Charlotte Hornets Salary Cap History and 2024 Outlook
Largest Guarantee: 136021000
The Charlotte Hornets have a rich history when it comes to salary cap management. In recent years, they have been one of the most active teams in the NBA when it comes to signing free agents and making trades. As a result, they have assembled a talented roster that has the potential to compete for a championship.
2024 Salary Cap Table
The Hornets' 2024 salary cap table is currently set at $136,021,000. This gives them a little bit of flexibility to add some pieces to their roster this offseason. However, they will need to be careful not to go over the cap, as they could face some hefty penalties.
Player Options and Team Options
Several Hornets players have player options and team options for the 2024-25 season. These options give both the player and the team the ability to decide whether or not they want to continue their relationship.
The following players have player options for the 2024-25 season:
- Gordon Hayward
- Kelly Oubre Jr.
- Cody Zeller
The following players have team options for the 2024-25 season:
- Jalen McDaniels
- Mason Plumlee
Free Agency
The Hornets will have a number of free agents to deal with this offseason. Some of the most notable names include:
- Miles Bridges
- Terry Rozier
- PJ Washington
The Hornets will need to make some tough decisions this offseason. They will need to decide which players they want to keep and which players they are willing to let go. They will also need to be mindful of the salary cap and make sure they don't go over it.
Outlook for the 2024-25 Season
The Hornets have the potential to be a very good team in the 2024-25 season. They have a young and talented roster, and they have a lot of cap space to add some pieces. If they can make the right moves this offseason, they could be a contender for a championship.
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