New Orleans Pelicans 2024 Cap Sheet
Cap sheet & depth chart information for the New Orleans Pelicans as well as transactions, draft picks, trade exceptions and more.
Payroll
Player Option
Team Option
Qualifying Offer
Non-Guaranteed
Partially Guaranteed
| Players (20) | Pos | Age | YoS | LBRN | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | Signed w/ | Gtd | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Zion Williamson Shot Creator | PF | 24 | 5 | 1.42 | $36.7M | $39.4M | $42.1M | $44.8M | birdRights | $163.2M | ||
| CJ McCollum Primary Ball Handler | PG | 33 | 11 | -1.85 | $33.3M | $30.6M | birdRights | $63.9M | ||||
| Dejounte Murray Shot Creator | PG | 28 | 8 | 0.03 | $29.5M | $31.5M | $33.5M | $31.6M | birdRights | $94.6M | ||
| Bruce Brown Athletic Finisher | PG | 28 | 6 | -0.79 | $23.0M | capSpace | $0 | |||||
| Herbert Jones Stationary Shooter | SF | 26 | 3 | -1.98 | $12.9M | $13.9M | $14.8M | earlyBirdRights | $41.8M | |||
| Kelly Olynyk Stretch Big | C | 33 | 11 | -0.42 | $12.8M | $13.4M | birdRights | $26.2M | ||||
| Trey Murphy III Movement Shooter | SF | 3 | -0.36 | $5.1M | $25.0M | $27.0M | $29.0M | $31.0M | birdRights | $112.0M | ||
| Jordan Hawkins Off Screen Shooter | SG | 22 | 1 | -2.51 | $4.5M | $4.7M | $7.0M | rookieScaleException | $4.5M | |||
| Yves Missi Roll + Cut Big | C | 20 | 0 | -2.45 | $3.1M | $3.3M | $3.5M | $5.5M | rookieScaleException | $6.5M | ||
| Javonte Green Stationary Shooter | SG | 31 | 5 | -2.49 | $2.0M | minimum | $2.0M | |||||
| Karlo Matković Athletic Finisher | PF | 23 | 0 | -0.51 | $1.4M | $1.9M | $2.2M | secondRoundException | $3.3M | |||
| Antonio Reeves Movement Shooter | SG | 24 | 0 | -0.88 | $1.1M | $1.9M | $2.2M | secondRoundException | $3.1M | |||
Two-Way (3) | ||||||||||||
| Jamal Cain Stationary Shooter | SF | 25 | 2 | -1.13 | $0 | empty | $0 | |||||
| Brandon Boston Primary Ball Handler | SG | 23 | 3 | -2 | $0 | empty | $0 | |||||
| Keion Brooks Jr. Low Minute | F | 0 | -0.16 | $0 | empty | $0 | ||||||
Cap Holds (5) | ||||||||||||
| Willy Hernangomez Role Player | 8 | $4.8M | Bird | $0 | ||||||||
| Tony Snell Role Player | 11 | $2.0M | Non Bird | $0 | ||||||||
| Gary Clark Role Player | 6 | $1.8M | Non Bird | $0 | ||||||||
| Jared Harper Role Player | 5 | $1.8M | Two Way | $0 | ||||||||
| James Nunnally Role Player | 11 | $1.8M | Two Way | $0 | ||||||||
| Age | YoS | LBRN | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | Gtd | ||||
Average | 26.2 | 6.2 | -1.07 | $10.4M | $16.6M | $16.5M | $27.7M | $31.0M | $47.4M | |||
Guaranteed Total | $165.8M | $161.3M | $117.6M | $73.8M | $31.0M | $521.5M | ||||||
Inclusive Total | $178.4M | $166.0M | $132.7M | $111.1M | $31.0M | $521.5M | ||||||
Salary Cap | $140.5M | $154.6M | $170.1M | $187.1M | $205.8M | |||||||
Luxury Tax Threshold | $170.8M | $187.8M | $206.6M | $227.3M | $250.0M | |||||||
Apron | $178.1M | $195.9M | $215.5M | $237.0M | $260.7M | |||||||
