New York Knicks 2024-25 Financial Summary

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

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Total Cap

$188,350,128 / 11th

Cap Space

$-47,762,128 / 20th

Tax Space

$-17,536,128

Cash Total

$193,469,321 / 5th

2024-25 Active Roster

Player Option
Early Termination
Non-Guaranteed
Club Option
Estimate
  Player (17) 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
4
 Bridges Mikal Bridges SF 28 $23,300,000 16.57% $23,300,000 $23,300,000 $23,300,000 $23,300,000 2026
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 2025
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
 Sims Jericho Sims C 26 $2,092,344 1.49% $2,092,344 $2,092,344 $2,092,344 $651,180 2025
10
 Payne Cameron Payne PG 30 $2,087,519 1.48% $2,087,519 $2,087,519 $3,003,427 $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
 Ryan Matt Ryan SF 27 $1,919,558 1.37% $1,919,558 $1,919,558 $1,988,603 - 2025
13
 Dadiet Pacome Dadiet SG 19 $1,808,080 1.29% $1,808,080 $1,808,080 $1,808,080 $1,808,080 2028
14
 Hukporti Ariel Hukporti C 22 $1,064,049 0.76% $1,064,049 $1,064,049 $1,064,049 - 2026
15
 Toppin Jacob Toppin SF 24 Two-Way - - - - - 2025
16
 McCullar Jr. Kevin McCullar Jr. SG 23 Two-Way - - - - - 2025
17
 Buie Boo Buie G 25 Two-Way - - - - - 2025

2024-25 Dead Money

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

  Player (1) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed
1
 Shamet Landry Shamet 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
Non-Taxpayer Mid-Level
End-of-Season $12,822,000 $12,822,000
Bi-Annual
End-of-Season $4,668,000 $4,668,000
Trade
RJ Barrett trade with TOR
 12/30/2024 $5,241,072 $5,241,072
Trade
Malachi Flynn trade with DET
 2/10/2025 $3,873,025 $3,873,025

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $188,335,128 5th
Dead Money $15,000 19th
Total Allocations $188,350,128 11th
Space $-47,762,128 20th
1st Apron Summary
1st Apron Maximum $178,132,000
Total Allocations $188,350,128 -
Space $-10,218,128 -
2nd Apron Summary
2nd Apron Maximum
This team is currently hard-capped at the second apron.
 $188,931,000
Total Allocations $188,350,128 -
Space $580,872 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $188,350,128 5th
Space $-17,536,128 26th
Ext. Luxury Tax Bill $36,320,901 -

2024 Deadlines

Deadline Date Player Type Value
1/10/2025 Ariel Hukporti
GUARANTEED
2024-25 Guaranteed 		$1,955,377
1/10/2025 Matt Ryan
GUARANTEED
2024-25 Guaranteed 		$1,988,603
6/29/2025 Jalen Brunson
PLAYER
2025-26 Player Option 		$24,960,001
6/29/2025 Boo Buie
RFA / QO
2025-26 Qualifying Offer — Two-Way 		$2,048,494
6/29/2025 Ariel Hukporti
CLUB
2025-26 Club Option
6/29/2025 Kevin McCullar Jr.
RFA / QO
2024-25 Qualifying Offer — Two-Way 		$2,048,494
6/29/2025 Jacob Toppin
RFA / QO
2025-26 Qualifying Offer 		$2,048,494
7/7/2025 Karl-Anthony Towns
EXTENSION ELIGIBLE
2025-26 Extension Eligible
10/31/2025 Pacome Dadiet
CLUB
2026-27 Club Option 		$2,983,680
12/30/2025 Miles McBride
EXTENSION ELIGIBLE
2025-26 Extension Eligible
1/10/2026 Ariel Hukporti
GUARANTEED
2025-26 Guaranteed 		$1,955,377
6/29/2026 Ariel Hukporti
RFA / QO
2026-27 Qualifying Offer 		$2,725,905
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

