KENNETH LOFTON JR. #34

Unsigned

Kenneth Lofton Jr. headshot
Power Forward
Years of Service Tooltip : 2
2024-25 Year of Service Earned Tooltip : No
BORN: Aug 14, 2002
BIRTHPLACE: Port Arthur, Texas, United States
NATIONALITY:United StatesUnited States
HEIGHT:
6'6"
198cm
WEIGHT:
275lbs
125kg
AGE: 22
SHOOTS: Left
DRAFT YEAR: Undrafted
AGENT DETAILS
SUMMARY

Kenneth Lofton Jr. is a 22 year old power forward who was born on Aug 14, 2002. He has signed 5 contracts worth a total value of $15,005,724. He is represented by the agent Kenroy George of Kenroy George Independent.

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Bird Rights: Non-Bird (NQVFA)

CONTRACT HISTORY

TWO-WAY CONTRACT
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SIGNED BY: Zach Kleiman
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Length: 1 year
Value: $508,891
Guaranteed: $50,000 (10%)
Expiry Status: RFA
AAVTooltip: $508,891
Cap % Tooltip: 0.00
Signing Team: Logo of the Memphis GrizzliesMEM
Signing Method: Two-WayTooltip
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.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
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 (Logo of the Memphis GrizzliesMEM - Apr 8, 2023)
ROOKIE CONTRACT (REST OF SEASON)
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SIGNED BY: Zach Kleiman
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Length: 3 - 4 years
Value: $6,927,262
Guaranteed: $2,719,864 (39%)
Expiry Status: UFA
AAVTooltip: $1,731,816
Cap % Tooltip: 1.00
Signing Team: Logo of the Memphis GrizzliesMEM
Signing Method: MLETooltip
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.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
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 WTeam$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: $2,087,519
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 (Logo of the Memphis GrizzliesMEM - Dec 18, 2023)
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)
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SIGNED BY: Elton Brand
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Length: 1 year
Value: $559,782
Guaranteed: $0 (0%)
Expiry Status: UFA (Waived)
AAVTooltip: $559,782
Cap % Tooltip: 0.00
Signing Team: Logo of the Philadelphia 76ersPHI
Signing Method: Two-WayTooltip
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.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2023-24 W$0$559,782$0$0$0
TOTAL$0$559,782$0$0$0
Cap Hold 2024-25: $1,862,265
WAIVED: This contract was waived (Logo of the Philadelphia 76ersPHI - Mar 1, 2024)
VETERAN CONTRACT (REST OF SEASON)
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SIGNED BY: Justin Zanik
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Length: 2 - 3 years
Value: $4,922,270
Guaranteed: $500,000 (10%)
Expiry Status: UFA (Waived)
AAVTooltip: $1,640,757
Cap % Tooltip: 0.00
Signing Team: Logo of the Utah JazzUTA
Signing Method: Room-MLETooltip
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.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2023-24$500,000$500,000$500,000$0$0
2024-25 W$2,120,683$2,120,683 (+324%)$0$0$0
2025-26 WTeamNo (Jul 24, 2024)$2,301,587$2,301,587 (+36%)$0$0$0
TOTAL$4,922,270$4,922,270$500,000$0$0
Cap Hold 2025-26: $2,756,888
GUARANTEED DETAILS
2024-25: Increase from $0 to $400,000 (+$400,000) if player is not waived before Jul 25, 2024 [Requirements Unmet]
2024-25: Increase from $400,000 to $600,000 (+$200,000) if the player is not waived prior to the first regular season game [Requirements Unmet]
2024-25: Increase from $600,000 to $2,120,683 (+$1,520,683) if player is not waived before Jan 10, 2025 [Requirements Unmet]
2025-26: $0 Team Option [Requirements Unmet]
2025-26: Increase from $0 to $434,120 (+$434,120) if player is not waived before Jul 25, 2025 [Requirements Unmet]
2025-26: Increase from $434,120 to $651,180 (+$217,060) if the player is not waived prior to the first regular season game [Requirements Unmet]
2025-26: Increase from $651,180 to $2,301,587 (+$1,650,407) if player is not waived before Jan 10, 2026 [Requirements Unmet]
WAIVED: This contract was waived (Logo of the Utah JazzUTA - Jul 24, 2024)
EXHIBIT 10
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SIGNED BY: Marc Eversley
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Length: 1 year
Value: $2,087,519
Guaranteed: $0 (0%)
Expiry Status: UFA (Waived)
AAVTooltip: $2,087,519
Cap % Tooltip: 1.00
Signing Team: Logo of the Chicago BullsCHI
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: August 15, 2024
Source: SalarySwish

Kenneth Lofton Jr. signed a 1 year, $2,087,519 contract with the Chicago Bulls on Aug 15, 2024. The contract has a cap hit of $1,157,153.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2024-25 W$1,157,153$2,087,519$0$0$0
TOTAL$1,157,153$2,087,519$0$0$0
Cap Hold 2025-26: $2,296,271
GUARANTEED DETAILS
2024-25: Increase from $0 to $2,087,519 (+$2,087,519) if player is not waived [Requirements Unmet]
WAIVED: This contract was waived (Logo of the Chicago BullsCHI - Oct 17, 2024)

DEAD CAP

TYPE: WAIVERS
TEAM: Logo of the Memphis GrizzliesMemphis Grizzlies
LENGTH: 1 YEAR
VALUE: $1,719,864
DATE: December 18, 2023
SEASONBASE SALARYCAP HIT
2023-24$1,719,864$1,719,864
Note: Waived by Memphis Grizzlies

SALARY PROGRESSION

CAREER STATS

Stats Powered by Sportradar
SeasonTypeTeamGPGSMINPTSFGMFGAFG%3PM3PA3P%FTMFTAFT%OREBDREBREBASTSTLBLK
2022-23RegularLogo of the Memphis GrizzliesMemphis Grizzlies241176120934952.717635.3271659.31932512052
PlayoffsLogo of the Memphis GrizzliesMemphis Grizzlies401278337.5200.02150.0123100
2023-24RegularLogo of the Utah JazzUtah Jazz409155352160.012433.311981.81010201932
RegularLogo of the Philadelphia 76ersPhiladelphia 76ers20926116.7200.0000.0033000
RegularLogo of the Memphis GrizzliesMemphis Grizzlies1509939371437.810330.015853.3213151433
2022-23RegularLogo of the Memphis GrizzliesMemphis Grizzlies2417.35.02.03.952.70.30.735.30.71.159.30.81.32.10.80.20.1
PlayoffsLogo of the Memphis GrizzliesMemphis Grizzlies403.01.80.82.037.50.00.50.00.30.550.00.30.50.80.30.00.0
2023-24RegularLogo of the Memphis GrizzliesMemphis Grizzlies1506.62.60.92.537.80.20.730.00.51.053.30.10.91.00.90.20.2
RegularLogo of the Philadelphia 76ersPhiladelphia 76ers204.51.00.53.016.70.01.00.00.00.00.00.01.51.50.00.00.0
RegularLogo of the Utah JazzUtah Jazz4022.813.85.38.860.01.03.033.32.32.881.82.52.55.04.80.80.5