New Orleans Pelicans 2024-25 Financial Summary

A current summary of New Orleans Pelicans 2024-25 player cap & cash figures.

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Total Cap

$186,928,931 / 12th

Cap Space

$-46,340,931 / 19th

Tax Space

$-3,576,727

Cash Total

$173,212,516 / 14th

2024-25 Active Roster

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
  Player (19) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
1
 Williamson Zion Williamson PF 24 $36,725,670 26.12% $36,725,670 $36,725,670 $36,725,670 $18,362,835 2028
2
 Ingram Brandon Ingram SF 27 $36,016,200 25.62% $36,016,200 $36,016,200 $36,016,200 $36,016,200 2025
3
 McCollum C.J. McCollum SG 33 $33,333,333 23.71% $33,333,333 $33,333,333 $33,333,333 $33,333,333 2026
4
 Murray Dejounte Murray PG 28 $29,517,134 21.00% $30,917,132 $29,517,134 $24,799,600 $24,799,600 2028
5
 Jones Herb Jones SF 26 $12,976,362 9.23% $12,976,362 $12,976,362 $12,976,362 $12,976,362 2027
6
 Murphy III Trey Murphy III SF 24 $5,159,855 3.67% $5,159,855 $5,159,855 $5,159,855 $5,159,855
7
 Hawkins Jordan Hawkins SG 22 $4,525,680 3.22% $4,525,680 $4,525,680 $4,525,680 $4,525,680 2027
8
 Missi Yves Missi C 20 $3,193,200 2.27% $3,193,200 $3,193,200 $3,193,200 $3,193,200 2028
9
 Robinson-Earl Jeremiah Robinson-Earl PF 24 $2,196,970 1.56% $2,196,970 $2,196,970 $2,196,970 $2,196,970 2025
10
 Theis Daniel Theis C 32 $2,087,519 1.48% $2,087,519 $2,087,519 $2,800,834 $2,800,834 2025
11
 Green Javonte Green SG 31 $2,087,519 1.48% $2,087,519 $2,087,519 $2,425,403 $2,425,403 2025
12
 Alvarado Jose Alvarado PG 26 $1,988,598 1.41% $1,988,598 $1,988,598 $1,988,598 $1,988,598
13
 Payton Elfrid Payton PG 30 $1,739,599 1.24% $1,739,599 $1,739,599 $2,490,458 - 2025
14
 Matkovic Karlo Matkovic PF 23 $1,407,153 1.00% $1,407,153 $1,407,153 $1,282,153 $1,282,153 2027
15
 Reeves Antonio Reeves SG 24 $1,157,153 0.82% $1,157,153 $1,157,153 $1,157,153 $1,157,153 2027
16
 Brockington Izaiah Brockington G 25 - - - - $1,862,265 - 2025
17
 Boston Jr Brandon Boston Jr SG 23 Two-Way - - - - - 2025
18
 Cain Jamal Cain SF 25 Two-Way - - - - - 2025
19
 Jemison Trey Jemison PF 25 Two-Way - - - - - 2025

2024-25 Dead Money

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

  Player (1) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed
1
 Nowell Jaylen Nowell SG 25 $278,782 0.20% $278,782 $278,782 $278,782 -

2024-25 Cap Hold

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

  Player (5) Pos Age Cap Hit Cap Hit Pct League Cap          
1
 Hernangomez Willy Hernangomez C 30 $4,863,890 3.46% Bird
2
 Snell Tony Snell SG 33 $2,087,519 1.48% Non-Bird
3
 Nunnally James Nunnally SF 34 $1,862,265 1.32% Two-Way
4
 Clark Gary Clark PF 30 $1,862,265 1.32% Non-Bird
5
 Harper Jared Harper PG 27 $1,862,265 1.32% Two-Way

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
Non-Taxpayer Mid-Level
End-of-Season $12,822,000 $12,822,000
Bi-Annual
End-of-Season $4,668,000 $4,668,000
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

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $174,111,945 11th
Dead Money $278,782 15th
Cap Hold $12,538,204 7th
Total Allocations $186,928,931 12th
Space $-46,340,931 19th
1st Apron Summary
1st Apron Maximum
This team is currently hard-capped at the first apron.
 $178,132,000
Total Allocations $175,790,725 -
Space $2,341,275 -
2nd Apron Summary
2nd Apron Maximum $188,931,000
Total Allocations $175,790,725 -
Space $13,140,275 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $174,390,727 12th
Space $-3,576,727 19th
Ext. Luxury Tax Bill $5,365,089 -

2024 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

2024 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
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)

View More Transactions

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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)

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