New York Knicks 2024-25 Financial Summary

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

SEASON
TEAM
 
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RELATED:
Updated 2026 Cap Space and Spending Power Projections
Total Cap

$192,408,606 / 8th

Cap Space

$-51,820,606 / 23rd

Projected Cash Payroll

$198,765,398 / 3rd

Cash Total

$198,765,398 / 3rd

2024-25 Active Roster

Non-Guaranteed
  Player (18) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
1
 Towns Karl-Anthony Towns C 29 $49,205,800 35.00% $49,205,800 $49,205,800 $49,205,800 $49,205,800 2028
2
 Anunoby OG Anunoby SF 27 $36,637,932 26.06% $36,637,932 $36,637,932 $36,637,932 $36,637,932 2029
3
 Brunson Jalen Brunson PG 28 $24,960,001 17.75% $24,960,001 $24,960,001 $24,960,001 $24,960,001 2029
4
 Bridges Mikal Bridges SF 28 $23,300,000 16.57% $23,300,000 $23,300,000 $23,300,000 $23,300,000 2030
5
 Hart Josh Hart SG 29 $18,144,000 12.91% $18,144,000 $18,144,000 $18,144,000 $18,144,000 2028
6
 Robinson Mitchell Robinson C 26 $14,318,182 10.18% $14,318,182 $14,318,182 $14,318,182 $14,318,182 2026
7
 Achiuwa Precious Achiuwa PF 25 $6,000,000 4.27% $6,000,000 $6,000,000 $6,000,000 $6,000,000 2026
8
 McBride Miles McBride PG 24 $4,710,144 3.35% $4,710,144 $4,710,144 $4,710,144 $4,710,144 2027
9
 Payne Cameron Payne PG 30 $2,087,519 1.48% $2,087,519 $2,087,519 $3,003,427 $3,003,427 2026
10
 Wright Delon Wright PG 32 $2,087,519 1.48% $2,087,519 $2,087,519 $1,139,231 $3,003,427 2025
11
 Kolek Tyler Kolek PG 23 $2,087,519 1.48% $2,087,519 $2,087,519 $2,087,519 $2,087,519 2028
12
 Dadiet Pacome Dadiet SG 19 $1,808,080 1.29% $1,808,080 $1,808,080 $1,808,080 $1,808,080 2028
13
 Shamet Landry Shamet SG 27 $1,343,690 0.96% $1,343,690 $1,343,690 $1,682,008 $1,682,008 2026
14
 Shamet Landry Shamet SG 27 $1,343,690 0.96% $1,343,690 $1,343,690 $1,682,008 $1,682,008 2026
15
 Hukporti Ariel Hukporti C 22 $1,064,049 0.76% $1,064,049 $1,064,049 $1,064,049 $1,064,049 2026
16
 Hukporti Ariel Hukporti C 22 $1,064,049 0.76% $1,064,049 $1,064,049 $1,064,049 $1,064,049 2026
17
 Tucker P.J. Tucker PF 39 $246,833 0.18% $246,833 $246,833 $246,833 $246,833 2025
18
 Tucker P.J. Tucker PF 39 $246,833 0.18% $246,833 $246,833 $246,833 $246,833 2025

2024-25 Dead Money

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

  Player (8) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed
1
 Ryan Matt Ryan
SF 27 $621,439 0.44% $621,439 $621,439 $621,439 -
2
 Ryan Matt Ryan
SF 27 $621,439 0.44% $621,439 $621,439 $621,439 -
3
 Tucker P.J. Tucker
PF 39 $119,972 0.09% $119,972 $119,972 $189,872 $189,872
4
 Tucker P.J. Tucker
PF 39 $119,972 0.09% $119,972 $119,972 $189,872 $189,872
5
 Tucker P.J. Tucker
PF 39 $119,972 0.09% $119,972 $119,972 $189,872 $189,872
6
 Tucker P.J. Tucker
PF 39 $119,972 0.09% $119,972 $119,972 $189,872 $189,872
7
 Shamet Landry Shamet
WAIVED
 SG 27 $15,000 0.01% $15,000 $15,000 $15,000 -
8
 Shamet Landry Shamet
WAIVED
 SG 27 $15,000 0.01% $15,000 $15,000 $15,000 -

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
Taxpayer Mid-Level
End-of-Season $5,168,000 $5,168,000
Trade
Dalen Terry trade with NOP
 2/5/2027 $899,118 $899,118
Trade
Guerschon Yabusele trade with CHI
 2/5/2027 $100,882 $100,882

