Do the New Orleans Pelicans have cap space in 2030-31?

The 2030-31 salary cap is $216.3M (projected), and the Pelicans' cap salary (contracts, dead money, and cap holds for their own free agents) adds up to $20.9M. That leaves $195.4M they can spend directly on outside free agents, with no matching rules.

Room teams also keep the room mid-level exception ($12.3M) for one more signing after the space is used. The trade-off is that opening room usually means renouncing their own free agents and the Bird rights that come with them.

This is a forward look at 2030-31: it counts the contracts, options, and cap holds already on the Pelicans books for that season. Signings, trades, and option decisions between now and then will move these numbers.