Charlotte Hornets 2023-24 Cap Table

The Charlotte Hornets 2023-24 salary cap table, including salary cap table, including team cap space, player cap hits, incentives, & bonus info.

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Total Cap Allocations

$141,036,011 / 26th

Cap Space

$-5,015,011 / 5th

1st Apron Space

$34,913,527

2nd Apron Sapce

$45,361,527

2023-24 Active Roster Cap

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (18) Pos Age Type Cap Hit Cap Hit Pct League Cap Base Salary Incentives Likely Incentives Unlikely Trade Bonus Proration Guaranteed
Bertans Davis Bertans PF 31 FA $17,000,000 12.50% $17,000,000 - - - $17,000,000
Williams Grant Williams PF 25 S&T $12,405,000 9.12% $12,405,000 - - - $12,405,000
Ball LaMelo Ball PG 22 RK-1ST $10,900,635 8.01% $10,900,635 - - - $10,900,635
Miller Brandon Miller SF 21 RK-1ST $10,880,400 8.00% $10,880,400 - - - $10,880,400
Bridges Miles Bridges SF 25 FA $7,921,300 5.82% $7,921,300 - - - $7,921,300
Micic Vasilije Micic PG 30 FA $7,723,000 5.68% $7,723,000 - - - $7,723,000
Martin Cody Martin SF 28 FA $7,560,000 5.56% $7,560,000 - - - $7,560,000
Richards Nick Richards C 26 VET-EXT $5,000,000 3.68% $5,000,000 - - - $5,000,000
Curry Seth Curry SG 33 FA $4,000,000 2.94% $4,000,000 - - - $4,000,000
Williams Mark Williams C 22 RK-1ST $3,908,160 2.87% $3,908,160 - - - $3,908,160
Mann Tre Mann PG 22 RK-1ST $3,191,400 2.35% $3,191,400 - - - $3,191,400
Smith Jr. Nick Smith Jr. PG 19 RK-1ST $2,463,960 1.81% $2,463,960 - - - $2,463,960
Thor JT Thor PF 21 RK $1,836,096 1.35% $1,836,096 - - - $1,836,096
McGowens Bryce McGowens SG 21 ROS $1,719,864 1.26% $1,719,864 - - - $1,719,864
Pokusevski Aleksej Pokusevski PF 22 ROS $565,176 0.42% $565,176 - - - $565,176
Bailey Amari Bailey PG 19 2W Two-Way - - - - - -
Black Leaky Black SF 24 2W Two-Way - - - - - -
Bolden Marques Bolden C 25 2W Two-Way - - - - - -

2023-24 Dead Money Cap

Cap breakdowns for players who have been traded or released. All count against the team's cap.

Player (7) Pos Cap Hit Cap Hit Pct League Cap
Lowry Kyle Lowry PG $28,543,576 20.98%
Bouknight James Bouknight SG $4,570,080 3.36%
Jones Kai Jones PF $3,047,880 2.24%
Smith Ishmael Smith PG $2,019,706 1.48%
Ntilikina Frank Ntilikina PG $2,019,706 1.48%
Bolden Marques Bolden C $116,075 0.09%
Sumner Edmond Sumner SG $40,459 0.03%

2023-24 Cap Hold Cap

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc.

Player (2) Pos Age Type Cap Hit Cap Hit Pct League Cap Qualifying Offer        
Kulboka Arnoldas Kulboka SF 26 2W $1,801,769 1.32% - Two-Way
Lewis Scottie Lewis SG 23 2W $1,801,769 1.32% - Two-Way

2023 Exceptions

Exceptions are essentially "grants" offering teams an additional way to sign players. Exceptions can be split up for multiple player signings, however only one of these exceptions may be used in a season and they cannot be combined.

Type Reason Used On Expires Original Available
Non-Taxpayer Mid-Level
End-of-Season $12,405,000 $12,405,000
Bi-Annual
End-of-Season $4,516,000 $4,516,000
Trade
P.J. Washington trade with DAL
 2/10/2025 $442,826 $442,826

2023 Cap Totals

Cap Maximum Summary
Cap Maximum $136,021,000
Active Roster $97,074,991 28th
Dead Money $40,357,482 3rd
Cap Hold $3,603,538 17th
Total Allocations $141,036,011 26th
Space $-5,015,011 5th
1st Apron Summary
1st Apron Maximum
This team is currently hard-capped at the first apron.
 $172,346,000
Total Allocations $137,432,473 -
Space $34,913,527 -
2nd Apron Summary
2nd Apron Maximum $182,794,000
Total Allocations $137,432,473 -
Space $45,361,527 -

