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Charlotte Hornets 2020-21 Salary Cap

An updated look at the Charlotte Hornets 2020-21 salary cap table, including team cap space, dead cap figures, exceptions, & complete breakdowns of player cap hits, salaries, and bonuses.

Hornets – The Athletic

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Trade Kicker
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Player (10) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
BatumNicolas Batum 31 SG Bird $27,130,435 - - ($27,130,435) $27,130,435 23.11
RozierTerry Rozier 26 PG Sign-and-Trade $18,900,000 - - ($18,900,000) $18,900,000 16.10
ZellerCody Zeller 27 C Bird $15,415,730 - - ($15,415,730) $15,415,730 13.13
MonkMalik Monk 22 SG Rookie $5,345,687 - - ($5,345,687) $5,345,687 4.55
WashingtonPJ Washington 22 PF Rookie $4,023,600 - - ($4,023,600) $4,023,600 3.43
BridgesMiles Bridges 22 SF Rookie $3,934,320 - - ($3,934,320) $3,934,320 3.35
GrahamDevonte' Graham 25 PG MLE $1,663,861 - - - $1,663,861 1.42
MartinCody Martin 25 SF MLE $1,517,981 - - ($1,517,981) $1,517,981 1.29
MartinCaleb Martin 25 SF MLE $1,517,981 - - - $1,517,981 1.29
McDanielsJalen McDaniels 22 PG MLE $1,517,981 - - - $1,517,981 1.29


2020-21 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 (6) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
BiyomboBismack Biyombo 28 C         $25,500,000  
HernangomezWilly Hernangomez 26 C         $2,335,875  
BaconDwayne Bacon 25 SF Bird         $2,023,150  
FranksRobert Franks 0 F Restricted Non-Bird         $1,549,812  
SimmonsKobi Simmons 23 PG Restricted Non-Bird         $1,549,812  
SpaldingRay Spalding 23 PF Restricted Non-Bird         $1,549,812  
Incomplete Roster Charge
(2 spots)
          $1,919,466  


2020-21 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
2020 NBA Luxury Tax Threshold $139,000,000
Total Taxable Salaries $80,967,576
Luxury Tax Space $58,032,424


2020-21 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 $80,967,576
Cap Holds $36,427,927
Total Salaries $117,395,503
2020 NBA Salary Cap Max $115,000,000
Actual Cap Max Space $-2,395,503
Cap Type Cap Total
Active Roster Cap $80,967,576
Cap Holds $36,427,927
Total Cap Allocations $117,395,503
2020 NBA Salary Cap Max $115,000,000
Cap Max Space $-2,395,503



Deadlines

Deadline Date Player Type Value
2020-21
07/07/2020 Devonte' Graham Guaranteed $1,663,861
10/31/2020 Miles Bridges 2021-22 Club Option $5,421,493
10/31/2020 PJ Washington 2021-22 Club Option $4,215,120
01/10/2021 Jalen McDaniels Guaranteed $1,517,981
01/10/2021 Caleb Martin Guaranteed $1,517,981
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
01/10/2022 Caleb Martin Guaranteed $1,782,621
01/10/2022 Jalen McDaniels Guaranteed $1,782,621
06/29/2022 Cody Martin 2022-23 Qualifying Offer $2,228,276
06/29/2022 Caleb Martin 2022-23 Qualifying Offer $2,312,196
06/29/2022 Miles Bridges 2022-23 Qualifying Offer $7,459,974
2022-23
01/10/2023 Jalen McDaniels Guaranteed $1,930,681
06/29/2023 PJ Washington 2023-24 Qualifying Offer $7,992,407