New Orleans Pelicans 2025 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 (25) | Pos | Age | YoS | LBRN | 2025-26 | 2026-27 | 2027-28 | 2028-29 | 2029-30 | Signed w/ | Gtd | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Zion Williamson Shot Creator | PF | 25 | 6 | 1.49 | $39.4M | $42.1M | $44.8M | birdRights | $126.4M | |||
| Jordan Poole Primary Ball Handler | SG | 26 | 6 | -1.74 | $31.8M | $34.0M | birdRights | $65.8M | ||||
| Dejounte Murray Shot Creator | PG | 29 | 9 | 0.24 | $30.8M | $32.7M | $30.7M | birdRights | $63.5M | |||
| Trey Murphy III Movement Shooter | SF | 25 | 4 | -0.95 | $25.0M | $27.0M | $29.0M | $31.0M | birdRights | $112.0M | ||
| Herbert Jones Stationary Shooter | SF | 27 | 4 | -1.84 | $13.9M | $14.8M | $20.8M | $22.5M | $24.1M | empty | $72.2M | |
| Kevon Looney Roll + Cut Big | C | 29 | 10 | 1.03 | $8.0M | $8.0M | nonTaxpayerMidLevelException | $8.0M | ||||
| Jeremiah Fears Slasher | PG | 19 | 0 | $7.5M | $7.8M | $8.2M | $10.5M | rookieScaleException | $15.4M | |||
| Saddiq Bey Movement Shooter | SF | 26 | 5 | $6.1M | $6.4M | nonTaxpayerMidLevelException | $12.5M | |||||
| Derik Queen Shot Creator | C | 21 | 0 | $5.1M | $5.4M | $5.6M | $8.1M | rookieScaleException | $10.5M | |||
| Jordan Hawkins Off Screen Shooter | SG | 23 | 2 | -2.83 | $4.7M | $7.0M | rookieScaleException | $0 | ||||
| Jose Alvarado Primary Ball Handler | PG | 27 | 4 | -1.14 | $4.5M | $4.5M | birdRights | $4.5M | ||||
| Yves Missi Athletic Finisher | C | 21 | 1 | -2.41 | $3.3M | $3.5M | $5.5M | rookieScaleException | $3.3M | |||
| Karlo Matković Roll + Cut Big | PF | 24 | 1 | -1.27 | $1.9M | $2.2M | secondRoundException | $1.9M | ||||
| Micah Peavy Low Minute | SG | 24 | 0 | $1.2M | $2.1M | $2.5M | $2.7M | secondRoundException | $5.9M | |||
Two-Way (3) | ||||||||||||
| Bryce McGowens Low Minute | SG | 23 | 3 | 0.06 | $0 | empty | $0 | |||||
| Hunter Dickinson Low Minute | C | 25 | 0 | $0 | empty | $0 | ||||||
| Trey Alexander Low Minute | SG | 22 | 1 | -1.29 | $0 | empty | $0 | |||||
Cap Holds (8) | ||||||||||||
| Willy Hernangomez Role Player | 9 | $4.6M | Bird | $0 | ||||||||
| Tony Snell Role Player | 12 | $2.2M | Non Bird | $0 | ||||||||
| Elfrid Payton Role Player | 11 | $2.2M | Early Bird | $0 | ||||||||
| Brandon Boston Role Player | 4 | $2.2M | Early Bird | $0 | ||||||||
| James Nunnally Role Player | 12 | $2.0M | Two Way | $0 | ||||||||
| Keion Brooks Jr. Role Player | 1 | $2.0M | Two Way | $0 | ||||||||
| Gary Clark Role Player | 7 | $2.0M | Non Bird | $0 | ||||||||
| Jared Harper Role Player | 6 | $2.0M | Two Way | $0 | ||||||||
| Age | YoS | LBRN | 2025-26 | 2026-27 | 2027-28 | 2028-29 | 2029-30 | Gtd | ||||
Average | 24.5 | 5.6 | -0.89 | $9.2M | $14.1M | $18.4M | $14.9M | $24.1M | $38.6M | |||
Guaranteed Total | $183.6M | $172.7M | $97.2M | $53.5M | $0 | $502.5M | ||||||
Inclusive Total | $203.3M | $198.1M | $147.5M | $74.8M | $24.1M | $502.5M | ||||||
Salary Cap | $154.6M | $166.0M | $174.3M | $183.0M | $192.1M | |||||||
