JARED BUTLER

Logo of the Washington WizardsWashington Wizards

Jared Butler headshot
Point Guard

Salary: $559,782

Cap Hit: $0

Years of Service Tooltip : 3
2024-25 Year of Service Earned Tooltip : Yes
BORN: Aug 25, 2000
BIRTHPLACE: Reserve, Louisiana, United States
NATIONALITY:United StatesUnited States
HEIGHT:
6'3"
191cm
WEIGHT:
193lbs
88kg
AGE: 24
SHOOTS: Right
DRAFT YEAR: 2021
DRAFTED OVERALL: 40
DRAFT ROUND: 2
DRAFTED BY: UTA
AGENT DETAILS
SUMMARY

Jared Butler's salary is $559,782 for the 2024-25 season. He is a 24 year old point guard who was born on Aug 25, 2000. He was drafted 40th overall by the Utah Jazz in the 2nd round of the 2021 draft. He has signed 5 contracts worth a total value of $9,945,702. He will be a UFA at the end of the 2024-25 season when he is 24 years old. He is represented by the agents Mark Bartelstein and Kieran Piller of Priority Sports Entertainment.

Bird Rights Calculator Icon
Bird Rights: Non-Bird (NQVFA)

CURRENT CONTRACT

TWO-WAY CONTRACT
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Will Dawkins
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 1 year
Value: $559,782
Guaranteed: $77,500 (14%)
Expiry Status: UFA
AAVTooltip: $559,782
Cap % Tooltip: 0.00
Signing Team: Logo of the Washington WizardsWAS
Signing Method: Two-WayTooltip
Signing Date: October 21, 2024
Source: SalarySwish

Jared Butler signed a 1 year, $559,782 contract with the Washington Wizards on Oct 21, 2024. The contract has a cap hit of $0.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2024-25$0$559,782$77,500$0$0
TOTAL$0$559,782$77,500$0$0
Cap Hold 2025-26: $2,048,492

CONTRACT HISTORY

ROOKIE CONTRACT
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Justin Zanik
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 2 years
Value: $2,488,776
Guaranteed: $2,488,776 (100%)
Expiry Status: UFA (Waived)
AAVTooltip: $1,244,388
Cap % Tooltip: 0.82
Signing Team: Logo of the Utah JazzUTA
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: August 11, 2021
Source: SalarySwish

Jared Butler signed a 2 year, $2,488,776 contract with the Utah Jazz on Aug 11, 2021. The contract has a cap hit that ranges from $925,258 to $1,563,518.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2021-22$925,258$925,258$925,258$0$0
2022-23 W$1,563,518$1,563,518 (+69%)$1,563,518$0$0
TOTAL$2,488,776$2,488,776$2,488,776$0$0
Qualifying Offer: $1,954,398
Cap Hold 2023-24: $2,019,706
WAIVED: This contract was waived (Logo of the Utah JazzUTA - Oct 15, 2022)
DEAD CAP: This contract is a source of dead cap, refer to the Dead Cap section below for details
TWO-WAY CONTRACT (REST OF SEASON)
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Sam Presti
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 1 year
Value: $508,891
Guaranteed: $0 (0%)
Expiry Status: UFA (No QO)
AAVTooltip: $508,891
Cap % Tooltip: 0.00
Signing Team: Logo of the Oklahoma City ThunderOKC
Signing Method: Two-WayTooltip
Signing Date: March 1, 2023
Source: SalarySwish

Jared Butler signed a 1 year, $508,891 contract with the Oklahoma City Thunder on Mar 1, 2023. The contract has a cap hit of $0.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2022-23$0$508,891$0$0$0
TOTAL$0$508,891$0$0$0
Qualifying Offer: $559,780 (Guaranteed: $50,000)
Cap Hold 2023-24: $1,801,769
QUALIFYING OFFER DECLINED: Logo of the Oklahoma City ThunderOKC on Jun 29, 2023
TWO-WAY CONTRACT
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Will Dawkins
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 1 year
Value: $559,782
Guaranteed: $279,890 (50%)
Expiry Status: UFA
AAVTooltip: $559,782
Cap % Tooltip: 0.00
Signing Team: Logo of the Washington WizardsWAS
Signing Method: Two-WayTooltip
Signing Date: July 28, 2023
Source: SalarySwish

