UPDATED August 8 at 1:00 a.m. ET: Numbers are updated to reflect 2024 free agency!
UPDATED June 29 at 9:15 p.m. ET:This information was accurate prior to the 2024 NBA Draft last Wednesday, June 26. We will update this page in the coming days as Wizards players sign and/or depart elsewhere.
As NBA teams become increasingly strategic in building their rosters and planning for the future, fans have developed a growing appetite for information on the team building options available to their favorite organizations.
In response, we are working with SalarySwish to use their data to answer any possible questions about the Washington Wizards“financial situation and other considerations relating to the constitution of a team.
Below is our ongoing, dynamic document that answers many of the questions you may have on this topic, with updates and context as the team progresses. Bookmark this page for the latest changes as the team evolves!
Now, let’s dive into the details…
Wizards player roster, salaries, draft picks, salary cap and more
Here’s a table with all the Wizards salary information, courtesy of our friends at SalarySwish:
Now, because this is a lot of data, let’s look at some key pieces of context and what this means, and try to answer any questions this might raise for you.
FAQ
Here is an FAQ regarding the Wizards salary cap situation.
Which Wizards players will earn the most in the 2024-25 season?
Jordan Poole will be the top earner next year with a salary of $29,651,786. Kyle Kuzma is second with $23,522,727. Malcolm Brogdon is third with $22,500,000
How much cap space will the Wizards have in the 2024-25 NBA season?
As of August 8, 2024, the Wizards have $163,115,952 in committed player salaries. They do not have any “dead weight” or salaries dedicated to players who are not playing. There is also $42,074,683 in cap space, giving the Wizards a salary cap of $205,190,635. Cap space takes into account anticipated draft picks and free agent signings.
Without taking into account withholdings, the Wizards are $7,698,048 below the luxury tax and approximately $22,527,952 million above the $141 million salary cap.
Will the Wizards pay a luxury tax in the 2024-25 season?
No.
What are the Wizards’ draft picks? Are they likely to trade them?
Washington owns all of its 2027, 2029, and 2031 first-round draft picks based on their performance in the previous regular season. They also own all of their 2026, 2027, 2030, and 2031 second-round draft picks.
Due to various trades, the Wizards fully own these second-round picks from other teams:
Future first-round draft picks through 2031 that depend on the order of a future draft
The Wizards will send their first-round pick in the 2025 draft to the The New York Knicks If the pick is between Nos. 11 and 30, that is, that pick is protected by the Top 10. If the Wizards have the 2025 pick Nos. 1 through 10, then they would have to send their 2026 first-round pick, which is protected by the Top 8. If the Wizards haven’t traded a first-round pick to New York by 2026, then they would have to trade their 2026 and 2027 second-round picks to the Knicks.
In reality, the Wizards will likely choose between No. 1 and No. 10 in 2025, although 2026 remains uncertain.
Based on previous trades, the Wizards’ 2026 and 2030 first-round picks could be traded to the Phoenix Suns, and their 2028 first-round pick could be traded to the Suns, Brooklyn NetsOr The Philadelphia 76ers.
The Wizards could receive an additional 2030 first-round pick from the Golden State Warriors if it is lower than No. 20, meaning that pick is protected in the Top 20 for Golden State. If that pick is in the Top 20, the Wizards would receive the Warriors’ 2030 second-round pick.
Future second-round draft picks through 2031 that depend on the order of a future draft
Here are the picks the Wizards could receive based on future seasons’ draft order:
I hope this clarifies how the salary cap and draft picks could impact the Wizards’ future. Thanks again to SalarySwish for their insight into understanding all of these details.
