![]() ![]() All other options, cap holds, exceptions are assumed as declined, waived or renounced. This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries. ![]() Cap TypeĢ023-24 Practical Cap Space Available Practical Cap Space: The team may only sign outside players using any available exceptions or at league minimum salaries. This means Cap Holds & Exceptions are NOT included in their Total Cap Allocations, and renouncing these figures will not afford them any cap space. The Hornets are currently over the league salary cap. TypeĢ023-24 Charlotte Hornets Salary Cap Totals Teams that spend over the threshold pay fines (estimated below). Typeĭenotes the Hornets current standing in terms of the luxury tax threshold. The "credit" balance remains as an exception that can be used within the next year to acquire salary via trade without further relinquishing additional salary. Trade Exception Details becomes available when a team relinquishes more salary than it acquires during a trade. It can be used for contracts up to 2 years in length. Non-Taxpayer Mid-Level Exception Details is awarded annually to teams who are above the cap but below the Luxury Tax Apron ($169,000,000) and can be used for contracts up to 4 years in length.īi-Annual Exception Details is available to any teams who are below the Luxury Tax Apron ($169,000,000), and did not use this exception in the previous season. Exceptions can be split up for multiple player signings, however only one of these exceptions may be used in a season and they cannot be combined. Player (9)Įxceptions are essentially "grants" offering teams an additional way to sign players. As a result, the league considers the Hornets retrospectively, having suspended. On the day the name change became official, the franchise reclaimed the history and records of the original Charlotte Hornets spanning from 1988 to 2002. These figures are not counted toward a team's Luxury Tax Allocation. In 2013, the Bobcats announced they would rebrand to the Charlotte Hornets beginning with the 201415 season. The veteran guard signed with the Nuggets following the trade. Renouncing these cap holds will NOT afford the team any new cap space. Reggie Jackson: Singed as a free agent on Feb. ![]() Since the Hornets are currently over the league salary cap, these cap holds do not count against their Total Cap figure. Player (1)Ĭap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc. The Bobcats reached the playoffs for the first time since 2010 and were swept by the two-time defending champion and eventual Eastern Conference. It was also the 10th and final season under the Bobcats name. Two-way salaries do not count against a team's Total Cap/Tax Allocations. The 201314 Charlotte Bobcats season was the 24th season of the franchise in the National Basketball Association (NBA). Players signed to Two-Way contracts that are currently designated to G-League affiliate. ![]()
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