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New York Knicks 2020-21 Salary Cap

An updated look at the New York Knicks 2020-21 salary cap table, including team cap space, dead cap figures, exceptions, & complete breakdowns of player cap hits, salaries, and bonuses.

Knicks – The Athletic

Player Option
Club Option
Estimate
Trade Kicker
Block Trade Clause
No Trade Clause
Player (13) Age Pos. Cap % Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
RandleJulius Randle 25 PF $18,900,000 Cap Space $18,900,000 - - ($18,900,000) $18,900,000 17.27
PortisBobby Portis 25 PF $15,750,000 Cap Space $15,750,000 - - - $15,750,000 14.40
GibsonTaj Gibson 35 PF $9,450,000 Cap Space $9,450,000 - - ($1,000,000) $9,450,000 8.64
BarrettR.J. Barrett 20 SF $8,231,760 Rookie $8,231,760 - - ($8,231,760) $8,231,760 7.52
EllingtonWayne Ellington 32 SG $8,000,000 Cap Space $8,000,000 - - ($1,000,000) $8,000,000 7.31
PaytonElfrid Payton 26 PG $8,000,000 Cap Space $8,000,000 - - ($1,000,000) $8,000,000 7.31
NtilikinaFrank Ntilikina 22 PG $6,176,578 Rookie $6,176,578 - - ($6,176,578) $6,176,578 5.65
Smith Jr.Dennis Smith Jr. 22 PG $5,686,677 Rookie $5,686,677 - - ($5,686,677) $5,686,677 5.20
KnoxKevin Knox 21 SF $4,588,680 Rookie $4,588,680 - - ($4,588,680) $4,588,680 4.19
BullockReggie Bullock 29 SG $4,200,000 Room $4,200,000 - - ($1,000,000) $4,200,000 3.84
PinsonTheo Pinson 24 SG $1,701,593 Minimum $1,701,593 - - - $1,701,593 1.56
RobinsonMitchell Robinson 22 C $1,663,861 MLE $1,663,861 - - - $1,663,861 1.52
BrazdeikisIgnas Brazdeikis 21 SF $1,517,981 Cap Space $1,517,981 - - ($1,517,981) $1,517,981 1.39


2020-21 Two-Way

Players signed to Two-Way contracts that are currently designated to G-League affiliate. Two-way salaries do not count against a team's Total Cap Allocations.

Player (1) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
WootenKenny Wooten 22 PF -       -  


2020-21 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 35 C $6,431,667 - - - $6,431,667 5.88


2020-21 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 (3) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
DotsonDamyean Dotson 26 SG Restricted Bird   $2,023,150  
HarperJared Harper 23 PG Restricted Non-Bird   $1,549,812  
RabbIvan Rabb 23 PF Restricted Non-Bird   $1,549,812  


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.

Room Mid-Level Exception Details is awarded annually to teams who are below the cap (eliminating the NTMLE/TMLE/BAE) and 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 (Remaining) Reason/Notes Expire Date
Room Exception $4,767,000
($4,767,000)
Trade Exception $3,988,766
($3,988,766)
Marcus Morris trade with LAC 02/06/2021


2020-21 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
2020 NBA Luxury Tax Threshold $132,627,000
Total Taxable Salaries $100,298,797
Luxury Tax Space $32,328,203


2020-21 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 $93,867,130
Dead Money $6,431,667
Cap Holds $9,111,540
Total Salaries $109,410,337
2020 NBA Salary Cap Max $109,140,000
Actual Cap Max Space $-270,337
Cap Type Cap Total
Active Roster Cap $93,867,130
Dead Money $6,431,667
Cap Holds $9,111,540
Total Cap Allocations $109,410,337
2020 NBA Salary Cap Max $109,140,000
Cap Max Space $-270,337
Practical Cap Space $48,216,797



Deadlines

Deadline Date Player Type Value
2021-22
10/31/2021 R.J. Barrett 2022-23 Club Option $10,900,635
06/29/2022 Kevin Knox 2022-23 Qualifying Offer $7,921,301
06/29/2022 Ignas Brazdeikis 2022-23 Qualifying Offer $2,228,276
2022-23
06/29/2023 R.J. Barrett 2023-24 Qualifying Offer $14,301,633