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

$203,298,588 / 19th

Cap Space

$-48,198,588 / 12th

1st Apron Space

$55,301,320

2nd Apron Sapce

$67,215,320

2025-26 Active Roster Cap

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (6) Pos Age Cap Hit Cap Hit Pct League Cap Base Salary Incentives Likely Incentives Unlikely Trade Bonus Proration
Williamson Zion Williamson PF 25 $39,446,090 25.43% $39,446,090 - - -
Murray Dejounte Murray PG 29 $31,305,137 20.18% $26,783,600 $504,000 $1,763,967 -
McCollum C.J. McCollum SG 34 $30,666,666 19.77% $30,666,666 - - -
Jones Herb Jones SF 27 $13,937,574 8.99% $13,937,574 - - -
Hawkins Jordan Hawkins SG 23 $4,741,320 3.06% $4,741,320 - - -
Ryan Matt Ryan SF 28 $2,381,501 1.54% $2,381,501 - - -

2025-26 Cap Hold Cap

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

Player (10) Pos Age Cap Hit Cap Hit Pct League Cap Qualifying Offer
Ingram Brandon Ingram SF 28 $37,956,952 24.47% - - - Bird
Murphy III Trey Murphy III SF 25 $15,479,565 9.98% $7,285,716 - -
Hernangomez Willy Hernangomez C 31 $4,863,890 3.14% - - - Bird
Robinson-Earl Jeremiah Robinson-Earl PF 25 $2,303,001 1.48% - - - Early Bird
Snell Tony Snell SG 34 $2,296,271 1.48% - - - Non-Bird
Alvarado Jose Alvarado PG 27 $2,083,439 1.34% - - - Bird
Hill Malcolm Hill G 30 $2,054,495 1.32% $2,054,495 - - Two-Way
Clark Gary Clark PF 31 $2,048,491 1.32% - - - Non-Bird
Harper Jared Harper PG 28 $2,048,491 1.32% - - - Two-Way
Nunnally James Nunnally SF 35 $2,048,491 1.32% - - - Two-Way
Incomplete Roster Charge       $7,637,214          

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

2025 Cap Totals

Cap Maximum Summary
Cap Maximum $155,100,000
Active Roster $122,478,288 26th
Cap Hold $80,820,300 8th
Total Allocations $203,298,588 19th
Space $-48,198,588 12th
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.
$67,734,802 -
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.
$67,734,802 -
1st Apron Summary
1st Apron Maximum $196,521,000
Total Allocations $141,219,680 -
Space $55,301,320 -
2nd Apron Summary
2nd Apron Maximum $208,435,000
Total Allocations $141,219,680 -
Space $67,215,320 -

2025 Deadlines

Deadline Date Player Type Value
10/31/2024 Jordan Hawkins
CLUB
2025-26 Club Option
$4,741,320
1/7/2025 Zion Williamson
GUARANTEED
2025-26 Guaranteed
$36,725,670
6/29/2025 Trey Murphy III
RFA / QO
2025-26 Qualifying Offer
$7,285,716
6/29/2025 Malcolm Hill
RFA / QO
2025-26 Qualifying Offer — Two-Way
$2,054,495
6/29/2025 Matt Ryan
CLUB
2025-26 Club Option
7/15/2025 Zion Williamson
GUARANTEED
2025-26 Guaranteed
$39,446,090
10/21/2025 Matt Ryan
GUARANTEED
2025-26 Guaranteed — Opening Night - TBD
$2,381,501
10/31/2025 Jordan Hawkins
CLUB
2026-27 Club Option
$7,021,895
7/15/2026 Zion Williamson
GUARANTEED
2026-27 Guaranteed
$42,166,510
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
7/15/2027 Zion Williamson
GUARANTEED
2027-28 Guaranteed
$44,886,930

Unsigned Draft Picks

Draft Year Player Pos Age Country College
2022 Karlo Matkovic PF 23 Bosnia and Herzegovina
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
NOP
NYK
5-30 (via NOP to POR to DET)
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
NOP right to swap with MIL
NOP    MIL
NOP right to 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
NOP

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

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
SAS
via MEM to PHX

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
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

TRANSACTIONS

Jul 06, 2024
Dejounte Murray, PG

Traded to New Orleans (NOP) from Atlanta (ATL) for Larry Nance Jr., 2025 1st round pick [LAL pick] , 2027 1st round pick [least favorable of MIL/NOP pick, Top-4 protected] , Dyson Daniels, E.J. Liddell and Cody Zeller

Jun 28, 2024
Jeremiah Robinson-Earl, PF

New Orleans (NOP) exercised $2.20 million Club Option for 2024-25

Jun 28, 2024
Jose Alvarado, PG

New Orleans (NOP) exercised $1.99 million Club Option for 2024-25

Jun 27, 2024
Antonio Reeves, SG

Traded to New Orleans (NOP) from Orlando (ORL) for 2030 2nd round pick and 2031 2nd round pick

Jun 26, 2024
Yves Missi, C

Drafted by New Orleans (NOP): Round 1 (#21 overall)

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