2023 Deadlines

Deadline Date Player Type Value
1/10/2025 Taj Gibson
GUARANTEED
2024-25 Guaranteed 		$3,303,771
3/22/2025 Nick Richards
EXTENSION ELIGIBLE
2024-25 Extension Eligible
6/29/2025 Jared Rhoden
RFA / QO
2025-26 Qualifying Offer 		$2,048,494
6/29/2025 Moussa Diabate
RFA / QO
2025-26 Qualifying Offer — Two-Way 		$2,048,494
6/29/2025 Tre Mann
RFA / QO
2025-26 Qualifying Offer 		$6,964,981
6/29/2025 Nick Richards
GUARANTEED
2025-26 Guaranteed 		$5,000,000
6/29/2025 Vasilije Micic
CLUB
2025-26 Club Option 		$8,109,150
6/30/2025 Cody Martin
GUARANTEED
2025-26 Guaranteed 		$8,680,000
7/1/2025 Mark Williams
EXTENSION ELIGIBLE
2025-26 Extension Eligible
7/12/2025 Grant Williams
EXTENSION ELIGIBLE
2025-26 Extension Eligible
7/17/2025 Vasilije Micic
EXTENSION ELIGIBLE
2025-26 Extension Eligible
10/23/2025 Josh Green
EXTENSION ELIGIBLE
2025-26 Extension Eligible
10/31/2025 Nick Smith Jr.
CLUB
2026-27 Club Option 		$4,890,067
10/31/2025 Brandon Miller
CLUB
2026-27 Club Option 		$15,104,626
10/31/2025 Tidjane Salaun
CLUB
2026-27 Club Option 		$8,237,880
1/10/2026 DaQuan Jeffries
GUARANTEED
2025-26 Guaranteed 		$2,743,776
6/29/2026 K.J. Simpson
RFA / QO
2026-27 Qualifying Offer — Two-Way 		$2,253,346
6/29/2026 Mark Williams
RFA / QO
2026-27 Qualifying Offer 		$8,774,590
6/29/2026 Vasilije Micic
RFA / QO
2026-27 Qualifying Offer 		$10,947,323
7/1/2026 Nick Smith Jr.
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/1/2026 Brandon Miller
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/6/2026 LaMelo Ball
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/14/2026 Miles Bridges
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/2/2026 DaQuan Jeffries
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/31/2026 Tidjane Salaun
CLUB
2027-28 Club Option 		$10,445,633
12/29/2026 Nick Smith Jr.
RFA / QO
2027-28 Qualifying Offer 		$7,740,977
1/10/2027 DaQuan Jeffries
GUARANTEED
2026-27 Guaranteed 		$3,080,918
6/29/2027 Brandon Miller
RFA / QO
2027-28 Qualifying Offer 		$21,222,000
7/1/2027 Tidjane Salaun
EXTENSION ELIGIBLE
2027-28 Extension Eligible
6/29/2028 Tidjane Salaun
RFA / QO
2028-29 Qualifying Offer 		$14,979,038

Unsigned Draft Picks

Draft Year Player Pos Age Country College
2015 Tyler Harvey SG 31 United States Eastern Washington

Future Draft Picks

2025
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
CHA
If 1-14
SAS
If 15-30 (via NYK to ATL)

2026
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
CHA

2027
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
CHA
DAL
If 1-2
CHA
If 3-30
MIA
If 1-14 or if MIA does not convey 1st to OKC in 2025
CHA
If 1-14 or if MIA does not convey 1st to OKC in 2025

2028
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
CHA
MIA    CHA
If MIA does not convey 1st to OKC in 2025

2029
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
CHA

2030
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
CHA

2031
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
CHA

2025
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
CHA
If 31-55
IND
If 56-59 (via GSW)
CHA
(via MEM to PHX to SAS)

2026
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
CHA    SAS
CHA pick if CHA conveys 1st to SAS by 2025; SAS pick if CHA does not convey 1st to SAS by 2025 (via NYK to ATL)

2027
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
CHA    SAS
CHA pick if CHA conveys 1st to SAS by 2025; SAS pick if CHA does not convey 1st to SAS by 2025 (via NYK to ATL)
CHA
More favorable of NOP and POR to CHA then other to POR (via POR)

2028
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
CHA
More favorable of CHA and LAC then other to DAL (via LAC to CHA)

2029
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
CHA
CHA    OKC
CHA pick if DEN conveys 1st to OKC by 2029; OKC pick if DEN does not convey 1st to OKC by 2029

2030
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
CHA
CHA    OKC
CHA pick if DEN conveys second 1st to OKC by 2030; OKC pick if DEN does not convey second 1st to OKC by 2030

2031
31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
CHA

TRANSACTIONS

Nov 17, 2024
LaMelo Ball, PG

Fined $100,000 for offensive and derogatory comments in postgame interview after MIL-CHA game

Oct 30, 2024
Nick Smith Jr., PG

Charlotte (CHA) exercised $2.71 million option for 2025-26

Oct 30, 2024
Mark Williams, C

Charlotte (CHA) exercised $6.28 million option for 2025-26

Oct 30, 2024
Brandon Miller, SF

Charlotte (CHA) exercised $11.97 million option for 2025-26

Oct 21, 2024
Jared Rhoden, SG

Signed a Two-Way contract with Charlotte (CHA) via converted Two-Way contract

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TRANSACTIONS

Nov 17, 2024
LaMelo Ball, PG

Fined $100,000 for offensive and derogatory comments in postgame interview after MIL-CHA game

Oct 30, 2024
Nick Smith Jr., PG

Charlotte (CHA) exercised $2.71 million option for 2025-26

Oct 30, 2024
Mark Williams, C

Charlotte (CHA) exercised $6.28 million option for 2025-26

Oct 30, 2024
Brandon Miller, SF

Charlotte (CHA) exercised $11.97 million option for 2025-26

Oct 21, 2024
Jared Rhoden, SG

Signed a Two-Way contract with Charlotte (CHA) via converted Two-Way contract

View More Transactions

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