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Charlotte Hornets 2017-18 Salary Cap

An updated look at the Charlotte Hornets 2017-18 salary cap table, including team cap space, dead cap figures, exceptions, & complete breakdowns of player cap hits, salaries, and bonuses.

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Player (14) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
HowardDwight Howard 31 C Cap Space $23,500,000 - - ($47,319,725) $23,500,000 20.05
BatumNicolas Batum 28 SG Bird $22,434,783 - - ($22,434,783) $22,434,783 19.14
WilliamsMarvin Williams 31 PF Early Bird $13,168,750 - - ($42,262,500) $13,168,750 11.23
Kidd-GilchristMichael Kidd-Gilchrist 24 SF Bird $13,000,000 - - ($39,000,000) $13,000,000 11.09
ZellerCody Zeller 24 C Bird $12,584,270 - - ($56,000,000) $12,584,270 10.73
WalkerKemba Walker 27 PG Bird $12,000,000 - - ($24,000,000) $12,000,000 10.24
LambJeremy Lamb 25 SG Bird $7,000,000 - - ($14,488,372) $7,000,000 5.97
MonkMalik Monk 19 SG Rookie $2,904,480 - - ($6,351,960) $2,904,480 2.48
KaminskyFrank Kaminsky 24 PF Rookie $2,847,600 - - ($6,475,442) $2,847,600 2.43
Carter-WilliamsMichael Carter-Williams 25 PG MLE $2,700,000 - - ($2,700,000) $2,700,000 2.30
StoneJulyan Stone 28 PG Minimum $1,524,305 - - ($1,524,305) $1,524,305 1.30
HernangomezWilly Hernangomez 23 C Cap Space $1,435,750 - - ($2,932,250) $1,435,750 1.22
GrahamTreveon Graham 23 SG Minimum $1,312,611 - - ($1,312,611) $1,312,611 1.12
BaconDwayne Bacon 22 SG MLE $815,615 - - ($2,193,857) $815,615 0.70


2017-18 Two-Way

Players signed to Two-Way contracts that are currently designated to G-League affiliate. Two-way salaries do not count against a team's Total Cap Allocations.

Player (2) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
MathiangMangok Mathiang 24 C -       -  
PaigeMarcus Paige 24 PG -       -  


2017-18 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Hornets are currently over the league salary cap, these cap holds do not count against their Total Cap figure. Denouncing these cap holds will NOT afford the team any new cap space. These figures are not counted toward a team's Luxury Tax Allocation.

Player (2) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
RobertsBrian Roberts 31 PG         $1,471,382  
WoodChristian Wood 22 PF         $1,471,382  


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.

Non-Taxpayer Mid-Level Exception Details is awarded annually to teams who are above the cap but below the Luxury Tax Apron ($125,266,000) and can be used for contracts up to 4 years in length.

Bi-Annual Exception Details is available to any teams who are below the Luxury Tax Apron ($125,266,000), and did not use this exception in the previous season. It can be used for contracts up to 2 years in length.

Type Amount (Remaining) Reason/Notes Expire Date
Non-Taxpayer Mid-Level Exception $8,406,000
($4,890,385)
Michael Carter-Williams ($2,700,000), Dwayne Bacon ($815,615)
Bi-Annual Exception $3,290,000
($3,290,000)


2017-18 Luxury Tax Totals

Denotes the Hornets current standing in terms of the luxury tax threshold. Teams that spend over the threshold pay fines (estimated below).

Type Totals
2017 NBA Luxury Tax Threshold $119,266,000
Total Taxable Salaries $117,228,164
Luxury Tax Space $2,037,836


2017-18 Charlotte Hornets Salary Cap Totals

The Hornets are currently over the league salary cap. This means Cap Holds & Exceptions are NOT included in their Total Cap Allocations, and renouncing these figures will not afford them any cap space. The team may only sign outside players using any available exceptions or at league minimum salaries.

Cap Type Total
Active Roster Cap $117,228,164
Cap Holds $11,123,149
Total Salaries $117,228,164
2017 NBA Salary Cap Max $99,093,000
Actual Cap Max Space $-18,135,164
Cap Type Cap Total
Active Roster Cap $117,228,164
Cap Holds $11,123,149
Total Cap Allocations $117,228,164
2017 NBA Salary Cap Max $99,093,000
Cap Max Space $-18,135,164



Deadlines

Deadline Date Player Type Value
2020-21
07/07/2020 Devonte' Graham Guaranteed $1,663,861
10/31/2020 PJ Washington 2021-22 Club Option $4,215,120
10/31/2020 Miles Bridges 2021-22 Club Option $5,421,493
06/29/2021 Malik Monk 2021-22 Qualifying Offer $7,318,245
2021-22
10/31/2021 PJ Washington 2022-23 Club Option $5,808,435
06/29/2022 Miles Bridges 2022-23 Qualifying Offer $7,459,974
06/29/2022 Cody Martin 2022-23 Qualifying Offer $2,228,276
2022-23
06/29/2023 PJ Washington 2023-24 Qualifying Offer $7,992,407