Charlotte Hornets 2024-25 Financial Summary

A current summary of Charlotte Hornets 2024-25 player cap & cash figures.

Filtering & Sorting...
Total Cap

$154,784,176 / 26th

Cap Space

$-14,196,176 / 5th

Tax Space

$16,029,824

Cash Total

$156,000,428 / 26th

2024-25 Active Roster

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (16) Pos Age Type Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
Ball
1
LaMelo Ball
PG 23 DRK-EXT $35,147,000 25.00% $35,147,000 $35,147,000 $35,147,000 $35,147,000 2029
Bridges
2
Miles Bridges
SF 26 FA $27,173,913 19.33% $27,173,913 $27,173,913 $27,173,913 $27,173,913 2027
Williams
3
Grant Williams
PF 26 S&T $13,025,250 9.26% $13,025,250 $13,025,250 $13,025,250 $13,025,250 2027
Green
4
Josh Green
SG 24 RK-EXT $12,654,321 9.00% $12,654,321 $12,654,321 $12,654,321 $12,654,321 2027
Miller
5
Brandon Miller
SF 22 RK $11,424,600 8.13% $11,424,600 $11,424,600 $11,424,600 $11,424,600 2027
Martin
6
Cody Martin
SF 29 FA $8,120,000 5.78% $8,120,000 $8,120,000 $8,120,000 $8,120,000 2026
Micic
7
Vasilije Micic
PG 31 FA $7,723,000 5.49% $7,723,000 $7,723,000 $7,723,000 $7,723,000 2026
Salaun
8
Tidjane Salaun
PF 19 RK $7,488,720 5.33% $7,488,720 $7,488,720 $7,488,720 $7,488,720 2028
Richards
9
Nick Richards
C 27 VET-EXT $5,000,000 3.56% $5,000,000 $5,000,000 $5,000,000 $5,000,000 2026
Mann
10
Tre Mann
PG 23 RK $4,908,373 3.49% $4,908,373 $4,908,373 $4,908,373 $4,908,373 2025
Williams
11
Mark Williams
C 23 RK $4,094,280 2.91% $4,094,280 $4,094,280 $4,094,280 $4,094,280 2026
Gibson
12
Taj Gibson
C 39 FA $3,303,771 2.35% $3,303,771 $3,303,771 $3,303,771 $1,082,270 2025
Smith Jr.
13
Nick Smith Jr.
PG 20 RK $2,587,200 1.84% $2,587,200 $2,587,200 $2,587,200 $2,587,200 2027
Curry
14
Seth Curry
SG 34 FA $2,087,519 1.48% $2,087,519 $2,087,519 $3,303,771 $3,303,771 2026
Black
15
Leaky Black
SF 25 TW - - - - - - 2025
Simpson
16
K.J. Simpson
PG 22 TW - - - - - - 2026

2024-25 Dead

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

Player (3) Pos Age Type Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed  
Bertans
1
Davis Bertans
PF 32 Dead-include $5,250,000 3.73% $5,250,000 $5,250,000 $5,250,000 -
Graham
2
Devonte' Graham
PG 29 Dead-include $2,850,000 2.03% $2,850,000 $2,850,000 $2,850,000 -
Jackson
3
Reggie Jackson
PG 34 BUYOUT $1,946,229 1.38% $1,946,229 $1,946,229 $1,946,229 -

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
Room
End-of-Season $7,983,000 $7,983,000
Trade
P.J. Washington trade with DAL
2/10/2025 $442,826 $442,826

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $144,737,947 28th
Dead $10,046,229 1st
Total Allocations $154,784,176 26th
Space $-14,196,176 5th
Practical Cap Space Summary
Projected Practical Cap Space
This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries + estimated exercised and declined options + estimated retained cap holds and draft pool cap holds.
$-11,974,675 -
Maximum Possible Cap Space
This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries. All other options, cap holds, exceptions are assumed as declined, waived or renounced.
$-1,928,446 -
1st Apron Summary
1st Apron Maximum $178,132,000
Total Allocations $154,784,176 -
Space $23,347,824 -
2nd Apron Summary
2nd Apron Maximum
This team is currently hard-capped at the second apron.
$188,931,000
Total Allocations $154,784,176 -
Space $34,146,824 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $154,784,176 26th
Space $16,029,824 5th
Ext. Luxury Tax Bill $0 -

2024 Deadlines

Deadline Date Player Type Value
10/31/2024 Nick Smith Jr.
CLUB
2025-26 Club Option
$2,710,680
10/31/2024 Brandon Miller
CLUB
2025-26 Club Option
$11,968,800
10/31/2024 Mark Williams
CLUB
2025-26 Club Option
$6,276,531
1/10/2025 Taj Gibson
GUARANTEED
2024-25 Guaranteed
$3,303,771
6/29/2025 Leaky Black
RFA / QO
2025-26 Qualifying Offer — Two-Way
$2,180,149
6/29/2025 Nick Richards
GUARANTEED
2025-26 Guaranteed
$5,000,000
6/29/2025 Vasilije Micic
CLUB
2025-26 Club Option
$8,109,150
6/29/2025 Tre Mann
RFA / QO
2025-26 Qualifying Offer
$6,964,981
6/30/2025 Cody Martin
GUARANTEED
2025-26 Guaranteed
$8,680,000
10/31/2025 Brandon Miller
CLUB
2026-27 Club Option
$15,104,626
10/31/2025 Nick Smith Jr.
CLUB
2026-27 Club Option
$4,890,067
10/31/2025 Tidjane Salaun
CLUB
2026-27 Club Option
$8,237,880
6/29/2026 Vasilije Micic
RFA / QO
2026-27 Qualifying Offer
$10,947,323
6/29/2026 K.J. Simpson
RFA / QO
2026-27 Qualifying Offer — Two-Way
$2,253,346
6/29/2026 Mark Williams
RFA / QO
2026-27 Qualifying Offer
$8,774,590
10/31/2026 Tidjane Salaun
CLUB
2027-28 Club Option
$10,445,633
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
6/29/2028 Tidjane Salaun
RFA / QO
2028-29 Qualifying Offer
$14,979,038

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2015 Tyler Harvey SG 31 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
If 1-14
SAS
If 15-30 (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
If 1-2
CHA
If 3-30
MIA
If 1-14 or if MIA does not convey 1st to OKC in 2025
CHA
If 1-14 or if MIA does not convey 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
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

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
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
If 31-55
IND
If 56-59 (via GSW)
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
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
More favorable of CHA and LAC then other to DAL (via LAC to 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
CHA    OKC
CHA pick if DEN conveys 1st to OKC by 2029; OKC pick if DEN does not convey 1st to OKC by 2029

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
CHA    OKC
CHA pick if DEN conveys second 1st to OKC by 2030; OKC pick if DEN does not convey second 1st to OKC by 2030

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
CHA

TRANSACTIONS

Jul 15, 2024
Seth Curry, SG

Signed a 1 year $3.3 million contract with Charlotte (CHA)

Jul 14, 2024
Miles Bridges, SF

Signed a 3 year $75 million contract with Charlotte (CHA)

Jul 13, 2024
Taj Gibson, C

Signed a 1 year $3.3 million contract with Charlotte (CHA)

Jul 07, 2024
K.J. Simpson, PG

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

Jul 06, 2024
Devonte' Graham, PG

Traded to Charlotte (CHA) from San Antonio (SAS) for 2025 2nd round pick [NOP pick]

Top