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New Orleans Pelicans

Western Conference•Southwest Division•NOP
Team Salary
$199,338,124

Team Summary

The year-long Mathurin pursuit reshaped September: to finalize his 2yr/$16M deal, New Orleans cleared ~$5.7M by trading Jordan Hawkins and Micah Peavy to Memphis for AJ Johnson (a camp evaluation flier) and Taj Gibson, who was waived and promptly retired. Mathurin joins Zion Williamson, Dejounte Murray, Trey Murphy III and returning glue guys (Watford, Jordan, Herb Jones) on a roster that finally added a young scoring bet. Still no true second star, and the books now carry small dead-cap hits — health and Zion's consistency remain the swing variables. Saddiq Bey's 3yr/$55.5M extension (Sep 18) locks in the wing through 2029-30 at $18.5M AAV — pricey for a fourth option, but it keeps the Murray–Murphy–Bey rotation intact around Zion.

2026-27 Cap Situation

Hard-capped at 1st apron ($209.0M)
Team Salary
$199.3M
Cap Space
-$34.4M
Room Under Hard Cap
$9.7M
Total Cash
$199.3M

Triggered the 1st-apron hard cap (non-taxpayer MLE) — team salary cannot exceed $209.0M at any point this season.

2026-27 figures verified against Spotrac and HoopsRumors reporting. View full cap sheet on the Salary Cap page.

Current Roster