New York Knicks 2024-25 Financial Summary

A current summary of New York Knicks 2024-25 player cap & cash figures.

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Total Cap Allocations

$206,818,162 / 12th

Cap Space

$-65,818,162 / 19th

Tax Space

$23,007,030

Cash Total

$146,929,890 / 17th

2024-25 Active Roster

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
Player (11) Pos Age Cap Hit Cap Hit Pct League Cap Luxury Tax Cash Total Free Agent Year
Randle
1
Julius Randle
PF 30 $28,939,680 20.52% $28,939,680 $27,561,600 2026
Brunson
2
Jalen Brunson
PG 28 $24,960,001 17.70% $24,960,001 $24,960,001 2026
Anunoby
3
OG Anunoby
SF 27 $19,928,571 14.13% $19,928,571 $19,928,571 2025
Bogdanovic
4
Bojan Bogdanovic
SF 35 $19,032,850 13.50% $19,032,850 $19,032,850 2025
Hart
5
Josh Hart
SG 29 $18,144,000 12.87% $18,144,000 $18,144,000 2028
Robinson
6
Mitchell Robinson
C 26 $14,318,182 10.15% $14,318,182 $14,318,182 2026
DiVincenzo
7
Donte DiVincenzo
SG 28 $11,445,000 8.12% $11,445,000 $11,445,000 2027
McBride
8
Miles McBride
PG 24 $4,710,144 3.34% $4,710,144 $4,710,144 2027
Jeffries
9
DaQuan Jeffries
SG 27 $2,463,946 1.75% $2,463,946 $2,463,946 2025
Diakite
10
Mamadi Diakite
PF 28 $2,273,252 1.61% $2,273,252 $2,273,252 2025
Sims
11
Jericho Sims
C 26 $2,092,344 1.48% $2,092,344 $2,092,344 2025

2024-25 Cap Hold

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc.

Player (7) Pos Age Cap Hit Cap Hit Pct League Cap Free Agent Year
Burks
1
Alec Burks
SG 33 $19,930,240 14.13% - - Bird
Achiuwa
2
Precious Achiuwa
PF 25 $13,138,581 9.32% - - Restricted Bird
Hartenstein
3
Isaiah Hartenstein
C 26 $10,653,657 7.56% - - Early Bird
Brown Jr.
4
Charlie Brown Jr.
SG 26 $2,244,249 1.59% - - Two-Way
Milton
5
Shake Milton
SG 28 $2,093,637 1.48% - - Non-Bird
Washington Jr.
6
Duane Washington Jr.
PG 24 $1,867,722 1.32% - - Two-Way
Toppin
7
Jacob Toppin
SF 24 $1,867,722 1.32% - - Two-Way
Incomplete Roster Charge   $1,160,544        
Round 1, Pick #24   $2,833,800        
Round 1, Pick #25   $2,720,040        
Round 2, Pick #38   -        

2024 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.

Type Reason Used On Expires Original Available
Non-Taxpayer Mid-Level
End-of-Season $12,860,000 $12,860,000
Bi-Annual
End-of-Season $4,682,000 $4,682,000
Trade
Obi Toppin trade with IND
7/8/2024 $6,803,012 $6,803,012
Trade
RJ Barrett trade with TOR
12/30/2024 $5,241,072 $5,241,072
Trade
Malachi Flynn trade with DET
2/10/2025 $3,873,025 $3,873,025

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $141,000,000
Active Roster $148,307,970 17th
Cap Hold $58,510,192 11th
Total Allocations $206,818,162 12th
Space $-65,818,162 19th
Practical Cap Space Summary
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.
$-67,956,135 -
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.
$23,314,709 -
1st Apron Summary
1st Apron Maximum $178,655,000
Total Allocations $151,596,594 -
Space $27,058,406 -
2nd Apron Summary
2nd Apron Maximum $189,486,000
Total Allocations $151,596,594 -
Space $37,889,406 -

2024 Tax Totals

Tax Summary
Tax Threshold $171,315,000
Total Allocations $148,307,970 17th
Space $23,007,030 14th
Ext. Luxury Tax Bill $0 -

