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New Orleans Pelicans

New Orleans Pelicans 2018 Salary Cap

Pelicans 2018 Salary Cap

An updated look at the New Orleans Pelicans 2018 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

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Pelicans – The Athletic

Player Option
Club Option
Non-Guaranteed
Estimate
Player (15) Age Pos. Cap Figure Signed Using Base Salary
(Likely Incentives)
Dead Cap Cap Figure Cap %
HolidayJrue Holiday
Abdominal (season-ending)
28 PG $25,976,111 Bird $25,111,111
$865,000
($25,396,111) $25,976,111 22.68
DavisAnthony Davis
Back
25 PF $25,434,263 Bird
Max Ext (25%)
$25,434,263 ($25,434,263) $25,434,263 22.21
HillSolomon Hill 27 SF $12,252,928 Cap Space $12,252,928 ($25,011,709) $12,252,928 10.70
MooreE'Twaun Moore
Quad
29 SG $8,808,685 Cap Space $8,808,685 ($17,473,613) $8,808,685 7.69
RandleJulius Randle 23 PF $8,641,000 NT-MLE $8,641,000 ($17,714,050) $8,641,000 7.54
JohnsonStanley Johnson 22 SF $3,940,402 Rookie $3,940,402 ($3,940,402) $3,940,402 3.44
PaytonElfrid Payton 24 PG $3,000,000 Bi-Annual $3,000,000 ($3,000,000) $3,000,000 2.62
MillerDarius Miller
Thigh
28 SF $2,205,000 NT-MLE $2,205,000 ($2,205,000) $2,205,000 1.93
OkaforJahlil Okafor 22 C $1,567,007 Minimum $1,567,007 ($1,567,007) $1,567,007 1.37
DialloCheick Diallo 22 PF $1,544,951 Cap Space $1,544,951 ($1,544,951) $1,544,951 1.35
ClarkIan Clark 27 SG $1,512,601 Minimum $1,757,429 ($1,512,601) $1,512,601 1.32
WoodChristian Wood 23 PF $1,512,601 Minimum $1,512,601 ($1,512,601) $1,512,601 1.32
JacksonFrank Jackson 20 PG $1,378,242 NT-MLE $1,378,242 ($1,884,242) $1,378,242 1.20
WilliamsKenrich Williams 23 SF $838,464 Minimum $838,464 ($838,464) $838,464 0.73
BertansDairis Bertans 29 SG $194,220 Minimum $194,220 ($194,220) $194,220 0.17


2018-19 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 (1) Age Pos.
BluiettTrevon Bluiett 23 SG          


2018-19 Dead Cap

Cap breakdowns for players who have been traded or released. All count against the team's Total Cap Allocations.

Player (6) Age Pos. Signed Using Base Salary Signing Bonus Trade Kicker Dead Money Cap Figure Cap %
MorrisMarkieff Morris 29 PF $8,600,000 - - - $8,600,000 7.51
SmithJason Smith 32 PF $5,450,000 - - - $5,450,000 4.76
FrazierTim Frazier 27 PG $1,621,415 - - - $1,512,601 1.32
LigginsDeAndre Liggins 30 SG $75,000 - - - $75,000 0.07
GreenGarlon Green 27 G $50,000 - - - $50,000 0.04
WilliamsTroy Williams 23 SF $34,183 - - - $34,183 0.03


2018-19 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 (1) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
CrawfordJordan Crawford 29 SG Early Bird   $1,544,951  


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 ($129,817,000) 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 ($129,817,000), 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 $8,641,000
($0)
Julius Randle ($8,641,000)
Bi-Annual Exception $3,382,000
($382,000)
Elfrid Payton ($3,000,000)
Trade Exception $3,897,436
($3,897,436)
Nicolo Melli trade with DAL 03/25/2022


2018-19 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
2018 NBA Luxury Tax Threshold $123,733,000
Total Taxable Salaries $115,358,553
Luxury Tax Space $8,374,447
2018 NBA Luxury Tax Apron $129,817,000
Luxury Tax Apron Space $14,458,447


2018-19 New Orleans Pelicans Salary Cap Totals

This team is currently "hard-capped", which means their Total Taxable Salaries may not exceed $129,817,000 at any point during the season.

Cap Type Total
Active Roster Cap $98,806,475
Dead Money $15,721,784
Cap Holds $5,824,387
Total Salaries $114,528,259
2018 NBA Salary Cap Max $101,869,000
Actual Cap Max Space $-12,659,259
Cap Type Cap Total
Active Roster Cap $98,806,475
Dead Money $15,721,784
Cap Holds $5,824,387
Total Cap Allocations $114,528,259
2018 NBA Salary Cap Max $101,869,000
Cap Max Space $-12,659,259



Deadlines

Deadline Date Player Type Value
2021-22
10/31/2021 Kira Lewis Jr. 2022-23 Club Option $4,004,280
10/31/2021 Zion Williamson 2022-23 Club Option $13,534,817
10/31/2021 Jaxson Hayes 2022-23 Club Option $6,803,012
10/31/2021 Nickeil Alexander-Walker 2022-23 Club Option $5,009,633
2022-23
10/31/2022 Kira Lewis Jr. 2023-24 Club Option $5,722,116
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
2023-24
06/29/2024 Kira Lewis Jr. 2024-25 Qualifying Offer $7,913,687