KENNETH LOFTON JR. #34

Logo of the Utah JazzUtah Jazz

Kenneth Lofton Jr. headshot
Power Forward

Salary: $2,120,683

Cap Hit: $2,120,683

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: 21
SHOOTS: Left
DRAFT YEAR: Undrafted
AGENT DETAILS
SUMMARY

Kenneth Lofton Jr.'s salary is $2,120,683 for the 2024-25 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.

CURRENT CONTRACT

VETERAN CONTRACT (REST OF SEASON)
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Justin Zanik
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 2 - 3 years
Value: $4,922,270
Guaranteed: $500,000 (10%)
Expiry Status: UFA
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$2,120,683$2,120,683 (+324%)$0$0$0
2025-26Team$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: $2,425,272
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

TWO-WAY CONTRACT
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SIGNED BY: Zach Kleiman
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
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
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
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)
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Elton Brand
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
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)

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