Committed salary for 2013/14: $43,423,423
Projected cap space: $12,432,977
New Orleans enjoy quite a rare position, where they have a lot of money coming off their books, but without the cap holds usually associated with it. With Rashard Lewis's $13,470,007 and Matt Carroll's $3,300,000 cap hits long since waived, the only cap holds New Orleans must contend with are those of Al-Farouq Aminu($3,749,602), Xavier Henry ($3,201,370), the #6 pick ($2,643,600), Lou Amundson ($884,293) and Roger Mason ($884,293). They also have plenty of unguaranteed money to work with, in the forms of Robin Lopez($5,119,761, only $500,000 guaranteed if waived on or before July 5th), Jason Smith ($2,500,000, only $1 million guaranteed if waived on or before June 30th), Lance Thomas ($884,293, fully guaranteed if waived on or before September 1st), Darius Miller ($788,872, fully unguaranteed if waived 27th July 2013), Brian Roberts ($788,872, fully unguaranteed until July 8th, then $50,000 guaranteed until July 20th, thereafter fully guaranteed) and Terrel Harris ($884,293, fully unguaranteed until October 31st, thereafter $150,000 guaranteed).
There's a lot of variables in play there, but the above calculation is arrived at by assuming that Henry, Amundson and Mason are renounced, Aminu isn't, and all the unguaranteed contracts survive. These assumptions are based on the same sort of logic as the Bobcats (we won't be landing major FAs, so don't need the extra space.)
New Orleans still has their amnesty clause, but none of their players are eligible for it.
This post was edited on 6/8 at 12:22 pm