New Orleans Pelicans 2024-25 Financial Summary

A current summary of New Orleans Pelicans 2024-25 player cap & cash figures.

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Total Cap Allocations

$199,701,515 / 15th

Cap Space

$-58,701,515 / 16th

Tax Space

$16,810,149

Cash Total

$154,504,851 / 15th

2024-25 Active Roster

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (13) Pos Age Cap Hit Cap Hit Pct League Cap Luxury Tax Cash Total Free Agent Year
Williamson
1
Zion Williamson
PF 24 $36,725,670 26.05% $36,725,670 $36,725,670 2028
Ingram
2
Brandon Ingram
SF 27 $36,016,200 25.54% $36,016,200 $36,016,200 2025
McCollum
3
C.J. McCollum
SG 33 $33,333,333 23.64% $33,333,333 $33,333,333 2026
Jones
4
Herb Jones
SF 26 $12,976,362 9.20% $12,976,362 $12,976,362 2027
Nance Jr.
5
Larry Nance Jr.
PF 32 $11,205,000 7.95% $11,205,000 $11,205,000 2025
Daniels
6
Dyson Daniels
PG 21 $6,059,520 4.30% $6,059,520 $6,059,520 2026
Murphy III
7
Trey Murphy III
SF 24 $5,159,855 3.66% $5,159,855 $5,159,855 2025
Hawkins
8
Jordan Hawkins
SG 22 $4,525,680 3.21% $4,525,680 $4,525,680 2027
Robinson-Earl
9
Jeremiah Robinson-Earl
PF 24 $2,196,970 1.56% $2,196,970 $2,196,970 2025
Ryan
10
Matt Ryan
SF 27 $2,196,970 1.56% $2,196,970 $2,196,970 2026
Liddell
11
E.J. Liddell
PF 24 $2,120,693 1.50% $2,120,693 $2,120,693 2026
Alvarado
12
Jose Alvarado
PG 26 $1,988,598 1.41% $1,988,598 $1,988,598 2025
Hill
13
Malcolm Hill
G 29 Two-Way - - - 2025

2024-25 Cap Hold

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc.

Player (9) Pos Age Cap Hit Cap Hit Pct League Cap Free Agent Year
Valanciunas
1
Jonas Valanciunas
C 32 $23,152,500 16.42% - - Bird
Hernangomez
2
Willy Hernangomez
C 30 $4,863,890 3.45% - - Bird
Seabron
3
Dereon Seabron
SG 24 $2,093,637 1.48% - - Two-Way
Zeller
4
Cody Zeller
C 32 $2,093,637 1.48% - - Non-Bird
Snell
5
Tony Snell
SG 33 $2,093,637 1.48% - - Non-Bird
Marshall
6
Naji Marshall
SF 27 $2,093,637 1.48% - - Bird
Nunnally
7
James Nunnally
SF 34 $1,867,722 1.32% - - Two-Way
Clark
8
Gary Clark
PF 30 $1,867,722 1.32% - - Non-Bird
Harper
9
Jared Harper
PG 27 $1,867,722 1.32% - - Two-Way
Round 1, Pick #21   $3,202,560        

2024 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
End-of-Season $12,860,000 $12,860,000
Bi-Annual
End-of-Season $4,682,000 $4,682,000
Trade
Kira Lewis Jr. trade with IND
1/17/2025 $5,722,116 $5,722,116

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $141,000,000
Active Roster $154,504,851 15th
Cap Hold $45,196,664 14th
Total Allocations $199,701,515 15th
Space $-58,701,515 16th
Practical Cap Space Summary
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.
$-56,504,545 -
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.
$3,395,786 -
1st Apron Summary
1st Apron Maximum $178,655,000
Total Allocations $154,504,851 -
Space $24,150,149 -
2nd Apron Summary
2nd Apron Maximum $189,486,000
Total Allocations $154,504,851 -
Space $34,981,149 -

