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NBA New Orleans Pelicans 2025-26 Financial Summary
A current summary of New Orleans Pelicans 2025-26 player cap & cash figures.
RELATED:
Picking Up the Pieces of the Pelicans
Total Cap
$207,342,163 / 8th
Cap Space
$-52,695,163 / 23rd
Projected Cash Payroll
$187,351,174 / 20th
Cash Total
$187,351,174 / 20th
2025-26 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 |
Williamson Zion Williamson | PF | 25 | $39,446,090 | 25.51% | $39,446,090 | $39,446,090 | $39,446,090 | - | 2028 |
2 |
Poole Jordan Poole | SG | 26 | $31,848,215 | 20.59% | $35,598,215 | $31,848,215 | $31,848,215 | $31,848,215 | 2027 |
3 |
Murray Dejounte Murray | PG | 29 | $30,801,103 | 19.92% | $33,069,100 | $30,801,103 | $26,783,568 | $26,783,600 | 2028 |
4 |
Murphy III Trey Murphy III | SF | 25 | $25,000,000 | 16.17% | $25,000,000 | $25,000,000 | $25,000,000 | $25,000,000 | 2029 |
5 |
Jones Herb Jones | SF | 27 | $13,937,574 | 9.01% | $13,937,574 | $13,937,574 | $13,937,574 | $13,937,574 | 2030 |
6 |
Looney Kevon Looney | C | 29 | $8,000,000 | 5.17% | $8,000,000 | $8,000,000 | $8,000,000 | $8,000,000 | 2027 |
7 |
Fears Jeremiah Fears | PG | 19 | $7,520,040 | 4.86% | $7,520,040 | $7,520,040 | $7,520,040 | $7,520,040 | 2029 |
8 |
Bey Saddiq Bey | SF | 26 | $6,118,644 | 3.96% | $6,451,977 | $6,118,644 | $6,118,644 | $6,118,644 | 2027 |
9 |
Queen Derik Queen | C | 21 | $5,157,960 | 3.34% | $5,157,960 | $5,157,960 | $5,157,960 | $5,157,960 | 2029 |
10 |
Hawkins Jordan Hawkins | SG | 23 | $4,741,320 | 3.07% | $4,741,320 | $4,741,320 | $4,741,320 | $4,741,320 | 2027 |
11 |
Missi Yves Missi | C | 21 | $3,353,040 | 2.17% | $3,353,040 | $3,353,040 | $3,353,040 | $3,353,040 | 2028 |
12 |
Jordan DeAndre Jordan | C | 37 | $2,269,880 | 1.47% | $2,269,880 | $2,269,880 | $3,592,381 | $3,571,495 | 2026 |
13 |
Matkovic Karlo Matkovic | PF | 24 | $1,955,377 | 1.26% | $1,955,377 | $1,955,377 | $1,830,377 | $1,830,377 | 2027 |
14 |
Peavy Micah Peavy | SG | 24 | $1,272,870 | 0.82% | $1,272,870 | $1,272,870 | $1,272,870 | $1,272,870 | 2029 |
15 |
McGowens Bryce McGowens | SG | 23 | $724,598 | 0.47% | $724,598 | $724,598 | $724,598 | $724,598 | 2026 |
2025-26 Dead Money
Cap breakdowns for players who have been traded or released. All count against the team's cap.
| Player (2) | Pos | Age | Cap Hit | Cap Hit Pct League Cap | Apron Salary | Luxury Tax | Cash Total | Cash Guaranteed | |
|---|---|---|---|---|---|---|---|---|---|
1 |
Terry
Dalen Terry
WAIVED
|
SG | 23 | $5,399,118 | 3.49% | $5,399,118 | $5,399,118 | $2,047,941 | - |
2 |
Springer Jaden Springer | PG | 23 | $70,732 | 0.05% | $70,732 | $70,732 | $70,732 | - |
2025-26 Cap Hold
Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc.
