Trey Murphy III Contract & Salary

Trey Murphy III is on the books for $27,000,000 in 2026-27, the 4th largest cap hit on the New Orleans Pelicans roster and 13.8% of the team's $196.2M payroll.

That ranks 70th among the 434 players with a 2026-27 salary on the books, and eats 16.4% of the $165.0M salary cap.

The deal has 3 seasons left on it, running through 2028-29, worth $87,000,000 in guaranteed money.

The money climbs as it goes: $27,000,000 in the first year up to $31,000,000 in the last, a 15% rise across the deal.

Every remaining year is fully guaranteed — no options and no non-guaranteed money, so the full amount is owed regardless of what happens.

At 26, the deal covers his age-26 through age-28 seasons — the prime years teams are usually paying a premium for.

He is the 4th highest-paid of the 15 players on the roster, in the middle of the pay structure.

He is one of 15 players on the New Orleans Pelicans' books for 2026-27, whose 2026-27 salaries add up to $196,221,049.

New Orleans Pelicans sit at $196.2M in payroll and are currently classified Over Cap, with +$5.7M of room below the first apron.