Salary Cap Snapshot: New York Knicks

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

Guaranteed Salary

Total Guaranteed Salary= $102,613,251

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

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

Payroll Exceptions Available

Total Projected Payroll: $102,613,251

Salary Cap: $94,143,000

Estimated Available Cap Space: $8,470,251

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $10,673,749

Last Update: 3/3/17

The Basketball Insiders salary pages and The Vertical’s salary database were used in the creation of this post.

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