New York Knicks Cap Updates
July 1, 2025: The Knicks signed Guerschon Yabusele to two years, $11.7
| Oklahoma City Thunder (17/15 + 1/3) | Salary | |
| 1 | Chet Holmgren | $ 41,250,000 |
| 2 | Jalen Williams | $ 41,250,000 |
| 3 | Shai Gilgeous-Alexander | $ 40,806,150 |
| 4 | Isaiah Hartenstein | $ 28,500,000 |
| 5 | Alex Caruso | $ 19,550,160 |
| 6 | Luguentz Dort | $ 18,222,222 |
| 7 | Isaiah Joe | $ 11,323,006 |
| 8 | Aaron Wiggins | $ 9,224,300 |
| 9 | Jaylin Williams | $ 7,774,648 |
| 10 | Cason Wallace | $ 7,420,806 |
| 11 | Kenrich Williams | $ 7,163,000 |
| 12 | 2026 Pick #12 (LAC) | $ 5,793,000 |
| 13 | Nikola Topić | $ 5,429,760 |
| 14 | Thomas Sorber | $ 4,887,720 |
| 15 | 2026 Pick #17 (PHI) | $ 4,482,360 |
| 16 | Jared McCain | $ 4,422,600 |
| 17 | Ajay Mitchell | $ 2,850,000 |
| Total Payroll | $ 260,349,732 | |
| Dead Money | $ - | |
| Total Salaries | $ 260,349,732 | |
| Luxury Tax | $ 200,474,000 | |
| Total for Luxury Tax | $ 260,349,732 | |
| Luxury Tax Room | $ (59,875,732) | |
| Luxury Tax Payment | $ 294,843,695 | |
| Total Salaries + Luxury Tax | $ 555,193,427 | |
| Luguentz Dort | $ 500,000 | |
| Unlikely Bonuses | $ 500,000 | |
| Apron Total (Salaries + Unlikely Incentives) | $ 260,849,732 | |
| First Apron | $ 209,063,000 | |
| First Apron Space | $ (51,786,732) | |
| Second Apron | $ 221,737,000 | |
| Second Apron Space | $ (39,112,732) | |
| Brooks Barnhizer | $ 2,185,633 | |
| Branden Carlson | $ 2,185,633 | |
| Alex Ducas | $ 2,185,633 | |
| Cap Holds | $ 6,556,899 | |
| Total Salaries + Cap Holds | $ 266,906,631 | |
| Salary Cap | $ 165,000,000 | |
| Cap Space | $ (101,906,631) | |
| Cap Space (Cap Holds Renounced) | $ (95,349,732) | |
| Cap Space (Maximized) | $ (40,114,510) | |
| Two-Way | Payton Sandfort | Year 2 |
| Expiration | Exceptions | Value |
| 2/4/27 | TPE (Ousmane Dieng) | $ 6,670,882 |
| 6/28/26 | TPE (Dillon Jones) | $ 501,669 |
| Player | Waivable Salary | Protection |
| Hartenstein | $28,500,000 | $ - |
| Dort | $18,222,222 | $ - |
| Williams | $7,163,000 | $ - |
| Mitchell | $2,850,000 | $ 1,500,000 |
| Year | First-Round Picks | Trade-eligibility |
| 2026 | Favorable of Own/HOU/LAC | Yes |
| 2026 | PHI (Top-4 protected) | Yes |
| 2026 | UTA (Top-8 protected) | Yes, fake |
| 2027 | Favorable of Own/LAC | Yes |
| 2027 | DEN (top-5 protected) | Yes |
| 2027 | SAS (top 16 protected) | Yes |
| 2028 | Favorable of Own/DAL | Yes |
| 2029 | Own | Yes |
| 2029 | DEN (top-5 protected) | Yes |
| 2030 | Own | Yes |
| 2031 | Own | Yes |
| 2032 | Own | Yes |
| 2033 | Own | Yes |
| 13 over next 7 drafts | Up to 10 | |
| Year | Second-Round Picks | Trade-eligibility |
| 2026 | Favorable of Own/DAL/PHI | Yes |
| 2027 | ||
| 2028 | UTA (unprotected) | Yes |
| 2029 | Own | Yes |
| 2029 | Lesser of ATL/MIA | Yes |
| 2029 | BOS (unprotected) | Yes |
| 2030 | Own | Yes |
| 2030 | DEN (unprotected) | Yes |
| 2030 | HOU (unprotected) | Yes |
| 2030 | MIA (unprotected) | Yes |
| 2031 | Own | Yes |
| 2031 | Less favorable of ORL/NOP | Yes |
| 2032 | Own | Yes |
| 2033 | Own | Yes |
| 13 over next 7 drafts | Up to 13 | |
July 1, 2025: The Knicks signed Guerschon Yabusele to two years, $11.7