Charlotte Hornets

Charlotte Hornets 2023 Salary Cap

Hornets 2023 Salary Cap

   
%: Pct of League Cap
Club Option
Estimate

Active Roster

Players (21) Pos. Age 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30
Hayward Gordon Hayward
4 yr, $120,000,000 (AAV: $30.00M)
Free agent / Sign-and-Trade
SF 33
Ext. Eligible
0$31,500,000
23.2%
 		0UFA
$47.25M
Bird
 		         
Rozier Terry Rozier
4 yr, $96,258,694 (AAV: $24.06M)
Extension / Veteran
PG 29 0$23,205,221
17.1%
 		0$24,924,126
17.6%
 		0$26,643,031
$24.9M GTD
17.1%
 		0UFA
$39.96M
Bird
 		     
Washington PJ Washington
3 yr, $46,500,000 (AAV: $15.50M)
Free Agent
PF 25 0$16,847,826
12.4%
 		0$15,500,000
10.9%
 		0$14,152,174
9.1%
 		0UFA
$21.23M
Bird
 		     
Ball LaMelo Ball
4 yr, $35,596,275 (AAV: $8.90M)
1st-Round / Rookie Scale
PG 22
Ext. Eligible
0$10,900,635
CLUB
8.0%
 		0$35,500,000
ESTIMATE
25.0%
 		0$38,340,000
ESTIMATE
24.5%
 		0$41,180,000
ESTIMATE
24.0%
 		0$44,020,000
ESTIMATE
23.3%
 		0$46,860,000
ESTIMATE
22.5%
 		0UFA
$62.37M
Bird
Miller Brandon Miller
4 yr, $49,378,426 (AAV: $12.34M)
1st-Round / Rookie Scale
SF 21 0$10,880,400
8.0%
 		0$11,424,600
8.0%
 		0$11,968,800
CLUB
7.7%
Ext. Eligible
0$15,104,626
CLUB
8.8%
 		0RFA
$37.76M
 		   
Bridges Miles Bridges
1 yr, $7,921,300 (AAV: $7.92M)
Free Agent
SF 25 0$7,921,300
5.8%
 		0UFA
$15.05M
Bird
 		         
Martin Cody Martin
4 yr, $31,360,000 (AAV: $7.84M)
Free Agent
SF 28 0$7,560,000
5.6%
 		0$8,120,000
5.7%
 		0$8,680,000
$0M GTD
5.6%
 		0UFA
$16.49M
Bird
 		     
Richards Nick Richards
3 yr, $15,000,000 (AAV: $5.00M)
Extension / Veteran
C 26 0$5,000,000
3.7%
 		0$5,000,000
3.5%
 		0$5,000,000
$0M GTD
3.2%
 		0UFA
$9.50M
Bird
 		     
Bouknight James Bouknight
4 yr, $19,151,217 (AAV: $4.79M)
1st-Round / Rookie Scale
SG 23 0$4,570,080
CLUB
3.4%
Ext. Eligible
0$6,064,497
CLUB
4.3%
 		0RFA
$18.19M
Bird
 		       
Williams Mark Williams
4 yr, $18,001,011 (AAV: $4.50M)
1st-Round / Rookie Scale
C 22 0$3,908,160
2.9%
 		0$4,094,280
CLUB
2.9%
Ext. Eligible
0$6,276,531
CLUB
4.0%
 		0RFA
$18.83M
Bird
 		     
Jones Kai Jones
4 yr, $13,421,215 (AAV: $3.36M)
1st-Round / Rookie Scale
PF 0 0$3,047,880
CLUB
2.2%
Ext. Eligible
0$4,693,735
CLUB
3.3%
 		0RFA
$14.08M
Bird
 		       
Smith Jr. Nick Smith Jr.
4 yr, $12,651,907 (AAV: $3.16M)
1st-Round / Rookie Scale
PG 19 0$2,463,960
1.8%
 		0$2,587,200
1.8%
 		0$2,710,680
CLUB
1.7%
 		0$4,890,067
CLUB
2.8%
 		0RFA
$14.67M
Bird
 		   
Ntilikina Frank Ntilikina
1 yr, $2,528,233 (AAV: $2.53M)
Free Agent
PG 25 0$2,019,706
$2k GTD
1.5%
 		0UFA
$2.22M
Non-Bird
 		         
