KENNETH LOFTON JR. #34

Utah Jazz

Power Forward

Salary: $500,000

Cap Hit: $500,000

Years of Service

: 1

2023-24 Year of Service Earned

: Yes

BORN: Aug 14, 2002

BIRTHPLACE: Port Arthur, Texas, United States

NATIONALITY:

United States

HEIGHT:

6'6"

198cm

WEIGHT:

275lbs

125kg

AGE: 21

SHOOTS: Left

DRAFT YEAR: Undrafted

AGENT DETAILS

Agency:Kenroy George Independent

Primary Agent:Kenroy George

SUMMARY▴▾

Kenneth Lofton Jr.'s salary is $500,000 for the 2023-24 season. He is a 21 year old power forward who was born on Aug 14, 2002. He has signed 4 contracts worth a total value of $12,918,205. He will be a UFA at the end of the 2025-26 season when he is 23 years old. He is represented by the agent Kenroy George of Kenroy George Independent.

Bird Rights: Bird (QVFA) [2026 projection]

CURRENT CONTRACT

Length: 2 - 3 years

Value: $4,922,270

Guaranteed: $500,000 (10%)

Expiry Status: UFA

AAV

: $1,640,757

Cap %

: 0.00

Signing Team:

UTA

Signing Method: Room-MLE

Signing Date: March 11, 2024

Source: SalarySwish

Kenneth Lofton Jr. signed a 2-3 year, $4,922,270 contract with the Utah Jazz on Mar 11, 2024. The contract has a cap hit that ranges from $500,000 to $2,301,587.

Season	Option	Cap Hit	Base Salary	Guaranteed	Likely Inctv.	Unlikely Inctv.
2023-24		$500,000	$500,000	$500,000	$0	$0
2024-25		$2,120,683	$2,120,683 (+324%)	$0	$0	$0
2025-26	Team	$2,301,587	$2,301,587 (+36%)	$0	$0	$0
TOTAL		$4,922,270	$4,922,270	$500,000	$0	$0

Cap Hold 2026-27: $2,436,895

GUARANTEED DETAILS

2024-25: Increase from $0 to $400,000 (+$400,000) if player is not waived before Jul 25, 2024 [Decision Pending]

2024-25: Increase from $400,000 to $600,000 (+$200,000) if the player is not waived prior to the first regular season game [Decision Pending]

2024-25: Increase from $600,000 to $2,120,683 (+$1,520,683) if player is not waived before Jan 10, 2025 [Decision Pending]

2025-26: $0 Team Option [Decision Pending]

2025-26: Increase from $0 to $434,120 (+$434,120) if player is not waived before Jul 25, 2025 [Decision Pending]

2025-26: Increase from $434,120 to $651,180 (+$217,060) if the player is not waived prior to the first regular season game [Decision Pending]

2025-26: Increase from $651,180 to $2,301,587 (+$1,650,407) if player is not waived before Jan 10, 2026 [Decision Pending]

CONTRACT HISTORY

Length: 1 year

Value: $508,891

Guaranteed: $50,000 (10%)

Expiry Status: RFA

AAV

: $508,891

Cap %

: 0.00

Signing Team:

MEM

Signing Method: Two-Way

Signing Date: July 1, 2022

Source: SalarySwish

Kenneth Lofton Jr. signed a 1 year, $508,891 contract with the Memphis Grizzlies on Jul 1, 2022. The contract has a cap hit of $0.

Season	Option	Option Used	Cap Hit	Base Salary	Guaranteed	Likely Inctv.	Unlikely Inctv.
2022-23 V			$0	$508,891	$50,000	$0	$0
TOTAL			$0	$508,891	$50,000	$0	$0

Qualifying Offer: $559,780 (Guaranteed: $50,000)

Cap Hold 2023-24: $1,801,769

VOIDED DUE TO CONVERSION: This contract was converted to a Rookie Contract contract (

MEM - Apr 8, 2023)

Length: 3 - 4 years

Value: $6,927,262

Guaranteed: $2,719,864 (39%)

Expiry Status: UFA

AAV

: $1,731,816

Cap %

: 1.00

Signing Team:

MEM

Signing Method: MLE

Signing Date: April 8, 2023

Source: SalarySwish

Kenneth Lofton Jr. signed a 3-4 year, $6,927,262 contract with the Memphis Grizzlies on Apr 8, 2023. The contract has a cap hit that ranges from $1,000,000 to $2,187,699.

Season	Option	Cap Hit	Base Salary	Guaranteed	Likely Inctv.	Unlikely Inctv.
2022-23		$1,000,000	$1,000,000	$1,000,000	$0	$0
2023-24 W		$1,719,864	$1,719,864 (+72%)	$1,719,864	$0	$0
2024-25 W		$2,019,699	$2,019,699 (+30%)	$0	$0	$0
2025-26 W	Team	$2,187,699	$2,187,699 (+17%)	$0	$0	$0
TOTAL		$6,927,262	$6,927,262	$2,719,864	$0	$0

Cap Hold 2024-25: $2,093,637

GUARANTEED DETAILS

2024-25: Increase from $0 to $2,019,699 (+$2,019,699) if player is not waived before Jun 30, 2024 [Requirements Unmet]

2025-26: Increase from $0 to $2,187,699 (+$2,187,699) if player is not waived before Jun 30, 2025 [Requirements Unmet]

2025-26: $2,187,699 Team Option [Requirements Unmet]

WAIVED: This contract was waived (

MEM - Dec 18, 2023)

DEAD CAP: This contract is a source of dead cap, refer to the Dead Cap section below for details

Length: 1 year

Value: $559,782

Guaranteed: $0 (0%)

Expiry Status: UFA (Waived)

AAV

: $559,782

Cap %

: 0.00

Signing Team:

PHI

Signing Method: Two-Way

Signing Date: December 23, 2023

Source: SalarySwish

Kenneth Lofton Jr. signed a 1 year, $559,782 contract with the Philadelphia 76ers on Dec 23, 2023. The contract has a cap hit of $0.

