Charlotte Hornets Team Salary

Alan Draper profile picture
Sports Editor

Quick: Spent over the cap.

Salary Cap: $112,414,000

Luxury Tax Threshold: $136,606,000

Projection for 2022-23 (cap $119 million): Up to $23.1 million in cap space, less with Kelly Oubre, Mason Plumlee and Ish Smith.

Roster Count: 16 guaranteed, one non-guaranteed, two two-ways

Depth Chart
PG: LaMelo Ball, Ish Smith, DJ Carton
SG: Terry Rozier, James Bouknight, Scottie Lewis (two-way)
SF: Gordon Hayward, Kelly Oubre, Cody Martin, Wesley Iwundu
PF: PJ Washington, Miles Bridges, Kai Jones, Jalen McDaniels, JT Thor, Arnoldas Kulboka (two-way)
C: Mason Plumlee, Vernon Carey Jr, Nick Richards

Note: Teams often adjust their depth chart throughout the season, sometimes game by game.

Exceptions

  • Room Exception — $410,000 (Ish Smith)

Non-Guaranteed Salaries — Next Cut-Down Date*

  • DJ Carton $925,258 — 1/7/22

* Teams and players can agree to push back cut-down dates but not past January 7 each year.

Rookie-Scale Extension Eligible

  • Miles Bridges

Rookie-Scale Options

  • LaMelo Ball (third-year)
  • PJ Washington (fourth-year)

Waived Players: Caleb Martin

Traded Players: Devonte’ Graham (sign-and-trade)

G-League Affiliate: Greensboro Swarm (Cam Twiss general manager, coach Jay Hernandez)

Two-Way Contracts: Scottie Lewis, Arnoldas Kulboka

Note: Two-Way Contracts pay $462,629 for the full 2021-22 season, pro-rated based on in-season signing date.

Governor: Michael Jordan

Basketball Executives

  • Mitch Kupchak — president of basketball operations & general manager
  • Buzz Peterson — assistant general manager
  • Drew Perry — director of pro scouting
  • George Rodman — director of basketball analytics & strategy
  • David Duquette — director of basketball strategy/team counsel
  • Kathryn Karakus — senior director of basketball operations
  • Larry Jordan — director of player personnel

Coaching Staff

Head Coach: James Borrego

Assistants: Jay Triano, Chad Iske, Jay Hernandez, Dutch Gaitley, Nate Mitchell, Nick Friedman (player development coach)

Training Staff: Joe Sharpe (director of health care & sports performance), Quinton Sawyer (associate head athletic trainer), Aaron Karkow (assistant athletic trainer), Lauren McGuigan (director of sports science), Adam Linens (strength & conditioning coach), Dr. Powell Bernhardt (director of performance therapy)

Pick Swaps

  • 2022 — Owed a first-rounder (top-14 protected, otherwise converts to 2022 and 2024 second-rounders) from the New Orleans Pelicans (Devonte’ Graham).
  • 2022 — Owe a first-rounder (top-18 protected in 2022, top-16 protected in 2023, top-14 protected through 2025, otherwise converts to 2026 and 2027 second-rounders) to the New York Knicks (Kai Jones).
  • 2022 — Owed second-rounder (top-55 protected) from the Toronto Raptors (Malachi Richardson, Alec Burks, Brad Wanamaker).
  • 2022 — Owe a second-rounder (top-55 protected) to the New York Knicks (Gordon Hayward, Evan Fournier).
  • 2023 — Owed a second-rounder from the Boston Celtics (Gordon Hayward).
  • 2023– Owe a second-rounder to the Atlanta Hawks (Devonte’ Graham), may convey to the Brooklyn Nets or Philadelphia 76ers. Highest to the 76ers, second to the Hawks and lowest to the Nets.
  • 2024 — Owed a second-rounder from the Boston Celtics (Gordon Hayward).
  • 2024 — Owe a second-rounder to the Oklahoma City Thunder (Nick Richards, Steven Adams).
  • 2025 — Owe a second-rounder (top-55 protected) to the Golden State Warriors (Brad Wanamaker).

Cash Paid ($5,785,000 max): $0

Cash Received ($5,785,000 max): $2 million from the New Orleans Pelicans (Devonte’ Graham)

