Contract Terms

  1. 4 years / $10,110,640
  2. $379,382 guaranteed in 2026-2027: Guarantees based on playtime benchmarks in prior seasons
  3. $427,323 guaranteed in 2027-2028 with Team Option: Guarantees based on playtime benchmarks in prior seasons;
  4. For annual breakdowns visit Grizzlies Capsheet

Cap Discussion

Contract Type

  1. Memphis converts Huff’s Two-Way Contract into a Standard Contract
  2. Because the season started, the Conversion is considered a “Rest-of-Season Contract”

Salary

  1. Huff’s Veteran Minimum Salary for 3 Years of Service is $2,162,606. Because he is signed after the season begins, that amount is prorated to $2,088033:
    1. (168 days remaining in season / 174 days in the season) x $2,162,606 = $2,088,033
  2. His remaining years are for the applicable minimum salary for each season.

Exception Used

  1. Because Huff’s contract exceeds two seasons in length, Memphis must use it’s Non-Taxpayer Midlevel Exception (NTMLE) rather than the Minimum Player Salary Exception.
  2. Memphis also had to use a portion of its NTMLE to sign Scotty Pippen Jr. to a deal longer than four seasons, at a starting salary of $2,087,519
  3. Memphis now has $8,646,448 remaining in their NTMLE.