Luxury Tax Threshold | $187.8M | $201.6M | $211.7M | $222.3M | $233.4M | |||||||
Apron | $195.9M | $210.6M | $220.8M | $231.8M | $243.4M | |||||||
Second Apron | $207.8M | $223.6M | $234.2M | $245.9M | $258.2M | |||||||
Bi-Annual Ex. | $5.1M | $5.5M | $5.7M | $6.0M | $6.3M | |||||||
Non-Taxpayer MLE | $14.1M | $15.1M | $15.8M | $16.6M | $17.5M | |||||||
Taxpayer MLE | $5.6M | $6.1M | $6.4M | $6.7M | $7.0M | |||||||
Room Ex. | $8.7M | $9.4M | $9.8M | $10.3M | $10.9M | |||||||
Cap Space | - $48.7M | - $32.1M | $26.7M | $108.1M | $167.9M | |||||||
Max Cap Space | - $29.0M | - $6.7M | $77.0M | $129.4M | $192.1M | |||||||
Luxury Tax Space | - $15.4M | $3.5M | $64.2M | $147.4M | $209.2M | |||||||
Apron Space | - $7.4M | $12.5M | $73.2M | $156.9M | $219.2M | |||||||
Second Apron Space | $4.4M | $25.5M | $86.6M | $171.0M | $234.0M | |||||||
Notes
The Pelicans are currently hard capped at the 1st apron for the 2025-2026 season
• Used more than taxpayer portion ($5,685,000.00) of their mid-level exception to sign Kevin Looney.
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
*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.
Transactions
2025-2026
DeAndre Jordan
Signed a 1 year $3.59 million Rest-of-Season contract with New Orleans (NOP)Jaden Springer
Waived by New Orleans (NOP); leaves behind $70,732 in dead capJordan Hawkins
New Orleans (NOP) exercised $7.02 million option for 2026-27Yves Missi
New Orleans (NOP) exercised $3.51 million option for 2026-27D.J. Carton
Waived by New Orleans (NOP)Show More
D.J. Carton
Signed a contract with New Orleans (NOP) - Exhibit 10Jalen McDaniels
Waived by New Orleans (NOP)Jalen McDaniels
Signed a contract with New Orleans (NOP) - Exhibit 10Jalen McDaniels
Signed a contract with New Orleans (NOP) - Exhibit 9Jaden Springer
Signed a contract with New Orleans (NOP) - Exhibit 9Bryce McGowens
Signed a Two-Way contract with New Orleans (NOP)Lester Quinones
Waived by New Orleans (NOP)Herbert Jones
Signed a 3 year $68 million contract extension with New Orleans (NOP)Herbert Jones
Signed a 3 year $67.58 million contract extension with New Orleans (NOP) - includes 2027-28 Player OptionKevon Looney
Signed a 2 year $16 million contract with New Orleans (NOP) - includes 2026-27 Club OptionKevon Looney
Signed a 2 year $16 million contract with New Orleans (NOP)Micah Peavy
Signed a contract with New Orleans (NOP) via 2nd-round exception - includes 2028-29 Club OptionJordan Poole
Traded to New Orleans (NOP) from Washington (WAS) as part of a 3-team trade: Houston (HOU) traded Cam Whitmore to Washington (WAS); Washington (WAS) traded 2026 2nd round pick and 2029 2nd round pick to Houston (HOU); Washington (WAS) traded Saddiq Bey and Micah Peavy to New Orleans (NOP); New Orleans (NOP) traded Mojave King to Houston (HOU); New Orleans (NOP) traded C.J. McCollum, Kelly Olynyk and 2027 2nd round pick to Washington (WAS)Saddiq Bey
