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New Orleans Pelicans 2020-21 Salary Cap

An updated look at the New Orleans Pelicans 2020-21 salary cap table, including team cap space, dead cap figures, exceptions, & complete breakdowns of player cap hits, salaries, and bonuses.

Pelicans – The Athletic

Player Option
Club Option
Estimate
Trade Kicker
Block Trade Clause
No Trade Clause
Player (9) Age Pos. Cap % Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
HolidayJrue Holiday 30 PG $26,261,111 Bird $25,396,111 - $865,000 ($25,396,111) $26,261,111 15.25
RedickJ.J. Redick 36 SG $13,013,700 Cap Space $13,013,700 - - ($13,013,700) $13,013,700 7.56
BallLonzo Ball 22 PG $11,003,782 Rookie $11,003,782 - - ($11,003,782) $11,003,782 6.39
WilliamsonZion Williamson 20 PF $10,245,480 Rookie $10,245,480 - - ($10,245,480) $10,245,480 5.95
MillerDarius Miller 30 SF $7,000,000 Early Bird $7,000,000 - - - $7,000,000 4.06
HayesJaxson Hayes 20 C $5,105,160 Rookie $5,105,160 - - ($5,105,160) $5,105,160 2.96
MelliNicolo Melli 29 PF $3,897,436 Room $3,897,436 - - ($3,897,436) $3,897,436 2.26
HartJosh Hart 25 SG $3,491,159 Rookie $3,491,159 - - ($3,491,159) $3,491,159 2.03
Alexander-WalkerNickeil Alexander-Walker 22 SG $3,113,160 Rookie $3,113,160 - - ($3,113,160) $3,113,160 1.81


2020-21 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Pelicans are currently over the league salary cap, these cap holds do not count against their Total Cap figure. Denouncing these cap holds will NOT afford the team any new cap space. These figures are not counted toward a team's Luxury Tax Allocation.

Player (8) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
FavorsDerrick Favors 29 PF Bird   $26,475,000  
IngramBrandon Ingram 23 SF Restricted Bird   $21,796,456  
MooreE'Twaun Moore 31 SG Bird   $16,463,363  
JacksonFrank Jackson 22 PG Restricted Bird   $2,023,150  
WilliamsKenrich Williams 25 SF Restricted Early Bird   $1,937,273  
OkaforJahlil Okafor 24 C Early Bird   $1,722,425  
GrayJoshia Gray 27 G Restricted Non-Bird   $1,549,812  
CheathamZylan Cheatham 24 SF Restricted Non-Bird   $1,544,548  
Incomplete Roster Charge
(3 spots)
          $2,694,930  


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.

Non-Taxpayer Mid-Level Exception Details is awarded annually to teams who are above the cap but below the Luxury Tax Apron ($138,928,000) and can be used for contracts up to 4 years in length.

Bi-Annual Exception Details is available to any teams who are below the Luxury Tax Apron ($138,928,000), and did not use this exception in the previous season. It can be used for contracts up to 2 years in length.

Type Amount (Remaining) Reason/Notes Expire Date
Non-Taxpayer Mid-Level Exception $9,258,000
($9,258,000)
Bi-Annual Exception $3,623,000
($3,623,000)


2020-21 Luxury Tax Totals

Denotes the Pelicans current standing in terms of the luxury tax threshold. Teams that spend over the threshold pay fines (estimated below).

Type Totals
2020 NBA Luxury Tax Threshold $132,627,000
Total Taxable Salaries $83,130,988
Luxury Tax Space $49,496,012


2020-21 New Orleans Pelicans Salary Cap Totals

The Pelicans are currently over the league salary cap. This means Cap Holds & Exceptions are NOT included in their Total Cap Allocations, and renouncing these figures will not afford them any cap space. The team may only sign outside players using any available exceptions or at league minimum salaries.

Cap Type Total
Active Roster Cap $83,130,988
Cap Holds $89,087,957
Total Salaries $172,218,945
2020 NBA Salary Cap Max $109,140,000
Actual Cap Max Space $-63,078,945
Cap Type Cap Total
Active Roster Cap $83,130,988
Cap Holds $89,087,957
Total Cap Allocations $172,218,945
2020 NBA Salary Cap Max $109,140,000
Cap Max Space $-63,078,945
Practical Cap Space $29,415,772



Deadlines

Deadline Date Player Type Value
2021-22
10/31/2021 Zion Williamson 2022-23 Club Option $13,534,817
10/31/2021 Nickeil Alexander-Walker 2022-23 Club Option $5,009,633
10/31/2021 Jaxson Hayes 2022-23 Club Option $6,803,012
2022-23
06/29/2023 Zion Williamson 2023-24 Qualifying Offer $17,595,263
06/29/2023 Jaxson Hayes 2023-24 Qualifying Offer $9,170,460
06/29/2023 Nickeil Alexander-Walker 2023-24 Qualifying Offer $7,073,602