Charlotte Hornets Cap Updates
July 1, 2025: The Hornets signed Spencer Dinwiddie to one year, $3.6
| Charlotte Hornets (16/15 + 2/3) | Salary | |
| 1 | Naz Reid | $ 25,000,000 |
| 2 | Coby White | $ 24,666,667 |
| 3 | Grayson Allen | $ 19,375,000 |
| 4 | Dorian Finney-Smith | $ 13,335,000 |
| 5 | Royce O'Neale | $ 11,625,000 |
| 6 | Kon Knueppel | $ 11,017,560 |
| 7 | Tidjane Salaün | $ 10,445,632 |
| 8 | Tre Mann | $ 8,000,000 |
| 9 | 2027 Pick #8 (DAL) | $ 7,751,520 |
| 10 | 2027 Pick #13 | $ 5,803,560 |
| 11 | Hannes Steinbach | $ 5,488,440 |
| 12 | 2027 Pick #16 (MIA) | $ 4,975,920 |
| 13 | Christian Anderson | $ 4,470,240 |
| 14 | Liam McNeeley | $ 3,040,320 |
| 15 | Sion James | $ 2,525,901 |
| 16 | Ryan Kalkbrenner | $ 2,525,901 |
| Total Payroll | $ 160,046,661 | |
| Dead Money | $ - | |
| Total Salaries | $ 160,046,661 | |
| Luxury Tax | $ 211,410,000 | |
| Total for Luxury Tax | $ 160,046,661 | |
| Luxury Tax Room | $ 51,363,339 | |
| Royce O'Neale | $ 500,000 | |
| Unlikely Bonuses | $ 500,000 | |
| Apron Total (Salaries + Unlikely Incentives) | $ 160,546,661 | |
| First Apron | $ 220,468,000 | |
| First Apron Space | $ 59,921,339 | |
| Second Apron | $ 233,833,000 | |
| Second Apron Space | $ 73,286,339 | |
| Brandon Miller | $ 45,313,878 | |
| Grant Williams | $ 27,104,925 | |
| Pat Connaughton | $ 2,583,636 | |
| Moussa Diabaté | $ 2,583,636 | |
| Xavier Tillman | $ 2,583,636 | |
| Antonio Reeves | $ 2,304,849 | |
| Cap Holds | $ 82,474,560 | |
| Total Salaries + Cap Holds | $ 242,521,221 | |
| Salary Cap | $ 174,000,000 | |
| Cap Space | $ (68,521,221) | |
| Cap Space (Cap Holds Renounced) | $ 13,953,339 | |
| Cap Space (Maximized) | $ 35,288,339 | |
| Two-Way | Michael Ajayi | Year 2 |
| Kylan Boswell | Year 2 | |
| Expiration | Exceptions | Value |
| 4/11/27 | Nontaxpayer Mid-Level | $ 15,868,000 |
| 4/11/27 | Bi-Annual | $ 5,777,000 |
| Player | Waivable Salary | Protection |
| F-Smith | $13,335,000 | $ - |
| Mann | $8,000,000 | $ - |
July 1, 2025: The Hornets signed Spencer Dinwiddie to one year, $3.6