General Terms

  1. 1 Year, $9,250,000
  2. $1,387,500 in Unlikely Bonuses
  3. Visit the Grizzlies Capsheet for Annual Breakdown
  4. Implied No Trade Clause

Cap Discussion

  1. The team declined Kennard’s $14 million Team Option for 2024-2025 prior to signing his new One-Year deal
  2. The team acquired Kennard’s Full Bird Rights when acquiring him from the Clippers in 2023, allowing them to sign him over the Salary Cap.
  3. The team was able to clear enough cap space with the Zaire Williams trade to allow this signing to keep them just below the tax threshold for the year.
  4. The Unlikely Bonuses don’t count toward Team Salary, but do count toward Apron Salary throughout the season, and will count toward the tax if they are triggered.

Contract Visualization

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