Salary Central: Cap Room

Pending updates from 2013-2014 offseson

New Orleans Pelicans Player Salary and Cap Holds

Name 2013-14 2014-15 2015-16 2016-17 2017-18
Eric Gordon $14,283,844 $14,898,958 $15,514,031    
Jrue Holiday $9,213,484 $9,904,495 $10,595,507 $11,286,518  
Ryan Anderson $8,308,500 $8,491,500 $8,500,000    
Anthony Davis $5,375,760 $5,607,240 $7,070,730 ($9,191,949)  
Robin Lopez $5,119,761% $5,340,229      
Jason Smith $2,500,000        
Austin Rivers $2,339,040 $2,439,840 $3,110,796 ($4,236,904)  
Greivis Vasquez $2,150,188 ($3,203,780)      
Lance Thomas $884,293 ($1,148,163)      
Brian Roberts $788,872% ($1,115,243)      
Darius Miller $788,872 ($1,115,243)      
Terrel Harris $884,293% ($1,148,163)      
Al-Farouq Aminu $3,749,601        
Xavier Henry $3,201,369        
Roger Mason Jr. $884,293        
Louis Amundson $884,293        
           
Guaranteed $44,670,816 $33,294,953 $19,095,507 $11,286,518  
Total $52,636,907 $46,682,262 $44,791,064 $11,286,518  
Cap Holds $8,719,556 ($7,730,592)   ($13,428,853)  
Non-Simultaneous Trade Residual $0        
Non-Taxpayer Mid-Level Exception $5,150,000 $5,305,000 $5,464,000 $5,628,000 $5,797,000
Taxpayer Mid-Level Exception $3,183,000 $3,278,000 $3,376,000 $3,477,000 $3,581,000
Room Mid-Level Exception $2,652,000 $2,732,000 $2,814,000 $2,828,000 $2,985,000
Bi-Annual Exception $2,016,000 $2,077,000 $2,139,000 $2,203,000 $2,269,000
Minimum Salary Exception, 2-Year $884,293 $915,243 $947,276 $980,431 $1,014,746
Minimum Salary Exception, 1-Year $788,872 $816,482 $845,059 $874,636 $905,249
Minimum Salary Exception, 0-Year $490,180 $507,336 $525,093 $543,471 $562,493
           
Maximum Salary Figure $58,155,094        
Minimum Cap Room ($344,906)        
           
Nominal Salary Figure $52,636,907        
Nominal Cap Room ($5,863,093)        
           
Minimum Salary Figure $47,611,896        
Maximum Cap Room ($10,838,104)        
           
Minimum Salary ($52,650,000) ($55,890,000)      
Salary Cap ($58,500,000) ($62,100,000)      
Tax Line ($71,600,000) ($75,700,000)      
Apron ($75,600,000) ($79,700,000)    

New Orleans Pelicans Salary and Cap Holds:
Before Jrue Holiday Trade

Name 2013-14 2014-15 2015-16 2016-17 2017-18
Eric Gordon $14,283,844 $14,898,958 $15,514,031    
Ryan Anderson $8,308,500 $8,491,500 $8,500,000    
Anthony Davis $5,375,760 $5,607,240 $7,070,730 ($9,191,949)  
Robin Lopez $5,119,761% $5,340,229      
Jason Smith $2,500,000%        
Austin Rivers $2,339,040 $2,439,840 $3,110,796 ($4,236,904)  
Greivis Vasquez $2,150,188 ($3,203,780)      
Lance Thomas $884,293 ($1,148,163)      
Brian Roberts $788,872% ($1,115,243)      
Darius Miller $788,872 ($1,115,243)      
Terrel Harris $884,293% ($1,148,163)      
Al-Farouq Aminu $3,749,601        
Xavier Henry $3,201,369        
Roger Mason Jr. $884,293        
Louis Amundson $884,293        
First Round Draft Pick: #6 ($2,643,600)        
           
Guaranteed $33,957,332 $23,390,458 $8,500,000    
Total $43,423,423 ($44,508,359) $34,195,557 ($13,428,853)  
Cap Holds $8,719,556        
Non-Simultaneous Trade Residual $0        
Non-Taxpayer Mid-Level Exception $5,150,000 $5,305,000 $5,464,000 $5,628,000 $5,797,000
Taxpayer Mid-Level Exception $3,183,000 $3,278,000 $3,376,000 $3,477,000 $3,581,000
Room Mid-Level Exception $2,652,000 $2,732,000 $2,814,000 $2,828,000 $2,985,000
Bi-Annual Exception $2,016,000 $2,077,000 $2,139,000 $2,203,000 $2,269,000
Minimum Salary Exception, 2-Year $884,293 $915,243 $947,276 $980,431 $1,014,746
Minimum Salary Exception, 1-Year $788,872 $816,482 $845,059 $874,636 $905,249
Minimum Salary Exception, 0-Year $490,180 $507,336 $525,093 $543,471 $562,493
           
