Player (14)	Pos.	Cap Figure	Base Salary	Likely Incent.	Unlikely Incent.	Trade Bonus	Cap Figure	Cap % Team	Cap % League	Cash Remaining (Guaranteed)	Notes
McCollum C.J. McCollum	SG	$35,802,469	$35,802,469	-	-	-	$35,802,469	19.83	26.32	$99,802,468 ($99,802,468)	Acquired via Trade
Williamson Zion Williamson	PF	$34,005,250	$34,005,250	-	-	-	$34,005,250	18.84	25.00	$197,230,450 ($197,230,450)	Rk Extension / Bird
Ingram Brandon Ingram	SF	$33,833,400	$33,833,400	-	-	-	$33,833,400	18.74	24.87	$69,849,600 ($69,849,600)	Free Agent (Max) / Bird
Valanciunas Jonas Valanciunas	C	$15,435,000	$15,435,000	-	-	-	$15,435,000	8.55	11.35	$15,435,000 ($15,435,000)	Vet Extension / Bird
Jones Herb Jones	SF	$12,015,150	$12,015,150	-	-	-	$12,015,150	6.66	8.83	$53,827,872 ($53,827,872)	Free Agent / Early Bird
Nance Jr. Larry Nance Jr.	PF	$10,375,000	$10,375,000	-	-	-	$10,375,000	5.75	7.63	$21,580,000 ($21,580,000)	Vet Extension / Bird
Daniels Dyson Daniels	PG	$5,784,120	$5,784,120	-	-	-	$5,784,120	3.20	4.25	$19,551,349 ($5,784,120)	Drafted / Rookie Scale
Lewis Jr. Kira Lewis Jr.	PG	$5,722,116	$5,722,116	-	-	-	$5,722,116	3.17	4.21	$5,722,116 ($5,722,116)	Drafted / Rookie Scale
Hawkins Jordan Hawkins	SG	$4,310,160	$4,310,160	-	-	-	$4,310,160	2.39	3.17	$20,599,055 ($8,835,840)	Drafted / Rookie Scale
Murphy III Trey Murphy III	SF	$3,359,280	$3,359,280	-	-	-	$3,359,280	1.86	2.47	$8,519,135 ($3,359,280)	Drafted / Rookie Scale
Zeller Cody Zeller	C	$2,019,706	$3,196,448	-	-	-	$2,019,706	1.12	1.48	$3,196,448 ($3,196,448)	Free Agent / Minimum
Marshall Naji Marshall	SF	$1,930,681	$1,930,681	-	-	-	$1,930,681	1.07	1.42	$1,930,681 ($1,930,681)	RoS / NT-MLE
Alvarado Jose Alvarado	PG	$1,836,096	$1,836,096	-	-	-	$1,836,096	1.02	1.35	$3,824,694 ($0)	RoS / NT-MLE G'teed: $0
Liddell E.J. Liddell	PF	$1,801,769	$1,801,769	-	-	-	$1,801,769	1.00	1.32	$6,224,049 ($3,922,462)	/ NT-MLE

2023-24 Two-Way

Players signed to Two-Way contracts that are currently designated to G-League affiliate. Two-way salaries do not count against a team's Total Cap/Tax Allocations.

Player (1)	Pos.
SeabronDereon Seabron	SG

2023-24 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. Renouncing 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 (5)	Pos.	Qualifying Offer	Likely Incent.	Unlikely Incent.	Trade Kicker	Cap Figure	Rights
HernangomezWilly Hernangomez	C	-				$4,863,890	Bird
SnellTony Snell	SG	-				$2,019,706	Non-Bird
ClarkGary Clark	PF	-				$1,801,769	Non-Bird
HarperJared Harper	PG	-				$1,801,769	Two-Way
NunnallyJames Nunnally	SF	-				$1,801,769	Two-Way

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 ($172,346,000) 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 ($172,346,000), and did not use this exception in the previous season. It can be used for contracts up to 2 years in length.

Trade Exception Details becomes available when a team relinquishes more salary than it acquires during a trade. The "credit" balance remains as an exception that can be used within the next year to acquire salary via trade without further relinquishing additional salary.

Type	Reason (Used On)	Original	Available
Non-Taxpayer Mid-Level	E.J. Liddell ($1,801,769)	$12,405,000	$10,603,231
Bi-Annual		$4,516,000	$4,516,000

2023-24 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
2023 NBA Luxury Tax Threshold		$165,294,000
Total Taxable Salaries		$168,230,197
Current Luxury Tax Space		$-2,936,197
Est. Luxury Tax Bill		$4,404,296

2023-24 New Orleans Pelicans Salary Cap Totals

This team is currently "hard-capped", which means their Total Taxable Salaries may not exceed $172,346,000 at any point during the season.

Cap Type	Total
Active Roster Cap	$168,230,197
Cap Holds	$12,288,903
Total Salaries	$180,519,100
2023 NBA Salary Cap Max	$136,021,000
Actual Cap Max Space	$-44,498,100

Cap Type	Cap Total
Active Roster Cap	$168,230,197
Cap Holds	$12,288,903
Total Cap Allocations	$180,519,100
Salary Cap Maximum
2023 NBA Salary Cap Max	$136,021,000
Current Cap Space	$-44,498,100
Salary Hard-Cap
2023 NBA Hard-Cap ("Luxury Tax First Apron")	$172,346,000
Total Hard-Cap Salaries	$168,230,197
Hard-Cap Space	$4,115,803
"Super Tax" Apron
2023 NBA Super-Tax Apron	$182,794,000
Super-Tax Apron Space	$14,563,803

 

2023-24 Practical Cap Space

Available Practical Cap Space:

$-37,798,114 — $-30,373,101

$-37,798,114

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.

$-30,373,101

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.

Deadlines

Deadline Date	Player	Type	Value
10/31/2023	Trey Murphy III	2024-25 Club Option	$5,159,855
10/31/2023	Dyson Daniels	2024-25 Club Option	$6,059,520
1/10/2024	Jose Alvarado	2023-24 Guaranteed	$1,836,096
6/29/2024	Kira Lewis Jr.	2024-25 Qualifying Offer	$7,913,687
6/29/2024	Jose Alvarado	2024-25 Club Option
6/29/2024	Dereon Seabron	2024-25 Qualifying Offer — Two-Way	$1,923,495
10/31/2024	Dyson Daniels	2025-26 Club Option	$7,707,709
10/31/2024	Jordan Hawkins	2025-26 Club Option	$4,741,320
1/10/2025	Jose Alvarado	2024-25 Guaranteed	$1,988,598
6/29/2025	Trey Murphy III	2025-26 Qualifying Offer	$7,285,716
6/29/2025	E.J. Liddell	2025-26 Club Option	$2,301,587
10/31/2025	Jordan Hawkins	2026-27 Club Option	$7,021,895
6/29/2026	Dyson Daniels	2026-27 Qualifying Offer	$10,389,992
6/29/2027	Jordan Hawkins	2027-28 Qualifying Offer	$10,469,646

Unsigned Draft Picks

Draft Year	Player	Age	Position	Country	College
2010	Latavious Williams	34	SF	USA
2022	Karlo Matkovic	22	PF	BIH

Future Draft Picks

• Round 1
• Round 2