Micah Peavy
ROOKIE CONTRACTRFAMicah Peavy signed a 3-4 year, $8,685,386 contract with the New Orleans Pelicans on Jul 6, 2025. The contract has a cap hit that ranges from $1,272,870 to $2,735,698.
- Total value
- $8,685,386
- Guaranteed
- $3,423,787 (39%)
- AAV
- $2,171,347
- Length
- 3 - 4 years
- Avg cap %
- 1.2%
- Signing method
- Second Round Rookie Exception
- Signing team
- NOP
- Signed
- July 6, 2025
| Season | Option | Cap hit | % Cap | Base | Guaranteed | Likely inc. | Unlikely inc. |
|---|---|---|---|---|---|---|---|
| 2025-26current | — | $1,272,870 | 0.8% | $1,272,870 | $1,272,870 | $0 | $0 |
| 2026-27 | — | $2,150,917 | 1.3% | $2,150,917 | $2,150,917 | $0 | $0 |
| 2027-28 | — | $2,525,901 | 1.4% | $2,525,901 | $0 | $0 | $0 |
| 2028-29 | team opt | $2,735,698 | 1.4% | $2,735,698 | $0 | $0 | $0 |
Qualifying offer: $3,705,537Cap hold 2029-30: $3,270,280
Updated 6/13/2026