KSLSPORTS FEED

Jazz 2023 Offseason Rich With Draft Picks, Salary Cap Space

Apr 17, 2023, 2:59 PM

Follow @kslsports...

SALT LAKE CITY – The Utah Jazz missed the playoffs for the first time in seven seasons, and can now turn their attention to what could be a very busy summer in 2023.

After blowing up the roster in 2022, Danny Ainge, Justin Zanik, and the rest of the Jazz front office have plenty of tools at their disposal to make the summer of 2023 a memorable one.

Here’s a look at what assets the Jazz have at their disposal this summer.

Utah Jazz Draft Picks

With the playoffs underway, the Jazz finally have a clearer picture of where they will be drafting the first round this summer.

Finishing with a record of 37-45, the Jazz own the ninth-best odds of winning the NBA lottery, or moving into the top four spots of June’s draft.

The lottery will be held on May 16th, and the Jazz will learn if they’ve climbed into the top four picks, or wind up selecting ninth or lower.

The Jazz also own two additional 2023 first-rounders from the Minnesota Timberwolves and the Philadelphia 76ers.

Both teams qualified for the playoffs, so their draft position is set. The Jazz will own the 16th pick in the first round via the Timberwolves (Rudy Gobert trade), and the 28th pick from the 76ers (Royce O’Neale trade).

Beyond this summer’s selections, the Jazz own 12 future first-round picks between 2025-2029 that can be traded this summer.

Utah Jazz Free Agents

The Jazz enter the 2023 offseason with only a small number of players becoming true unrestricted free agents, but a handful of players with options to test the open market.

Jordan Clarkson, Talen Horton-Tucker, Rudy Gay, and Damian Jones all have player options to return to the Jazz if they choose to do so.

Of the four, Gay is a no-brainer to pick up his option, unless he decided his playing career was over, bypassing a $6.4 million payday.

Horton-Tucker will likely pick up his player option worth $11 million, while Jones could go either direction with a $2.5 million deal sitting on the table.

Clarkson is owed only $14.2 million on his player option, and after a career year, would be foolish to not test the market for a longer guaranteed deal valued at a higher number next season, even if he resigns with the Jazz.

Outside of those with player options, the Jazz signed Kris Dunn, Luka Samanic, and Vernon Carey Jr. to non-guaranteed deals for next season, while only $3 million of Kelly Olynyk’s $12.1 million is guaranteed next season.

Barring injury, or the unforeseen need for salary cap space, Dunn and Olynyk are safe bets to return to the Jazz next season, while Samanic and Carey Jr. will be able to audition for their sports during the summer league and in training camp.

Juan Toscano-Anderson and Udoka Azubuike will both hit unrestricted free agency this summer, as will Micah Potter and Johnny Juzang, both of whom were under two-way deals this season.

Utah Jazz Salary Cap Space

Entering the season, the Jazz were unlikely to have significant cap room during the summer of 2023 had they stuck with their opening night roster.

However, that outlook changed significantly when they traded the contracts of Mike Conley, Malik Beasley, Nickeil Alexander-Walker, and Jarred Vanderbilt for Russell Westbrook, Toscano-Anderson, Jones, and a future first-round pick from the Los Angeles Lakers.

Conley was set to earn $24.3 million next season, Beasley had a team option of $16.5 million, Vanderbilt had a nearly non-guaranteed deal of $4.6 million, and Alexander-Walker was set to high free agency.

By unloading Conley, the Jazz trimmed at least $24.3 million from their books, and may have cleared as much as $45.4 by moving Beasley and Vanderbilt.

With only Collin Sexton, Lauri Markkanen, Ochai Agbaji, Walker Kessler, and Simone Fonetcchio on guaranteed contracts, and just $3 million owed to Olynyk, the Jazz could theoretically have as little as $45 million in guaranteed salaries.

However, with player options for Gay and Horton-Tucker, and very reasonable full-year contracts for Olynyk, Dunn, and Samanic, that number is more likely to sit in the $90-100 million range, with a projected salary of $134.

That means the Jazz could have somewhere in the vicinity of $30-45 million in cap space depending on the decisions from Clarkson and Jones, and based on the number of first-round draft picks the team makes in June.