Traded to New Orleans (NOP) from Washington (WAS) as part of a 3-team trade: Houston (HOU) traded Cam Whitmore to Washington (WAS); Washington (WAS) traded 2026 2nd round pick and 2029 2nd round pick to Houston (HOU); Washington (WAS) traded Jordan Poole and Micah Peavy to New Orleans (NOP); New Orleans (NOP) traded Mojave King to Houston (HOU); New Orleans (NOP) traded C.J. McCollum, Kelly Olynyk and 2027 2nd round pick to Washington (WAS)Micah Peavy
Traded to New Orleans (NOP) from Washington (WAS) as part of a 3-team trade: Houston (HOU) traded Cam Whitmore to Washington (WAS); Washington (WAS) traded 2026 2nd round pick and 2029 2nd round pick to Houston (HOU); Washington (WAS) traded Jordan Poole and Saddiq Bey to New Orleans (NOP); New Orleans (NOP) traded Mojave King to Houston (HOU); New Orleans (NOP) traded C.J. McCollum, Kelly Olynyk and 2027 2nd round pick to Washington (WAS)Derik Queen
Signed a 4 year $24.36 million Rookie Scale contract with New Orleans (NOP)Jeremiah Fears
Signed a 4 year $34.29 million Rookie Scale contract with New Orleans (NOP)Trey Alexander
Signed a Two-Way contract with New Orleans (NOP)Antonio Reeves
Waived by New Orleans (NOP)Hunter Dickinson
Signed a Two-Way contract with New Orleans (NOP)Keion Brooks Jr.
New Orleans (NOP) declined Qualifying Offer; becomes an Unrestricted Free AgentElfrid Payton
New Orleans (NOP) declined $3.15 million Club Option for 2025-26Brandon Boston
New Orleans (NOP) declined $2.35 million Club Option for 2025-26Jeremiah Fears
Drafted by New Orleans (NOP): Round 1 (#7 overall)Derik Queen
Traded to New Orleans (NOP) from Atlanta (ATL) for 2026 1st round pick [most favorable of NOP/MIL] and Asa NewellAsa Newell
Drafted by New Orleans (NOP): Round 1 (#23 overall)Saddiq Bey
Traded to New Orleans (NOP) from Washington (WAS) with Jordan Poole for C.J. McCollum, Kelly Olynyk, future 2nd-round pick and [will process on July 6]Jordan Poole
Traded to New Orleans (NOP) from Washington (WAS) with Saddiq Bey for C.J. McCollum, Kelly Olynyk, future 2nd-round pick and [will process on July 6]Elfrid Payton
Signed a 2 year Rest-of-Season contract with New Orleans (NOP)Kylor Kelley
Signed a 10-day contract with New Orleans (NOP)Elfrid Payton
Signed a 10-day contract with New Orleans (NOP)Mo Bamba
Signed a 10-day contract with New Orleans (NOP)Lester Quinones
Signed a 2 year Two-Way contract with New Orleans (NOP)Jalen Crutcher
Signed a Two-Way contract with New Orleans (NOP)Brandon Boston
Signed a 2 year Rest-of-Season contract with New Orleans (NOP) via converted Two-Way contract - includes 2025-26 Club OptionJavonte Green
Waived by New Orleans (NOP) - agreed to buyoutKelly 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 IngramBruce 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 IngramKeion Brooks Jr.
Signed a Two-Way contract with New Orleans (NOP)Incoming Draft Picks
| Year | Round | From |
|---|---|---|
2027 | 1 | Own |
2028 | 1 | Own |
2029 | 1 | Own |
2030 | 1 | Own |
2030 | 2 | Own |
2031 | 1 | Own |
2031 | 2 | TOR |
2032 | 1 | Own |
2032 | 2 | Own |
Outgoing Draft Picks
| Year | Round | To |
|---|---|---|
2026 | 1 | ATL 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 |