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 69th among the 444 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.