Thor JT Thor
4 yr, $6,638,212 (AAV: $1.66M)
2nd-Round
PF 21
Ext. Eligible
0$1,836,096
$0M GTD
1.4%
 		0$1,988,598
CLUB
1.4%
 		0UFA
$3.78M
Bird
 		       
Scott Trevon Scott
1 yr, $1,801,769 (AAV: $1.80M)
exhibit-10
SF 27 0$1,801,769
$0M GTD
1.3%
 		0RFA
$2.18M
Non-Bird
 		         
McGowens Bryce McGowens
4 yr, $7,002,014 (AAV: $1.75M)
Rest-of-Season
SG 21 0$1,719,864
1.3%
 		0$2,019,699
$0M GTD
1.4%
 		0$2,187,451
$0M GTD
1.4%
 		0RFA
$0.00M
Bird
 		     
Allegri Angelo Allegri
1 yr, $1,119,563 (AAV: $1.12M)
exhibit-10
F 24 0$1,119,563
$0M GTD
0.8%
 		0RFA
$2.18M
Non-Bird
 		         
Mensah Nathan Mensah
1 yr, $1,119,563 (AAV: $1.12M)
exhibit-10
F 25 0$1,119,563
$0M GTD
0.8%
 		0RFA
$2.18M
Non-Bird
 		         
Sims Jaylen Sims
1 yr, $1,119,563 (AAV: $1.12M)
exhibit-10
G 25 0$1,119,563
$0M GTD
0.8%
 		0RFA
$2.18M
Non-Bird
 		         
Bailey Amari Bailey
1 yr
Two-Way
PG 19 0Two-Way
 
 
 		0RFA
$1.98M
Two-Way
 		         
Black Leaky Black
2 yr
Two-Way
SF 24 0Two-Way
 
 
 		0Two-Way
 
 
 		0RFA
$2.18M
Two-Way
 		       
   

Cap Holds

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

Players (5) Pos. Age 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30
Oubre Jr. Kelly Oubre Jr. SF 28 0UFA
$16.38M
Early Bird
 		           
Thomas Isaiah Thomas PG 34 0UFA
$2.02M
Non-Bird
 		0UFA
$2.22M
Non-Bird
 		0UFA
$2.44M
Non-Bird
 		0UFA
$2.69M
Non-Bird
 		0UFA
$2.96M
Non-Bird
 		0UFA
$3.25M
Non-Bird
 		 
Maledon Theo Maledon PG 22 0RFA
$1.80M
Two-Way
 		           
Kulboka Arnoldas Kulboka SF 26 0UFA
$1.80M
Two-Way
 		0UFA
$1.98M
Two-Way
 		0UFA
$2.18M
Two-Way
 		0UFA
$2.40M
Two-Way
 		0UFA
$2.64M
Two-Way
 		0UFA
$2.90M
Two-Way
 		 
Lewis Scottie Lewis SG 23 0UFA
$1.80M
Two-Way
 		0UFA
$1.98M
Two-Way
 		0UFA
$2.18M
Two-Way
 		0UFA
$2.40M
Two-Way
 		0UFA
$2.64M
Two-Way
 		0UFA
$2.90M
Two-Way
 		 

Summary

2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30
Cap Summary
Cap Maximum $136,021,000 $142,000,000 $156,200,000 $171,820,000 $189,002,000 $207,902,000 $0
Active Roster Cap $138,541,586 $130,644,547 $115,958,667 $61,174,693 $44,020,000 $46,860,000 -
Dead/Retained Cap - - - - - - -
Cap Holds $37,147,333 $72,689,699 $45,037,333 $113,498,968 $60,664,789 $9,056,325 $62,370,600
Total Cap Allocations $175,688,919 $203,334,246 $160,996,000 $174,673,661 $104,684,789 $55,916,325 $62,370,600
Cap Space $-39,667,919 $-61,334,246 $-4,796,000 $-2,853,661 $84,317,211 $151,985,675 $-62,370,600
Hard-Cap Space Not Hard-Capped
Super-Tax Space
Tax Summary
Tax Threshold $165,294,000 $172,000,000 $189,200,000 $208,120,000 $228,932,000 $251,825,000 $0
Taxable Salaries $141,459,952 $130,644,547 $115,958,667 $61,174,693 $44,020,000 $46,860,000 $0
Tax Space $23,834,048 $41,355,453 $73,241,333 $146,945,307 $184,912,000 $204,965,000 $0
Tax Bill (Estimated) - - - - - - -


Exceptions

Exceptions are essentially "grants" offering teams an additional way to sign players.