Second Apron | $188.9M | $207.8M | $228.5M | $251.4M | $276.5M | |||||||
Bi-Annual Ex. | $4.6M | $5.1M | $5.6M | $6.2M | $6.8M | |||||||
Non-Taxpayer MLE | $12.8M | $14.1M | $15.5M | $17.0M | $18.7M | |||||||
Taxpayer MLE | $5.1M | $5.6M | $6.2M | $6.8M | $7.5M | |||||||
Room Ex. | $7.9M | $8.7M | $9.6M | $10.6M | $11.6M | |||||||
Cap Space | - $37.8M | - $11.4M | $37.3M | $76.0M | $174.8M | |||||||
Max Cap Space | - $25.2M | - $6.6M | $52.4M | $113.2M | $174.8M | |||||||
Luxury Tax Space | - $7.6M | $21.8M | $73.8M | $116.2M | $219.0M | |||||||
Apron Space | - $294K | $29.8M | $82.7M | $125.9M | $229.7M | |||||||
Second Apron Space | $10.5M | $41.7M | $95.7M | $140.3M | $245.5M | |||||||
Notes
The Pelicans are currently hard capped at the 1st apron for the 2024-2025 season
• Took back more than 100% of the aggregated outgoing salaries of Larry Nance Jr., Dyson Daniels, E.J. Liddell, and Cody Zeller in a trade for Dejounte Murray.
Pelicans cap sheet information was last updated .
If these numbers don't look right, feel free to email us at [email protected] or download the data and calculate the totals for yourself.
Depth Chart
SG
2
PF
4
*Change depth chart order to be based on stats (LEBRON) or salary cap impact by toggling the switch on the top right. Alternate positions a player might have in the rotation are listed underneath in italics/gray.
Trade Exceptions
Transactions
2024-2025
Bruce Brown
Traded to New Orleans (NOP) from Toronto (TOR) with Kelly Olynyk , 2026 1st round pick [IND pick] and 2031 2nd round pick [TOR pick] for Brandon IngramKelly Olynyk
Traded to New Orleans (NOP) from Toronto (TOR) with Bruce Brown Jr. , 2026 1st round pick [IND pick] and 2031 2nd round pick [TOR pick] for Brandon IngramKeion Brooks Jr.
Signed a Two-Way contract with New Orleans (NOP)Elfrid Payton
Signed a 1 year $2.49 million Rest-of-Season contract with New Orleans (NOP)Jaylen Nowell
Waived by New Orleans (NOP)Show More
Jaylen Nowell
Signed a Rest-of-Season contract with New Orleans (NOP)Trey Murphy III
Signed a 4 year $112 million rookie contract extension with New Orleans (NOP)Brandon Boston
Signed a Two-Way contract with New Orleans (NOP)Brandon Boston
Claimed off waivers by New Orleans (NOP)Trey Murphy III
Signed a 4 year $112 million Rookie Scale contract extension with New Orleans (NOP)Trhae Mitchell
Waived by New Orleans (NOP)Keion Brooks Jr.
Waived by New Orleans (NOP)Josh Oduro
Waived by New Orleans (NOP)Elfrid Payton
Waived by New Orleans (NOP)Trhae Mitchell
Signed a contract with New Orleans (NOP) - Exhibit 10Adonis Arms
Waived by New Orleans (NOP)Josh Oduro
Signed a contract with New Orleans (NOP) - Exhibit 10Elfrid Payton
Signed a contract with New Orleans (NOP) - Exhibit 10Jordan Hawkins
New Orleans (NOP) exercised $4.74 million option for 2025-26Adonis Arms
Signed a contract with New Orleans (NOP) - Exhibit 10Jose Alvarado
Signed a 2 year $9 million contract extension with New Orleans (NOP)Keion Brooks Jr.
