Player (15)	Pos.	Cap Figure	Base Salary	Likely Incent.	Unlikely Incent.	Trade Bonus	Cap Figure	Cap % Team	Cap % League	Cash Remaining (Guaranteed)	Notes
Randle Julius Randle	PF	$28,226,880	$25,660,800	$2,566,080	-	-	$28,226,880	16.07	21.06	$82,684,800 ($82,684,800)	Vet Extension / Bird
Brunson Jalen Brunson	PG	$26,346,666	$26,346,666	-	-	-	$26,346,666	15.00	19.66	$76,266,668 ($76,266,668)	Free Agent / Space
Barrett R.J. Barrett	SG	$23,883,929	$23,883,929	-	$2,901,790	-	$23,883,929	13.60	17.82	$107,000,000 ($107,000,000)	Rk Extension / Bird
Fournier Evan Fournier	SG	$18,857,143	$18,857,143	-	$1,500,000	-	$18,857,143	10.74	14.07	$37,857,143 ($18,857,143)	Free Agent / Sign & Trade
Robinson Mitchell Robinson	C	$15,681,818	$15,681,818	-	-	-	$15,681,818	8.93	11.70	$42,954,546 ($42,954,546)	Free Agent / Bird
Rose Derrick Rose	PG	$15,596,339	$15,596,339	-	-	-	$15,596,339	8.88	11.64	$15,596,339 ($15,596,339)	Free Agent / Early Bird
Hart Josh Hart	SG	$12,960,000	$12,960,000	-	-	-	$12,960,000	7.38	9.67	$12,960,000 ($0)	Acquired via Trade G'teed: $0
Hartenstein Isaiah Hartenstein	C	$9,245,121	$8,195,121	$1,050,000	-	-	$9,245,121	5.26	6.90	$8,195,121 ($8,195,121)	Free Agent / Space
Toppin Obi Toppin	PF	$6,803,012	$6,803,012	-	-	-	$6,803,012	3.87	5.08	$6,803,012 ($6,803,012)	Drafted / Rookie Scale
Quickley Immanuel Quickley	PG	$4,171,548	$4,171,548	-	-	-	$4,171,548	2.38	3.11	$4,171,548 ($4,171,548)	Drafted / Rookie Scale
Grimes Quentin Grimes	SG	$2,385,720	$2,385,720	-	-	-	$2,385,720	1.36	1.78	$6,682,402 ($2,385,720)	Drafted / Rookie Scale
Jeffries DaQuan Jeffries	SG	$2,066,585	$2,066,585	-	-	-	$2,066,585	1.18	1.54	$2,066,585 ($0)	RoS / Room G'teed: $0
Roby Isaiah Roby	PF	$2,066,585	$2,066,585	-	-	-	$2,066,585	1.18	1.54	$2,066,585 ($0)	RoS / Room G'teed: $0
Sims Jericho Sims	C	$1,927,896	$1,927,896	-	-	-	$1,927,896	1.10	1.44	$4,020,240 ($600,000)	Free Agent / Space G'teed: $600,000
McBride Miles McBride	PG	$1,836,096	$1,836,096	-	-	-	$1,836,096	1.05	1.37	$1,836,096 ($1,836,096)	Drafted / Space

2023-24 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. Renouncing 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 (2)	Pos.	Qualifying Offer	Likely Incent.	Unlikely Incent.	Trade Kicker	Cap Figure	Rights
KeelsTrevor Keels	SG	$1,774,999				$1,774,999	Two-Way
Washington Jr.Duane Washington Jr.	PG	$1,774,999				$1,774,999	Two-Way

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.

Taxpayer Mid-Level Exception Details is awarded annually to teams who are above the cap and above the Luxury Tax Apron ($169,000,000) and can be used for contracts up to 3 years in length.

Bi-Annual Exception Details is available to any teams who are below the Luxury Tax Apron ($169,000,000), and did not use this exception in the previous season. It can be used for contracts up to 2 years in length.

