Charlotte Hornets 2024-25 Financial Summary

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

SEASON
TEAM
 
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Total Cap

$167,423,486 / 25th

Cap Space

$-26,835,486 / 6th

Projected Cash Payroll

$166,945,453 / 23rd

Cash Total

$166,945,453 / 23rd

2024-25 Active Roster

Non-Guaranteed
  Player (15) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
1
 Ball LaMelo Ball PG 23 $35,147,000 25.00% $35,147,000 $35,147,000 $35,147,000 $35,147,000 2029
2
 Bridges Miles Bridges SF 26 $27,173,913 19.33% $27,173,913 $27,173,913 $27,173,913 $27,173,913 2027
3
 Nurkic Jusuf Nurkic C 30 $18,125,000 12.89% $18,125,000 $17,937,500 $6,875,000 $18,125,000 2026
4
 Williams Grant Williams PF 26 $13,025,250 9.26% $13,025,250 $13,025,250 $13,025,250 $13,025,250 2027
5
 Green Josh Green SG 24 $12,654,321 9.00% $12,654,321 $12,654,321 $12,654,321 $12,654,321 2027
6
 Miller Brandon Miller SF 22 $11,424,600 8.13% $11,424,600 $11,424,600 $11,424,600 $11,424,600 2027
7
 Okogie Josh Okogie SG 26 $8,250,000 5.87% $8,250,000 $8,250,000 $4,172,414 $8,250,000 2026
8
 Salaun Tidjane Salaun PF 19 $7,488,720 5.33% $7,488,720 $7,488,720 $7,488,720 $7,488,720 2028
9
 Mann Tre Mann PG 23 $4,908,373 3.49% $4,908,373 $4,908,373 $4,908,373 $4,908,373 2028
10
 Williams Mark Williams C 23 $4,094,280 2.91% $4,094,280 $4,094,280 $4,094,280 $4,094,280 2026
11
 Smith Jr. Nick Smith Jr. PG 20 $2,587,200 1.84% $2,587,200 $2,587,200 $2,587,200 $2,587,200 2026
12
 Jeffries DaQuan Jeffries SG 27 $2,425,404 1.73% $2,425,404 $2,425,404 $2,425,404 $2,425,404 2027
13
 Gibson Taj Gibson C 39 $2,087,519 1.48% $2,087,519 $2,087,519 $3,303,771 $3,303,771 2027
14
 Curry Seth Curry SG 34 $2,087,519 1.48% $2,087,519 $2,087,519 $3,303,771 $3,303,771 2026
15
 Diabate Moussa Diabate PF 23 $957,763 0.68% $957,763 $957,763 $957,763 $957,763 2027

2024-25 Dead Money

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

  Player (11) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed
1
 Bertans Davis Bertans PF 32 $5,250,000 3.73% $5,250,000 $5,250,000 $5,250,000 -
2
 Graham Devonte' Graham PG 29 $2,850,000 2.03% $2,850,000 $2,850,000 $2,850,000 -
3
 Brown Jr. Charlie Brown Jr. SG 26 $2,237,692 1.59% $2,237,692 $2,237,692 $2,237,692 -
4
 Washington Jr. Duane Washington Jr. PG 24 $2,162,607 1.54% $2,162,607 $2,162,607 $2,162,607 -
5
 Jackson Reggie Jackson PG 34 $1,946,229 1.38% $1,946,229 $1,946,229 $1,946,229 -
6
 Payton Elfrid Payton PG 30 $119,972 0.09% $119,972 $119,972 $171,756 $171,756
7
 Payton Elfrid Payton PG 30 $119,972 0.09% $119,972 $119,972 $171,756 $171,756
8
 Flynn Malachi Flynn PG 26 $119,972 0.09% $119,972 $119,972 $128,603 $128,603
9
 Garrett Marcus Garrett PG 26 $107,027 0.08% $107,027 $119,972 $107,027 $107,027
10
 Sims Jaylen Sims G 26 $66,503 0.05% $66,503 $119,972 $66,503 $66,503
11
 Sims Jaylen Sims G 26 $6,650 0.00% $6,650 $11,997 $6,650 $6,650

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
DaQuan Jeffries
$2,425,404, Charlie Brown Jr.
 End-of-Season $7,983,000 $199,534
Trade
Mason Plumlee trade with OKC
 2/4/2027 $2,296,274 $2,296,274
Trade
Collin Sexton trade with CHI
 2/4/2027 $8,200,962 $8,200,962
Trade
Tyus Jones trade with DAL
 2/5/2027 $7,000,000 $7,000,000

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $152,436,862 27th
Dead Money $14,986,624 3rd
Total Allocations $167,423,486 25th
Space $-26,835,486 6th
1st Apron Summary
1st Apron Maximum
This team is currently hard-capped at the first apron.
 $178,132,000
Total Allocations $167,423,486 -
Space $10,708,514 -
2nd Apron Summary
2nd Apron Maximum $188,931,000
Total Allocations $167,423,486 -
Space $21,507,514 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $167,307,747 21st
Space $3,506,253 10th
Ext. Luxury Tax Bill $0 -