Maximum Salary Figure ($61,163,707)        
Minimum Cap Room (-$2,663,707)        
           
Nominal Salary Figure ($46,067,023)        
Nominal Cap Room ($12,432,977)        
           
Minimum Salary Figure $37,388,592        
Maximum Cap Room ($21,111,408)        
           
Minimum Salary ($52,650,000) ($55,890,000)      
Salary Cap ($58,500,000) ($62,100,000)      
Tax Line ($71,600,000) ($75,700,000)      
Apron ($75,600,000) ($79,700,000)    


Legend:

Blue background  Team controls an option that will affect the team salary
   
Red background  Player controls an option that will affect the team salary
   
Green background  Qualifying Offer
   
Bold Number Reported Figure
   
(Italicized Number) Projected Figure
   
Regular Number Administrative Figure
   
Bold Name Player is on the New Orleans Pelicans or is the team’s free agent
   
Regular Name Player is not on the New Orleans Pelicans
   
% Some nontrivial portion of the salary is guaranteed at some point
   
* Other note
   
Link Extra information accessed by hovering over link
   


Definitions:


Notes:

  • The New Orleans Pelicans are limited to a first-year by the size of the option they declined on Aminu, which was $3,749,601, and Henry, which was $3,201,369
  • The salary cap projection is based on reports such as this on June 3, 2013.
  • Because the Pelicans have 16 total Contracts and Cap Holds and the NBA allows a maximum roster of 15, one of the two cheapest contracts under control of the team was sacrificed in order to keep the Maximum Salary Figure as large as possible for this analysis. Even after this maneuver, the Pelicans would be unable to make changes to the roster except through trades or getting rid of a Contract or Cap Hold because they would be at the maximum roster size . . . you need Cap Room AND Roster Room to acquire players. Therefore, they would have to waive a player or renounce rights, with the latter being the least destructive since you can still sign a player whose rights you renounce, just not with the Bird Exception.
  • The New Orleans Pelicans may be well-served to consider themselves over the Salary Cap if their offseason acquisitions will come as part of a high dollar trades that fit the constraints of the Traded Player Exception. If this is the case and such a trade is done early in the offseason, the team can preserve the use of the Non-Taxpayer Mid-Level Exception and Biannual Exception. If the Pelicans are under the cap, they have cap space in which add players and the Room Mid-Level Exception, which is much smaller than the Non-Taxpayer Mid-Level Exception and around 30% larger than the Bi-Annual Exception. The total of the Non-Taxpayer Mid-Level Exception and the Bi-Annual Exception is larger than the Room exception by a factor of about 2.7. Going the Exception route, you can add more salary through signings, but those individual signings are limited by the Exception amounts and they can not be combined. Going with cap room, they can signing larger individual contracts, if necessary, using Cap Room but will have less flexibility once they are over the Cap.


Important Dates:

  • July 10, 2013: Free Agents can be signed, Trades can officially be made
  • July 16, 2013: Last day to tender First Round Draft Picks
  • July 20, 2013: Last day to waive Brian Roberts at $50,000 cost in 2013-2014
  • July 27, 2013: Last day to waive Darius Miller at $0 cost in 2013-2014
  • September 6, 2013: Last day to tender Second Round Draft Picks
  • October 4, 2013: 2013-2014 Pre-Season begins
  • October 25, 2013: 2013-2014 Pre-Season ends
  • October 29, 2013: 2013-2014 Regular Season begins
  • October 31, 2013: Last day to waive each of Anthony Davis, Terrel Harris, Austin Rivers at $0 cost in 2013-2014
  • January 6, 2014: 10-Day Contracts can be signed
  • January 10, 2014: Last day to waive Terrel Harris at $150,000 cost in 2013-2014
  • April 16, 2014: 2013-2014 Regular Season ends
  • April 19, 2014: 2013-2014 Post-Season begins
  • June 26, 2014: NBA Draft
  • July 1, 2014: 2014-2015 Cap year begins, Free Agent discussions begin


Acknowledgements

This page was constructed using information from Larry Coon’s CBA FAQ, ShamSports, Hoopsworld, HoopsHype, and other sources.


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