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2023 James Nnaji C 20 Nigeria
2021 Rokas Jokubaitis PG 24 Lithuania
2017 Mathias Lessort SF 29 France
2017 Ognjen Jaramaz PF 29 Serbia
2016 Wang Zhelin C 30 China
2015 Nikola Radicevic PG 30 Serbia
2015 Juan Vaulet SF 28 Argentina
2013 Bojan Dubljevic PF 33 Montenegro
2009 Emir Preldzic SF 37 Turkey
2009 Sergio Llull PG 37 Spain
2008 Tadija Dragicevic SF 38 Serbia
2007 Brad Newley F 39 Australia
2007 Petteri Koponen G 36 Finland
2005 Axel Hervelle PF 41 Belgium

Future Draft Picks

2025
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
WAS
If 1-10
NYK
If 11-30 (via HOU to OKC)

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
WAS
If 1-8 if not already settled with NYK then more favorable of PHX, ORL and WAS 1-8
NYK
If 9-30 if not already settled (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
BKN    NYK
Two most favorable of BKN, PHI 9-30 if not already settled and if PHI conveys 1st to OKC by 2026 and PHX (via BKN swap for PHX) Or swap with NYK
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

2025
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
More favorable of BOS and MEM to OKC then other to ORL (via BOS to OKC)
NYK
FORFEITED DUE TO TAMPERING

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
Least favorable of DET, MIL and ORL to PHX then others to ORL (via ORL to PHX to BKN)
NYK
Less favorable of MIN and NYK to NYK then other to DET
DET
More favorable of MIN and NYK to DET then other to NYK
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
Two most favorable of HOU, IND, MIA and OKC to NYK; Third pick to OKC then other to SAS (via HOU to DET to UTA to OKC)
NYK
Two most favorable of HOU, IND, MIA and OKC to NYK; Third pick to OKC then other to SAS (via HOU to DET to UTA to OKC)
NYK
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
DET
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
DET

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
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
DET

TRANSACTIONS

Nov 05, 2024
Boo Buie, G

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

Nov 05, 2024
Matt Ryan, SF

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

Nov 04, 2024
Ariel Hukporti, C

Signed a 2 year $5.75 million Rest-of-Season contract with New York (NYK) converted Two-Way contract - includes 2025-26 Club Option

Oct 19, 2024
T.J. Warren, SF

Waived by New York (NYK)

Oct 19, 2024
Chuma Okeke, PF

Waived by New York (NYK)

View More Transactions

RECENT NEWS

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Pacers Acquire Thomas Bryant From Heat

Indiana acquires Thomas Bryant from Miami in exchange for a second-round pick.

THE SPOTRAC PODCAST

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NBA Trades 101 with Keith Smith

The latest iteration of the NBA CBA has changed the trade game quite a bit across the league, rendering it difficult - if not nearly impossible - for some teams to quickly reshuffle on the fly. Keith Smith joins to help us understand the rules & restrictions, then breaks down every team's outlook for the February trade deadline.

TRANSACTIONS

Nov 05, 2024
Boo Buie, G

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

Nov 05, 2024
Matt Ryan, SF

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

Nov 04, 2024
Ariel Hukporti, C

Signed a 2 year $5.75 million Rest-of-Season contract with New York (NYK) converted Two-Way contract - includes 2025-26 Club Option

Oct 19, 2024
T.J. Warren, SF

Waived by New York (NYK)

Oct 19, 2024
Chuma Okeke, PF

Waived by New York (NYK)

View More Transactions

TRENDING PLAYERS

  • 1 Michael Porter Jr. (SF, DEN)
  • 2 Damian Lillard (PG, MIL)
  • 3 Zach LaVine (SG, CHI)
  • 4 Dennis Schröder (PG, GSW)
  • 5 Giannis Antetokounmpo (PF, MIL)

TRENDING PAGES

  • 1 NBA Trade Machine
  • 2 NBA Free Agents
  • 3 NBA Transactions
  • 4 NBA Contracts
  • 5 NBA Cap Tracker
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