Pelicans Must Decide on Kevon Looney’s $8M Option—Here’s What It Means for the Roster and Playoffs
The New Orleans Pelicans have until June 30 to decide whether to exercise Kevon Looney’s $8 million player option for the 2024-25 season, a move that could reshape the team’s salary cap flexibility and playoff ambitions. The 30-year-old center, acquired in a blockbuster trade from the Golden State Warriors in February 2024, has emerged as a key rotational big man for the Pelicans, averaging 10.1 points, 8.3 rebounds, and 1.8 blocks per game this season. The decision hinges on cap space constraints, roster depth, and whether Looney’s production justifies the financial commitment.
Why the $8M Option Matters for New Orleans
The Pelicans are navigating a tight salary cap situation, with $37.5 million in cap space entering the offseason, according to Basketball Insider. Exercising Looney’s option would lock in $8 million for the 2024-25 season, reducing flexibility for free agency or trades. However, retaining Looney—who has been a reliable two-way force—could provide stability for a team still rebuilding its core.
Looney’s arrival in New Orleans was part of a broader effort to bolster the Pelicans’ frontcourt, alongside Brandon Ingram and Brandon Clark. His defensive presence and offensive versatility have been critical in a league where center depth is increasingly valuable. The Pelicans finished the 2023-24 season with a 15-17 record in the final 32 games, partly due to injuries and roster turnover.
How the Decision Affects the Pelicans’ Salary Cap
If the Pelicans decline Looney’s option, they would save $8 million, creating more cap space for potential free-agent targets or trades. However, losing Looney—who has been a reliable rotation player—could force the team to pursue another center in free agency, where options are limited.
According to ESPN’s salary tracker, the Pelicans have several key expiring contracts, including Jason Smith ($12.7M) and Herbert Jones ($10.5M). Retaining Looney could complicate decisions on whether to re-sign these players or explore trade options.
Key Cap Numbers:
- $8M – Looney’s team option for 2024-25
- $37.5M – Current cap space (as of June 2024)
- $12.7M – Jason Smith’s expiring contract
- $10.5M – Herbert Jones’ expiring contract
What This Means for the Pelicans’ Playoff Hopes
The Pelicans, currently projected as a 7th or 8th seed in the Western Conference by official NBA standings, are in a rebuilding phase. Looney’s presence could provide defensive stability in a playoff run, but the team’s long-term trajectory depends on developing younger players like Tyrese Maxey and Jaylen Nowell.
If the Pelicans decline Looney’s option, they may need to acquire a center in free agency or via trade. Top free-agent targets include Evans Fitzgerald (if released by the Warriors) or Robin Lowe. However, the Pelicans’ limited cap space could restrict their ability to compete for top-tier big men.
Kevon Looney’s Impact in New Orleans
Since joining the Pelicans in February 2024, Looney has been a steady contributor, particularly on defense. His 1.8 blocks per game rank among the highest in the league for centers, and his ability to switch onto guards has been a valuable asset for a team that relies on versatility. Offensively, he has shown improvement in finishing around the rim and running the floor, averaging 10.1 points per game in his first 30 games with New Orleans.
Looney’s Stats (2023-24 Season):
- 10.1 PPG (on 52.3% FG)
- 8.3 RPG (including 1.8 BPG)
- 1.2 APG (improved playmaking)
- 50.1% FT (reliable at the line)
His defensive impact has been particularly noticeable in matchups against elite centers like Nikola Jokić and Joel Embiid, where his mobility and shot-blocking have disrupted opponents’ rhythm.
FAQ: What You Need to Know About the Pelicans’ Decision
1. Will the Pelicans re-sign Kevon Looney if they decline his option?
Unlikely. If the Pelicans decline, Looney will become an unrestricted free agent and could sign with another team offering a larger contract. The Pelicans would need to pursue another center in free agency or via trade.
2. How would exercising Looney’s option affect the Pelicans’ cap space?
Exercising the $8M option would reduce the Pelicans’ cap space by that amount, making it harder to sign free agents or make trades. The team currently has $37.5M in cap space, which is tight given their expiring contracts.
3. Could the Pelicans trade Looney before deciding on his option?
Yes, but it would complicate their cap situation. Trading Looney would free up cap space but could limit their frontcourt depth. The Pelicans would need to find a trade partner willing to take on Looney’s contract.
4. What are the Pelicans’ biggest needs in free agency?
The Pelicans’ top priorities are likely a reliable point guard (to replace Jordan Williams, who is a free agent) and a center to pair with Looney. However, their limited cap space may restrict their options.
The Pelicans’ decision on Kevon Looney’s $8M option is one of several critical moves they must make in the coming weeks. With a playoff push in mind and a tight salary cap, the choice between retaining Looney and preserving flexibility will shape the team’s future. Follow Archysport for updates on the Pelicans’ offseason moves.
Next Checkpoint: June 30, 2024 – Deadline for Pelicans to exercise Looney’s option.
What do you think the Pelicans should do? Share your thoughts in the comments below.
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