2024 Deadlines

Deadline Date Player Type Value
6/29/2026 Pat Connaughton
CLUB
2026-27 Club Option — non-guaranteed
6/29/2026 Antonio Reeves
RFA / QO
2026-27 Qualifying Offer — Two-Way 		$2,191,885
7/1/2026 Brandon Miller
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/6/2026 LaMelo Ball
EXTENSION ELIGIBLE
2026-27 Extension Eligible
7/14/2026 Miles Bridges
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/19/2026 Moussa Diabate
GUARANTEED
2026-27 Guaranteed — Opening Night - TBD 		$250,000
10/31/2026 Kon Knueppel
CLUB
2027-28 Club Option 		$11,017,560
10/31/2026 Liam McNeeley
CLUB
2027-28 Club Option 		$3,040,320
10/31/2026 Tidjane Salaun
CLUB
2027-28 Club Option 		$10,445,633
1/10/2027 Pat Connaughton
GUARANTEED
2026-27 Guaranteed 		$3,815,861
1/10/2027 Moussa Diabate
GUARANTEED
2026-27 Guaranteed 		$2,461,462
6/29/2027 Brandon Miller
RFA / QO
2027-28 Qualifying Offer 		$21,222,000
6/29/2027 Tosan Evbuomwan
RFA / QO
2027-28 Qualifying Offer
6/29/2027 P.J. Hall
RFA / QO
2027-28 Qualifying Offer — Two-Way
6/29/2027 Ryan Kalkbrenner
GUARANTEED
2027-28 Guaranteed 		$2,525,901
6/29/2027 Tre Mann
CLUB
2027-28 Club Option 		$8,000,000
7/1/2027 Tidjane Salaun
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/3/2027 Ryan Kalkbrenner
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/3/2027 Sion James
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/15/2027 Sion James
GUARANTEED
2027-28 Guaranteed 		$2,525,901
10/31/2027 Liam McNeeley
CLUB
2028-29 Club Option 		$5,487,778
10/31/2027 Kon Knueppel
CLUB
2028-29 Club Option 		$13,937,214
6/29/2028 Tidjane Salaun
RFA / QO
2028-29 Qualifying Offer 		$14,979,038
6/29/2028 Sion James
CLUB
2028-29 Club Option — non-guaranteed
7/1/2028 Liam McNeeley
EXTENSION ELIGIBLE
2028-29 Extension Eligible
7/1/2028 Kon Knueppel
EXTENSION ELIGIBLE
2028-29 Extension Eligible
1/10/2029 Ryan Kalkbrenner
GUARANTEED
2025-26 Guaranteed 		$2,735,698
1/10/2029 Sion James
GUARANTEED
2028-29 Guaranteed 		$2,735,698
6/29/2029 Kon Knueppel
RFA / QO
2029-30 Qualifying Offer 		$19,776,907
6/29/2029 Liam McNeeley
RFA / QO
2029-30 Qualifying Offer 		$8,780,444
6/29/2029 Ryan Kalkbrenner
CLUB
2028-29 Club Option — non-guaranteed

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2015 Tyler Harvey SG 32 United States Eastern Washington

Future Draft Picks

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
CHA
Two middle picks of MEM, ORL, PHX and WAS 1-8 (via MEM swap for PHX and ORL) then others to CHA and WAS

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
CHA
If 15-30

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 conveys 1st to CHA in 2027 or 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
CHA
Least favorable of CLE, MIN 6-30 and UTA to PHX then others to UTA (via UTA to PHX)

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

2032
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

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
DET
If 56-60 (via NYK to ATL to SAN to SAC)
CHA
More favorable of DEN and GSW then other to PHX (via DEN to PHX; via GOS to ATL to OKC to NYK)

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
Less favorable of BOS and ORL then other to UTA (via BOS to ORL to BOS to ORL)
OKC    SAC
OKC If SAS is 1-16, SAC If SAS is 17-30
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 DET (via LAC to CHA to DAL)
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
More favorable of ATL and MIA the other to OKC (via OKC)
CHA
CHA
If DEN conveys 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
BOS
If 56-60
CHA
More favorable of LAC and UTA (via UTA)

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
CHA
CHA

2032
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

TRANSACTIONS

Feb 11, 2026
Moussa Diabate, PF

Suspended 4 games for fighting and escalating the altercation during DET-CHA game; forfeits $62,641

Feb 11, 2026
Miles Bridges, SF

Suspended 4 games for fighting and escalating the altercation during DET-CHA game; forfeit $689,655

Feb 09, 2026
Pat Connaughton, SG

Signed a 2 year Rest-of-Season contract with Charlotte (CHA) - includes 2026-27 Club Option

Feb 09, 2026
Malaki Branham, SG

Waived by Charlotte (CHA)

Feb 06, 2026
Tosan Evbuomwan, SG

Signed a Two-Way contract with Charlotte (CHA)

View More Transactions

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