New Orleans Pelicans 2025-26 Cap Table

The New Orleans Pelicans 2025-26 salary cap table, including salary cap table, including team cap space, player cap hits, incentives, & bonus info.

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Total Cap Allocations

$226,463,027 / 13th

Cap Space

$-71,816,027 / 18th

1st Apron Space

$34,775,718

2nd Apron Sapce

$46,654,718

2025-26 Active Roster Cap

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (10) Pos Age Type Cap Hit Cap Hit Pct League Cap Base Salary Incentives Likely Incentives Unlikely Trade Bonus Proration Guaranteed
Williamson Zion Williamson PF 25 DRK-EXT $39,446,090 25.51% $39,446,090 - - - -
Murray Dejounte Murray PG 29 VET-EXT $31,557,102 20.41% $26,783,568 $755,999 $1,511,998 - $26,783,600
McCollum C.J. McCollum SG 34 VET-EXT $30,666,666 19.83% $30,666,666 - - - $30,666,666
Murphy III Trey Murphy III SF 25 RK-EXT $25,000,000 16.17% $25,000,000 - - - $25,000,000
Jones Herb Jones SF 27 FA $13,937,574 9.01% $13,937,574 - - - $13,937,574
Hawkins Jordan Hawkins SG 23 RK-1ST $4,741,320 3.07% $4,741,320 - - - $4,741,320
Alvarado Jose Alvarado PG 27 VET-EXT $4,500,000 2.91% $4,500,000 - - - $4,500,000
Missi Yves Missi C 21 RK-1ST $3,353,040 2.17% $3,353,040 - - - $3,353,040
Reeves Antonio Reeves SG 25 RK-2ND $1,955,377 1.26% $1,955,377 - - - -
Matkovic Karlo Matkovic PF 24 RK-2ND $1,955,377 1.26% $1,830,377 - - - $1,830,377

2025-26 Cap Hold Cap

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

Player (13) Pos Age Type Cap Hit Cap Hit Pct League Cap Qualifying Offer        
Ingram Brandon Ingram SF 28 maximum $37,956,952 24.54% - Bird
Hernangomez Willy Hernangomez C 31 FA $4,863,890 3.15% - Bird
Robinson-Earl Jeremiah Robinson-Earl PF 25 ROS $2,303,001 1.49% - Early Bird
Green Javonte Green SG 32 FA $2,296,274 1.48% - Non-Bird
Payton Elfrid Payton PG 31 ROS $2,296,274 1.48% - Non-Bird
Theis Daniel Theis C 33 FA $2,296,274 1.48% - Non-Bird
Snell Tony Snell SG 34 FA $2,296,271 1.48% - Non-Bird
Jemison Trey Jemison PF 26 2W $2,253,346 1.46% $2,253,346 Two-Way
Boston Jr Brandon Boston Jr SG 24 2W $2,048,494 1.32% $2,048,494 Two-Way
Cain Jamal Cain SF 26 2W $2,048,494 1.32% $2,048,494 Two-Way
Clark Gary Clark PF 31 2W $2,048,491 1.32% - Non-Bird
Harper Jared Harper PG 28 2W $2,048,491 1.32% - Two-Way
Nunnally James Nunnally SF 35 2W $2,048,491 1.32% - Two-Way
Incomplete Roster Charge         $2,545,738            

2025 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
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

2025 Cap Totals

Cap Maximum Summary
Cap Maximum $154,647,000
Active Roster $157,112,546 19th
Cap Hold $69,350,481 8th
Total Allocations $226,463,027 13th
Space $-71,816,027 18th
Practical Cap Space Summary
Projected Practical Cap Space
This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries + estimated exercised and declined options + estimated retained cap holds and draft pool cap holds.
$33,844,445 -
Maximum Possible Cap Space
This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries. All other options, cap holds, exceptions are assumed as declined, waived or renounced.
$33,844,445 -
1st Apron Summary
1st Apron Maximum $195,946,000
Total Allocations $161,170,282 -
Space $34,775,718 -
2nd Apron Summary
2nd Apron Maximum $207,825,000
Total Allocations $161,170,282 -
Space $46,654,718 -

2025 Deadlines

Deadline Date Player Type Value
1/7/2025 Zion Williamson
GUARANTEED
2025-26 Guaranteed
$36,725,670
6/29/2025 Trey Jemison
RFA / QO
2025-26 Qualifying Offer — Two-Way
$2,253,346
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
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 Jordan Hawkins
CLUB
2026-27 Club Option
$7,021,895
10/31/2025 Yves Missi
CLUB
2026-27 Club Option
$3,512,760
1/10/2026 Antonio Reeves
GUARANTEED
2025-26 Guaranteed
$1,955,377
6/29/2026 Jose Alvarado
PLAYER
2026-27 Player Option
$4,500,000
6/29/2026 Karlo Matkovic
CLUB
2026-27 Club Option
$2,296,271
6/29/2026 Antonio Reeves
CLUB
2026-27 Club Option
$2,296,271
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 Karlo Matkovic
RFA / QO
2027-28 Qualifying Offer
$3,099,966
6/29/2027 Dejounte Murray
PLAYER
2027-28 Player Option
$30,751,504
6/29/2027 Jordan Hawkins
RFA / QO
2027-28 Qualifying Offer
$10,469,646
6/29/2027 Antonio Reeves
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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