| Player (8) | Pos | Age | Cap Hit | Cap Hit Pct League Cap | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
1 |
Hernangomez Willy Hernangomez | C | 31 | $4,642,804 | 3.00% | Bird | ||||
2 |
Snell Tony Snell | SG | 34 | $2,296,274 | 1.48% | Non-Bird | ||||
3 |
Payton Elfrid Payton | PG | 31 | $2,296,274 | 1.48% | Early Bird | ||||
4 |
Boston Jr Brandon Boston Jr | SG | 24 | $2,296,274 | 1.48% | Early Bird | ||||
5 |
Nunnally James Nunnally | SF | 35 | $2,048,494 | 1.32% | Two-Way | ||||
6 |
Clark Gary Clark | PF | 31 | $2,048,494 | 1.32% | Non-Bird | ||||
7 |
Harper Jared Harper | PG | 28 | $2,048,494 | 1.32% | Two-Way | ||||
8 |
Brooks Jr. Keion Brooks Jr. | SF | $2,048,494 | 1.32% | Two-Way |
2025 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 |
Kevin Looney
|
$8,000,000 |
End-of-Season | $14,104,000 | $6,104,000 |
| Bi-Annual | End-of-Season | $5,134,000 | $5,134,000 | ||
| Trade |
Kelly Olynk trade with WAS
|
7/6/2026 | $13,445,122 | $13,445,122 | |
| Trade |
Jose Alvarado trade with NYK
|
2/5/2027 | $4,500,000 | $4,500,000 |
2025 Cap Totals
| Cap Maximum Summary | ||
| Cap Maximum | $154,647,000 | |
| Active Roster | $182,146,711 | 18th |
| Dead Money | $5,469,850 | 14th |
| Cap Hold | $19,725,602 | 6th |
| Total Allocations | $207,342,163 | 8th |
| Space | $-52,695,163 | 23rd |
| 1st Apron Summary | ||
|
1st Apron Maximum
This team is currently hard-capped at the first apron. |
$195,945,000 | |
| Total Allocations | $193,967,891 | - |
| Space | $1,977,109 | - |
| 2nd Apron Summary | ||
| 2nd Apron Maximum | $207,824,000 | |
| Total Allocations | $193,967,891 | - |
| Space | $13,856,109 | - |
2025 Tax Totals
| Tax Summary | ||
| Tax Threshold | $187,895,000 | |
| Total Allocations | $187,616,561 | 13th |
| Space | $278,439 | 18th |
| Ext. Luxury Tax Bill | $0 | - |
2025 Deadlines
| Deadline Date | Player | Type | Value |
|---|---|---|---|
| 6/29/2026 | Kevon Looney |
CLUB
2026-27 Club Option |
$8,000,000 |
| 6/29/2026 | Hunter Dickinson | 2026-27 Qualifying Offer — Two-Way | |
| 6/29/2026 | Trey Alexander | 2026-27 Qualifying Offer — Two-Way | |
| 6/29/2026 | Karlo Matkovic |
CLUB
2026-27 Club Option |
$2,296,271 |
| 6/29/2026 | Josh Oduro | 2026-27 Qualifying Offer — Two-Way | |
| 7/1/2026 | Jordan Hawkins |
EXTENSION ELIGIBLE
2026-27 Extension Eligible |
|
| 7/9/2026 | Dejounte Murray |
EXTENSION ELIGIBLE
2026-27 Extension Eligible |
|
| 7/10/2026 | Saddiq Bey |
EXTENSION ELIGIBLE
2026-27 Extension Eligible |
|
| 7/15/2026 | Karlo Matkovic |
EXTENSION ELIGIBLE
2026-27 Extension Eligible |
|
| 7/15/2026 | Zion Williamson |
GUARANTEED
2026-27 Guaranteed |
$42,166,510 |
| 10/31/2026 | Yves Missi |
CLUB
2027-28 Club Option |
$5,595,827 |
| 10/31/2026 | Jeremiah Fears |
CLUB
2027-28 Club Option |
$8,271,960 |
| 10/31/2026 | Derik Queen |
CLUB
2027-28 Club Option |
$5,673,840 |
| 2/20/2027 | Bryce McGowens |
EXTENSION ELIGIBLE
2027-28 Extension Eligible |
|
| 6/29/2027 | Jordan Hawkins | 2027-28 Qualifying Offer | $10,469,646 |
| 6/29/2027 | Bryce McGowens |
CLUB
2027-28 Club Option |
$2,934,742 |
| 6/29/2027 | Herb Jones |
PLAYER
2027-28 Player Option |
$24,195,628 |
| 6/29/2027 | Dejounte Murray |
PLAYER
2027-28 Player Option |
$30,751,504 |
| 6/29/2027 | Karlo Matkovic | 2027-28 Qualifying Offer | $3,099,966 |
| 7/1/2027 | Yves Missi |
EXTENSION ELIGIBLE
2027-28 Extension Eligible |
|
| 7/6/2027 | Micah Peavy |
EXTENSION ELIGIBLE
2027-28 Extension Eligible |
|
| 7/15/2027 | Zion Williamson |
GUARANTEED
2027-28 Guaranteed |
$44,886,930 |
| 10/1/2027 | Trey Murphy III |
EXTENSION ELIGIBLE
2027-28 Extension Eligible |
|
| 10/18/2027 | Micah Peavy |
GUARANTEED
2027-28 Guaranteed — Opening Night TBD |
$2,525,901 |
| 10/31/2027 | Jeremiah Fears |
CLUB
2028-29 Club Option |
$10,505,389 |
| 10/31/2027 | Derik Queen |
CLUB
2028-29 Club Option |
$8,107,918 |
| 6/29/2028 | Yves Missi | 2028-29 Qualifying Offer | $8,623,170 |
| 6/29/2028 | Micah Peavy |
CLUB
2028-29 Club Option |
|
| 7/1/2028 | Jeremiah Fears |
EXTENSION ELIGIBLE
2028-29 Extension Eligible |
|
| 7/1/2028 | Derik Queen |
EXTENSION ELIGIBLE
2028-29 Extension Eligible |
|
| 7/14/2028 | Herb Jones |
EXTENSION ELIGIBLE
2028-29 Extension Eligible |
|
| 10/16/2028 | Micah Peavy |
