Loaded Charlotte Hornets cap sheet. Waive Rob Dillingham or test stretch provision impacts. 15/15 Standard Rostered

Cap Sheet Ledger, Aprons & Dead Money

Below Luxury Tax
Total Team Cap Obligations: $136,314,590 Active: $130,054,590 | Dead: $6,260,000
Cap ($140.6M)
Tax ($170.8M)
1st Apron ($178.1M)
2nd ($188.9M)
Cap Room / Deficit +$4,285,410 Base Cap: $140,588,000
Tax Line Distance +$34,500,410 Projected Tax: $0
Dead Money (2024-25) $6,260,000 1 Waived Player
Roster Spots Open 0 of 15 Standard Contracts Max 15

Waiver Wire & Stretch Provisions

Select an active player to execute transaction under CBA rules.

CBA Apron Restrictions Check

  • Non-Taxpayer MLE: Fully available ($12.8M)
  • Salary Aggregation: Unrestricted
  • Buyout Signing: Free to sign waived players earning > MLE
  • Future 1st Pick: Not frozen (eligible to trade)

3-Year Dead Cap Hit Projection (CBA Stretched Schedule)

All Figures Guaranteed
Waived Player Status 2024-25 2025-26 2026-27 Action

NBA Collective Bargaining Agreement (CBA) Waiver Mechanics

48-Hour Waiver Period & Claims

When an NBA team waives a guaranteed contract, all 29 other teams have a 48-hour window to submit a waiver claim. If claimed, the new team assumes the entire remaining contract and the waiving team takes zero dead cap hit. If unclaimed, the player clears waivers and becomes an unrestricted free agent.

The Stretch Provision Formula

Under CBA Article VII, Section 7(e), if a team waives an unclaimed player before Sept 1, the remaining guaranteed salary across future seasons is stretched evenly over (2 × Remaining Seasons + 1) years. For example, a 2-year remaining deal is stretched over 5 seasons, reducing immediate single-year cap pressure.

First & Second Apron Hard Caps

The 2023-2030 CBA introduces severe punitive tiers: crossing the First Apron ($178.1M) hard caps sign-and-trades and salary aggregation; crossing the Second Apron ($188.9M) eliminates the Mid-Level Exception, freezes future first-round draft picks, and forbids cash in trades.

Rookie Scale Lottery Guarantee

Lottery draft picks (like No. 8 overall Rob Dillingham) possess guaranteed multi-year rookie scale contracts ($6.26M in Year 1). Waiving a top-10 pick without a claim creates immediate dead money that constrains free agent flexibility unless stretched.

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