Salary Cap Snapshot: New York Knicks

Here’s a breakdown of where the Knicks currently stand financially:

Guaranteed Salary

Total Guaranteed Salary= $102,163,602

Non-Guaranteed Salary

  • Ron Baker —$468,471 [Salary Fully Guaranteed on 1/10/17]
  • J.P. Tokoto —$443,471 [Salary Fully Guaranteed on 1/10/17]
  • Chasson Randle —$443,471 [Salary Fully Guaranteed on 1/10/17]

Total Non-Guaranteed Salary= $1,355,413

Eligible for Rookie Scale Extensions: None

Cash Sent Out Via Trade:  $0 [Amount Remaining $3.5MM]

Cash Received Via Trade: $0 [Amount Remaining $3.5MM]

Payroll Exceptions Available

  • None [Room Exception used to sign Mindaugas Kuzminskas]

Total Projected Payroll: $103,519,015

Salary Cap: $94,143,000

Estimated Available Cap Space: $9,376,015

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $9,767,985

Last Update: 10/1/16

The Basketball Insiders salary pages were used in the creation of this post.

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