Charlotte Hornets 2023-24 Cap Table

The Charlotte Hornets 2023-24 salary cap table, including salary cap table, including team cap space, player cap hits, incentives, & bonus info.

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Total Cap Allocations

$141,036,011 / 27th

Cap Space

$-5,015,011 / 4th

1st Apron Space

$34,913,527

2nd Apron Sapce

$45,361,527

2023-24 Active Roster Cap

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (18) Pos Age Cap Hit Cap Hit Pct League Cap Base Salary Incentives Likely Incentives Unlikely Trade Bonus Proration
Bertans Davis Bertans PF 31 $17,000,000 12.50% $17,000,000 - - -
Williams Grant Williams PF 25 $12,405,000 9.12% $12,405,000 - - -
Ball LaMelo Ball PG 22 $10,900,635 8.01% $10,900,635 - - -
Miller Brandon Miller SF 21 $10,880,400 8.00% $10,880,400 - - -
Bridges Miles Bridges SF 25 $7,921,300 5.82% $7,921,300 - - -
Micic Vasilije Micic PG 30 $7,723,000 5.68% $7,723,000 - - -
Martin Cody Martin SF 28 $7,560,000 5.56% $7,560,000 - - -
Richards Nick Richards C 26 $5,000,000 3.68% $5,000,000 - - -
Curry Seth Curry SG 33 $4,000,000 2.94% $4,000,000 - - -
Williams Mark Williams C 22 $3,908,160 2.87% $3,908,160 - - -
Mann Tre Mann PG 22 $3,191,400 2.35% $3,191,400 - - -
Smith Jr. Nick Smith Jr. PG 19 $2,463,960 1.81% $2,463,960 - - -
Thor JT Thor PF 21 $1,836,096 1.35% $1,836,096 - - -
McGowens Bryce McGowens SG 21 $1,719,864 1.26% $1,719,864 - - -
Pokusevski Aleksej Pokusevski PF 22 $565,176 0.42% $565,176 - - -
Bailey Amari Bailey PG 19 Two-Way - - - - -
Black Leaky Black SF 24 Two-Way - - - - -
Bolden Marques Bolden C 25 Two-Way - - - - -

2023-24 Dead Cap

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

Player (7) Pos Cap Hit Cap Hit Pct League Cap
Lowry Kyle Lowry PG $28,543,576 20.98%
Bouknight James Bouknight SG $4,570,080 3.36%
Jones Kai Jones PF $3,047,880 2.24%
Smith Ishmael Smith PG $2,019,706 1.48%
Ntilikina Frank Ntilikina PG $2,019,706 1.48%
Bolden Marques Bolden C $116,075 0.09%
Sumner Edmond Sumner SG $40,459 0.03%

2023-24 Cap Hold Cap

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

Player (2) Pos Age Cap Hit Cap Hit Pct League Cap Qualifying Offer
Kulboka Arnoldas Kulboka SF 26 $1,801,769 1.32% - - - Two-Way
Lewis Scottie Lewis SG 23 $1,801,769 1.32% - - - Two-Way
Round 1, Pick #2       $10,880,400          
Round 1, Pick #27       $2,463,960          
Round 2, Pick #34       $2,019,706          
Round 2, Pick #39       $1,119,563          
Round 2, Pick #41       -          

2023 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
11/30/2022 $12,405,000 $12,405,000
Bi-Annual
11/30/2022 $4,516,000 $4,516,000
Trade
Jalen McDaniels trade with PHI
2/9/2024 $1,930,681 $1,930,681
Trade
P.J. Washington trade with DAL
2/10/2025 $442,826 $442,826

2023 Cap Totals

Cap Maximum Summary
Cap Maximum $136,021,000
Active Roster $97,074,991 28th
Dead $40,357,482 3rd
Cap Hold $3,603,538 17th
Total Allocations $141,036,011 27th
Space $-5,015,011 4th
1st Apron Summary
1st Apron Maximum
This team is currently hard-capped at the first apron.
$172,346,000
Total Allocations $137,432,473 -
Space $34,913,527 -
2nd Apron Summary
2nd Apron Maximum $182,794,000
Total Allocations $137,432,473 -
Space $45,361,527 -

