ELFRID PAYTON
New Orleans Pelicans
Free Agent Cap Hold
Point Guard
: 9 : No
United StatesAGENT DETAILS
SUMMARY▴▾
Elfrid Payton is a 32 year old point guard who was born on Feb 22, 1994. He was drafted 10th overall by the Philadelphia 76ers in the 1st round of the 2014 draft. He has signed 13 contracts worth a total value of $49,251,589. He is represented by the agent Chafie Fields of Wasserman Basketball.
CONTRACT HISTORY
: $2,712,375: 3.80
ORLElfrid Payton signed a 2-4 year, $10,849,500 contract with the Orlando Magic on Jul 2, 2014. The contract has a cap hit that ranges from $2,397,840 to $3,332,340.
| Season | Option | Option Used | Cap Hit | Base Salary | Guaranteed | Likely Inctv. | Unlikely Inctv. |
|---|---|---|---|---|---|---|---|
| 2014-15 | $2,397,840 | $2,322,840 | $2,322,840 | $75,000 | $0 | ||
| 2015-16 | $2,505,720 | $2,430,720 (+5%) | $2,430,720 | $75,000 | $0 | ||
| 2016-17 | Team | Yes (Oct 25, 2015) | $2,613,600 | $2,613,600 (+8%) | $2,613,600 (0→2.61M) | $0 | $0 |
| 2017-18 | Team | Yes (Oct 25, 2016) | $3,332,340 | $3,332,340 (+31%) | $3,332,340 (0→3.33M) | $0 | $0 |
| TOTAL | $10,849,500 | $10,699,500 | $10,699,500 | $150,000 | $0 |
PHX on Jun 27, 2018: $3,000,000: 2.94Elfrid Payton signed a 1 year, $3,000,000 contract with the New Orleans Pelicans on Jul 8, 2018. The contract has a cap hit of $3,000,000.
| Season | Option | Option Used | Cap Hit | Base Salary | Guaranteed | Likely Inctv. | Unlikely Inctv. |
|---|---|---|---|---|---|---|---|
| 2018-19 | $3,000,000 | $3,000,000 | $3,000,000 | $0 | $0 | ||
| TOTAL | $3,000,000 | $3,000,000 | $3,000,000 | $0 | $0 |
: $8,000,000: 7.33
NYKElfrid Payton signed a 2 year, $16,000,000 contract with the New York Knicks on Jul 8, 2019. The contract has a cap hit of $8,000,000.
| Season | Option | Option Used | Cap Hit | Base Salary | Guaranteed | Likely Inctv. | Unlikely Inctv. |
|---|---|---|---|---|---|---|---|
| 2019-20 | $8,000,000 | $8,000,000 | $8,000,000 | $0 | $0 | ||
| 2020-21 W | $8,000,000 | $8,000,000 | $1,000,000 | $0 | $0 | ||
| TOTAL | $16,000,000 | $16,000,000 | $9,000,000 | $0 | $0 |
NYK - Nov 19, 2020): $4,767,000: 4.37NYKElfrid Payton signed a 1 year, $4,767,000 contract with the New York Knicks on Nov 29, 2020. The contract has a cap hit of $4,767,000.
| Season | Option | Option Used | Cap Hit | Base Salary | Guaranteed | Likely Inctv. | Unlikely Inctv. |
|---|---|---|---|---|---|---|---|
| 2020-21 | $4,767,000 | $4,767,000 | $4,767,000 | $0 | $0 | ||
| TOTAL | $4,767,000 | $4,767,000 | $4,767,000 | $0 | $0 |
: $2,389,641: 1.48Elfrid Payton signed a 1 year, $2,389,641 contract with the Phoenix Suns on Aug 11, 2021. The contract has a cap hit of $1,669,178.
| Season | Option | Option Used | Cap Hit | Base Salary | Guaranteed | Likely Inctv. | Unlikely Inctv. |
|---|---|---|---|---|---|---|---|
| 2021-22 | $1,669,178 | $2,389,641 | $2,389,641 | $0 | $0 | ||
| TOTAL | $1,669,178 | $2,389,641 | $2,389,641 | $0 | $0 |
EXHIBIT 10
COMPARE THIS CONTRACT
→: $2,891,467: 2.00Elfrid Payton signed a 1 year, $2,891,467 contract with the Indiana Pacers on Sep 27, 2023. The contract has a cap hit of $2,019,706.
| Season | Option | Option Used | Cap Hit | Base Salary | Guaranteed | Likely Inctv. | Unlikely Inctv. |
|---|---|---|---|---|---|---|---|
| 2023-24 W | $2,019,706 | $2,891,467 | $0 | $0 | $0 | ||
| TOTAL | $2,019,706 | $2,891,467 | $0 | $0 | $0 |
IND - Sep 30, 2023)EXHIBIT 10
COMPARE THIS CONTRACT→: $2,988,550: 2.00Elfrid Payton signed a 1 year, $2,988,550 contract with the New Orleans Pelicans on Oct 10, 2024. The contract has a cap hit of $2,087,519.
