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 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= $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.

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