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New York Knicks Team Salary

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Quick: Under the cap by up to approximately $18 million and hard-capped by the Austin Rivers sign and trade.

Salary Cap: $109,140,000

Luxury Tax Threshold: $132,627,000

Hard Cap: $138,928,000

Projection for 2021-22 ($112,414,000 cap): Up to $69.1 million in cap space.

Roster Count: 15 guaranteed, two two-ways

Depth Chart*:
PG: Elfrid Payton Austin Rivers, Dennis Smith Jr, Frank Ntilikina, Jared Harper (two-way)
SG: RJ Barrett, Immanuel Quickley
SF: Reggie Bullock, Kevin Knox, Ignas Brazdeikis, Theo Pinson (two-way), Alec Burks (injured)
PF: Julius Randle, Taj Gibson, Obi Toppin (injured)
C: Mitchell Robinson, Nerlens Noel

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

Exceptions

  • Room Exception — $4,767,000

Non-Guaranteed Salaries — Next Cut-Down Date*

  • Taj Gibson (TBD) — 2/24/21

* Players and teams can agree to push back cut-down dates but no later than 2/24/21.

Waived Players: Taj Gibson, Elfrid Payton, Wayne Ellington, Kenny Wooten (two-way, claimed by the Houston Rockets), Jacob Evans, Skal Labissiere, Andrew White III, Tyler Hall, James Young, Louis King, Michael Kidd-Gilchrist, Bryce Brown, Myles Powell, Omari Spellman

Traded Players: Ed Davis

G-League Affiliate: Westchester Knicks (director of basketball operations Joel Abelson, Derrick Alston head coach)

Two-Way Contracts: Jared Harper, Theo Pinson

Governor: James Dolan

Basketball Executives

  • Leon Rose – president
  • Scott Perry — general manager
  • William Wesley — executive vice president, senior basketball advisor
  • Walt Perrin — assistant general manager, college scouting
  • Frank Zanin — assistant general manager, pro scouting
  • Brock Aller — vice president, basketball and strategic planning
  • Allan Houston — special assistant to the general manager
  • Jamie Matthews — vice president, basketball operations
  • Joel Abelson — director, basketball operations

Coaching Staff

Head Coach: Tom Thibodeau

Assistants: Johnnie Bryant (associate head coach), Darren Erman, Andy Greer, Larry Greer, Mike Woodson, Kenny Payne

Trainer: Anthony Goenaga

Pick Swaps

  • 2021 — Owed a first-rounder from the Dallas Mavericks (Kristaps Porzingis).
  • 2021 — First-round swap rights with the Los Angeles Clippers, provided the Clippers’ pick is lower than 4th (Marcus Morris).
  • 2021 — Owed a second-rounder from the Detroit Pistons (Khyri Thomas, Tobias Harris, Marcus Morris).
  • 2021 — Owed a second-rounder from the Charlotte Hornets (Willy Hernangomez).
  • 2021 — Owe a second-rounder to Philadelphia 76ers (Willy Hernangomez).
  • 2023 — Owed a first-rounder (top-10 protected through 2025, otherwise converts to a 2025 second-rounder) from the Dallas Mavericks (Kristaps Porzingis).
  • 2023 — Owed a second-rounder from the Detroit Pistons (Khyri Thomas, Tobias Harris, Marcus Morris, Daniel Oturu, Ricky Rubio).
  • 2023 — Owed a second-rounder from the Utah Jazz (Ed Davis).
  • 2024 — The Knicks have swap rights with the Utah Jazz (Ed Davis) for the higher of the Cleveland Cavaliers or Jazz’ second-rounders.
  • 2026 — Owed a second-rounder from the Minnesota Timberwolves (Omari Spellman).

