New Orleans Pelicans
2026-27 Cap Sheet • Western • Southwest
Under the Cap
Cap Space / Cap Room
Fundamentals
The difference between a team's current salary and the salary cap. Teams with cap space can sign free agents or absorb salary in trades without sending matching salary out.
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Hard Capped at 1st Apron
Hard Cap
Fundamentals
A strict salary limit that cannot be exceeded under any circumstances. Teams become hard-capped by certain actions: using the NTMLE (hard-capped at first apron), using the BAE (first apron), receiving a sign-and-trade (first apron), or aggregating salaries (second apron).
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Under the Cap
Cap Space / Cap Room
Fundamentals
The difference between a team's current salary and the salary cap. Teams with cap space can sign free agents or absorb salary in trades without sending matching salary out.
Open in glossary →
Hard Capped at 1st Apron
Hard Cap
Fundamentals
A strict salary limit that cannot be exceeded under any circumstances. Teams become hard-capped by certain actions: using the NTMLE (hard-capped at first apron), using the BAE (first apron), receiving a sign-and-trade (first apron), or aggregating salaries (second apron).
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Give NOLA A Fresh Start
Viewing a shared scenario. Clone it to make your own edits.
Scenario Trades (5)
Trade with MEM
Valid
Sent: Zion Williamson
Received: D'Angelo Russell, Jerami Grant
Picks in: 2031 Rnd 1, 2032 Rnd 1
TPE: $2.0M
Trade with DET
Valid
Sent: Trey Murphy III
Received: Duncan Robinson, Kevin Huerter
Picks in: 2032 Rnd 1, 2030 Rnd 1
TPE: $1.5M
Trade with IND
Valid
Sent: Herb Jones
Received: Obi Toppin
Picks in: 2027 Rnd 1
Trade with BKN
Valid
Sent: Jordan Poole
Received: Terance Mann, Day'Ron Sharpe
Picks out: 2032 Rnd 1
TPE: $8.5M
Trade with CHI, MEM
Valid
Sent: Dejounte Murray
Received: Tre Jones, Taj Gibson
Picks in: Swap: least favorable of DET/MIL/NYK 2029 2nd
TPE: $21.0M
Team Salary
$161.8M
98.1% of cap
+ $22.1M cap holds
Cap Hold
Fundamentals
A placeholder amount charged against a team's cap for free agents whose rights they hold. Cap holds count toward team salary even though no contract exists. Teams must renounce a player's rights to remove the cap hold, but doing so means losing the ability to re-sign that player using Bird rights.
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$183.9M
Salary Cap
Salary Cap
Fundamentals
The maximum amount a team can spend on player salaries, set annually by the NBA based on Basketball Related Income (BRI). For 2025-26, the salary cap is $154,647,000. Unlike the NFL, the NBA's cap is a "soft cap" — teams can exceed it using various exceptions.
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$165.0M
Cap Space
Cap Space / Cap Room
Fundamentals
The difference between a team's current salary and the salary cap. Teams with cap space can sign free agents or absorb salary in trades without sending matching salary out.
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$3.2M
w/ holds:
-$18.9M
Tax Line
Luxury Tax Line
Thresholds
The salary threshold above which teams must pay the luxury tax. Set at $187,895,000 for 2025-26. Separate from the salary cap — a team can be over the cap without paying tax.
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$201.0M
Tax Bill
Luxury Tax
Fundamentals
A dollar-for-dollar (or more) penalty paid by teams whose total salary exceeds the luxury tax line. For 2025-26, the tax line is $187,895,000. Tax rates increase with each bracket and are higher for repeat offenders.
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$0
Roster
Roster Limits
Roster
NBA teams can carry up to 15 players on standard contracts plus up to 3 two-way contracts (18 total). The minimum is 14 on opening day and 13 during the season. If a team has fewer than 12 players, an incomplete roster charge is assessed for each missing spot.
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16/15
+2/3
Cap Position
Cap
Tax
1st
2nd
HARD CAP
Hard Cap
Fundamentals
A strict salary limit that cannot be exceeded under any circumstances. Teams become hard-capped by certain actions: using the NTMLE (hard-capped at first apron), using the BAE (first apron), receiving a sign-and-trade (first apron), or aggregating salaries (second apron).
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at $209.0M
— Non-Taxpayer MLE
($47.2M room)
Cap
Salary Cap
Fundamentals
The maximum amount a team can spend on player salaries, set annually by the NBA based on Basketball Related Income (BRI). For 2025-26, the salary cap is $154,647,000. Unlike the NFL, the NBA's cap is a "soft cap" — teams can exceed it using various exceptions.
Open in glossary →
$165.0M
Tax
Luxury Tax Line
Thresholds
The salary threshold above which teams must pay the luxury tax. Set at $187,895,000 for 2025-26. Separate from the salary cap — a team can be over the cap without paying tax.
Open in glossary →
$201.0M
1st Apron
First Apron
Thresholds
The first tax apron ($195,945,000 in 2025-26) restricts teams from using the non-taxpayer MLE, bi-annual exception, sign-and-trades to acquire players, and prior-year TPEs. Teams above the first apron can only take back 100% of outgoing salary in trades.