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $190,655,840 4th
Dead Money $1,752,766 21st
Total Allocations $192,408,606 8th
Space $-51,820,606 23rd
1st Apron Summary
1st Apron Maximum $178,132,000
Total Allocations $192,408,606 -
Space $-14,276,606 -
2nd Apron Summary
2nd Apron Maximum
This team is currently hard-capped at the second apron.
 $188,931,000
Total Allocations $192,408,606 -
Space $-3,477,606 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $192,408,606 4th
Space $-21,594,606 27th
Ext. Luxury Tax Bill $49,971,773 -

2024 Deadlines

Deadline Date Player Type Value
6/29/2026 Ariel Hukporti
RFA / QO
2026-27 Qualifying Offer 		$2,725,905
6/29/2026 Dillon Jones
RFA / QO
2026-27 Qualifying Offer — Two-Way
6/29/2026 Trey Jemison
RFA / QO
2026-27 Qualifying Offer — Two-Way
6/29/2026 Kevin McCullar Jr.
RFA / QO
2026-27 Qualifying Offer — Two-Way
6/29/2026 Mohamed Diawara
RFA / QO
2026-27 Qualifying Offer
6/29/2026 Jose Alvarado
PLAYER
2026-27 Player Option 		$4,500,000
7/4/2026 Tyler Kolek
EXTENSION ELIGIBLE
2026-27 Extension Eligible
8/10/2026 Josh Hart
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/31/2026 Pacome Dadiet
CLUB
2027-28 Club Option 		$5,373,608
6/29/2027 Karl-Anthony Towns
PLAYER
2027-28 Player Option 		$62,062,000
6/29/2027 Tyler Kolek
CLUB
2027-28 Club Option 		$2,486,995
6/29/2027 Josh Hart
CLUB
2027-28 Club Option 		$22,375,280
7/6/2027 OG Anunoby
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/12/2027 Jalen Brunson
EXTENSION ELIGIBLE
2027-28 Extension Eligible
6/29/2028 Jalen Brunson
PLAYER
2028-29 Player Option 		$43,330,561
6/29/2028 Pacome Dadiet
RFA / QO
2028-29 Qualifying Offer 		$8,431,191
6/29/2028 OG Anunoby
PLAYER
2028-29 Player Option 		$48,362,068
8/1/2028 Mikal Bridges
EXTENSION ELIGIBLE
2028-29 Extension Eligible
6/29/2029 Mikal Bridges
PLAYER
2029-30 Player Option 		$41,517,856

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2023 James Nnaji C 21 Nigeria
2022 Hugo Besson PG 24 France
2021 Rokas Jokubaitis PG 25 Lithuania
2017 Ognjen Jaramaz PF 30 Serbia
2016 Wang Zhelin C 32 China
2015 Nikola Radicevic PG 31 Serbia
2015 Juan Vaulet SF 30 Argentina
2015 Luka Mitrovic SF 32 Serbia
2013 Bojan Dubljevic PF 34 Montenegro
2010 Latavious Williams SF 36 United States
2009 Emir Preldzic SF 38 Turkey
2009 Sergio Llull PG 38 Spain
2008 Tadija Dragicevic SF 40 Serbia
2007 Brad Newley F 41 Australia
2007 Petteri Koponen G 37 Finland
2005 Axel Hervelle PF 42 Belgium

Future Draft Picks

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
NYK
Not Tradable, owe 2027 to BKN
WAS
If 1-8 then most favorable of MEM, ORL, PHX and WAS 1-8
NYK
If 9-30 (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
BKN

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    BKN
Or swap with BKN (via BKN swap for 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
BKN

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

2031
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
BKN

2032
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

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
WAS
More favorable of MIN and NYK (via DET to WAS)
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
NYK
Second and third most favorable of HOU, IND, MIA and OKC to NYK; then others to OKC and SAS (via HOU to DET to UTA to OKC)
ATL
(via POR)
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
NYK
If 46-60 (via ORL to PHX)
UTA
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
CHI
Least favorable of DET, MIL and NYK then others to DET (via MIL to BRK to DET; via NYK to DET to SAC)

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
ATL
(via POR)

2031
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
CHI
(via DET to CHA)

2032
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

Feb 13, 2026
Jeremy Sochan, PF

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

Feb 05, 2026
Latavious Williams, SF

Traded to New York (NYK) from New Orleans (NOP) with Jose Alvarado for Dalen Terry, 2nd round pick and 2nd round pick

Feb 05, 2026
Jose Alvarado, PG

Traded to New York (NYK) from New Orleans (NOP) with Latavious Williams for Dalen Terry, 2nd round pick and 2nd round pick

Feb 05, 2026
Dalen Terry, SG

Traded to New York (NYK) from Chicago (CHI) for Guerschon Yabusele and cash considerations

Jan 20, 2026
Dillon Jones, SF

Signed a Two-Way contract with New York (NYK)

View More Transactions

RECENT NEWS

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Updated 2026 Cap Space and Spending Power Projections

A look at the 2026 cap space and spending power projections post NBA trade deadline.
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