Grayson Allen Contract & Salary

Grayson Allen is on the books for $18,125,000 in 2026-27, the 3rd largest cap hit on the Charlotte Hornets roster and 11.2% of the team's $161.7M payroll.

That ranks 101st among the 434 players with a 2026-27 salary on the books, and eats 11.0% of the $165.0M salary cap.

The deal has 2 seasons left on it, running through 2027-28, worth $37,500,000 in guaranteed money.

The money climbs as it goes: $18,125,000 in the first year up to $19,375,000 in the last, a 7% rise across the deal.

Not every year is locked in: 2027-28 player option.

The option year belongs to the player, not the team — he decides whether to take the money or return to the market, so the team cannot count on it either way.

At 31, this contract runs through his age-32 season, so the back end lands after the usual peak.

He is one of the three highest-paid players on the roster, which puts him in the group the payroll is actually built around.

He is one of 15 players on the Charlotte Hornets' books for 2026-27, whose 2026-27 salaries add up to $161,691,873.

Charlotte Hornets sit at $161.7M in payroll and are currently classified Over Cap, with +$37.5M of room below the first apron.