Derik Queen
ROOKIE SCALE CONTRACTRFADerik Queen signed a 2-4 year, $24,355,797 contract with the New Orleans Pelicans on Jul 5, 2025. The contract has a cap hit that ranges from $5,157,960 to $8,107,917.
- Total value
- $24,355,797
- Guaranteed
- $10,374,040 (43%)
- AAV
- $6,088,949
- Length
- 2 - 4 years
- Avg cap %
- 3.4%
- Signing method
- Rookie Exception
- Signing team
- NOP
- Signed
- July 5, 2025
| Season | Option | Cap hit | % Cap | Base | Guaranteed | Likely inc. | Unlikely inc. |
|---|---|---|---|---|---|---|---|
| 2025-26current | — | $5,157,960 | 3.3% | $5,057,960 | $5,057,960 | $100,000 | $0 |
| 2026-27 | — | $5,416,080 | 3.3% | $5,316,080 | $5,316,080 | $100,000 | $0 |
| 2027-28 | team opt | $5,673,840 | 3.1% | $5,673,840 | $0 | $0 | $0 |
| 2028-29 | team opt | $8,107,917 | 4.0% | $8,107,917 | $0 | $0 | $0 |
Qualifying offer: $11,758,660Cap hold 2029-30: $24,323,751
Updated 6/13/2026CONTRACT NOTE: Likely bonuses include: summer league and summer conditioning.