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Charlotte Hornets 2022-23 Salary Cap

An updated look at the Charlotte Hornets 2022-23 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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Player (2) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
WashingtonPJ Washington 24 PF Rookie $5,808,435 - - - $5,808,435 10.48
McDanielsJalen McDaniels 24 PG MLE $1,930,681 - - - $1,930,681 3.48


2022-23 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Hornets are currently under the cap, all of these figures are included in their Total Cap Figure.

Player (4) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
RozierTerry Rozier 28 PG Bird         $26,857,895  
BridgesMiles Bridges 24 SF Restricted Bird         $16,264,479  
MartinCaleb Martin 27 SF Restricted Bird         $2,312,196  
MartinCody Martin 27 SF Restricted Bird         $2,228,276  
Incomplete Roster Charge
(10 spots)
          $0  


2022-23 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
2022 NBA Luxury Tax Threshold $0
Total Taxable Salaries $7,739,116
Luxury Tax Space $-7,739,116
Est. Luxury Tax Bill $12,293,455


2022-23 Charlotte Hornets Salary Cap Totals

The Hornets are currently under the league salary cap, meaning all Cap Holds & Exceptions are included in their Total Cap Allocations. The Cap Max Space figure below represents how much salary cap remains after all allocations are included.

Cap Type Total
Active Roster Cap $7,739,116
Cap Holds $47,662,846
Total Salaries $55,401,962
2022 NBA Salary Cap Max $132,500,000
Actual Cap Max Space $77,098,038
Cap Type Cap Total
Active Roster Cap $7,739,116
Cap Holds $47,662,846
Total Cap Allocations $55,401,962
2022 NBA Salary Cap Max $132,500,000
Cap Max Space $77,098,038



Deadlines

Deadline Date Player Type Value
2022-23
01/10/2023 Jalen McDaniels Guaranteed $1,930,681
06/29/2023 PJ Washington 2023-24 Qualifying Offer $7,992,407