Important Dates And Exceptions

  • May 16 – NBA Draft Lottery 
  • June 22 – NBA Draft
  • June 23 – Damian Jones Player Option Date
  • June 28 – Kelly Olynyk’s Contract Becomes Guaranteed
  • June 29 – Talen Horton-Tucker Player Option Date
  • June 29 – Rudy Gay Player Option Date
  • June 29 – Jordan Clarkson Player Option Date
  • July – Utah Jazz And Las Vegas Summer Leagues
  • July 18 – Luka Samanic Contract Becomes Partially Guaranteed
  • October 23 – Kris Dunn Contract Becomes Guaranteed
  • October 23 – Vernon Carey Jr. Contract Becomes Guaranteed
  • October 23 – Luka Samanic Contract Becomes Partially Guaranteed
  • Jazz Have $6.4 Million Of Mid-Level Exception Available
  • Jazz Have $4.1 Million Bi-Annual Exception Available.
  • Jazz Have $19.2 Million in Trade Exceptions From Last Summer

Contract numbers and guarantee dates courtesy of Basketball Reference and Spotrac.

Download the new & improved KSL Sports app from Utah’s sports leader. You can stream live radio, video and stay up to date on all of your favorite teams.

Ben Anderson is the Utah Jazz insider for KSL Sports and the co-host of Jake and Ben from 10-12p with Jake Scott on 97.5 The KSL Sports Zone. Find Ben on Twitter at @BensHoops or on Instagram @BensHoops.

KSL 5 TV Live

KSLSports Feed

KSL Sports

Former BYU Coach Bronco Mendenhall Excited For Next Journey At New Mexico

The former headman at BYU is back in the Mountain West Conference.

9 hours ago

KSL Sports

Five Utah Jazz Takeaways From Salt Lake City Summer League

The 2024 Salt Lake City Summer League is complete as the Utah Jazz prepare to join 29 other teams heading to Las Vegas.

11 hours ago

KSL Sports

Utah State Football Interim Head Coach Nate Dreiling Focused On Moving Forward After ‘Whirlwind’ Past Two Weeks

It may not be how he wanted to become a head coach, but Utah State interim head coach Nate Dreiling has the keys to the car

13 hours ago

KSL Sports

What You Need To Know About The NBA’s Upcoming Media Rights Deal

The NBA's new media rights deals nearly put the league in the same economic arena with the media behemoth that is the NFL.

13 hours ago

KSL Sports

Big 12 Commissioner Brett Yormark Says Conference Is In Great Spot With Utah, BYU

Big 12 commissioner Brett Yormark has big hopes for the conference's newest rivalry between the BYU Cougars and Utah Utes.

14 hours ago

KSL Sports

60 In 60: No. 36 Utah’s Landen King (Tight End)

The countdown is on for Hans & Scotty’s 60 in 60 for the 2024 college football season. Landing at No. 36 is Utah tight end Landen King.

14 hours ago

Sponsored Articles

A kitchen in a modern farmhouse....

Lighting Design

A room-by-room lighting guide for your home

Bookmark this room-by-room lighting guide whenever you decide to upgrade your lighting or style a new home.

Photo courtesy of Artists of Ballet West...

Ballet West

The rising demand for ballet tickets: why they’re harder to get

Ballet West’s box office is experiencing demand they’ve never seen before, leaving many interested patrons unable to secure tickets they want.

Electrician repairing ceiling fan with lamps indoors...

Lighting Design

Stay cool this summer with ceiling fans

When used correctly, ceiling fans help circulate cool and warm air. They can also help you save on utilities.

Side view at diverse group of children sitting in row at school classroom and using laptops...

PC Laptops

5 internet safety tips for kids

Read these tips about internet safety for kids so that your children can use this tool for learning and discovery in positive ways.

Women hold card for scanning key card to access Photocopier Security system concept...

Les Olson

Why printer security should be top of mind for your business

Connected printers have vulnerable endpoints that are an easy target for cyber thieves. Protect your business with these tips.

Modern chandelier hanging from a white slanted ceiling with windows in the backgruond...

Lighting Design

Light up your home with these top lighting trends for 2024

Check out the latest lighting design trends for 2024 and tips on how you can incorporate them into your home.

Jazz 2023 Offseason Rich With Draft Picks, Salary Cap Space