The Knicks will keep guards Ryan Arcidiacono and Svi Mykhailiuk on their roster through the NBA’s league-wide salary guarantee deadline, locking in their full cap hits for 2022/23, reports Steve Popper of Newsday (Twitter link).
This season’s salary guarantee date is January 10. A team wanting to avoid guaranteeing the salary for a player on a non-guaranteed contract must cut the player today so that he clears waivers before that deadline.
Arcidiacono, 28, has played a very limited role in just 10 games for the Knicks this season, logging only 25 total minutes. However, the sixth-year point guard is considered a Tom Thibodeau favorite — Arcidiacono also signed a pair of 10-day contracts and a rest-of-season deal with the Knicks last season despite not being part of the rotation.
Mykhailiuk has only played marginally more than Arcidiacono so far in 2022/23, logging 39 minutes across 12 games. The 25-year-old wing has made 6-of-10 three-pointers in his limited run, increasing his career rate from beyond the arc to 35.6%.
Both Arcidiacono and Mykhailiuk are on minimum-salary contracts and will count against the Knicks’ cap for $1,836,090 this season.
Although their salaries are now guaranteed for the rest of 2022/23, that doesn’t necessarily mean Arcidiacono and Mykhailiuk will finish the season with New York — they could be included in trades or could be cut if the club needs to open up a roster spot. The Knicks aren’t in any immediate danger of surpassing the luxury tax threshold and could afford to eat their modest full-season cap hits down the road if necessary.