2024 Tax Totals

Tax Summary
Tax Threshold $171,315,000
Total Allocations $154,504,851 15th
Space $16,810,149 16th
Ext. Luxury Tax Bill $0 -

2024 Deadlines

Deadline Date Player Type Value
6/29/2024 Jose Alvarado
CLUB
2024-25 Club Option
6/29/2024 Jeremiah Robinson-Earl
CLUB
2024-25 Club Option
$2,196,970
6/29/2024 Dereon Seabron
RFA / QO
2024-25 Qualifying Offer — Two-Way
$2,093,637
7/6/2024 Brandon Ingram
EXTENSION ELIGIBLE
2024-25 Extension Eligible
9/26/2024 C.J. McCollum
EXTENSION ELIGIBLE
2024-25 Extension Eligible
10/1/2024 Larry Nance Jr.
EXTENSION ELIGIBLE
2024-25 Extension Eligible
10/22/2024 Matt Ryan
GUARANTEED
2024-25 Guaranteed — Opening Night - TBD
$2,196,970
10/31/2024 Jordan Hawkins
CLUB
2025-26 Club Option
$4,741,320
10/31/2024 Dyson Daniels
CLUB
2025-26 Club Option
$7,707,709
1/7/2025 Zion Williamson
GUARANTEED
2025-26 Guaranteed
$36,725,670
1/10/2025 Jose Alvarado
GUARANTEED
2024-25 Guaranteed
$1,988,598
6/29/2025 Trey Murphy III
RFA / QO
2025-26 Qualifying Offer
$7,285,716
6/29/2025 Malcolm Hill
RFA / QO
2025-26 Qualifying Offer — Two-Way
$2,054,495
6/29/2025 Matt Ryan
CLUB
2025-26 Club Option
6/29/2025 E.J. Liddell
CLUB
2025-26 Club Option
$2,301,587
7/15/2025 Zion Williamson
GUARANTEED
2025-26 Guaranteed
$39,446,090
10/21/2025 Matt Ryan
GUARANTEED
2025-26 Guaranteed — Opening Night - TBD
$2,381,501
10/31/2025 Jordan Hawkins
CLUB
2026-27 Club Option
$7,021,895
6/29/2026 Dyson Daniels
RFA / QO
2026-27 Qualifying Offer
$10,389,992
7/15/2026 Zion Williamson
GUARANTEED
2026-27 Guaranteed
$42,166,510
6/29/2027 Jordan Hawkins
RFA / QO
2027-28 Qualifying Offer
$10,469,646
7/15/2027 Zion Williamson
GUARANTEED
2027-28 Guaranteed
$44,886,930

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2022 Karlo Matkovic PF 23 Bosnia and Herzegovina
2010 Latavious Williams SF 35 United States

Future Draft Picks

2025

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
NOP
NYK
5-30 (via NOP to POR to DET)
NOP

2026

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
MIL    NOP
NOP right to swap with MIL
NOP    MIL
NOP right to swap with MIL

2027

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
NOP
NOP

2028

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
NOP

2029

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
NOP

2030

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
NOP

2025

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
SAS
via MEM to PHX

2026

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
SAS
Less favorable of NOP and POR then other to DET ((via NOP to POR to NOP) via POR to DET)

2027

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
CHA
More favorable of NOP and POR to CHA then other to POR (via POR)

2028

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
SAS

2029

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
SAS

2030

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
NOP

TRANSACTIONS

Apr 13, 2024
Matt Ryan

Signed a 3 year Rest-of-Season contract with New Orleans (NOP) - includes 2025-26 Club Option

Apr 03, 2024
Dyson Daniels

Fined $2,000 for ejection from ORL-NOP game

Apr 03, 2024
Trey Murphy III

Fined $2,000 for ejection from ORL-NOP game

Mar 03, 2024
Izaiah Brockington

Signed a 10-day contract with New Orleans (NOP)

Feb 25, 2024
Naji Marshall

Suspended 1 game (forfeit $11,096) for instigating and engaging in on-court altercation during MIA-NOP game

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