With the NBA trade deadline passed, teams are focusing on locking down playoff spots or vying for a better chance in the draft lottery. Outside of the players who are added on 10-day deals, or those lucky enough to turn those auditions into long-term contracts, teams’ rosters are relatively set for the remainder of the season.
We at Hoops Rumors are in the process of taking a look ahead at each franchise’s salary cap situation heading into the summer, and the free agent frenzy that occurs every offseason. While the exact amount of the 2015/16 salary cap won’t be announced until July, the cap is projected to come in somewhere around $67.4MM, with the luxury tax threshold projected at approximately $81MM. This year’s $63.065MM cap represented an increase of 7.7% over 2013/14, which was well above the league’s projected annual increase of 4.5%.
We’ll continue onward by taking a look at the Knicks’ cap outlook for 2015/16…
Here are the players with guaranteed contracts:
- Carmelo Anthony — $22,875,000
- Jose Calderon — $7,402,812
- Cleanthony Early — $845,059
- Tim Hardaway Jr. — $1,304,520
Here are the players with non-guaranteed contracts:
- Langston Galloway — $845,059
Players with options:
The Knicks’ Cap Summary for 2015/16:
- Guaranteed Salary: $32,427,391
- Options/Non-Guaranteed Salary: $845,059
- Total: $33,272,450
The Basketball Insiders salary pages were used in the creation of this post.