Grayson Allen Contract & Salary
Grayson Allen is a SG for the Charlotte Hornets, earning $18,125,000 in 2026-27. Contract runs through 2027-28 ($37,500,000 guaranteed). Flagged years: 2027-28 player option.
Updated · 2026–27 season
Grayson Allen is on the books for $18,125,000 in 2026–27, the 3rd largest cap hit on the Charlotte Hornets roster and 10.1% of the team's $179.7M payroll.
That ranks 100th among the 444 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 30, this contract runs through his age-31 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 17 players on the Charlotte Hornets' books for 2026–27, whose 2026–27 salaries add up to $179,704,708.
Charlotte Hornets sit at $179.7M in payroll and are currently classified Over Cap, with +$28.8M of room below the first apron.
| Season | Salary | % of Cap | Note |
|---|---|---|---|
| 2026-27 | $18,125,000 | 11.0% | |
| 2027-28 | $19,375,000 | 11.7% | player option |
| 2028-29 | UFA / $29.1M | — | |
| 2029-30 | — | — | |
| 2030-31 | — | — |
| Team Payroll | Cap Space | Tax Room | 1st Apron Room | 2nd Apron Room |
|---|---|---|---|---|
| $179.7M | -$14.7M | +$20.7M | +$28.8M | +$41.5M |
| Pos | Player | Age | 2026-27 | % of Cap |
|---|---|---|---|---|
| PG | Coby White | 26 | $26,811,593 | 16.3% |
| C | Naz Reid | 27 | $23,275,862 | 14.1% |
| SF | Brandon Miller | 23 | $15,104,626 | 9.2% |
| PG | Dennis Schröder | 33 | $14,809,200 | 9.0% |
| PF | Grant Williams | 27 | $14,265,750 | 8.6% |
| PF | Dorian Finney-Smith | 33 | $14,196,974 | 8.6% |
| Rank | Player | Team | 2026-27 | vs Allen |
|---|---|---|---|---|
| 101 | Wendell Carter Jr. | Orlando Magic | $18,102,000 | -$23,000 |
| 102 | Toumani Camara | Portland Trail Blazers | $18,080,358 | -$44,642 |
| 103 | Patrick Williams | Chicago Bulls | $18,000,000 | -$125,000 |
| 104 | Keldon Johnson | San Antonio Spurs | $18,000,000 | -$125,000 |
| 105 | Luguentz Dort | Atlanta Hawks | $17,722,222 | -$402,778 |