Cash Paid ($5,617,000 max): TBD to the Utah Jazz (Ed Davis)

Cash Received ($5,617,000 max): $0

Deadlines

  • 2/6/21 — No-trade restrictions lift on Alec Burks, Austin Rivers, Nerlens Noel and Elfrid Payton.
  • 2/23/21 — Ten-day contracts can be signed.
  • 3/23/21 — No-trade restriction lifts on Taj Gibson.
  • 3/25/21 — Trade deadline.
  • 7/30/21 — Julius Randle’s $21,780,000 (incentives TBD) guarantees for 2021-22.
  • 7/31/21 — Qualifying offer deadlines on Frank Ntilikina and Dennis Smith Jr.
  • 7/31/21 — Team options on Mitchell Robinson and Ignas Brazdeikis.
  • 7/31/21 — Mitchell Robinson’s $1,802,057 guarantees for 2021-22.
  • Note: 2021-22 timing will still need revision with 2020-21 running late.
  • 8/1/21 — Final day of 2020-21 season.
  • 8/2/21 — Start of 2021-22 season and moratorium.
  • 8/9/21 — Austin Rivers’ $3,325,000 guarantees for 2021-22 (seven days after the end of the moratorium).
  • Before the first day of 2021-22 season — Extension deadline on Kevin Knox.
  • 10/31/21 — Team options on RJ Barrett, Immanuel Quickley and Obi Toppin.
  • 6/29/22 — Qualifying offer on Ignas Brazdeikis and Kevin Knox.
  • 7/12/22 — Austin Rivers’ $3,1,50,000 guarantees for 2022-23 (seven days after the end of the moratorium).
  • Before first day of the 2022-23 season — Extension deadline for RJ Barrett.
  • 10/31/22 — Team options on Obi Toppin and Immanuel Quickley.
  • 6/29/23 — Qualifying offer deadline for RJ Barrett.
  • Before first day of the 2023-24 season — Extension deadlines for Obi Toppin and Immanuel Quickley.
  • 6/29/24 — Qualifying offer deadlines for Obi Toppin and Immanuel Quickley.
  • TBD — Taj Gibson’s guarantee details.

Teams and players can renegotiate guarantee dates but no later than 2/24/21.

