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Charlotte Hornets Team Salary

Quick: Over the cap. Hard capped by the Terry Rozier sign and trade.

Salary Cap: $109,140,000

Luxury Tax Threshold: $132,627,000

Hard Cap: $138,928,000

Projection for 2020-21 (flat $109.14 million cap): Up to $50.6 million in cap space, down to $22.4 million if Nicolas Batum opts in and the Hornets keep Devonte’ Graham, Jalen McDaniels and Caleb Martin.

Roster Count: Six guaranteed, one player option, three non/partially-guaranteed, one two-way

Depth Chart
PG: Devonte’ Graham
SG: Terry Rozier, Malik Monk, Caleb Martin
SF: Miles Bridges, Cody Martin, Nicolas Batum (PO)
PF: PJ Washington, Jalen McDaniels, Ray Spalding (two-way)
C: Cody Zeller

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

Exceptions

  • Room Exception — $4,767,000

2020 NBA Draft*: 8th ($4,862,040 cap hold); 38th to the New York Knicks (Willy Hernangomez)

* Lottery/Standings TBD

Unsigned Draft Picks

  • First-rounders: None
  • Second-rounders: Arnoldas Kulboka (2018-55th)

Non-Guaranteed Salaries — Next Cut-Down Date*

  • Devonte’ Graham $1,663,861 — 10/24/20
  • Caleb Martin $1,517,981 — 7/15/20 (revised date TBD)
  • Jalen McDaniels $1,517,981 — 8/1/20 (revised date TBD)

* Players and teams can agree to push back cut-down dates.

Free Agents (with Cap Holds**)

  • Full Bird: Nicolas Batum (PO, $38,347,826), Bismack Biyombo ($25,500,000), Dwayne Bacon (RFA, $2,023,150), Willy Hernangomez ($1,620,564)
  • Non-Bird: Shelvin Mack* ($1,620,564), Brian Roberts* ($1,620,564), Kobi Simmons (two-way), Marcus Paige* (two-way)

* Cannot be included in a sign-and-trade
** Estimated, pending the 2020-21 salary-cap figure.

Qualifying Offers (Pending)

  • Dwayne Bacon $2,023,150

Rookie-Scale Extension Eligible

  • Malik Monk

Rookie-Scale Options

  • PJ Washington
  • Miles Bridges

Waived Players: None

Traded Players: None

G-League Affiliate: Greensboro Swarm (Cam Twiss general manager, coach Joe Wolf)

Two-Way Contracts: Ray Spalding

Coaching Staff

Head Coach: James Borrego

Assistants: Jay Triano, Chad Iske, Jay Hernandez, Ronald Norad, Dutch Gaitley, Nate Mitchell, Nick Friedman (player development coach), Jordan Surenkamp (head video coordinator), Garrius Adams (assistant video coordinator)

Trainer: Steve Stricker, Dennis Williams (assistant), Matt Friia (strength and conditioning), Lauren McGuigan (director of sports science)

Basketball Executives

  • Mitch Kupchak — general manager
  • Buzz Peterson — assistant general manager
  • Larry Jordan — director, player personnel
  • George Rodman — director of basketball analytics and strategy
  • David Duquette — director of basketball strategy/team counsel

Pick Swaps

  • 2021 — Owe a second-rounder to the New York Knicks (Guillermo Hernangomez).
  • 2020 — Owed a second-rounder from the Cleveland Cavaliers (Brendan Haywood, Anderson Varejao, Channing Frye, C.J. Wilcox, Miles Bridges).
  • 2021 — Owed a second-rounder from the Los Angeles Clippers (Miles Bridges).
  • 2021 — Owed a second-rounder from the Brooklyn Nets (Dwight Howard).
  • 2023– Owe a second-rounder to the Atlanta Hawks (Devonte’ Graham), may convey to the Brooklyn Nets.

Cash Paid ($5,617,000 million max): $0

Cash Received ($5,617,000 million max): $0

Deadlines

  • 7/15/20 — Caleb Martin’s $1,517,981 guarantees for 2020-21 (revised date TBD).
  • 8/1/20 — Jalen McDaniels’ salary guarantees at $100,000 (revised date TBD).
  • 10/6/20 — Player option for Nicolas Batum.
  • 10/16/20 — NBA Draft.
  • 10/17/20 — Qualifying offer deadline for Kobi Simmons, Jalen McDaniels and Dwayne Bacon.
  • 10/19/20-10/23/20 — NBA Moratorium.
  • 10/24/20 — Devonte’ Graham’s $1,663,861 guarantees for 2020-21.
  • 10/31/20 — Team options on Miles Bridges and PJ Washington (revised date TBD).
  • Before the start of 2020-21 season — Extension deadline for Malik Monk.
  • 1/10/21 — Jalen McDaniels’ $1,517,981 guarantees for 2020-21 (revised date TBD).
  • 6/30/21 — Qualifying offer deadline for Malik Monk.
  • 7/15/21 — Caleb Martin and Cody Martin’s $1,782,621 guarantee for 2021-22.
  • 8/1/21 — Jalen McDaniels’ $1,782,621 guarantees for 2021-22.
  • 10/31/21 — Team options on PJ Washington.
  • Before the start of 2021-22 season — Extension deadline for Miles Bridges.
  • 6/29/22 — Team option on Jalen McDaniels.
  • 6/30/22 — Qualifying offer deadlines for Miles Bridges and Cody Martin.
  • 8/1/22 — Jalen McDaniels’ $1,930,681 guarantees for 2022-23.
  • Before the start of 2022-23 season — Extension deadline for PJ Washington.
  • 6/30/23 — Qualifying offer deadline for PJ Washington.

Teams and players can renegotiate guarantee dates.  The NBA’s general cut-down date is January 10, but players are released 48 hours prior to account for waivers.

Transactions

  • None

No-Trade: None

Trade Kickers

  • None

Note: Players can waive their trade bonuses.

Expired 10-Day Contracts: None

Arena: Spectrum Center

Archives
2019-20
2018-19
2017-18
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2015-16
2014-15
2013-14
2012-13

Cap Holds

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

(Updated on 8/17/20)

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