2024 Deadlines

Deadline Date Player Type Value
6/24/2024 OG Anunoby
PLAYER
2024-25 Player Option
$19,928,571
6/28/2024 Bojan Bogdanovic
GUARANTEED
2024-25 Guaranteed
$19,030,000
6/29/2024 Charlie Brown Jr.
RFA / QO
2024-25 Qualifying Offer — Two-Way
$2,244,249
6/29/2024 DaQuan Jeffries
CLUB
2024-25 Club Option
$2,463,946
6/29/2024 Jacob Toppin
RFA / QO
2024-25 Qualifying Offer — Two-Way
$1,867,722
6/29/2024 Duane Washington Jr.
RFA / QO
2024-25 Qualifying Offer — Two-Way
$1,867,722
6/29/2024 Precious Achiuwa
RFA / QO
2024-25 Qualifying Offer
$6,275,862
6/29/2024 Josh Hart
CLUB
2027-28 Club Option
$22,375,280
7/9/2024 Jericho Sims
EXTENSION ELIGIBLE
2024-25 Extension Eligible
7/12/2024 Jalen Brunson
EXTENSION ELIGIBLE
2024-25 Extension Eligible
7/12/2024 Mitchell Robinson
EXTENSION ELIGIBLE
2024-25 Extension Eligible
7/16/2024 Jericho Sims
GUARANTEED
2024-25 Guaranteed — later of 7/16/24 or 10 days after last day of 2024 moratorium - guaranteed 7/16/23
$1,302,359
8/3/2024 Julius Randle
EXTENSION ELIGIBLE
2024-25 Extension Eligible
8/16/2024 Jericho Sims
GUARANTEED
2024-25 Guaranteed — later of 8/16/24 or 45 days after last day of 2024 moratorium
$2,092,344
10/30/2024 Bojan Bogdanovic
EXTENSION ELIGIBLE
2024-25 Extension Eligible
1/10/2025 Mamadi Diakite
GUARANTEED
2024-25 Guaranteed
$2,273,252
6/29/2025 Jalen Brunson
PLAYER
2025-26 Player Option
$24,960,001

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2021 Rokas Jokubaitis PG 23 Lithuania
2017 Mathias Lessort SF 28 France
2017 Ognjen Jaramaz PF 28 Serbia
2016 Wang Zhelin C 30 China
2015 Nikola Radicevic PG 30 Serbia
2015 Daniel Diez SF 31 Spain
2013 Bojan Dubljevic PF 32 Montenegro
2009 Emir Preldzic SF 36 Turkey
2009 Sergio Llull PG 36 Spain
2008 Tadija Dragicevic SF 38 Serbia
2007 Brad Newley F 39 Australia
2005 Axel Hervelle PF 41 Belgium

Future Draft Picks

2025

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DAL
Top-10 Protected (if not already settled with NYK)
NYK
11-30 (if not already settled)
DET
Top-13 Protected (if not already settled with NYK)
NYK
14-30 (if not already settled, via HOU to OKC)
NYK
5-30 (via NOP to POR to DET)
NYK
WAS
Top-10 Protected (if not already settled with NYK)
NYK
11-30 (if not already settled, via HOU to OKC)

2026

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DET
Top-11 Protected (if not already settled with NYK)
NYK
12-30 (if not already settled, via HOU to OKC)
NYK
WAS
Top-8 Protected (if not already settled with NYK then more favorable of PHX, ORL and WAS 1-8)
NYK
9-30 (if not already settled, via HOU to OKC)

2027

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
DET
Top-9 Protected (if not already settled with NYK)
NYK
10-30 (if not already settled, via HOU to OKC)
NYK

2028

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
NYK

2029

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
NYK

2030

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
NYK

2025

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
NYK
via ATL
BOS    DET    NYK
BOS pick if DAL conveys 1st to NYK by 2025; DET pick if DAL does not convey 1st to NYK by 2025
NYK
FORFEITED DUE TO TAMPERING

2026

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
NYK
Less favorable of MIN and NYK to NYK then other to DET
DET
More favorable of MIN and NYK to DET then other to NYK
WAS    NYK
WAS pick if WAS conveys 1st to NYK by 2026; NYK pick if WAS does not convey 1st to NYK to by 2026 (via HOU to OKC)

2027

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
DET    NYK
DET pick if DET conveys 1st to NYK by 2027; NYK pick if DET does not convey 1st to OKC by 2027 (via HOU to OKC)
NYK
WAS    NYK
WAS pick if WAS conveys 1st to NYK by 2026; NYK pick if WAS does not convey 1st to NYK to by 2026 (via HOU to OKC)

2028

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
DET
NYK
Less favorable of IND and PHX to NYK then other to IND (via IND)

2029

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
NYK
Less favorable of IND and WAS to IND then other to NYK
DET

2030

31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
NYK

TRANSACTIONS

Apr 05, 2024
Josh Hart

Fined $4,000 for ejection from NYK-CHI game

Apr 04, 2024
Julius Randle

Will miss the remainder of the 2023-24 with New York (NYK) due to season-ending shoulder injury

Mar 25, 2024
DaQuan Jeffries

Signed a Rest-of-Season contract with New York (NYK)

Mar 25, 2024
Mamadi Diakite

Signed a Rest-of-Season contract with New York (NYK)

Mar 14, 2024
Mamadi Diakite

Signed a 10-day contract with New York (NYK)

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