Jared Butler signed a 1 year, $559,782 contract with the Washington Wizards on Jul 28, 2023. The contract has a cap hit of $0.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2023-24 V$0$559,782$279,890
(75.0k→280k)
$0$0
TOTAL$0$559,782$279,890$0$0
Cap Hold 2024-25: $1,862,265
GUARANTEED DETAILS
2023-24: Increase from $75,000 to $279,890 (+$204,890) if the player is not waived prior to the first regular season game [Requirements Met]
VOIDED DUE TO CONVERSION: This contract was converted to a Veteran Contract contract (Logo of the Washington WizardsWAS - Apr 5, 2024)
VETERAN CONTRACT (REST OF SEASON)
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Will Dawkins
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 2 - 3 years
Value: $5,828,471
Guaranteed: $3,446,970 (59%)
Expiry Status: UFA (Waived)
AAVTooltip: $1,942,824
Cap % Tooltip: 1.00
Signing Team: Logo of the Washington WizardsWAS
Signing Method: MLETooltip
Signing Date: April 5, 2024
Source: SalarySwish

Jared Butler signed a 2-3 year, $5,828,471 contract with the Washington Wizards on Apr 5, 2024. The contract has a cap hit that ranges from $1,250,000 to $2,381,501.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2023-24$1,250,000$1,250,000$1,250,000$0$0
2024-25 W$2,196,970$2,196,970 (+76%)$2,196,970$0$0
2025-26 WTeamNo (Oct 19, 2024)$2,381,501$2,381,501 (+15%)$0$0$0
TOTAL$5,828,471$5,828,471$3,446,970$0$0
Cap Hold 2025-26: $2,296,271
GUARANTEED DETAILS
2025-26: $2,381,501 Team Option [Decision Pending]
WAIVED: This contract was waived (Logo of the Washington WizardsWAS - Oct 19, 2024)
DEAD CAP: This contract is a source of dead cap, refer to the Dead Cap section below for details

DEAD CAP

TYPE: WAIVERS
TEAM: Logo of the Utah JazzUtah Jazz
LENGTH: 1 YEAR
VALUE: $1,563,518
DATE: October 15, 2022
SEASONBASE SALARYCAP HIT
2022-23$1,563,518$1,563,518
Note: Waived by Utah Jazz
TYPE: WAIVERS
TEAM: Logo of the Washington WizardsWashington Wizards
LENGTH: 1 YEAR
VALUE: $2,196,970
DATE: October 19, 2024
SEASONBASE SALARYCAP HIT
2024-25$2,196,970$2,196,970

SALARY PROGRESSION

CURRENT SEASON STATS

SeasonTypeTeamGPGSMINPTSFGMFGAFG%3PM3PA3P%FTMFTAFT%OREBDREBREBASTSTLBLK
2024-25RegularLogo of the Washington WizardsWashington Wizards14011866522548.18112.5211571.42683062
2024-25RegularLogo of the Washington WizardsWashington Wizards1408.44.71.83.748.10.10.612.51.11.571.40.10.40.62.10.40.1

CAREER STATS

Stats Powered by Sportradar
SeasonTypeTeamGPGSMINPTSFGMFGAFG%3PM3PA3P%FTMFTAFT%OREBDREBREBASTSTLBLK
2021-22RegularLogo of the Utah JazzUtah Jazz4213601611516140.4882831.8161168.85404563178
PlayoffsLogo of the Utah JazzUtah Jazz1050200.0000.0000.0011000
2022-23RegularLogo of the Oklahoma City ThunderOklahoma City Thunder617737321546.914750.0000.0134850
2023-24RegularLogo of the Washington WizardsWashington Wizards4005662512019848.8782430.8363186.194958126298
2024-25RegularLogo of the Washington WizardsWashington Wizards14011866522548.18112.5211571.42683062
2021-22RegularLogo of the Utah JazzUtah Jazz4218.63.81.53.640.40.72.131.80.30.468.80.11.01.11.50.40.2
PlayoffsLogo of the Utah JazzUtah Jazz105.00.00.02.00.00.00.00.00.00.00.00.01.01.00.00.00.0
2022-23RegularLogo of the Oklahoma City ThunderOklahoma City Thunder6112.86.22.55.346.91.22.350.00.00.00.00.20.50.71.30.80.0
2023-24RegularLogo of the Washington WizardsWashington Wizards40014.26.32.55.048.80.62.030.80.80.986.10.21.21.53.20.70.2
2024-25RegularLogo of the Washington WizardsWashington Wizards1408.44.71.83.748.10.10.612.51.11.571.40.10.40.62.10.40.1