| Season | Option | Option Used | Cap Hit | Base Salary | Guaranteed | Likely Inctv. | Unlikely Inctv. |
|---|---|---|---|---|---|---|---|
| 2024-25 W | $2,087,519 | $2,988,550 | $0 | $0 | $0 | ||
| TOTAL | $2,087,519 | $2,988,550 | $0 | $0 | $0 |
NOP - Oct 16, 2024)VETERAN CONTRACT (REST OF SEASON)
COMPARE THIS CONTRACT→: $2,490,458: 2.00Elfrid Payton signed a 1 year, $2,490,458 contract with the New Orleans Pelicans on Nov 20, 2024. The contract has a cap hit of $1,739,599.
| Season | Option | Option Used | Cap Hit | Base Salary | Guaranteed | Likely Inctv. | Unlikely Inctv. |
|---|---|---|---|---|---|---|---|
| 2024-25 W | $1,739,599 | $2,490,458 | $0 | $0 | $0 | ||
| TOTAL | $1,739,599 | $2,490,458 | $0 | $0 | $0 |
NOP - Dec 3, 2024): $171,756: 0.00
CHAElfrid Payton signed a 1 year, $171,756 contract with the Charlotte Hornets on Feb 7, 2025. The contract has a cap hit of $119,972.
| Season | Option | Option Used | Cap Hit | Base Salary | Guaranteed | Likely Inctv. | Unlikely Inctv. |
|---|---|---|---|---|---|---|---|
| 2024-25 | $119,972 | $171,756 | $171,756 | $0 | $0 | ||
| TOTAL | $119,972 | $171,756 | $171,756 | $0 | $0 |
: $171,756: 0.00CHAElfrid Payton signed a 1 year, $171,756 contract with the Charlotte Hornets on Feb 18, 2025. The contract has a cap hit of $119,972.
| Season | Option | Option Used | Cap Hit | Base Salary | Guaranteed | Likely Inctv. | Unlikely Inctv. |
|---|---|---|---|---|---|---|---|
| 2024-25 | $119,972 | $171,756 | $171,756 | $0 | $0 | ||
| TOTAL | $119,972 | $171,756 | $171,756 | $0 | $0 |
10-DAY CONTRACT
COMPARE THIS CONTRACT→: $171,756: 0.00NOPElfrid Payton signed a 1 year, $171,756 contract with the New Orleans Pelicans on Mar 21, 2025. The contract has a cap hit of $119,972.
| Season | Option | Option Used | Cap Hit | Base Salary | Guaranteed | Likely Inctv. | Unlikely Inctv. |
|---|---|---|---|---|---|---|---|
| 2024-25 | $119,972 | $171,756 | $171,756 | $0 | $0 | ||
| TOTAL | $119,972 | $171,756 | $171,756 | $0 | $0 |
10-DAY CONTRACT
COMPARE THIS CONTRACT: $171,756: 0.00NOPElfrid Payton signed a 1 year, $171,756 contract with the New Orleans Pelicans on Apr 2, 2025. The contract has a cap hit of $119,972.
| Season | Option | Option Used | Cap Hit | Base Salary | Guaranteed | Likely Inctv. | Unlikely Inctv. |
|---|---|---|---|---|---|---|---|
| 2024-25 | $119,972 | $171,756 | $171,756 | $0 | $0 | ||
| TOTAL | $119,972 | $171,756 | $171,756 | $0 | $0 |
VETERAN CONTRACT (REST OF SEASON)
COMPARE THIS CONTRACT: $1,593,975: 0.00Elfrid Payton signed a 2 year, $3,187,949 contract with the New Orleans Pelicans on Apr 11, 2025. The contract has a cap hit that ranges from $34,351 to $3,153,598.
| Season | Option | Option Used | Cap Hit | Base Salary | Guaranteed | Likely Inctv. | Unlikely Inctv. |
|---|---|---|---|---|---|---|---|
| 2024-25 | $34,351 | $34,351 | $34,351 | $0 | $0 | ||
| 2025-26 | Team | No (Jun 29, 2025) | $3,153,598 | $3,153,598 (+9081%) | $0 | $0 | $0 |
| TOTAL | $3,187,949 | $3,187,949 | $34,351 | $0 | $0 |
DEAD CAP
New York Knicks| SEASON | BASE SALARY | CAP HIT | |
| 2020-21 | $1,000,000 | $1,000,000 |
New Orleans Pelicans| SEASON | BASE SALARY | CAP HIT | |
| 2024-25 | $274,809 | $274,809 |
SalarySwish
SalarySwish