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$209.0M
2nd Apron
Second Apron
Thresholds
The second tax apron ($207,824,000 in 2025-26) imposes the strictest restrictions. Teams above it cannot: aggregate salaries in trades, send cash in trades, use any MLE, send players via sign-and-trade, or trade first-round picks 7 years out. Their distant first-round picks are also "frozen."
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$222.0M
Team $161.8M
w/ Holds
Cap Hold
Fundamentals
A placeholder amount charged against a team's cap for free agents whose rights they hold. Cap holds count toward team salary even though no contract exists. Teams must renounce a player's rights to remove the cap hold, but doing so means losing the ability to re-sign that player using Bird rights.
Open in glossary →
$183.9M
Cap Hold
Fundamentals
A placeholder amount charged against a team's cap for free agents whose rights they hold. Cap holds count toward team salary even though no contract exists. Teams must renounce a player's rights to remove the cap hold, but doing so means losing the ability to re-sign that player using Bird rights.
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Season
Swipe salaries to change year. Contract totals include remaining option years, not cap holds.
| # | Player | Pos | Age | 26-27 | 27-28 | 28-29 | 29-30 | 30-31 |
|---|---|---|---|---|---|---|---|---|
| 1 |
Jerami Grant
via MEM
|
PF | 32 | $34.2M | $36.4M PO | $41.3M | — | — |
| 2 |
Duncan Robinson
via DET
|
SF | 32 | $16.0M NG | $15.2M | $18.2M | — | — |
| 3 |
Terance Mann
via BKN
|
SG | 29 | $15.5M | $16.0M | $19.2M | — | — |
| 4 |
Obi Toppin
via IND
|
PF | 28 | $15.0M | $16.0M | $19.2M | — | — |
| 5 |
Day'Ron Sharpe
via BKN
|
C | 24 | $10.0M | $10.0M TO NG | $12.0M | — | — |
| 6 |
Kevin Huerter
via DET
|
SG | 28 | $9.5M | $8.7M | $8.7M TO NG | $10.5M | — |
| 7 |
Tre Jones
via CHI
|
PG | 26 | $8.0M | $8.0M TO | $9.6M | — | — |
| 8 |
Jeremiah Fears
|
PG | 19 | $7.9M | $8.3M TO | $10.5M TO | $31.5M | — |
| 9 |
Bennedict Mathurin
|
SG | 24 | $7.5M | $7.9M PO | $15.0M | — | — |
| 10 |
Saddiq Bey
|
SF | 27 | $6.6M | $12.2M | — | — | — |
| 11 |
D'Angelo Russell
via MEM
|
PG | 30 | $6.0M | $7.2M | — | — | — |
| 12 |
Derik Queen
|
C | 21 | $5.4M | $5.7M TO | $8.1M TO | $24.3M | — |
| 13 |
DeAndre Jordan
|
C | 38 | $3.9M | $4.1M | $5.3M | — | — |
| 14 |
Yves Missi
|
C | 22 | $3.5M | $5.6M TO | $16.8M | — | — |
| 15 |
AJ Johnson
|
PG | 21 | $3.2M | $5.5M TO | $16.5M | — | — |
| 16 |
Brandon Boston
|
SG | 24 | $2.5M | — | — | — | — |
| 17 |
Josh Oduro
|
C | 25 | $2.5M | — | — | — | — |
| 18 |
Elfrid Payton
|
PG | 32 | $2.5M | — | — | — | — |
| 19 |
Trendon Watford
|
PF | 25 | $2.4M NG | $2.5M | — | — | — |
|
Dead Money
(4 players)
|
||||||||
| — |
Taj Gibson
Bought Out
|
— | — | $148K | — | — | — | — |
| — |
Karlo Matkovic
Waived
|
— | — | $2.3M | — | — | — | — |
| — |
Bryce McGowens
Waived
|
— | — | $2.6M | — | — | — | — |
| — |
Micah Peavy
Waived
|
— | — | $2.2M | $2.5M | — | — | — |
|
Two-Way Contracts
(2 of 3 slots • not counted against the cap or the 15-man roster)
|
||||||||
| — |
Malik Dia
Two-Way
|
PF | 22 | $678K | — | — | — | — |
| — |
Jaron Pierre Jr.
Two-Way
|
SG | 24 | $678K | — | — | — | — |
| Total | $161.8M ($183.9M) | $149.8M ($171.7M) | $27.4M ($200.3M) | $0 ($66.3M) | $0 ($0) | |||
| Cap Space | -$18.9M | $9.8M | -$692K | $153.3M | $241.6M | |||
| 1st Apron Space | $47.2M | $80.1M | $225.5M | $278.2M | $306.0M | |||
| 2nd Apron Space | $60.2M | $94.4M | $241.3M | $295.5M | $325.0M | |||
Legend:
Regular = under contract • Orange
=
Cap Hold
Fundamentals
A placeholder amount charged against a team's cap for free agents whose rights they hold. Cap holds count toward team salary even though no contract exists. Teams must renounce a player's rights to remove the cap hold, but doing so means losing the ability to re-sign that player using Bird rights.
Open in glossary →
• Blue
= projected/edited • Struck
= option declined • PO
Player Opt • TO
Team Opt • ETO
Early Term • NG
= non-guaranteed •
Cap projections assume ~10% annual growth