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Micah Peavy Contract & Salary

Micah Peavy is a SG for the New Orleans Pelicans, earning $2,150,917 in 2026-27. Contract runs through 2028-29 ($2,150,917 guaranteed). Flagged years: 2027-28 non-guaranteed, 2028-29 team option.

Updated · 2026–27 season

Micah Peavy is on the books for $2,150,917 in 2026–27, the 15th largest cap hit on the New Orleans Pelicans roster and 1.1% of the team's $194.7M payroll.

That ranks 423rd among the 437 players with a 2026–27 salary on the books, and eats 1.3% of the $165.0M salary cap.

The deal has 3 seasons left on it, running through 2028-29, worth $2,150,917 in guaranteed money.

Not every year is locked in: 2027-28 non-guaranteed, 2028-29 team option.

At 1.3% of the $165.0M cap, that is near the veteran minimum end of the scale.

He is one of 15 players on the New Orleans Pelicans' books for 2026–27, whose 2026–27 salaries add up to $194,656,741.

New Orleans Pelicans sit at $194.7M in payroll and are currently classified Over Cap, with +$7.4M of room below the first apron.

Micah Peavy
SG New Orleans Pelicans · age 25
2026–27 Salary
$2.15M
% of Cap
1.3%
Years Remaining
3
Total Guaranteed
$2.15M
Contract by Season
SeasonSalary% of CapNote
2026-27$2,150,9171.3%
2027-28$2,525,9011.5%Non-guaranteed
2028-29$2,735,6981.7%team option
2029-30UFA / $3M—
2030-31——
New Orleans Pelicans Cap Context
Team PayrollCap SpaceTax Room1st Apron Room2nd Apron Room
$194.7M-$29.7M+$5.8M+$7.4M+$20.1M
Highest-Paid New Orleans Pelicans Teammates
PosPlayerAge2026-27% of Cap
PFZion Williamson26$42,166,51025.6%
SGJordan Poole27$34,044,64220.6%
PGDejounte Murray29$32,785,07119.9%
SFTrey Murphy III26$27,000,00016.4%
SFHerb Jones27$14,898,7869.0%
PGJeremiah Fears19$7,896,2404.8%
Comparable 2026-27 Contracts
RankPlayerTeam2026-27vs Peavy
416Ryan NembhardAtlanta Hawks$2,150,917+$0
417Tyrese ProctorCleveland Cavaliers$2,150,917+$0
418Chaz LanierDetroit Pistons$2,150,917+$0
419Will RichardGolden State Warriors$2,150,917+$0
420Johni BroomeLos Angeles Clippers$2,150,917+$0