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. The next franchise we’ll be looking at are the New Orleans Pelicans, who currently are over the league’s salary cap of $94,143,000 for the 2016/17 season. You can always check 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

Total Guaranteed Salary= $97,799,631

Non-Guaranteed Salary

  • Robert Sacre —$980,431 [Actual Salary — $1,050,961] *Salary Fully Guaranteed on 1/10/17
  • Chris Copeland —$980,431 [Actual Salary — $1,050,961] *Salary Fully Guaranteed on 1/10/17
  • Shawn Dawson —$543,471 *Salary Fully Guaranteed on 1/10/17

Total Non-Guaranteed Salary= $2,504,333

Eligible for Rookie Scale Extensions: None

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

Cash Received Via Trade: TBD — undisclosed amount received from Heat in Luke Babbitt trade  [Amount Remaining $3.5MM]

Payroll Exceptions Available

  • Room Exception — $808,000 remaining

Total Projected Payroll: $100,303,964

Salary Cap: $94,143,000

Estimated Available Cap Space: $6,160,964

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $12,983,036

The Basketball Insiders salary pages were used in the creation of this post.

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30 days 33 minutes ago

looking at Holiday and Hill’s contract no wonder they can’t compete in the west


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