New Orleans Pelicans 2026-27 Salary Cap Sheet

Updated · 2026-27 season

New Orleans Pelicans
2026-27 Salary Cap Sheet
Payroll
$196.2M
Cap Space
Over cap by $31.4M
Tax Room
+$4.1M
1st Apron Room
+$5.7M
2nd Apron Room
+$18.4M
Hard Cap
None
Over Cap

Cap Position

Payroll$196.2M
Salary Cap$165.0M
Luxury Tax$200.4M
1st Apron$209.0M
2nd Apron$221.7M
KEYTeam OptionPlayer OptionMutual OptionEstimated SalaryNon-Guaranteed
Active Roster15/15 + 3/3
PosPlayerAge2026-272027-282028-292029-302030-31Notes
PFZion Williamson26$42.17M$44.89MUFA / $53.9M——
SGJordan Poole27$34.04MUFA / $51.3M———
PGDejounte Murray30$32.79M$30.75MUFA / $46.1M——
SFTrey Murphy III26$27.00M$29.00M$31.00MUFA / $46.5M—
SFHerb Jones28$14.90M$20.86M$22.53M$24.20MUFA / $36.3M
PGJeremiah Fears20$7.90M$8.27M$10.51MRFA / $31.5M—
SGBennedict Mathurin24$7.50M$7.88MUFA / $10.6M——
SFSaddiq Bey27$6.56M$17.13M$18.50M$19.87MRFA / $12.2M
CDerik Queen21$5.42M$5.67M$8.11MRFA / $24.3M—
CDeAndre Jordan38$3.88M$4.07MUFA / $2.7M——
CYves Missi22$3.51M$5.60MRFA / $16.8M——
PGA.J. Johnson21$3.24M$5.49MRFA / $16.5M——
SGBryce McGowens23$2.58M$2.93MUFA / $2.7M——
PFTrendon Watford25$2.45MUFA / $2.6M———
PFKarlo Matkovic25$2.30MRFA / $3.1M———
PFMalik Dia22Two-Way————Year 1
GJaron Pierre Jr24Two-Way————Year 1
CJulian Reese23Two-Way————Year 2
Total$196.22M
Dead Money
PosPlayerAge2026-272027-282028-292029-302030-31Notes
CTaj Gibson41$148,828————
Total$148,828
Cap Holds
PosPlayerAge2026-272027-282028-292029-302030-31Notes
CWilly Hernangomez32$4.64M$4.95M$5.28M$5.64M$6.02M
SGTony Snell34$2.45M$2.61M$2.79M$2.97M$3.17M
PGElfrid Payton32$2.45M$2.61M$2.79M$2.97M$3.17M
SGBrandon Boston Jr24$2.45M$2.61M$2.79M$2.97M$3.17M
CJosh Oduro26$2.19M————
SFJames Nunnally36$2.19M$2.33M$2.49M$2.65M$2.83M
PGJared Harper29$2.19M$2.33M$2.49M$2.65M$2.83M
PFGary Clark31$2.19M$2.33M$2.49M$2.65M$2.83M
Total$20.73M
Summary
CAP2026-272027-282028-292029-302030-31
Salary Cap$164,961,000$176,000,000$187,778,000$200,344,000$213,751,000
Active Salary$196,221,049$182,541,679$90,640,271$44,065,998
Dead Money$148,828
Luxury Tax Total$196,369,877$182,541,679$90,640,271$44,065,998
Luxury Tax Room$4,058,123$31,298,321$137,509,729$199,352,002$259,707,000
Apron Total$203,288,678$182,541,679$90,640,271$44,065,998
1st Apron Space$5,726,322$40,460,321$147,284,729$209,781,002$270,834,000
2nd Apron Space$18,397,322$53,979,321$161,708,729$225,170,002$287,253,000
Cap Holds$20,731,531$19,787,517$21,111,678$22,524,448$24,031,756
Total Cap Allocations$217,101,408$202,329,196$111,751,949$66,590,446$24,031,756
Cap Space (after holds)-$52,140,408-$26,329,196$76,026,051$133,753,554$189,719,244

The New Orleans Pelicans carry $196,221,049 in salary for 2026-27, the 16th largest payroll in the league.

That is $31.4M over the $165.0M salary cap, so the roster gets built through exceptions, re-signings and trades rather than cap space.

They sit +$4.1M below the $200.4M luxury-tax line and are not projected to pay tax this season.

With +$5.7M of room below the first apron and +$18.4M below the second, they keep the full set of exceptions and the ordinary salary-matching rules in a trade.

This team has 15 players on standard contracts and 3 two-way deals.

Zion Williamson is the largest cap hit on the roster at $42,166,510, 21.5% of team payroll, ahead of Jordan Poole ($34.0M) and Dejounte Murray ($32.8M).

They have $17,021,000 of spending power available across 3 exceptions, the largest a $7.0M Non-taxpayer Mid-Level.

Committed salary drops to $182,541,679 for 2027-28, held by 12 players still under contract, against a projected $176,000,000 cap.