2023 Deadlines

Deadline Date Player Type Value
6/27/2024 Seth Curry
GUARANTEED
2024-25 Guaranteed — 1 day after NBA Draft
$4,000,000
6/29/2024 Amari Bailey
RFA / QO
2024-25 Qualifying Offer
$1,867,722
7/8/2024 Aleksej Pokusevski
GUARANTEED
2024-25 Guaranteed
$2,273,252
7/18/2024 Bryce McGowens
GUARANTEED
2024-25 Guaranteed
$2,019,699
10/31/2024 Mark Williams
CLUB
2025-26 Club Option
$6,276,531
10/31/2024 Brandon Miller
CLUB
2025-26 Club Option
$11,968,800
10/31/2024 Nick Smith Jr.
CLUB
2025-26 Club Option
$2,710,680
1/10/2025 Davis Bertans
GUARANTEED
2024-25 Guaranteed
$16,000,000
1/10/2025 JT Thor
CLUB
2024-25 Club Option
$1,988,598
6/29/2025 Marques Bolden
RFA / QO
2025-26 Qualifying Offer — Two-Way
$2,054,495
6/29/2025 Leaky Black
RFA / QO
2025-26 Qualifying Offer — Two-Way
$2,180,149
6/29/2025 Vasilije Micic
CLUB
2025-26 Club Option
$8,109,150
6/29/2025 Nick Richards
GUARANTEED
2025-26 Guaranteed
$5,000,000
6/29/2025 Tre Mann
RFA / QO
2025-26 Qualifying Offer
$6,964,981
6/30/2025 Bryce McGowens
CLUB
2025-26 Club Option
6/30/2025 Cody Martin
GUARANTEED
2025-26 Guaranteed
$8,680,000
7/18/2025 Bryce McGowens
GUARANTEED
2025-26 Guaranteed
$2,187,451
10/31/2025 Nick Smith Jr.
CLUB
2026-27 Club Option
$4,890,067
10/31/2025 Brandon Miller
CLUB
2026-27 Club Option
$15,104,626
6/29/2026 Vasilije Micic
RFA / QO
2026-27 Qualifying Offer
$10,947,323
6/29/2026 Mark Williams
RFA / QO
2026-27 Qualifying Offer
$8,774,590
12/29/2026 Nick Smith Jr.
RFA / QO
2027-28 Qualifying Offer
$7,740,977
6/29/2027 Brandon Miller
RFA / QO
2027-28 Qualifying Offer
$21,222,000

2023 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2015 Tyler Harvey SG 30 United States Eastern Washington

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
CHA
Top-14 Protected (if not already settled with SAS)
SAS
15-30 if not already settled (via NYK to ATL)

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
CHA

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
CHA
DAL
Top-2 Protected
CHA
3-30
MIA
Top-14 Protected (or if MIA does not convey 1st to OKC in 2025)
CHA
15-30 and if MIA conveys 1st to OKC in 2025

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
CHA
MIA    CHA
MIA pick if MIA conveys 1st to CHA in 2027 or CHA pick if MIA does not convey 1st to OKC in 2025

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
CHA

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
CHA

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
55-59 (via GSW)
IND
55-59 (via GSW)
CHA
vai OKC

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
CHA    SAS
CHA pick if CHA conveys 1st to SAS by 2025; SAS pick if CHA does not convey 1st to SAS by 2025 (via NYK to ATL)

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    SAS
CHA pick if CHA conveys 1st to SAS by 2025; SAS pick if CHA does not convey 1st to SAS by 2025 (via NYK to ATL)
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
CHA

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
CHA

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
CHA

TRANSACTIONS

May 09, 2024
Charles Lee

Signed a 4 year contract with Charlotte (CHA)

Mar 28, 2024
LaMelo Ball

Will miss the remainder of the 2023-24 with Charlotte (CHA) due to season-ending ankle injury

Mar 16, 2024
Brandon Miller

Fined $2,000 for ejection from CHA-PHI game

Mar 05, 2024
Jeff Peterson

Signed a contract with Charlotte (CHA) as the President of Basketball Operations

Mar 02, 2024
Marques Bolden

Signed a 2 year Two-Way contract with Charlotte (CHA)

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