New Orleans Pelicans 2023-24 Cap Table

The New Orleans Pelicans 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

$177,190,588 / 12th

Cap Space

$-41,169,588 / 19th

1st Apron Space

$7,444,315

2nd Apron Sapce

$17,892,315

2023-24 Active Roster Cap

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (17) Pos Age Type Cap Hit Cap Hit Pct League Cap Base Salary Incentives Likely Incentives Unlikely Trade Bonus Proration Guaranteed
McCollum C.J. McCollum SG 32 VET-EXT $35,802,469 26.32% $35,802,469 - - - $35,802,469
Williamson Zion Williamson PF 23 DRK-EXT $34,005,250 25.00% $34,005,250 - - - $34,005,250
Ingram Brandon Ingram SF 26 maximum $33,833,400 24.87% $33,833,400 - - - $33,833,400
Valanciunas Jonas Valanciunas C 31 VET-EXT $15,435,000 11.35% $15,435,000 - - - $15,435,000
Jones Herb Jones SF 25 FA $12,015,150 8.83% $12,015,150 - - - $12,015,150
Nance Jr. Larry Nance Jr. PF 31 VET-EXT $10,375,000 7.63% $10,375,000 - - - $10,375,000
Daniels Dyson Daniels PG 20 RK-1ST $5,784,120 4.25% $5,784,120 - - - $5,784,120
Hawkins Jordan Hawkins SG 21 RK-1ST $4,310,160 3.17% $4,310,160 - - - $4,310,160
Murphy III Trey Murphy III SF 23 RK-1ST $3,359,280 2.47% $3,359,280 - - - $3,359,280
Zeller Cody Zeller C 31 FA $2,019,706 1.48% $3,196,448 - - - $3,196,448
Marshall Naji Marshall SF 26 ROS $1,930,681 1.42% $1,930,681 - - - $1,930,681
Alvarado Jose Alvarado PG 25 ROS $1,836,096 1.35% $1,836,096 - - - $1,836,096
Liddell E.J. Liddell PF 23 FA $1,801,769 1.32% $1,801,769 - - - $1,801,769
Ryan Matt Ryan SF 26 ROS $1,500,000 1.10% $1,500,000 - - - $1,500,000
Robinson-Earl Jeremiah Robinson-Earl PF 23 ROS $648,843 0.48% $648,843 - - - $648,843
Hill Malcolm Hill G 28 2W Two-Way - - - - - -
Seabron Dereon Seabron SG 23 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 (3) Pos Cap Hit Cap Hit Pct League Cap
Hill Malcolm Hill G $116,075 0.09%
Brockington Izaiah Brockington G $64,343 0.05%
Crutcher Jalen Crutcher G $64,343 0.05%

2023-24 Cap Hold Cap

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

Player (5) Pos Age Type Cap Hit Cap Hit Pct League Cap Qualifying Offer        
Hernangomez Willy Hernangomez C 29 FA $4,863,890 3.58% - Bird
Snell Tony Snell SG 32 FA $2,019,706 1.48% - Non-Bird
Clark Gary Clark PF 29 2W $1,801,769 1.32% - Non-Bird
Harper Jared Harper PG 26 2W $1,801,769 1.32% - Two-Way
Nunnally James Nunnally SF 33 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
E.J. Liddell
$1,801,769, Matt Ryan
 End-of-Season $12,405,000 $9,103,231
Bi-Annual
End-of-Season $4,516,000 $4,516,000
Trade
Kira Lewis Jr. trade with IND
 1/17/2025 $5,722,116 $5,722,116
Trade
Jonas Valanciunas trade with WAS
 7/6/2025 $9,900,000 $9,900,000

2023 Cap Totals

Cap Maximum Summary
Cap Maximum $136,021,000
Active Roster $164,656,924 9th
Dead Money $244,761 24th
Cap Hold $12,288,903 6th
Total Allocations $177,190,588 12th
Space $-41,169,588 19th
1st Apron Summary
1st Apron Maximum
This team is currently hard-capped at the first apron.
 $172,346,000
Total Allocations $164,901,685 -
Space $7,444,315 -
2nd Apron Summary
2nd Apron Maximum $182,794,000
Total Allocations $164,901,685 -
Space $17,892,315 -