Season	Option	Option Used	Cap Hit	Base Salary	Guaranteed	Likely Inctv.	Unlikely Inctv.
2023-24 W			$0	$559,782	$0	$0	$0
TOTAL			$0	$559,782	$0	$0	$0

Cap Hold 2024-25: $1,867,722

WAIVED: This contract was waived (

PHI - Mar 1, 2024)

DEAD CAP

TYPE: WAIVERS

TEAM:

Memphis Grizzlies

LENGTH: 1 YEAR
VALUE: $1,719,864
DATE: December 18, 2023

SEASON		BASE SALARY	CAP HIT
2023-24		$1,719,864	$1,719,864

Note: Waived by Memphis Grizzlies

SALARY PROGRESSION

CURRENT SEASON STATS

Season	Type	Team	GP	MIN	PTS	FGM	FGA	FG%	3PM	3PA	3P%	FTM	FTA	FT%	OREB	DREB	REB	AST	STL	BLK
2023-24	Regular	Utah Jazz	4	91	55	35	21	60.0	12	4	33.3	11	9	81.8	10	10	20	19	3	2
	Regular	Philadelphia 76ers	2	9	2	6	1	16.7	2	0	0.0	0	0	0.0	0	3	3	0	0	0
	Regular	Memphis Grizzlies	15	99	39	37	14	37.8	10	3	30.0	15	8	53.3	2	13	15	14	3	3
2023-24	Regular	Memphis Grizzlies	15	6.6	2.6	0.9	2.5	37.8	0.2	0.7	30.0	0.5	1.0	53.3	0.1	0.9	1.0	0.9	0.2	0.2
	Regular	Philadelphia 76ers	2	4.5	1.0	0.5	3.0	16.7	0.0	1.0	0.0	0.0	0.0	0.0	0.0	1.5	1.5	0.0	0.0	0.0
	Regular	Utah Jazz	4	22.8	13.8	5.3	8.8	60.0	1.0	3.0	33.3	2.3	2.8	81.8	2.5	2.5	5.0	4.8	0.8	0.5

CAREER STATS

Stats Powered by

AVERAGE

TOTAL

Season	Type	Team	GP	GS	MIN	PTS	FGM	FGA	FG%	3PM	3PA	3P%	FTM	FTA	FT%	OREB	DREB	REB	AST	STL	BLK
2022-23	Regular	Memphis Grizzlies	24	1	176	120	93	49	52.7	17	6	35.3	27	16	59.3	19	32	51	20	5	2
	Playoffs	Memphis Grizzlies	4	0	12	7	8	3	37.5	2	0	0.0	2	1	50.0	1	2	3	1	0	0
2023-24	Regular	Utah Jazz	4	0	91	55	35	21	60.0	12	4	33.3	11	9	81.8	10	10	20	19	3	2
	Regular	Philadelphia 76ers	2	0	9	2	6	1	16.7	2	0	0.0	0	0	0.0	0	3	3	0	0	0
	Regular	Memphis Grizzlies	15	0	99	39	37	14	37.8	10	3	30.0	15	8	53.3	2	13	15	14	3	3
2022-23	Regular	Memphis Grizzlies	24	1	7.3	5.0	2.0	3.9	52.7	0.3	0.7	35.3	0.7	1.1	59.3	0.8	1.3	2.1	0.8	0.2	0.1
	Playoffs	Memphis Grizzlies	4	0	3.0	1.8	0.8	2.0	37.5	0.0	0.5	0.0	0.3	0.5	50.0	0.3	0.5	0.8	0.3	0.0	0.0
2023-24	Regular	Memphis Grizzlies	15	0	6.6	2.6	0.9	2.5	37.8	0.2	0.7	30.0	0.5	1.0	53.3	0.1	0.9	1.0	0.9	0.2	0.2
	Regular	Philadelphia 76ers	2	0	4.5	1.0	0.5	3.0	16.7	0.0	1.0	0.0	0.0	0.0	0.0	0.0	1.5	1.5	0.0	0.0	0.0
	Regular	Utah Jazz	4	0	22.8	13.8	5.3	8.8	60.0	1.0	3.0	33.3	2.3	2.8	81.8	2.5	2.5	5.0	4.8	0.8	0.5

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KENNETH LOFTON JR. #34

Utah Jazz

Power Forward

AGENT DETAILS

SUMMARY▴▾

CURRENT CONTRACT

VETERAN CONTRACT (REST OF SEASON)

CONTRACT HISTORY

TWO-WAY CONTRACT

ROOKIE CONTRACT (REST OF SEASON)

TWO-WAY CONTRACT (REST OF SEASON)

DEAD CAP

SALARY PROGRESSION

CURRENT SEASON STATS

CAREER STATS