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Pelicans Expected to Decline Kevon Looney’s $8 Million Team Option

The move would free salary cap room New Orleans can use to pursue targeted roster additions in free agency.

Overview

  • Multiple outlets reported Saturday that the New Orleans Pelicans plan to decline the $8 million team option on center Kevon Looney, which would make him an unrestricted free agent.
  • The team had not formally announced the decision at the time of reporting and the league’s option-deadline mechanics will officially confirm Looney’s status.
  • Looney appeared in just 21 games this season and averaged 2.8 points, 5.6 rebounds and 14.7 minutes per game as injuries and a reduced role limited his contributions.
  • Declining the option is expected to create meaningful cap flexibility for New Orleans, with early projections estimating roughly $13 million in cleared space; the Pelicans separately exercised Karlo Matkovic’s $2.3 million option.
  • Despite reduced minutes, Looney’s three championships, rebounding and screening ability and reputation as a veteran locker-room leader make him a likely target for contenders seeking frontcourt depth.