Salary Cap Snapshot: New Orleans Pelicans

With the free agent signing period winding down and teams looking ahead to the preseason, we at Hoops Rumors will be tracking the Salary Cap figures for each team around the league.  These posts will be maintained throughout the season once financial data is reported. They will be located on the sidebar throughout the year, once all the teams’ cap figures have been relayed. You can always check RosterResource.com for up-to-date rosters for each franchise, with the Pelicans’ team page accessible here.

Here’s a breakdown of where the Pelicans currently stand financially:

Guaranteed Salary

• Anthony Davis —$22,116,750
• DeMarcus Cousins —$16,957,900
• Solomon Hill —$11,709,603 [Year-end cap hit adjusted due to bonus]
• Jrue Holiday —$11,286,518
• Omer Asik —$9,904,494
• E’Twaun Moore —$8,081,363
• Alexis Ajinca —$4,638,203
• Quincy Pondexter —$3,617,978
• Dante Cunningham —$2,978,250
• Omri Casspi —$2,963,814 [Waived by team]
• Tim Frazier —$2,090,000
• Alonzo Gee —$1,400,000 [Waived by team]
• Terrence Jones —$980,431 [Waived by team; Actual Salary — $1,050,961]
• Lance Stephenson —$584,766 [Waived by team; Pelicans paid non-guaranteed salary until he recovered from groin surgery]
• Donatas Motiejunas —$576,724 [Actual Salary — $618,212]
• Cheick Diallo —$543,471
• Reggie Williams —$180,483 [Waived by team]
• Jordan Crawford — $173,099
• Anthony Brown —$108,043 [Waived by team]
• Archie Goodwin —$95,595 [Waived by team]
• Hollis Thompson — $57,672 [10-day contract (Feb 23); actual salary — $59,747]
• Jarrett Jack — $57,672 [10-day contract (Feb 24); actual salary — $91,274]
• Reggie Williams — $57,672 [10-day contract (Feb 25); actual salary — $72,193]
• Hollis Thompson — $57,672 [10-day contract (Mar 6); actual salary — $59,747]
• Jordan Crawford — $57,672 [10-day contract (Mar 6); actual salary — $61,821]
• Wayne Selden — $31,969 [10-day contract (Mar 8)]
• Quinn Cook — $31,969 [10-day contract (Mar 19)]
• Quinn Cook — $31,969 [10-day contract (Mar 29)]
• Axel Toupane —$25,725
• Quinn Cook — $15,984

Total Guaranteed Salary= $101,413,461

Cash Sent Out Via Trade: $0 [Amount Remaining $3.5MM]

Cash Received Via Trade: $400K received from Heat in Luke Babbitt trade [Amount Remaining $3.1MM]

Payroll Exceptions Available

• Trade Exception — $3,517,200 (Buddy Hield trade) — Expires on 2/20/18
• Room Exception — $808,000 remaining [Used $2,090,000 to sign Tim Frazier]
  

Total Projected Payroll: $101,413,461

Salary Cap: $94,143,000

Estimated Available Cap Space: –$7,270,461

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $11,873,539

Last Updated: 4/15/17

The Basketball Insiders salary pages and The Vertical’s salary database were used in the creation of this post.