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

$184,543,214 / 16th

Cap Space

$-43,955,214 / 15th

Tax Space

$-1,417,797

Cash Total

$168,227,578 / 16th

2024-25 Active Roster

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (16) Pos Age Type Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
Williamson
1
Zion Williamson
PF 24 DRK-EXT $36,725,670 26.12% $36,725,670 $36,725,670 $36,725,670 $18,362,835 2028
Ingram
2
Brandon Ingram
SF 27 Maximum $36,016,200 25.62% $36,016,200 $36,016,200 $36,016,200 $36,016,200 2025
McCollum
3
C.J. McCollum
SG 33 VET-EXT $33,333,333 23.71% $33,333,333 $33,333,333 $33,333,333 $33,333,333 2026
Murray
4
Dejounte Murray
PG 28 VET-EXT $29,517,134 21.00% $30,917,132 $29,517,134 $24,799,600 $24,799,600 2028
Jones
5
Herb Jones
SF 26 FA $12,976,362 9.23% $12,976,362 $12,976,362 $12,976,362 $12,976,362 2027
Murphy III
6
Trey Murphy III
SF 24 RK $5,159,855 3.67% $5,159,855 $5,159,855 $5,159,855 $5,159,855 2025
Hawkins
7
Jordan Hawkins
SG 22 RK $4,525,680 3.22% $4,525,680 $4,525,680 $4,525,680 $4,525,680 2027
Missi
8
Yves Missi
C 20 RK $3,193,200 2.27% $3,193,200 $3,193,200 $3,193,200 $3,193,200 2028
Robinson-Earl
9
Jeremiah Robinson-Earl
PF 24 ROS $2,196,970 1.56% $2,196,970 $2,196,970 $2,196,970 $2,196,970 2025
Ryan
10
Matt Ryan
SF 27 ROS $2,196,970 1.56% $2,196,970 $2,196,970 $2,196,970 - 2026
Theis
11
Daniel Theis
C 32 FA $2,087,519 1.48% $2,087,519 $2,087,519 $2,800,834 $2,800,834 2025
Alvarado
12
Jose Alvarado
PG 26 ROS $1,988,598 1.41% $1,988,598 $1,988,598 $1,988,598 - 2025
Reeves
13
Antonio Reeves
SG 24 RK - - $1,157,153 $1,157,153 $1,157,153 $1,157,153 2027
Matkovic
14
Karlo Matkovic
PF 23 RK - - $1,157,153 $1,157,153 $1,157,153 $1,157,153 2027
Hill
15
Malcolm Hill
G 29 TW - - - - - - 2025
Cain
16
Jamal Cain
SF 25 TW - - - - - - 2025

2024-25 Cap Hold

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

Player (6) Pos Age Type Cap Hit Cap Hit Pct League Cap          
Hernangomez
1
Willy Hernangomez
C 30 FA $4,863,890 3.46% Bird
Snell
2
Tony Snell
SG 33 FA $2,087,519 1.48% Non-Bird
Seabron
3
Dereon Seabron
SG 24 TW $2,087,519 1.48% Two-Way
Nunnally
4
James Nunnally
SF 34 TW $1,862,265 1.32% Two-Way
Clark
5
Gary Clark
PF 30 TW $1,862,265 1.32% Non-Bird
Harper
6
Jared Harper
PG 27 TW $1,862,265 1.32% Two-Way

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 $12,822,000 $12,822,000
Bi-Annual
End-of-Season $4,668,000 $4,668,000
Trade
Kira Lewis Jr. trade with IND
1/17/2025 $5,722,116 $5,722,116
Trade
Jonas Valanciunas trade with WAS
7/6/2025 $9,900,000 $9,900,000

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $169,917,491 14th
Cap Hold $14,625,723 13th
Total Allocations $184,543,214 16th
Space $-43,955,214 15th
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.
$-41,758,244 -
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.
$-7,938,241 -
1st Apron Summary
1st Apron Maximum
This team is currently hard-capped at the first apron.
$178,132,000
Total Allocations $173,631,795 -
Space $4,500,205 -
2nd Apron Summary
2nd Apron Maximum $188,931,000
Total Allocations $173,631,795 -
Space $15,299,205 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $172,231,797 13th
Space $-1,417,797 18th
Ext. Luxury Tax Bill $2,126,694 -

2024 Deadlines

Deadline Date Player Type Value
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
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 Matt Ryan
CLUB
2025-26 Club Option
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
7/15/2025 Zion Williamson
GUARANTEED
2025-26 Guaranteed
$39,446,090
7/23/2025 Antonio Reeves
GUARANTEED
2025-26 Guaranteed
$977,689
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
10/31/2025 Yves Missi
CLUB
2026-27 Club Option
$3,512,760
1/10/2026 Antonio Reeves
GUARANTEED
2025-26 Guaranteed
$1,955,377
6/29/2026 Antonio Reeves
CLUB
2026-27 Club Option
$2,296,271
6/29/2026 Karlo Matkovic
CLUB
2026-27 Club Option
$2,296,271
7/15/2026 Zion Williamson
GUARANTEED
2026-27 Guaranteed
$42,166,510
10/31/2026 Yves Missi
CLUB
2027-28 Club Option
$5,595,827
1/10/2027 Antonio Reeves
GUARANTEED
2026-27 Guaranteed
$2,296,271
6/29/2027 Karlo Matkovic
RFA / QO
2027-28 Qualifying Offer
$3,099,966
6/29/2027 Antonio Reeves
RFA / QO
2027-28 Qualifying Offer
$3,099,966
6/29/2027 Jordan Hawkins
RFA / QO
2027-28 Qualifying Offer
$10,469,646
6/29/2027 Dejounte Murray
PLAYER
2027-28 Player Option
$30,751,504
7/15/2027 Zion Williamson
GUARANTEED
2027-28 Guaranteed
$44,886,930
6/29/2028 Yves Missi
RFA / QO
2028-29 Qualifying Offer
$8,623,170

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
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
BKN
If 5-30 (via NOP to POR to DET to NYK)
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
Or NOP (via NOP swap for MIL)
NOP    MIL
Or 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
Most favorable of MIL and NOP then other to ATL

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

2031

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
CHA
(via MEM to PHX to SAS)

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
NOP
(via WAS)
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    ORL
Or swap with ORL (via ORL swap for NOP)
ORL    NOP
Or swap with NOP

2031

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    ORL
Or swap with ORL (via ORL swap for NOP)
ORL    NOP
Or swap with NOP

TRANSACTIONS

Jul 22, 2024
Antonio Reeves, SG

Signed a 3 year $5.4 million contract with New Orleans (NOP) via 2nd-round exception

Jul 13, 2024
Karlo Matkovic, PF

Signed a 3 year $5.4 million contract with New Orleans (NOP) via 2nd-round exception

Jul 12, 2024
Jamal Cain, SF

Signed a Two-Way contract with New Orleans (NOP)

Jul 09, 2024
Daniel Theis, C

Signed a 1 year $2.80 million contract with New Orleans (NOP)

Jul 08, 2024
Yves Missi, C

Signed a 4 year $15.65 million rookie scale contract with New Orleans (NOP)

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