Salary Cap Breakdown – New York Knicks

Salary Cap Breakdown – New York Knicks

Coming into free agency, the New York Knicks salary cap for next season was already deep into the luxury tax past the first apron and approaching the dreaded second apron. So to lower their salary cap at least a little, they declined PJ Tucker’s team option. They also have not brought back a few players from last season like Precious Aua, and he’s probably going to end up signing elsewhere. However, they did nab a couple of coveted free agents. First, they signed Gershon Yabusellle on a two-year contract for about 5 a.5 million per year. Then, they signed Jordan Clarkson, who had been on the Utah Jazz, to an even more favorable minimum contract for a year. Oh, and they also drafted Mohamd Diaro with the 51st pick, but he hasn’t been offered a fully guaranteed contract yet. And besides changing coaches, which obviously doesn’t impact their salary cap, that’s pretty much all the Knicks did this off season. Now, it’s important to remember that Jaylen Brunson took an unprecedented discount last off season by signing a 4-year deal then instead of waiting and signing a 5-year deal now. If he had waited, his contract this year would be nearly $12 million more than what he’s currently making, which would put the Knicks into the second apron and therefore likely would have rendered some of these moves impossible. But he didn’t and now the Knicks have much more flexibility. So anyways, we’ll see how New York fills out their remaining roster spots as the off season progresses. They still don’t have that much room left if they want to avoid the second apron.

Here’s what the Knicks salary cap looks like heading into next season – they’re mostly running it back, but with a couple of smart additions
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