Charlotte Hornets 2024-25 Financial Summary

A current summary of Charlotte Hornets 2024-25 player cap & cash figures.

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Total Cap

$161,609,879 / 25th

Cap Space

$-21,021,879 / 6th

Tax Space

$9,204,121

Cash Total

$162,826,131 / 23rd

2024-25 Active Roster

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
  Player (18) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
1
 Ball LaMelo Ball PG 23 $35,147,000 25.00% $35,147,000 $35,147,000 $35,147,000 $35,147,000 2029
2
 Bridges Miles Bridges SF 26 $27,173,913 19.33% $27,173,913 $27,173,913 $27,173,913 $27,173,913 2027
3
 Williams Grant Williams PF 26 $13,025,250 9.26% $13,025,250 $13,025,250 $13,025,250 $13,025,250 2027
4
 Green Josh Green SG 24 $12,654,321 9.00% $12,654,321 $12,654,321 $12,654,321 $12,654,321 2027
5
 Miller Brandon Miller SF 22 $11,424,600 8.13% $11,424,600 $11,424,600 $11,424,600 $11,424,600 2027
6
 Martin Cody Martin SF 29 $8,120,000 5.78% $8,120,000 $8,120,000 $8,120,000 $8,120,000 2026
7
 Micic Vasilije Micic PG 31 $7,723,000 5.49% $7,723,000 $7,723,000 $7,723,000 $7,723,000 2026
8
 Salaun Tidjane Salaun PF 19 $7,488,720 5.33% $7,488,720 $7,488,720 $7,488,720 $7,488,720 2028
9
 Richards Nick Richards C 27 $5,000,000 3.56% $5,000,000 $5,000,000 $5,000,000 $5,000,000 2026
10
 Mann Tre Mann PG 23 $4,908,373 3.49% $4,908,373 $4,908,373 $4,908,373 $4,908,373 2025
11
 Williams Mark Williams C 23 $4,094,280 2.91% $4,094,280 $4,094,280 $4,094,280 $4,094,280 2026
12
 Gibson Taj Gibson C 39 $3,303,771 2.35% $3,303,771 $3,303,771 $3,303,771 $1,082,270 2025
13
 Smith Jr. Nick Smith Jr. PG 20 $2,587,200 1.84% $2,587,200 $2,587,200 $2,587,200 $2,587,200 2027
14
 Jeffries DaQuan Jeffries SG 27 $2,425,404 1.73% $2,425,404 $2,425,404 $2,425,404 $2,425,404 2027
15
 Curry Seth Curry SG 34 $2,087,519 1.48% $2,087,519 $2,087,519 $3,303,771 $3,303,771 2026
16
 Diabate Moussa Diabate PF 23 Two-Way - - - - - 2025
17
 Wong Isaiah Wong PG 24 Two-Way - - - - - 2025
18
 Simpson K.J. Simpson PG 22 Two-Way - - - - - 2026

2024-25 Dead Money

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

  Player (5) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed
1
 Bertans Davis Bertans PF 32 $5,250,000 3.73% $5,250,000 $5,250,000 $5,250,000 -
2
 Graham Devonte' Graham PG 29 $2,850,000 2.03% $2,850,000 $2,850,000 $2,850,000 -
3
 Brown Jr. Charlie Brown Jr. SG 26 $2,237,692 1.59% $2,237,692 $2,237,692 $2,237,692 -
4
 Washington Jr. Duane Washington Jr. PG 24 $2,162,607 1.54% $2,162,607 $2,162,607 $2,162,607 -
5
 Jackson Reggie Jackson PG 34 $1,946,229 1.38% $1,946,229 $1,946,229 $1,946,229 -

2024 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
Room
DaQuan Jeffries
$2,425,404, Charlie Brown Jr.
 End-of-Season $7,983,000 $1,157,297
Trade
P.J. Washington trade with DAL
 2/10/2025 $442,826 $442,826

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $147,163,351 27th
Dead Money $14,446,528 1st
Total Allocations $161,609,879 25th
Space $-21,021,879 6th
1st Apron Summary
1st Apron Maximum $178,132,000
Total Allocations $161,609,879 -
Space $16,522,121 -
2nd Apron Summary
2nd Apron Maximum
This team is currently hard-capped at the second apron.
 $188,931,000
Total Allocations $161,609,879 -
Space $27,321,121 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $161,609,879 22nd
Space $9,204,121 9th
Ext. Luxury Tax Bill $0 -

2024 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 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 Vasilije Micic
CLUB
2025-26 Club Option 		$8,109,150
6/29/2025 Nick Richards
GUARANTEED
2025-26 Guaranteed 		$5,000,000
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 Tidjane Salaun
CLUB
2026-27 Club Option 		$8,237,880
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
1/10/2026 DaQuan Jeffries
GUARANTEED
2025-26 Guaranteed 		$2,743,776
6/29/2026 Isaiah Wong
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
6/29/2026 K.J. Simpson
RFA / QO
2026-27 Qualifying Offer — Two-Way 		$2,253,346
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

2024 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

Dec 05, 2024
Grant Williams, PF

Charlotte (CHA) granted $6.5 million Disabled Player Exception due to season-ending injury

Dec 01, 2024
Isaiah Wong, PG

Signed a 2 year Two-Way contract with Charlotte (CHA)

Nov 30, 2024
Jared Rhoden, SG

Waived by Charlotte (CHA)

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

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TRANSACTIONS

Dec 05, 2024
Grant Williams, PF

Charlotte (CHA) granted $6.5 million Disabled Player Exception due to season-ending injury

Dec 01, 2024
Isaiah Wong, PG

Signed a 2 year Two-Way contract with Charlotte (CHA)

Nov 30, 2024
Jared Rhoden, SG

Waived by Charlotte (CHA)

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

View More Transactions

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  • 4 Jimmy Butler (SF, MIA)
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