Charlotte Hornets Cap Updates
July 1, 2025: The Hornets signed Spencer Dinwiddie to one year, $3.6
| Chicago Bulls (14/15 + 2/3) | Salary | |
| 1 | Josh Giddey | $ 25,000,000 |
| 2 | Nicolas Claxton | $ 23,320,738 |
| 3 | Norman Powell | $ 21,500,000 |
| 4 | Patrick Williams | $ 18,000,000 |
| 5 | Isaac Okoro | $ 11,814,814 |
| 6 | Caleb Wilson | $ 10,683,720 |
| 7 | Jalen Smith | $ 9,428,571 |
| 8 | Zach Collins | $ 8,500,000 |
| 9 | Tre Jones | $ 8,000,000 |
| 10 | Rob Dillingham | $ 6,889,320 |
| 11 | Matas Buzelis | $ 5,715,360 |
| 12 | Noa Essengue | $ 5,701,200 |
| 13 | Dailyn Swain | $ 4,965,480 |
| 14 | Leonard Miller | $ 2,406,205 |
| 15 | ||
| Total Payroll | $ 161,925,408 | |
| Kam Jones | $ 1,075,459 | |
| Dead Money | $ 1,075,459 | |
| Total Salaries | $ 163,000,867 | |
| Luxury Tax | $ 200,428,000 | |
| Total for Luxury Tax | $ 163,000,867 | |
| Luxury Tax Room | $ 37,427,133 | |
| Isaac Okoro | $ 1,772,221 | |
| Nicolas Claxton | $ 542,896 | |
| Unlikely Bonuses | $ 2,315,117 | |
| Apron Total (Salaries + Unlikely Incentives) | $ 165,315,984 | |
| First Apron (Hard Capped) | $ 209,015,000 | |
| First Apron Space | $ 43,699,016 | |
| Second Apron | $ 221,686,000 | |
| Second Apron Space | $ 56,370,016 | |
| Cap Holds | $ - | |
| Total Salaries + Cap Holds | $ 163,000,867 | |
| Salary Cap | $ 164,961,000 | |
| Cap Space | $ 1,960,133 | |
| Cap Space (Cap Holds Renounced) | $ 1,960,133 | |
| Cap Space (Maximized) | $ 1,960,133 | |
| Two-Way | Tobe Akawa | Year 1 |
| Jaylin Sellers | Year 1 | |
| Expiration | Exceptions | Value |
| 4/11/27 | Room Mid-Level | $ 9,366,000 |
| Player | Waivable Salary | Protection |
| Year | First-Round Picks | Trade-eligibility |
| 2027 | Own | Yes |
| 2028 | Own | Yes |
| 2029 | Own | Yes |
| 2030 | Own | Yes |
| 2031 | Own | Yes |
| 2032 | Own | Yes |
| 2033 | Own | Yes |
| 7 over next 7 drafts | Up to 4 | |
| Year | Second-Round Picks | Trade-eligibility |
| 2027 | CLE (unprotected) | Yes |
| 2028 | Own | Yes |
| 2029 | Own | Yes |
| 2029 | Lesser of DET/MIL/NYK | Yes |
| 2030 | Own | Yes |
| 2031 | Own | Yes |
| 2031 | DEN (unprotected) | Yes |
| 2031 | MIL (unprotected) | Yes |
| 2031 | Favorable of MIN/GSW | Yes |
| 2032 | Own | Yes |
| 2032 | Favorable of HOU/PHO | Yes |
| 2033 | Own | Yes |
| 12 over next 7 drafts | Up to 12 | |
July 1, 2025: The Hornets signed Spencer Dinwiddie to one year, $3.6