Type	Reason (Used On)	Original	Available
Taxpayer Mid-Level		$5,000,000	$5,000,000
Bi-Annual		$4,448,000	$4,448,000

2023-24 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
2023 NBA Luxury Tax Threshold		$162,000,000
Total Taxable Salaries		$172,055,338
Current Luxury Tax Space		$-10,055,338
Est. Luxury Tax Bill		$16,388,348

2023-24 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	$172,055,338
Cap Holds	$3,549,998
Total Salaries	$175,605,336
2023 NBA Salary Cap Max	$134,000,000
Actual Cap Max Space	$-41,605,336

Cap Type	Cap Total
Active Roster Cap	$172,055,338
Cap Holds	$3,549,998
Total Cap Allocations	$175,605,336
Salary Cap Maximum
2023 NBA Salary Cap Max	$134,000,000
Current Cap Space	$-41,605,336
"Super Tax" Apron
2023 NBA Super-Tax Apron	$179,500,000
Super-Tax Apron Space	$3,042,872

 

2023-24 Practical Cap Space

Available Practical Cap Space:

$-46,972,930 — $-5,510,624

$-46,972,930

Projected Practical Cap Space:

This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries + estimated exercised and declined options + estimated retained cap holds and draft pool cap holds.

$-5,510,624

Maximum Possible Cap Space:

This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries. All other options, cap holds, exceptions are assumed as declined, waived or renounced.

Deadlines

Deadline Date	Player	Type	Value
6/24/2023	Derrick Rose	2023-24 Club Option	$15,596,339
6/24/2023	Josh Hart	2023-24 Player Option — non-guaranteed
6/25/2023	Josh Hart	2023-24 Guaranteed	$12,960,000
6/29/2023	Duane Washington Jr.	2023-24 Qualifying Offer — Two-Way	$1,774,999
6/29/2023	Trevor Keels	2023-24 Qualifying Offer — Two-Way	$1,774,999
6/29/2023	Miles McBride	2023-24 Club Option	$1,836,096
10/31/2023	Quentin Grimes	2024-25 Club Option	$4,296,682
1/10/2024	DaQuan Jeffries	2023-24 Guaranteed	$2,066,585
1/10/2024	Isaiah Roby	2023-24 Guaranteed	$2,066,585
6/29/2024	Evan Fournier	2024-25 Club Option	$19,000,000
6/30/2024	Obi Toppin	2024-25 Qualifying Offer	$9,170,460
6/30/2024	Immanuel Quickley	2024-25 Qualifying Offer	$6,128,004
7/16/2024	Jericho Sims	2023-24 Guaranteed — later of 7/16/24 or 10 days after last day of 2024 moratorium	$1,302,359
8/19/2024	Jericho Sims	2023-24 Guaranteed — later of 8/16/24 or 45 days after last day of 2024 moratorium	$2,092,344
6/29/2025	Jalen Brunson	2025-26 Player Option	$24,960,001
6/30/2025	Quentin Grimes	2025-26 Qualifying Offer	$6,311,826

Unsigned Draft Picks

Draft Year	Player	Age	Position	Country	College
2009	Emir Preldzic	35	SF	TUR
2008	Tadija Dragicevic	37	SF	SRB
2013	Bojan Dubljevic	31	PF	MNE
2015	Daniel Diez	30	SF	ESP
2015	Nikola Radicevic	29	PG	SRB
2009	Sergio Llull	35	PG	ESP
2016	Wang Zhelin	29	C	CHN
2017	Mathias Lessort	27	SF	FRA
2017	Ognjen Jaramaz	27	PF	SRB
2021	Rokas Jokubaitis	22	PG	LTU
2005	Axel Hervelle	40	PF	BEL
2007	Brad Newley	38	F	AUS

Future Draft Picks

• Round 1
• Round 2