New Orleans Pelicans

New Orleans Pelicans 2021-22 Salary Cap

Pelicans 2021-22 Salary Cap

An updated look at the New Orleans Pelicans 2021 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

Pelicans – The Athletic

Player Option
Club Option
Non-Guaranteed
Estimate
Player (15) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap Figure Cap % Cash Remaining
(Guaranteed)
Notes
Ingram Brandon Ingram SF $29,467,800 $29,467,800 - - - $29,467,800 25.05 $130,968,000
($130,968,000)
Free Agent (Max) / Bird
Valanciunas Jonas Valanciunas C $14,000,000 $14,000,000 - - - $14,000,000 11.90 $44,135,000
($44,135,000)
Acquired via Trade
Hart Josh Hart SG $12,000,000 $12,000,000 - - - $12,000,000 10.20 $37,920,000
($12,000,000)
Free Agent / Bird
Knee
Graham Devonte' Graham PG $11,000,000 $11,000,000 - - - $11,000,000 9.35 $47,300,000
($37,500,000)
Acquired via Trade
Williamson Zion Williamson PF $10,733,400 $10,733,400 - - - $10,733,400 9.12 $24,268,217
($24,268,217)
Drafted / Rookie Scale
Foot
Satoransky Tomas Satoransky SG $10,000,000 $10,000,000 - - - $10,000,000 8.50 $10,000,000
($10,000,000)
Acquired via Trade
Hayes Jaxson Hayes C $5,348,280 $5,348,280 - - - $5,348,280 4.55 $12,151,292
($12,151,292)
Drafted / Rookie Scale
Temple Garrett Temple SG $4,910,000 $4,910,000 - - - $4,910,000 4.17 $15,466,500
($10,065,500)
Acquired via Trade
Lewis Jr. Kira Lewis Jr. PG $3,822,240 $3,822,240 - - - $3,822,240 3.25 $13,548,636
($7,826,520)
Drafted / Rookie Scale
Alexander-Walker Nickeil Alexander-Walker SG $3,261,480 $3,261,480 - - - $3,261,480 2.77 $8,271,113
($8,271,113)
Drafted / Rookie Scale
Murphy III Trey Murphy III SG $3,053,760 $3,053,760 - - - $3,053,760 2.60 $14,779,534
($6,260,400)
Drafted / Rookie Scale
Hernangomez Willy Hernangomez C $2,327,220 $2,327,220 - - - $2,327,220 1.98 $7,330,743
($7,330,743)
Free Agent / Non-Bird
Jones Herbert Jones SF $1,700,000 $1,700,000 - - - $1,700,000 1.44 $5,321,096
($3,485,000)
Drafted / NT-MLE
Marshall Naji Marshall SF $1,517,981 $1,517,981 - - - $1,517,981 1.29 $5,231,283
($3,300,602)
RoS / NT-MLE
Clark Gary Clark PF $1,237,493 $1,282,007 - - - $1,237,493 1.05 $1,282,007
($0)
RoS / Minimum
G'teed: $0


2021-22 Suspension List

Cap breakdowns for players currently in suspended. All count against the team's salary cap, but not the roster spot.

Player (1) Pos. Signed Using Base Salary Signing Bonus Trade Kicker Likely Incentives Dead Cap Cap Figure Cap %
LouzadaDidi Louzada SF Non-Bird $1,786,878 - - - ($1,786,878) $1,786,878 1.52


2021-22 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 Allocations.

Player (2) Pos.
AlvaradoJose Alvarado G          
HommesDaulton Hommes G          


2021-22 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 (1) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
NunnallyJames Nunnally SF - $1,489,065 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 ($143,002,000) 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 ($143,002,000), 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 Amount (Remaining) Reason/Notes Expire Date
Non-Taxpayer Mid-Level Exception $9,536,000
($7,836,000)
Herbet Jones ($1,700,000)
Bi-Annual Exception $3,732,000
($3,732,000)
Trade Exception $3,897,436
($3,897,436)
Nicolo Melli trade with DAL 02/11/2022
Trade Exception $17,073,171
($17,073,171)
Steven Adams trade with MEM 07/07/2022


2021-22 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
2021 NBA Luxury Tax Threshold $136,606,000
Total Taxable Salaries $115,963,478
Current Luxury Tax Space $20,642,522


2021-22 New Orleans Pelicans Salary Cap Totals

This team is currently "hard-capped", which means their Total Taxable Salaries may not exceed $143,002,000 at any point during the season.

Cap Type Cap Total
Active Roster Cap $114,379,654
Suspended List Money $1,786,878
Cap Holds $1,489,065
Total Cap Allocations $117,655,597
Salary Cap Maximum
2021 NBA Salary Cap Max $112,414,000
Current Cap Space $-5,241,597
Salary Hard-Cap
2021 NBA Hard-Cap ("Luxury Tax Apron") $143,002,000
Total Hard-Cap Salaries $115,963,478
Hard-Cap Space $27,038,522
 

2021-22 Practical Cap Space

Available Practical Cap Space: $-728,161 — $-728,161

$-728,161
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.

$-728,161
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
2022-23
10/31/2022 Kira Lewis Jr. 2023-24 Club Option $5,722,116
10/31/2022 Trey Murphy III 2023-24 Club Option $3,359,280
01/10/2023 Naji Marshall Guaranteed $1,782,621
06/25/2023 Josh Hart 2023-24 Player Option
06/25/2023 Josh Hart 2023-24 Guaranteed $12,960,000
06/29/2023 Herbert Jones 2023-24 Club Option $1,836,096
06/29/2023 Naji Marshall 2023-24 Club Option $1,930,681
06/30/2023 Zion Williamson 2023-24 Qualifying Offer $17,595,263
06/30/2023 Jaxson Hayes 2023-24 Qualifying Offer $9,170,460
06/30/2023 Nickeil Alexander-Walker 2023-24 Qualifying Offer $7,073,602
06/30/2023 Garrett Temple 2023-24 Guaranteed $5,401,000
2023-24
07/01/2023 Didi Louzada Guaranteed $1,965,566
10/31/2023 Trey Murphy III 2024-25 Club Option $5,159,854
06/30/2024 Kira Lewis Jr. 2024-25 Qualifying Offer $7,913,687
06/30/2024 Didi Louzada 2024-25 Guaranteed $2,057,646
2024-25
07/01/2024 Devonte' Graham Guaranteed $12,650,000
06/30/2025 Trey Murphy III 2025-26 Qualifying Offer $7,285,714