The Grizzlies opted to operate over the cap this summer after their big trade with Miami. The Grizzlies likely won’t have a first-round pick this offseason, so developing Ja Morant and Jaren Jackson Jr., along with integrating Justise Winslow, will be their focus. Look for them to re-sign De’Anthony Melton, whom they hold early Bird rights to. They also have the mid-level exception to strengthen the bench.
Key: Not Guaranteed / Team Option / Player Option / Cap Hold / Dead Money
2020/21 season
| Gorgui Dieng | $17,287,640 |
| Jonas Valanciunas | $15,000,000 |
| Justise Winslow | $13,000,000 |
| Dillon Brooks | $11,400,000 |
| Kyle Anderson | $9,505,100 |
| Ja Morant | $9,166,800 |
| Tyus Jones | $8,817,143 |
| Jaren Jackson Jr | $7,257,360 |
| Marko Guduric | $2,750,000 |
| Brandon Clarke | $2,602,920 |
| Grayson Allen | $2,545,320 |
| Justise Winslow | $1,517,871 |
| De’Anthony Melton | $1,922,426 |
| Yuta Watanabe | $1,707,576 |
| John Konchar | $1,523,320 |
| Josh Jackson | $8,930,242 |
| Dion Waiters | $12,650,000 |
| Dakari Johnson | $459,414 |
| FIRST-ROUND PICKS | $3,123,960 |
| ROSTER SPACE | $946,543 |
| CAP SPACE | $2,611,760 |
| CAP SPACE WITHOUT HOLDS | $19,819,284 |
| TAX SITUATION | -$26,558,303 |
2021/22 season
| Jonas Valanciunas | $14,000,000 |
| Dillon Brooks | $12,200,000 |
| Kyle Anderson | $9,937,150 |
| Ja Morant | $9,603,360 |
| Jaren Jackson Jr | $9,180,560 |
| Tyus Jones | $8,376,286 |
| Grayson Allen | $4,054,695 |
| Brandon Clarke | $2,726,880 |
| Justise Winslow | $13,000,000 |
| Marko Guduric | $3,437,500 |
| Jontay Porter | $1,782,621 |
| Gorgui Dieng | $25,931,460 |
| Dakari Johnson | $459,414 |
| FIRST-ROUND PICKS | $3,395,640 |
| ROSTER SPACE | $5,144,250 |
| CAP SPACE | $49,976,460 |
| CAP SPACE WITHOUT HOLDS | $84,523,681 |
| TAX SITUATION | -$84,516,350 |
2022/23 season
| Ja Morant | $12,119,440 |
| Brandon Clarke | $4,349,920 |
| Jaren Jackson Jr | $22,951,401 |
| Grayson Allen | $12,164,084 |
| Jonas Valanciunas | $24,166,667 |
| Justise Winslow | $19,500,000 |
| Dillon Brooks | $17,100,000 |
| Tyus Jones | $15,907,180 |
| Kyle Anderson | $14,905,725 |
| FIRST-ROUND PICKS | $3,565,440 |
| ROSTER SPACE | $9,722,637 |
| CAP SPACE | $78,541,162 |
| CAP SPACE WITHOUT HOLDS | $208,801,659 |
| TAX SITUATION | -$142,080,640 |
