New York Knicks Salary Archive – 2020/21

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Sports Editor
Name 2020-21
Julius Randle $18,900,000
RJ Barrett $8,231,760
Derrick Rose $7,682,926
Joakim Noah (stretched) $6,431,667
Frank Ntilikina $6,176,578
Alec Burks $6,000,000
Nerlens Noel $5,000,000
Obi Toppin $4,862,040
Elfrid Payton $4,767,000
Kevin Knox $4,588,680
Reggie Bullock $4,200,000
Terrance Ferguson (waived) $3,944,013
Luca Vildoza $3,500,000
Vincent Poirier (waived) $2,619,207
Immanuel Quickley $2,105,520
Jacob Evans (waived) $2,017,320
Omari Spellman (waived) $1,988,280
Mitchell Robinson $1,663,861
Taj Gibson $1,442,968
Taj Gibson (waived) $1,000,000
Wayne Ellington (waived) $1,000,000
Elfrid Payton (waived) $1,000,000
Norvel Pelle $500,000
John Henson (expired 10-day) $110,998
Norvel Pelle (expired 10-day) $99,020
Norvel Pelle (expired 10-day) $99,020
Jared Harper (expired 10-day) $99,020
Tyler Hall (waived) $25,000
Andrew White (waived) $25,000
Jared Harper (two-way)
Theo Pinson (two-way)
Total $100,079,878

Quick: Under the cap by up to approximately $9.1 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

Roster Count: 15 guaranteed, two two-ways

Depth Chart*:
PG: Elfrid Payton, Derrick Rose, Frank Ntilikina, Luca Vildoza, Jared Harper (two-way)
SG: RJ Barrett, Immanuel Quickley
SF: Reggie Bullock, Alec Burks, Kevin Knox, Theo Pinson (two-way)
PF: Julius Randle, Obi Toppin
C: Nerlens Noel, Taj Gibson, Norvel Pelle, Mitchell Robinson (injured)

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

Exceptions

  • Room Exception — $4,767,000

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, Terrance Ferguson, Vincent Poirier, Myles Powell (two-way)

Traded Players: Ed Davis, Dennis Smith Jr, Austin Rivers, Ignas Brazdeikis

Expired 10-Day Contracts: Norvel Pelle (two), John Henson

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

Two-Way Contracts: Theo Pinson, Jared Harper

Note: Two-Way Contracts pay $449,115 for the full 2020-21 season, pro-rated based on in-season signing date. Once a player reaches 50 games played, his salary will jump to the minimum for his years of service.

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 the lower second-rounder from the Philadelphia 76ers and Houston Rockets (James Ennis, George Hill).
  • 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.
  • 2024 — Owed a second-rounder (top-55 protected) from the Miami HEAT (Dwyane Wade, Kevin Porter Jr., Jordan Bone, George Hill).
  • 2026 — Owed a second-rounder from the Minnesota Timberwolves (Omari Spellman).

Cash Paid ($5,617,000 max): $110,000 to the Utah Jazz (Ed Davis)

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

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 $110,000 to the Utah Jazz for Ed Davis and two second-rounders (2023 and 2024).
  • 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 $2,283,684.
  • 2/8/21 — Traded Dennis Smith Jr and a 2021 Charlotte Hornets second-rounder to the Detroit Pistons for Derrick Rose.
  • 3/25/21 — Traded Austin Rivers to the Oklahoma City Thunder and Ignas Brazdeikis to the Philadelphia 76ers for Terrance Ferguson, Vincent Poirier, the rights to Emir Preldzic (2009-57th), a 2021 second-rounder  (the lower of the Houston Rockets and Sixers) and a Miami HEAT 2024 second-rounder (top-55 protected) from the Sixers for George Hill to the Thunder and Ignas Brazdeikis to the 76ers.
  • 3/28/21 — Waived Terrance Ferguson and Vincent Poirier.
  • 4/2/21 — Signed Norvel Pelle to a 10-day $99,020 contract.
  • 4/5/21 — Signed John Henson to a 10-day $158,097 contract.
  • 4/12/21 — Re-signed Norvel Pelle to a second 10-day $99,020 contract.
  • 4/15/21 — John Henson’s 10-day contract expired.
  • 4/22/21 — Norvel Pelle’s 10-day contract expired.
  • 4/22/21 — Re-signed Norvel Pelle’s a partially-guaranteed three-year $4,048,329 contract, team option on the final season.
  • 4/23/21 — Re-signed Jared Harper to a 10-day $99,020 contract, ending his two-way contract.
  • 4/23/21 — Signed Myles Powell to a two-way contract ($8,219 guaranteed).
  • 4/23/21 — Waived Myles Powell (two-way).
  • 5/3/21 — Jared Harper’s 10-day contract expired.
  • 5/3/21 — Re-signed Jared Harper to a two-way contract ($4,795 guaranteed).
  • 5/6/21 — Signed Luca Vildoza to a partially-guaranteed four-year $13,125,000 contract, team option on the final season.

Trade Kickers

  • None

Note: Players can waive their trade bonuses.

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

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

Non-Guaranteed Salaries — Next Cut-Down Date*

  • None

* Players and teams can agree to push back cut-down dates but not past January 7 each year.

Arena: Madison Square Garden

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

(Updated on 5/29/21)

Alan is an expert gambling writer who works as one of the chief editors for Basketball Insiders. He has been covering online gambling and sports betting for over 8 years, having written for the likes of Sportlens, Compare.bet, The Sports Daily, 90min, and TopRatedCasinos.co.uk. His particular specialisms include US online casinos and gambling regulations, and soccer and basketball betting. Based in London, Alan holds an MA in English Literature and is a passionate supporter of Chelsea FC.