New Orleans Pelicans · G · Drafted 2025 (No. 40)
Micah Peavy
Micah Peavy counts $2.2M against the cap for the New Orleans Pelicans this season, about 1% of it. He has 3 years left on his deal, with a team option in 2028-29.
This season
$2.2M
Years left
3
Option
Team option 2028-29
Free agent
2029
Trade value
$2.2M
Year by year
| Season | Cap hit | % of cap | |
|---|---|---|---|
| 2026-27 | $2.2M | 1% | |
| 2027-28 | $2.5M | 1% | |
| 2028-29 | $2.7M | 1% | Team optionThen a free agent |
What it means
The deal carries a team option in 2028-29, so his team decides whether to play that season or reach free agency.
In a trade he sends out $2.2M in salary, the figure the other team has to match.
His deal runs through 2028-29. After that he reaches free agency, where his own team can usually offer more years and money than rivals through Bird rights.
Numbers come from the engine, off the league's books; cap holds and projected lines are estimates. See the full team picture on the New Orleans Pelicans cap sheet.