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.

Grayson Allen
SG Charlotte Hornets · age 30
2026–27 Salary
$18.13M
% of Cap
11.0%
Years Remaining
2
Total Guaranteed
$37.50M
Contract by Season
SeasonSalary% of CapNote
2026-27$18,125,00011.0%
2027-28$19,375,00011.7%player option
2028-29UFA / $29.1M
2029-30
2030-31
Charlotte Hornets Cap Context
Team PayrollCap SpaceTax Room1st Apron Room2nd Apron Room
$179.7M-$14.7M+$20.7M+$28.8M+$41.5M
Highest-Paid Charlotte Hornets Teammates
PosPlayerAge2026-27% of Cap
PGCoby White26$26,811,59316.3%
CNaz Reid27$23,275,86214.1%
SFBrandon Miller23$15,104,6269.2%
PGDennis Schröder33$14,809,2009.0%
PFGrant Williams27$14,265,7508.6%
PFDorian Finney-Smith33$14,196,9748.6%
Comparable 2026-27 Contracts
RankPlayerTeam2026-27vs Allen
101Wendell Carter Jr.Orlando Magic$18,102,000-$23,000
102Toumani CamaraPortland Trail Blazers$18,080,358-$44,642
103Patrick WilliamsChicago Bulls$18,000,000-$125,000
104Keldon JohnsonSan Antonio Spurs$18,000,000-$125,000
105Luguentz DortAtlanta Hawks$17,722,222-$402,778