Transactions

  • 7/30/20 — Hired Tom Thibodeau as head coach.
  • 11/17/20 — Traded 2020-27th and 2020-38th to the Utah Jazz for 2020-23rd and the rights to Ante Tomic (2008-44th).
  • 11/18/20 — Drafted Obi Toppin (2020-8th) and Leandro Bolmaro (2020-53rd).
  • 11/19/20 — Waived Taj Gibson, Elfrid Payton, Wayne Ellington and Kenny Wooten (two-way, claimed by the Houston Rockets).
  • 11/19/20 — Reggie Bullock’s $4.2 million guaranteed for 2019-20.
  • 11/19/20 — Declined team options on Bobby Portis and Theo Pinson.
  • 11/19/20 — Issued a qualifying offer to Jared Harper.
  • 11/19/20 — Declined to issue a qualifying offers to Damyean Dotson and Theo Pinson.
  • 11/20/20 — Traded the rights to Leandro Bolmaro (2020-53rd) to the Minnesota Timberwolves for the rights to Mathias Lessort (2017-50th) and a 2023 second-rounder, and the rights to Immanuel Quickley (2020-25th) from the Oklahoma City Thunder.
  • 11/22/20 — Renounced the rights to Mo Harkless.
  • 11/22/20 — Traded 2024 second-round swap rights and cash (TBD) to the Utah Jazz for Ed Davis and a 2023 second-rounder.
  • 11/22/20 — Signed Alec Burks to a $6 million contract.
  • 11/23/20 — Signed Obi Toppin (2020-8th) to a $22,118,492 rookie-scale contract.
  • 11/23/20 — Re-signed Jared Harper to a two-way contract ($50,000 guaranteed).
  • 11/24/20 — Traded Ed Davis to the Minnesota Timberwolves for Jacob Evans, Omari Spellman and a 2026 second-rounder.
  • 11/24/20 — Signed Nerlens Noel to a $5 million contract.
  • 11/25/20 — Traded the rights to Yusuf Sanon (2018-44th) to the Houston Rockets for Austin Rivers (via sign and trade) and the rights to Sergio Llull (2009-34th), Tadija Dragicevic (2008-53rd) and Axel Hervelle (2005-52nd). Rivers signed a partially-guaranteed three-year $9,975,000 contract.
  • 11/28/20 — Mitchell Robinson’s $1,663,861 guaranteed for 2020-21.
  • 11/28/20 — Signed Immanuel Quickley (2020-25th) to a $10,803,948 rookie-scale contract.
  • 11/29/20 — Re-signed Theo Pinson to a two-way contract ($50,000 guaranteed).
  • 11/29/20 — Re-signed Elfrid Payton to a $4,767,000 contract.
  • 11/29/20 — Signed Myles Powell to a non-guaranteed $898,310 minimum summer contract (Exhibits 9 and 10).
  • 11/30/20 — Signed Michael Kidd-Gilchrist to a non-guaranteed $2,320,044 minimum summer contract (Exhibit 9).
  • 12/8/20 — Signed Skal Labissiere to a non-guaranteed $1,737,145 minimum summer contract (Exhibits 9 and 10).
  • 12/9/20 — Waived Jacob Evans.
  • 12/10/20 — Signed James Young to a $1,737,145 minimum summer contract (Exhibits 9 and 10).
  • 12/11/20 — Waived Skal Labissiere.
  • 12/11/20 — Signed Andrew White III to a non-guaranteed $1,445,697 minimum summer contract (Exhibits 9 and 10).
  • 12/12/20 — Waived Andrew White III.
  • 12/12/20 — Signed Tyler Hall to a non-guaranteed $898,310 minimum summer contract (Exhibits 9 and 10).
  • 12/14/20 — Waived Tyler Hall.
  • 12/15/20 — Signed Bryce Brown to a non-guaranteed $898,310 minimum summer contract (Exhibits 9 and 10).
  • 12/16/20 — Waived James Young.
  • 12/16/20 — Signed Louis King to a non-guaranteed $1,445,697 minimum summer contract (Exhibits 9 and 10).
  • 12/17/20 — Waived Louis King.
  • 12/19/20 — Waived Michael Kidd-Gilchrist, Bryce Brown and Myles Powell.
  • 12/21/20 — Extension deadlines on Frank Ntilikina and Dennis Smith Jr elapsed.
  • 12/21/20 — Picked up the third-year rookie-scale option on RJ Barrett.
  • 12/21/20 — Picked up the fourth-year rookie-scale option on Kevin Knox.
  • 12/29/20 — Declined the fourth-year rookie-scale option on Omari Spellman.
  • 1/7/21 — Waived Omari Spellman.
  • 1/7/21 — Signed Taj Gibson for the rest of the season at a non-guaranteed (TBD) $2,283,684.

Trade Kickers

  • None

Note: Players can waive their trade bonuses.

No-Trade: Elfrid Payton (One-Year Bird); Taj Gibson (One-Year Bird)

Expired 10-Day Contracts: None

Unsigned Draft Picks

  • First-rounders: None
  • Second-rounders: Mathias Lessort (2017-50th), Ognjen Jaramaz (2017-58th), Louis Labeyrie (2014-57th), Sergio Llull (2009-34th), Ante Tomic (2008-44th), Tadija Dragicevic (2008-53rd), Axel Hervelle (2005-52nd)

Qualifying Offers

  • None

Rookie-Scale Extension Eligible

  • None

Free Agents (with Cap Holds)

  • None

Rookie-Scale Options

  • None

Arena: Madison Square Garden

Archives
2019-20
2018-19
2017-18
2016-17
2015-16
2014-15
2013-14
2012-13

Cap Holds

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

(Updated on 1/15/21)

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