New York Knicks Team Salary

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Quick: Over the cap and over the tax threshold.

Projected 2015/16 Cap Space: $20.7-$28.3 million, depending primarily on cap hold of Alexey Shved — less with cap holds for Andrea Bargnani and Jason Smith.

Exceptions *

  • Mid-Level Exception: $5,464,000 (in July)
  • Bi-Annual Exception: $2,139,000 (in July)
  • Trade Exception (Raymond Felton, expiring 6/25/15) — $3,637,073
  • Trade Exception (Travis Outlaw, expiring 10/27/15) — $1,863,840
  • Trade Exception (J.R. Smith, expiring 1/5/16) — $5,982,375
  • Trade Exception (Iman Shumpert, expiring 1/5/16) — $2,616,975
  • Trade Exception (Tim Hardaway Jr., expiring 6/25/16) — $1,250,640
  • Room: $2,814,000 (in July)

* Room Exception only available if other exceptions renounced.

Free Agents

  • Bird: Andrea Bargnani, Alexey Shved, Quincy Acy
  • Early Bird: Cole Aldrich
  • Limited Bird: Shane Larkin
  • Non-Bird: Lou Amundson, Lance Thomas, Jason Smith, Travis Wear, Baron Davis*, Mike Bibby*

* Cannot be used in a sign and trade because they were not active players in the NBA last season.

Amnesty: Used on Chauncey Billups.

Acquisitions

  • 6/25/15 — Selected Kristaps Porzingis with the 4th pick in the draft.
  • 6/25/15 — Traded Tim Hardaway Jr. to Atlanta Hawks for Jerian Grant (2015-19th).
  • 6/25/15 — Traded a 2020 second-rounder, a 2021 second-rounder and $1.5 million in cash to Philadelphia 76ers for Guillermo Hernangomez (2015-35th)

Waived Players: None

Unsigned Draft Picks

  • First-rounders: Kristaps Porzingis (2015-4th), Jerian Grant (19th)
  • Second-rounders: Guillermo Hernangomez (2015-35th), Thanasis Antetokounmpo (2014-51st, Louis Labeyrie (2014-57th), Ahmad Nivins (2009-56th)

Roster Count: Three guaranteed, two non-guaranteed

Depth Chart*:
PG: Jose Calderon, Langston Galloway
SG: Ricky Ledo
SF: Carmelo Anthony, Cleanthony Early
PF:
C:

*Note: Teams often adjust their depth chart throughout the season, sometimes game by game.

Head Coach: Derek Fisher (signed in 2014 to a five-year deal for up to $25 million)

Basketball Executives:

  • Phil Jackson- President
  • Steve Mills — Executive Vice President and General Manager
  • Allan Houston — Assistant General Manager
  • Jamie Matthews — Vice President, Basketball Operations
  • Mark Warkentien — Director, Player Personnel
  • Glen Grunwald — Basketball Advisor
  • John Gabriel — Director, Basketball Operations

Pick Swaps:

  • 2016 — Denver Nuggets have right to swap first-rounders (Carmelo Anthony).
  • 2016 — Owe first-rounder (after Denver swap) to Toronto Raptors (Andrea Bargnani).
  • 2016 — Owe second-rounder to Houston Rockets (Raymond Felton, Jrue Holiday, Wayne Ellington, Jason Terry).
  • 2017 — Owed second-rounder from Houston Rockets (Pablo Prigioni).
  • 2017 — Owe second-rounder to Utah Jazz (Andrea Bargnani, Steve Novak).
  • 2018 — Philadelphia 76ers have right to swap the Los Angeles Clippers’ second-rounder with the Knicks second-rounder (Byron Mullens, Travis Outlaw).
  • 2019 — Owed second-rounder from Cleveland Cavaliers (Dion Waiters).
  • 2019 — Owed second-rounder from Houston Rockets (Pablo Prigioni).
  • 2019 — Owe second-rounder to Philadelphia 76ers (Travis Outlaw).
  • 2020 — Owe second-rounder to Philadelphia 76ers (Guillermo Hernangomez).
  • 2021 — Owe second-rounder to Philadelphia 76ers (Guillermo Hernangomez).

Cash Paid ($3.3 million max): $1.5 million to Philadelphia 76ers (Guillermo Hernangomez)

Cash Received ($3.3 million max): $0

Archives
2014-15
2013-14
2012-13

Cap Holds

Baron Davis — $915,243 (Non-Bird)
Mike Bibby — $915,243 (Non-Bird)

For notes on some of the rules and an explanation of cap holds, please refer to the following Salary Notes.

Salary and team data changes quite often. If you notice a discrepancy, please notify Basketball Insiders Senior Writer Eric Pincus.

(Updated on 7/1/15)