2023 Deadlines

Deadline Date Player Type Value
1/7/2025 Zion Williamson
GUARANTEED
2025-26 Guaranteed 		$36,725,670
1/10/2025 Jose Alvarado
GUARANTEED
2024-25 Guaranteed — guaranteed 9/28/24 as part of extension 		$1,988,598
1/10/2025 Elfrid Payton
GUARANTEED
2024-25 Guaranteed 		$2,490,458
6/29/2025 Trey Murphy III
RFA / QO
2025-26 Qualifying Offer 		$7,285,716
6/29/2025 Brandon Boston Jr
RFA / QO
2025-26 Qualifying Offer — Two-Way 		$2,048,494
6/29/2025 Trey Jemison
RFA / QO
2025-26 Qualifying Offer — Two-Way 		$2,253,346
7/6/2025 Herb Jones
EXTENSION ELIGIBLE
2025-26 Extension Eligible
7/6/2025 Zion Williamson
EXTENSION ELIGIBLE
2025-26 Extension Eligible
7/15/2025 Zion Williamson
GUARANTEED
2025-26 Guaranteed 		$39,446,090
7/23/2025 Antonio Reeves
GUARANTEED
2025-26 Guaranteed 		$977,689
10/31/2025 Yves Missi
CLUB
2026-27 Club Option 		$3,512,760
10/31/2025 Jordan Hawkins
CLUB
2026-27 Club Option 		$7,021,895
1/10/2026 Antonio Reeves
GUARANTEED
2025-26 Guaranteed 		$1,955,377
6/29/2026 Antonio Reeves
CLUB
2026-27 Club Option 		$2,296,271
6/29/2026 Karlo Matkovic
CLUB
2026-27 Club Option 		$2,296,271
6/29/2026 Jose Alvarado
PLAYER
2026-27 Player Option 		$4,500,000
7/1/2026 Jordan Hawkins
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/9/2026 Dejounte Murray
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/15/2026 Zion Williamson
GUARANTEED
2026-27 Guaranteed 		$42,166,510
7/15/2026 Karlo Matkovic
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/23/2026 Antonio Reeves
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/31/2026 Yves Missi
CLUB
2027-28 Club Option 		$5,595,827
1/10/2027 Antonio Reeves
GUARANTEED
2026-27 Guaranteed 		$2,296,271
6/29/2027 Jordan Hawkins
RFA / QO
2027-28 Qualifying Offer 		$10,469,646
6/29/2027 Dejounte Murray
PLAYER
2027-28 Player Option 		$30,751,504
6/29/2027 Antonio Reeves
RFA / QO
2027-28 Qualifying Offer 		$3,099,966
6/29/2027 Karlo Matkovic
RFA / QO
2027-28 Qualifying Offer 		$3,099,966
7/1/2027 Yves Missi
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/15/2027 Zion Williamson
GUARANTEED
2027-28 Guaranteed 		$44,886,930
10/1/2027 Trey Murphy III
EXTENSION ELIGIBLE
2027-28 Extension Eligible
6/29/2028 Yves Missi
RFA / QO
2028-29 Qualifying Offer 		$8,623,170

Unsigned Draft Picks

Draft Year Player Pos Age Country College
2010 Latavious Williams SF 35 United States

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
BKN
If 5-30 (via NOP to POR to DET to NYK)
NOP

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
MIL    NOP
Or NOP (via NOP swap for MIL)
NOP    MIL
Or swap with MIL

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
NOP    MIL
Most favorable of MIL and NOP then other to ATL

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
NOP

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
NOP

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
NOP

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
NOP

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
(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
SAS
Less favorable of NOP and POR then other to DET ((via NOP to POR to NOP) via POR to DET)

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
NOP
(via WAS)
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
SAS

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
SAS

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
NOP    ORL
Or swap with ORL (via ORL swap for NOP)
ORL    NOP
Or swap with NOP

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
NOP    ORL
Or swap with ORL (via ORL swap for NOP)
ORL    NOP
Or swap with NOP

TRANSACTIONS

Nov 20, 2024
Elfrid Payton, PG

Signed a 1 year $2.49 million Rest-of-Season contract with New Orleans (NOP)

Nov 20, 2024
Jaylen Nowell, SG

Waived by New Orleans (NOP)

Nov 03, 2024
Jaylen Nowell, SG

Signed a Rest-of-Season contract with New Orleans (NOP)

Oct 21, 2024
Brandon Boston Jr, SG

Signed a Two-Way contract with New Orleans (NOP)

Oct 21, 2024
Brandon Boston Jr, SG

Claimed off waivers by New Orleans (NOP)

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TRANSACTIONS

Nov 20, 2024
Elfrid Payton, PG

Signed a 1 year $2.49 million Rest-of-Season contract with New Orleans (NOP)

Nov 20, 2024
Jaylen Nowell, SG

Waived by New Orleans (NOP)

Nov 03, 2024
Jaylen Nowell, SG

Signed a Rest-of-Season contract with New Orleans (NOP)

Oct 21, 2024
Brandon Boston Jr, SG

Signed a Two-Way contract with New Orleans (NOP)

Oct 21, 2024
Brandon Boston Jr, SG

Claimed off waivers by New Orleans (NOP)

View More Transactions

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