Signed a contract with New Orleans (NOP) - Exhibit 10Matt Ryan
Signed a contract with New Orleans (NOP) - Exhibit 9Matt Ryan
Waived by New Orleans (NOP)Javonte Green
Signed a 1 year $2.43 million contract with New Orleans (NOP)Trey Jemison III
Claimed off waivers by New Orleans (NOP)Antonio Reeves
Signed a 3 year $5.4 million contract with New Orleans (NOP) via 2nd-round exceptionKarlo Matković
Signed a 3 year $5.4 million contract with New Orleans (NOP) via 2nd-round exceptionJamal Cain
Signed a Two-Way contract with New Orleans (NOP)Daniel Theis
Signed a 1 year $2.80 million contract with New Orleans (NOP)Yves Missi
Signed a 4 year $15.65 million rookie scale contract with New Orleans (NOP)Dejounte Murray
Traded to New Orleans (NOP) from Atlanta (ATL) for Larry Nance Jr., 2025 1st round pick [LAL pick] , 2027 1st round pick [least favorable of MIL/NOP pick, Top-4 protected] , Dyson Daniels, E.J. Liddell and Cody ZellerCody Zeller
Signed a 3 year $11.03 million contract with New Orleans (NOP) as part of a Sign-and-Trade with Atlanta (ATL)Cody Zeller
Signed a contract with New Orleans (NOP) as part of a Sign-and-Trade with Atlanta (ATL)Jonas Valančiūnas
Signed a 3 year $30.3 million contract with New Orleans (NOP) as part of a Sign-and-Trade with Washington (WAS)Dereon Seabron
New Orleans (NOP) declined $1.87 million Qualifying Offer; becomes an Unrestricted Free AgentDejounte Murray
Traded to New Orleans (NOP) from Atlanta (ATL) for Larry Nance Jr., 2025 1st round pick [LAL pick] , 2029 1st round pick [least favorable of MIL/NOP pick] , Dyson Daniels and E.J. LiddellJeremiah Robinson-Earl
New Orleans (NOP) exercised $2.20 million Club Option for 2024-25Jose Alvarado
New Orleans (NOP) exercised $1.99 million Club Option for 2024-25Antonio Reeves
Traded to New Orleans (NOP) from Orlando (ORL) for 2030 2nd round pick and 2031 2nd round pickYves Missi
Drafted by New Orleans (NOP): Round 1 (#21 overall)Matt Ryan
Signed a Rest-of-Season contract with New Orleans (NOP)Matt Ryan
Signed a 3 year Rest-of-Season contract with New Orleans (NOP) - includes 2025-26 Club OptionIzaiah Brockington
Signed a 10-day contract with New Orleans (NOP)Malcolm Hill
Signed a 2 year Two-Way contract with New Orleans (NOP)Malcolm Hill
Signed a Two-Way contract with New Orleans (NOP)Jalen Crutcher
Signed a 10-day contract with New Orleans (NOP)Malcolm Hill
Signed a Two-Way contract with New Orleans (NOP)Malcolm Hill
Signed a 2 year Two-Way contract with New Orleans (NOP)Jeremiah Robinson-Earl
Signed a 2 year Rest-of-Season contract with New Orleans (NOP) via converted Two-Way contract - includes 2024-25 Club OptionMalcolm Hill
Signed a 10-day contract with New Orleans (NOP)Malcolm Hill
Signed a 10-day contract with New Orleans (NOP)Incoming Draft Picks
| Year | Round | From |
|---|---|---|
2025 | 1 | MIL |
2025 | 1 | Own |
2026 | 1 | Own |
2026 | 1 | IND |
2027 | 1 | Own |
2027 | 2 | CHI |
2028 | 1 | Own |
2029 | 1 | Own |
2030 | 1 | Own |
2030 | 2 | Own |
2031 | 1 | Own |
2031 | 2 | TOR |
Outgoing Draft Picks
| Year | Round | To |
|---|---|---|
2025 | 2 | CHA |
2026 | 1 | NOP holds rights to swap |
2026 | 2 | BOS, SAS or WAS |
2027 | 1 | NOP holds rights to swap |
2027 | 2 | CHA or POR |
2028 | 2 | SAS |
2029 | 2 | SAS |
2031 | 2 | ORL holds rights to swap |