Type Reason (Used On) Original Available
Non-Taxpayer Mid-Level
$12,405,000 $12,405,000
Bi-Annual
$4,516,000 $4,516,000
Trade
2/09/2024
Jalen McDaniels trade with PHI
 $1,930,681 $1,930,681




Deadlines

Deadline Date Player Type Value
10/31/2023 James Bouknight 2024-25 Club Option $6,064,497
10/31/2023 Kai Jones 2024-25 Club Option $4,693,735
10/31/2023 Mark Williams 2024-25 Club Option $4,094,280
1/10/2024 Angelo Allegri 2023-24 Guaranteed $1,119,563
1/10/2024 Nathan Mensah 2023-24 Guaranteed $1,119,563
1/10/2024 Trevon Scott 2023-24 Guaranteed $1,801,769
1/10/2024 Jaylen Sims 2023-24 Guaranteed $1,119,563
1/10/2024 Frank Ntilikina 2023-24 Guaranteed $2,528,233
1/10/2024 JT Thor 2023-24 Guaranteed $1,836,096
6/29/2024 James Bouknight 2025-26 Qualifying Offer $8,302,297
6/29/2024 Jaylen Sims 2024-25 Qualifying Offer $2,181,953
6/29/2024 Trevon Scott 2024-25 Qualifying Offer $2,181,953
6/29/2024 Amari Bailey 2024-25 Qualifying Offer $1,981,953
6/29/2024 Nathan Mensah 2024-25 Qualifying Offer $2,181,953
6/29/2024 LaMelo Ball 2024-25 Qualifying Offer $14,301,633
6/29/2024 Angelo Allegri 2024-25 Qualifying Offer $2,181,953
7/18/2024 Bryce McGowens 2024-25 Guaranteed $2,019,699
10/31/2024 Brandon Miller 2025-26 Club Option $11,968,800
10/31/2024 Nick Smith Jr. 2025-26 Club Option $2,710,680
10/31/2024 Mark Williams 2025-26 Club Option $6,276,531
1/10/2025 JT Thor 2024-25 Club Option $1,988,598
6/29/2025 Nick Richards 2025-26 Guaranteed $5,000,000
6/29/2025 Kai Jones 2025-26 Qualifying Offer $6,693,266
6/29/2025 Leaky Black 2025-26 Qualifying Offer — Two-Way $2,180,149
6/30/2025 Bryce McGowens 2025-26 Club Option
6/30/2025 Cody Martin 2025-26 Guaranteed $8,680,000
7/18/2025 Bryce McGowens 2025-26 Guaranteed $2,187,451
10/31/2025 Nick Smith Jr. 2026-27 Club Option $4,890,067
10/31/2025 Brandon Miller 2026-27 Club Option $15,104,626
1/10/2026 Terry Rozier 2025-26 Guaranteed $26,643,031
6/29/2026 Mark Williams 2026-27 Qualifying Offer $8,774,590
12/29/2026 Nick Smith Jr. 2027-28 Qualifying Offer $7,740,977
6/29/2027 Brandon Miller 2027-28 Qualifying Offer $21,222,000


Unsigned Draft Picks

Draft Year Player Age Position Country College
2015 Tyler Harvey 30 SG USA Eastern Washington


Future Draft Picks

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
2024
CHA
Top-14 Protected (from SAS)
SAS
15-30 (via NYK to ATL)
2025
CHA
Top-14 Protected (if not already settled with SAS)
SAS
15-30 if not already settled (via NYK to ATL)
2026
CHA
2027
CHA
2028
CHA
2029
CHA
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
2024
CHA
POR
More favorable of CHA and MIN then other to DEN (via MIN to OKC to DEN to POR; via OKC to DEN)
2025
CHA
55-59
GSW
55-59
2026
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
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
CHA
CHA
2029
CHA