What does the Utah Jazz’s cap space look like in 2024?
The Utah Jazz are a team in flux and could look very different by the time the team breaks for the 2024 off-season. There are a number of players who may not be back in 2024, ranging from Kelly Olynyk to Lauri Markkanen, there are a lot of guys who could be gone. Collin Sexton, Jordan Clarkson, Omer Yurtseven, Talen Horto-Tucker, and Kris Dunn are some of the names that could be off the team by next summer.
There’s also a good chance, some, if not all of those names are retained. It really comes down to any trades that may pop up or if certain guys like Sexton and Markkanen agree to extensions.
Assuming everything goes right for next year and guys Markkanen isn’t traded and guys like Olynyk are allowed to walk, what would the Jazz’s cap space situation look like for next year?
Well, according to Keith Smith of Spotrac (via Hoops Rumors), the Jazz are looking at a lot of money to play around, with Hoops Rumors writing;
"…the Jazz are projected to have the third-most cap space in the 2024 offseason, with Spotrac contributor Keith Smith projecting Utah to have $41.6MM in space, behind the Spurs and Magic."
The Jazz will have about $51 million to use, barring any trades or extensions. A nice tidy some that would make most fans very excited, but it’s important to remember that a lot of free agents don’t come to Salt Lake City unless they’re overpaid.
So the Jazz would be better off finding a trade where they could bring in a guy or two for the contracts of Olynyk and Horton-Tucker, that way the team doesn’t have to worry about paying a $15 million player like a $30 million player.
The team has more than enough assets to get a good, young player from another team to further continue their rebuild.