (second season partial/non-guaranteed) via remaining Mini MLE.

Waived Players: D.J. Kennedy (twice), Jarrid Famous, Ronald Dupree, Michael Dunigan, Jerome Jordan, Flip Murray, Kyle Weaver, Chris Johnson

Roster Count: 15 guaranteed

Depth Chart*:
PG: Mike Conley, Keyon Dooling, Tony Wroten
SG: Tony Allen, Jerryd Bayless
SF: Tayshaun Prince, Quincy Pondexter, Donte Greene
PF: Zach Randolph, Ed Davis, Austin Daye, Jon Leuer, Willie Reed
C: Marc Gasol, Darrell Arthur

*Note: Teams often adjust their depth chart throughout the season, sometimes game by game.

Free Agents:
Bird: Steven Hunter*
Non-Bird: Gilbert Arenas, Lester Hudson, Marcus D. Williams*, Leon Powe*

* Cannot be used in a sign and trade because they were not active players in the NBA last season.

Head Coach: Lionel Hollins (contract expires end of June)

Unsigned Second-Round Picks: None

Amnesty: Available.  Eligible players include Mike Conley and Zach Randolph

Pick Swaps:

2013 – Owed second-rounder (protections TBD) from Toronto Raptors (Rudy Gay).

2013 – Owed second-rounder (protections TBD) from Miami HEAT (Dexter Pittman)

2013 – Owe first-rounder (lottery protected through 2016, otherwise 2016 second-rounder and cash) to Minnesota Timberwolves (Shane Battier, Jonny Flynn).

2013 – Owe second-rounder (top-55 protected) to Los Angeles Lakers (Chris Mihm).

2014 – Owe second-rounder to Cleveland Cavaliers (Jeremy Pargo).

2015 – Owe first-rounder (top-five protected and 15-30 protected through 2016, just top-five protected through 2018, unprotected in 2019) to Cleveland Cavaliers (Jon Leuer).  Owe second-rounder (or cash)  to Los Angeles Clippers (Antonio Daniels, Chris Paul).

2016 – Owed second-rounder from Toronto Raptors (Jerry Stackhouse).

2016 – Owe second-rounder (top-55 protected) to Dallas Mavericks (Steven Hunter, Corey Brewer).

Cash Paid ($3.1 million max): Approximately $1 million (Jeremy Pargo)

Cap Holds
Key: B = Bird Rights; E = Early Bird Rights; BR = Bird/Restricted; NB = Non-Bird;
DF = Declined Option on First-Round Scale; WB = Waived Bird; M = Minimum

Name2013201420152016
TOTAL$26,193,351$17,523,848$56,758,387$21,045,017
Austin Daye$7,395,193-BR
Steven Hunter$7,022,400-B
Tony Allen$6,270,000-B
Jon Leuer$1,084,293-E
Gilbert Arenas$884,293-M
Marcus D. Williams$884,293-M
Leon Powe$884,293-M
Lester Hudson$884,293-M
Keyon Dooling$884,293-M
Ed Davis$7,884,650-BR
Quincy Pondexter$5,563,698-BR
Jerryd Bayless$4,075,500-E
Zach Randolph$18,091,071-B
Marc Gasol$16,621,172-B
Tayshaun Prince$11,561,798-B
Darrell Arthur$6,568,583-B
Donte Greene$2,176,801-B
Willie Reed$1,738,962-B
Mike Conley $15,506,632-B
Tony Wroten Jr.$5,448,385-M

What is a cap hold? A cap hold is the amount of space a free agent counts towards a team’s cap. These “cap holds” factor in when a team signs free agents. If they didn’t exist, a team could use their cap space to sign other free agents until the space was gone, and then re-sign their own free agents using the Bird exception. A cap hold cannot exceed the maximum contract offer that player can receive on the open market (as defined by years of experience – indicated in the table above by MAX followed by the years of experience). The cap hold disappears if the team renounces their own free agent, that free agent signs with a new team, or re-signs with the same team.

Notes: A free agent does not become restricted until the team issues a qualifying offer.  If a player’s option on a first-round rookie scale contract is declined (DF), the most the team can pay is the amount of the declined option (without using a larger exception or cap room).  Should a player allow for their Bird Rights to be waived during the season in trade (WB), the most the team can pay is 120% of their prior salary (without using a larger exception or cap room).

Qualifying offers do not count towards the total team salary for that season and are informational only.

Unsigned first-round picks (UF) are not guaranteed until signed but their salary counts against the cap during the offseason.  A typical UF gets a bump of 120% upon signing.

Players with at least three years of experience who are signed to a one-year, vet-min contract are only charged $854,389 to the cap and tax.  Actual salary amount, which applies to trades is listed under notes.

“Camp invites” can put a team over the hard cap but the math must be resolved by opening night.

Salary and team data changes quite often. If you notice a discrepancy, please notify HOOPSWORLD Senior Writer Eric Pincus.

(Updated 5/23/2013)