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New York Knicks

New York Knicks 2021-22 Salary Cap

Knicks 2021-22 Salary Cap

An updated look at the New York Knicks 2021 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

Knicks – The Athletic

Player Option
Club Option
Non-Guaranteed
Estimate
Player (8) Age Pos. Cap Figure Signed Using Base Salary
(Likely Incentives)
Dead Cap Cap Figure Cap % Future Gteed Cash
RandleJulius Randle 26 PF $21,780,000 Cap Space $19,800,000
$1,980,000
($4,000,000) $21,780,000 17.65 -
BarrettR.J. Barrett 21 SG $8,623,920 Rookie $8,623,920 ($8,623,920) $8,623,920 6.99 -
KnoxKevin Knox 22 SF $5,845,978 Rookie $5,845,978 ($5,845,978) $5,845,978 4.74 -
ToppinObi Toppin 23 PF $5,105,160 Rookie $5,105,160 ($5,105,160) $5,105,160 4.14 -
VildozaLuca Vildoza 26 PG $3,325,000 Cap Space $3,325,000 - $3,325,000 2.69 -
QuickleyImmanuel Quickley 22 SG $2,210,640 Rookie $2,210,640 ($2,210,640) $2,210,640 1.79 -
RobinsonMitchell Robinson 23 C $1,802,057 NT-MLE $1,802,057 - $1,802,057 1.46 -
PelleNorvel Pelle 28 PF $1,701,593 Cap Space $1,701,593 - $1,701,593 1.38 -


2021-22 Dead Cap

Cap breakdowns for players who have been traded or released. All count against the team's Total Cap Allocations.

Player (1) Age Pos. Signed Using Base Salary Signing Bonus Trade Kicker Dead Money Cap Figure Cap %
NoahJoakim Noah 36 C $6,431,666 - - - $6,431,666 5.21


2021-22 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 (9) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Qualifying Offer Cap Figure Cap %
NtilikinaFrank Ntilikina 23 PG Bird   $7,031,451 $18,529,734  
RoseDerrick Rose 32 PG Early Bird   - $9,987,805  
BurksAlec Burks 30 SG Non-Bird   - $7,200,000  
NoelNerlens Noel 27 C Non-Bird   - $6,000,000  
PaytonElfrid Payton 27 PG Non-Bird   - $5,720,400  
BullockReggie Bullock 30 SF Early Bird   - $5,460,000  
GibsonTaj Gibson 36 PF Non-Bird   - $1,669,178  
HarperJared Harper 24 PG Two-Way   $1,489,065 $1,489,065  
PinsonTheo Pinson 25 SG Two-Way   $1,489,065 $1,489,065  
Incomplete Roster Charge 4 spots 4 spots           $3,701,032    
Round 1, Pick #19           $2,770,560    
Round 1, Pick #21           $2,553,120    
Round 2, Pick #32           -    
Round 2, Pick #58           -    


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 ($143,096,000) 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 ($143,096,000), and did not use this exception in the previous season. It can be used for contracts up to 2 years in length.

Type Amount (Remaining) Reason/Notes Expire Date
Non-Taxpayer Mid-Level Exception $9,536,000
($9,536,000)
Bi-Annual Exception $3,732,000
($3,732,000)


2021-22 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
2021 NBA Luxury Tax Threshold $136,606,000
Total Taxable Salaries $63,857,465
Current Luxury Tax Space $72,748,535


2021-22 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 Cap Total
Active Roster Cap $50,394,348
Dead Money $6,431,666
Cap Holds $66,569,959
Total Cap Allocations $123,395,973
Salary Cap Maximum
2021 NBA Salary Cap Max $112,414,000
Current Cap Space $-10,981,973
Salary Cap Floor
2021 NBA Salary Cap Floor $101,173,000
Current Floor Space $44,346,986
 

2021-22 Practical Cap Space

Available Practical Cap Space: $51,312,098 — $73,902,558

$51,312,098
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.

$73,902,558
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
2021-22
07/31/2021 Julius Randle Guaranteed $19,800,000
08/01/2021 Mitchell Robinson Club Option $1,802,057
10/17/2021 Luca Vildoza Guaranteed $3,325,000
10/17/2021 Luca Vildoza 2023-24 Guaranteed $3,150,000
10/31/2021 R.J. Barrett 2022-23 Club Option $10,900,635
10/31/2021 Obi Toppin 2022-23 Club Option $5,348,280
10/31/2021 Immanuel Quickley 2022-23 Club Option $2,316,240
01/10/2022 Norvel Pelle Guaranteed $1,701,593
06/29/2022 Kevin Knox 2022-23 Qualifying Offer $7,921,301
06/29/2022 Ignas Brazdeikis 2022-23 Qualifying Offer $2,228,276
06/29/2022 Norvel Pelle 2022-23 Club Option
2022-23
09/29/2022 Luca Vildoza Guaranteed $1,570,000
10/16/2022 Luca Vildoza Guaranteed $3,150,000
10/31/2022 Obi Toppin 2023-24 Club Option $6,803,012
10/31/2022 Immanuel Quickley 2023-24 Club Option $4,171,548
01/10/2023 Norvel Pelle Guaranteed $1,846,738
06/29/2023 R.J. Barrett 2023-24 Qualifying Offer $14,301,633
06/29/2023 Luca Vildoza 2023-24 Club Option
2023-24
09/29/2023 Luca Vildoza Guaranteed $1,570,000
06/29/2024 Obi Toppin 2024-25 Qualifying Offer $9,170,460
06/29/2024 Immanuel Quickley 2024-25 Qualifying Offer $6,128,004