About a year ago today, I wrote a column in the 2016 off-season. That time is now here, and boy, things are getting crazy. So where does New Orleans stand regarding this off-season from a salary cap perspective?
Heading into free agency, the Pelicans were sitting at around $21-22 million in cap room, with the ability to move that number up to close to $25 million based on decisions related to Toney Douglas, Luke Babbitt, and Cheick Diallo (I’ll explain more about that in a bit). As of late last night, the Pelicans have verbally agreed to terms with Pacers forward Solomon Hill and Bulls guard E’Twaun Moore on four-year contracts worth a total of $48 million and $34 million respectively.