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Charlotte Hornets Team Salary

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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

 

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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Eric Pincus is a Senior Writer for Basketball Insiders, with a focus on the business side of the game.