GUARANTEED
2028-29 Guaranteed — Opening Night TBD |
$2,735,698 |
| 6/29/2029 | Jeremiah Fears | 2029-30 Qualifying Offer | $15,138,266 |
| 6/29/2029 | Derik Queen | 2029-30 Qualifying Offer | $12,024,042 |
Future Draft Picks
2026 |
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| 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 | |
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ATL
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2027 |
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| 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 | |
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NOP
Most favorable of MIL and NOP then other to ATL
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2028 |
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| 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 | |
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NOP
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2029 |
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| 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 | |
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NOP
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2030 |
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| 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 | |
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NOP
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2031 |
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| 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 | |
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NOP
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2032 |
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| 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 | |
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NOP
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2026 |
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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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NOP
Least favorable of DET, MIL and ORL to NYK then others to BOS and ORL (via ORL to PHX to BKN to NYK)
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CHI
Most favorable of MIN, NOP, NYK and POR (via MIN to NYK; via NOP to POR to NOP; via POR to DET to BOS)
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2027 |
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| 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 | |
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NOP
Second most favorable of HOU, IND, MIA and OKC to NYK; then others to PHI and SAS (via HOU to DET to UTA to OKC)
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CHA
More favorable of NOP and POR to CHA then other to POR (via POR)
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2028 |
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| 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 | |
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SAS
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2029 |
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| 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 | |
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SAS
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2030 |
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| 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 | |
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NOP ORL
Or swap with ORL (via ORL swap for NOP)
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ORL NOP
Or swap with NOP
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2031 |
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| 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 | |
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ORL
Least favorable of ORL and NOP (via ORL swap for NOP (via NOP))
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NOP
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2032 |
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| 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 | |
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NOP
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