Deadlines

  • 10/18/21– Extension deadline for Miles Bridges.
  • 10/19/21 — First day of the 2021-22 regular season.
  • 10/31/21 — Team options on PJ Washington and LaMelo Ball.
  • 12/15/21 — No-trade restrictions lifts on DJ Carton, Ish Smith and Kelly Oubre.
  • 1/7/22 — DJ Carton’s $925,258 guarantees for 2021-22.
  • 1/30/22 — No-trade restriction lifts on Terry Rozier.
  • 4/10/22 — Final day of the 2021-22 regular season.
  • 6/21/22 — Mason Plumlee’s $9,080,417 guarantees for 2022-23.
  • 6/23/22 — NBA Draft.
  • 6/29/22 — Team option on Jalen McDaniels.
  • 6/29/22 — Qualifying offer deadlines for Miles Bridges, DJ Carton and Cody Martin.
  • 7/1/22 — Start of the 2022-23 calendar year and moratorium.
  • 7/1/22 — Ish Smith’s $4,725,000 guarantees for 2022-23.
  • 7/5/22 — Final day of the moratorium.
  • 7/7/22 (or the day after the last day of the 2022-23 moratorium if later) — Nick Richards’ $1,782,621 guarantees for 2022-23.
  • 8/1/22 — Jalen McDaniels’ $1,930,681 guarantees for 2022-23.
  • Before the start of 2022-23 season — Extension deadline for PJ Washington.
  • 10/31/23 — Team options on LaMelo Ball, James Bouknight and Kai Jones.
  • 6/29/23 — Team option on Vernon Carey Jr.
  • 6/29/23 — Qualifying offer deadlines for PJ Washington and Nick Richards.
  • Before the start of 2023-24 season — Extension deadline for LaMelo Ball.
  • 1/7/24 — JT Thor’s $1,836,096 guarantees for 2023-24.
  • 6/29/24 — Qualifying offer deadline for LaMelo Ball.
  • 6/29/24 — Team option on JT Thor.
  • Before the start of 2024-25 season — Extension deadlines for James Bouknight and Kai Jones.
  • 1/7/24 — JT Thor’s $1,988,598 guarantees for 2024-25.
  • 6/29/25 — Qualifying offer deadline for James Bouknight and Kai Jones.
  • 1/7/26 — Terry Rozier’s $26,643,031 guarantees for 2025-26, unless his team reached the conference finals and he played in at least 70 regular season games over any of the 2022-23, 2023-24 or 2024-25 seasons.

Teams and players can renegotiate guarantee dates but no later than January 7 each year.

Transactions

  • 6/22/21 — Received the No. 11 pick in the NBA Draft Lottery.
  • 7/29/21 — Drafted James Bouknight (2021-11th), Scottie Lewis (2021-56th) and Balsa Koprivica (2021-57th).
  • 7/30/21 — Traded a protected 2022 first-rounder (top-18 protected in 2022, top-16 protected in 2023, top-14 protected through 2025, otherwise converts to 2026 and 2027 second-rounders) to the New York Knicks for Kai Jones (2021-19th).
  • 8/1/21 — Issued a qualifying offer to Devonte’ Graham.
  • 8/1/21 — Declined to issue qualifying offers to Malik Monk, Brad Wanamaker, Grant Riller and Nate Darling (two-way).
  • 8/3/21 — Signed James Bouknight (2021-11th) to a $19,151,216 rookie-scale contract.
  • 8/3/21 — Signed Kai Jones (2021-19th) to a $13,421,215 rookie-scale contract.
  • 8/3/21 — Signed Scottie Lewis (2021-56th) to a two-way contract ($50,000 guaranteed).
  • 8/3/21 — Signed Arnoldas Kulboka (2018-55th) to a two-way contract ($50,000 guaranteed).
  • 8/6/21 — Renounced the rights to Malik Monk, Bismack Biyombo, Brad Wanamaker, Grant Riller and Nate Darling.
  • 8/6/21 — Traded Balsa Koprivica (2021-57th) to the Detroit Pistons for Mason Plumlee (into cap space) and JT Thor (2021-37th).
  • 8/6/21 — Signed JT Thor (2021-37th) to a partially-guaranteed four-year $6,638,212 contract (via cap space), team option on the final season.
  • 8/7/21 — Waived Caleb Martin.
  • 8/7/21 — Traded Devonte’ Graham (via sign-and-trade) to the New Orleans Pelicans for Wesley Iwundu, a 2022 first-rounder (top-14 protected, otherwise converts to 2022 and 2024 second-rounders) and $2 million from the Pelicans and Tyler Harvey (2015-51st) from the Memphis Grizzlies.
  • 8/7/21 — Signed Kelly Oubre to a partially-guaranteed two-year $24.6 million contract, via cap room.
  • 8/7/21 — Signed Ish Smith to a partially-guaranteed two-year $9,225,000 contract, via the room mid-level exception.
  • 8/7/21 – Signed DJ Carton to a $925,258 minimum summer contract (Exhibits 9 and 10).
  • 8/9/21 — Re-signed Coach James Borrego to a contract extension.
  • 8/15/21 — Cody Martin’s $1,782,621 guaranteed for 2021-22.
  • 8/24/21 — Re-signed Terry Rozier to an partially-guaranteed $96,258,694 extension, adding four years.
  • 8/25/21 — Jalen McDaniels’ $1,782,621 guaranteed for 2021-22.

No-Trade: None

Trade Kickers

  • Gordon Hayward — 15 percent

Note: Players can waive their trade bonuses.

Poison Pill

  • None

Expired 10-Day Contracts: None

Options

  • None

Unsigned Draft Picks

  • First-rounders: None
  • Second-rounders: Tyler Harvey (2015-51st)

Free Agents (with Cap Holds)

  • None

Qualifying Offers

  • None

Arena: Spectrum Center

 

Team Stats

Explore more about the Charlotte Hornets Team Stats here.

Cap Holds

Salary and team data change quite often. If you notice a discrepancy, please notify Basketball Insiders Senior Writer Eric Pincus.

(Updated on 8/31/21)

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Alan is an expert gambling writer who works as one of the chief editors for Basketball Insiders. He has been covering online gambling and sports betting for over 8 years, having written for the likes of Sportlens, Compare.bet, The Sports Daily, 90min, and TopRatedCasinos.co.uk. His particular specialisms include US online casinos and gambling regulations, and soccer and basketball betting. Based in London, Alan holds an MA in English Literature and is a passionate supporter of Chelsea FC.