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 (18) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap Figure Cap % Cash Remaining
(Guaranteed)
Notes
Randle Julius Randle PF $21,780,000 $19,800,000 $1,980,000 - - $21,780,000 17.60 $126,244,800
($126,244,800)
Free Agent / Space
Fournier Evan Fournier SG $17,142,857 $17,142,857 - $1,500,000 - $17,142,857 13.85 $73,000,000
($54,000,000)
Free Agent / Sign & Trade
Rose Derrick Rose PG $13,445,120 $13,445,120 - - - $13,445,120 10.86 $43,562,189
($27,965,850)
Free Agent / Early Bird
Burks Alec Burks SG $9,536,000 $9,536,000 - - - $9,536,000 7.71 $30,038,400
($19,548,800)
Free Agent / Space
Noel Nerlens Noel C $8,800,000 $8,800,000 - $1,320,000 - $8,800,000 7.11 $27,720,000
($18,040,000)
Free Agent / Space
Walker Kemba Walker PG $8,729,020 $8,729,020 - - - $8,729,020 7.05 $17,894,491
($17,894,491)
Free Agent / Space
Barrett R.J. Barrett SG $8,623,920 $8,623,920 - - - $8,623,920 6.97 $19,524,555
($8,623,920)
Drafted / Rookie Scale
Knox Kevin Knox SF $5,845,978 $5,845,978 - - - $5,845,978 4.72 $5,845,978
($5,845,978)
Drafted / Rookie Scale
Toppin Obi Toppin PF $5,105,160 $5,105,160 - - - $5,105,160 4.13 $17,256,452
($5,105,160)
Drafted / Rookie Scale
Gibson Taj Gibson PF $4,910,000 $4,910,000 - - - $4,910,000 3.97 $10,065,500
($4,910,000)
Free Agent / Room
Vildoza Luca Vildoza PG $3,325,000 $3,325,000 - - - $3,325,000 2.69 $9,625,000
($0)
RoS / Space
G'teed: $0
Quickley Immanuel Quickley SG $2,210,640 $2,210,640 - - - $2,210,640 1.79 $8,698,428
($2,210,640)
Drafted / Rookie Scale
Grimes Quentin Grimes SG $2,168,760 $2,168,760 - - - $2,168,760 1.75 $11,128,162
($4,445,760)
Drafted / Rookie Scale
Robinson Mitchell Robinson C $1,802,057 $1,802,057 - - - $1,802,057 1.46 $1,802,057
($1,802,057)
Drafted / NT-MLE
McBride Miles McBride PG $925,258 $925,258 - - - $925,258 0.75 $4,324,872
($2,488,776)
Drafted / Space
Training Camp/Exhibit 10, Exhibit 9
BaconDwayne Bacon SG $1,669,178 $1,789,256 - $1,669,178 - - Exhibit-10
SimmsAamir Simms PF $925,258 $925,258 - $925,258 - - Exhibit-10
WalkerM.J. Walker SF $925,258 $925,258 - $925,258 - - Exhibit-10


2021-22 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) Pos.
SimsJericho Sims PF          


2021-22 Dead/Retained Cap

Cap breakdowns for players who have been released or served 10-day contracts. All count against the team's Total Cap Allocations.

Player (1) Pos. Base Salary Likely
Incent.
Unlikely
Incent.
Trade Bonus Cap Figure Cap % Notes
NoahJoakim Noah C $6,431,666 - - - $6,431,666 5.20 Waived


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 (2) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
HarperJared Harper PG - $1,489,065 Two-Way
PinsonTheo Pinson SG - $1,489,065 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.

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.

Type Amount (Remaining) Reason/Notes Expire Date
Room Exception $4,910,000
($4,910,000)


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 $120,781,436
Current Luxury Tax Space $15,824,564


2021-22 New York Knicks Salary Cap Totals

This team is currently "hard-capped", which means their Total Taxable Salaries may not exceed $143,002,000 at any point during the season.

Cap Type Cap Total
Active Roster Cap $114,349,770
Dead Money $6,431,666
Cap Holds $2,978,130
Total Cap Allocations $123,759,566
Salary Cap Maximum
2021 NBA Salary Cap Max $112,414,000
Current Cap Space $-11,345,566
Salary Hard-Cap
2021 NBA Hard-Cap ("Luxury Tax Apron") $143,002,000
Total Hard-Cap Salaries $123,601,436
Hard-Cap Space $19,400,564
 

2021-22 Practical Cap Space

Available Practical Cap Space: $-5,320,205 — $1,389,230

$-5,320,205
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.

$1,389,230
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
10/21/2021 Luca Vildoza Guaranteed $3,325,000
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
06/29/2022 Alec Burks 2023-24 Club Option $10,489,600
06/29/2022 Derrick Rose 2023-24 Club Option $15,596,339
06/30/2022 Kevin Knox 2022-23 Qualifying Offer $7,921,301
06/30/2022 Ignas Brazdeikis 2022-23 Qualifying Offer $2,228,276
2022-23
09/29/2022 Luca Vildoza Guaranteed $1,570,000
10/16/2022 Luca Vildoza Guaranteed $3,150,000
10/31/2022 Quentin Grimes 2023-24 Club Option $2,385,720
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 Taj Gibson Guaranteed $5,155,500
06/29/2023 Miles McBride 2023-24 Club Option $1,836,096
06/29/2023 Nerlens Noel 2023-24 Club Option $9,680,000
06/29/2023 Luca Vildoza 2023-24 Club Option
06/30/2023 R.J. Barrett 2023-24 Qualifying Offer $14,301,633
2023-24
09/29/2023 Luca Vildoza Guaranteed $1,570,000
10/17/2023 Luca Vildoza Guaranteed $3,150,000
10/31/2023 Quentin Grimes 2024-25 Club Option $4,296,682
06/29/2024 Evan Fournier 2024-25 Club Option $19,000,000
06/30/2024 Obi Toppin 2024-25 Qualifying Offer $9,170,460
06/30/2024 Immanuel Quickley 2024-25 Qualifying Offer $6,128,004
2024-25
06/30/2025 Quentin Grimes 2025-26 Qualifying Offer $6,311,825