New York Knicks 2018 Salary Cap

An updated look at the New York Knicks 2018-19 salary cap table, including team cap space, dead cap figures, exceptions, & complete breakdowns of player cap hits, salaries, and bonuses.

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Player (12) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
KanterEnes Kanter 26 C Bird $18,622,513 - - ($18,622,513) $18,622,513 14.60
NoahJoakim Noah 33 C Cap Space $18,530,000 - - ($37,825,000) $18,530,000 14.53
Hardaway Jr.Tim Hardaway Jr. 26 SG Cap Space $17,325,000 - - ($54,450,000) $17,325,000 13.58
LeeCourtney Lee 32 SG Cap Space $12,253,780 - - ($25,013,450) $12,253,780 9.61
ThomasLance Thomas 30 SF Early Bird $7,119,650 - - ($8,119,650) $7,119,650 5.58
PorzingisKristaps Porzingis 22 PF Rookie $5,697,054 - - ($5,697,054) $5,697,054 4.47
BakerRon Baker 25 SG Room $4,544,400 - - ($4,544,400) $4,544,400 3.56
MudiayEmmanuel Mudiay 22 PG Rookie $4,294,480 - - ($4,294,480) $4,294,480 3.37
NtilikinaFrank Ntilikina 19 PG Rookie $4,155,720 - - ($4,155,720) $4,155,720 3.26
BurkeTrey Burke 25 PG Minimum $1,795,015 - - - $1,795,015 1.41
WilliamsTroy Williams 23 SF Minimum $1,544,951 - - - $1,544,951 1.21
DotsonDamyean Dotson 24 SG Minimum $1,378,242 - - ($1,378,242) $1,378,242 1.08


2018-19 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Knicks are currently over the league salary cap, these cap holds do not count against their Total Cap figure. Denouncing these cap holds will NOT afford the team any new cap space. These figures are not counted toward a team's Luxury Tax Allocation.

Player (4) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
O'QuinnKyle O'Quinn 28 C         $7,766,250  
KnoxKevin Knox 18 SF         $3,708,120  
BeasleyMichael Beasley 29 SF Non-Bird         $1,544,951  
JackJarrett Jack 34 PG Non-Bird         $1,544,951  


Exceptions

Exceptions are essentially "grants" offering teams an additional way to sign players. Exceptions can be split up for multiple player signings, however only one of these exceptions may be used in a season and they cannot be combined.

Non-Taxpayer Mid-Level Exception Details is awarded annually to teams who are above the cap but below the Luxury Tax Apron ($129,000,000) and can be used for contracts up to 4 years in length.

Bi-Annual Exception Details is available to any teams who are below the Luxury Tax Apron ($129,000,000), and did not use this exception in the previous season. It can be used for contracts up to 2 years in length.

Trade Exception Details becomes available when a team relinquishes more salary than it acquires during a trade. The "credit" balance remains as an exception that can be used within the next year to acquire salary via trade without further relinquishing additional salary.

Type Amount Amount Remaining Reason/Notes Expire Date
Non-Taxpayer Mid-Level Exception $8,567,770 $8,567,770
Bi-Annual Exception $3,353,315 $3,353,315
Trade Exception $2,381,965 $2,381,965 Carmelo Anthony trade with OKC 09/25/2018
Trade Exception $1,435,750 $1,435,750 Willy Hernangomez 02/07/2019


2018-19 Luxury Tax Totals

Denotes the Knicks current standing in terms of the luxury tax threshold. Teams that spend over the threshold pay fines (estimated below).

Type Totals
2018 NBA Luxury Tax Threshold $123,000,000
Total Taxable Salaries $97,260,805
Luxury Tax Space $25,739,195


2018-19 New York Knicks Salary Cap Totals

The Knicks are currently over the league salary cap. This means Cap Holds & Exceptions are NOT included in their Total Cap Allocations, and renouncing these figures will not afford them any cap space. The team may only sign outside players using any available exceptions or at league minimum salaries.

Cap Type Total
Active Roster Cap $97,260,805
Cap Holds $30,303,072
Total Salaries $127,563,877
2018 NBA Salary Cap Max $101,000,000
Actual Cap Max Space $-26,563,877
Practical Cap Max Space $3,739,195
Cap Type Cap Total
Active Roster Cap $97,260,805
Cap Holds $30,303,072
Total Cap Allocations $127,563,877
2018 NBA Salary Cap Max $101,000,000
Cap Max Space $-26,563,877
Practical Cap Space $3,739,195