New York Knicks Cap Updates
July 1, 2025: The Knicks signed Guerschon Yabusele to two years, $11.7
| New York Knicks (13/15 + 0/3) | Salary | |
| 1 | Karl-Anthony Towns | $ 57,078,728 |
| 2 | OG Anunoby | $ 42,500,000 |
| 3 | Jalen Brunson | $ 37,739,521 |
| 4 | Mikal Bridges | $ 33,482,145 |
| 5 | Josh Hart | $ 20,923,760 |
| 6 | Landry Shamet | $ 5,490,967 |
| 7 | Jose Alvarado | $ 4,439,656 |
| 8 | Miles McBride | $ 3,956,523 |
| 9 | Pacôme Dadiet | $ 2,983,680 |
| 10 | Mohamed Diawara | $ 2,622,139 |
| 11 | Jordan Clarkson | $ 2,449,421 |
| 12 | Andre Drummond | $ 2,449,421 |
| 13 | Tyler Kolek | $ 2,296,271 |
| 14 | ||
| 15 | ||
| Total Payroll | $ 218,412,232 | |
| Dead Money | $ - | |
| Total Salaries | $ 218,412,232 | |
| Luxury Tax | $ 200,428,000 | |
| Total for Luxury Tax | $ 218,412,232 | |
| Luxury Tax Room | $ (17,984,232) | |
| Luxury Tax Payment | $ 34,140,808 | |
| Total Salaries + Luxury Tax | $ 252,553,040 | |
| Unlikely Bonuses | $ - | |
| Apron Total (Salaries + Unlikely Incentives) | $ 218,412,232 | |
| First Apron | $ 209,015,000 | |
| First Apron Space | $ (9,397,232) | |
| Second Apron | $ 221,686,000 | |
| Second Apron Space | $ 3,273,768 | |
| Jeremy Sochan | $ 2,449,421 | |
| P.J. Tucker | $ 2,449,421 | |
| Kevin McCullar Jr. | $ 2,185,116 | |
| Trey Jemison | $ 2,185,116 | |
| Dillon Jones | $ 2,185,116 | |
| Cap Holds | $ 11,454,190 | |
| Total Salaries + Cap Holds | $ 229,866,422 | |
| Salary Cap | $ 164,961,000 | |
| Cap Space | $ (64,905,422) | |
| Cap Space (Cap Holds Renounced) | $ (53,451,232) | |
| Cap Space (Maximized) | $ (53,451,232) | |
| Two-Way | ||
| Player | Waivable Salary | Protection |
| $ - | ||
| Expiration | Exceptions | Value |
| 4/11/27 | Taxpayer Mid-Level | $ 6,064,000 |
| 2/5/27 | TPE (Dalen Terry) | $ 899,118 |
| 2/5/27 | TPE (Guerschon Yabusele) | $ 100,882 |
| Year | First-Round Picks | Trade-eligibility |
| 2027 | ||
| 2028 | Lesser of Own/BKN/PHO | No |
| 2029 | ||
| 2030 | Own | No |
| 2031 | ||
| 2032 | Own | No |
| 2033 | Own | Yes |
| 4 over next 7 drafts | Up to 1 | |
| Year | Second-Round Picks | Trade-eligibility |
| 2027 | WAS (unprotected) | Yes |
| 2027 | Third favorable of OKC/HOU/IND/MIA | Yes |
| 2028 | BOS (protected (31-45) | Yes |
| 2028 | Lesser of IND/PHO | Yes |
| 2029 | PHO (unprotected) | Yes |
| 2030 | PHI (unprotected) | Yes |
| 2031 | ||
| 2032 | Own | Yes |
| 2032 | DAL (unprotected) | Yes |
| 2033 | Own | Yes |
| 2033 | PHO (unprotected) | Yes |
| 10 over next 7 drafts | Up to 10 | |
July 1, 2025: The Knicks signed Guerschon Yabusele to two years, $11.7