New York Knicks: Salary Cap Space 2020

by October 14, 2020
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Elfrid Payton of the New York Knicks

We’ve summarized what New York Knicks fans can expect from their squad in terms of salary cap space this offseason. Below you’ll find lists of the players expected back on the roster, the team’s potential free agents and a number of insights about questions the franchise will face before the 2021 campaign.

In addition to a summary for each of the 30 teams (accessible in the link grid below), we’ve also tiered the top NBA free agents league-wide and published a general comparison of all teams’ cap space. Follow @SLAMnewswire on Twitter for constant offseason updates as we head into free agency.

Projected Roster Players

R.J. Barrett$8,231,760Guaranteed
Ignas Brazdeikis$1,517,981Guaranteed
Kevin Knox$4,588,680Guaranteed
Frank Ntilikina$6,176,578Guaranteed
Julius Randle$18,900,000Guaranteed
Mitchell Robinson$1,663,861Non-Guaranteed
Dennis Smith Jr.$5,686,677Guaranteed
Kenny WootenTwo-Way PlayerYear Two 2W

Projected Free Agents

None$0N/A

Projected Dead Money

Reggie Bullock$1,000,000
Wayne Ellington$1,000,000
Taj Gibson$1,000,000
Joakim Noah$6,431,667
Elfrid Payton$1,000,000

Projected Renouncements/Waivers

Reggie BullockUFA – Waived
Damyean DotsonUFA – No Qualifying Offer, Renounced
Wayne EllingtonUFA – Waived
Taj GibsonUFA – Waived
Maurice HarklessUFA – Renounced
Jared HarperUFA – No Qualifying Offer, Renounced
Elfrid PaytonUFA – Waived
Theo PinsonUFA – No Qualifying Offer, Renounced
Bobby PortisUFA – Renounced

2020 NBA Draft Picks

2020 Pick #8$4,862,040
2020 Pick #27$1,977,000
2020 Pick #38No Cap Hold

Exceptions Available

  • Room Exception – $4,767,000

Key Offseason Decisions

  • What do the Knicks do with four non-guaranteed players? Reggie Bullock ($4.2M), Elfrid Payton ($8M), Taj Gibson ($9.45M) and Wayne Ellington ($8M) are each guaranteed $1M. If the Knicks want to maximize their cap space this offseason, they’ll let each go. If doesn’t mean their time is over in New York either, as the club could re-sign any of them.
  • Did Damyean Dotson do enough to get a qualifying offer? Dotson is a swing decision for New York. If the Knicks make him a restricted free agent, he’ll eat into cap space. If not, he could get an offer as an unrestricted target.

Projected Team Salary

$64,036,244

It’s not a great summer to have a lot of cap space. The free agent market is pretty barren of stars, but the Knicks can still make the most of a lot of flexibility. New York could be in the market to trade for a star, or maybe even two. They can also pivot, extend the rebuild another year and eat a couple of bad contracts. That would bring in assets for the Knicks in terms of draft picks and/or young players. It all really hinges on what happens with the non-guaranteed contract for the four veterans who are guaranteed just $1M apiece. (@KeithSmithNBA)

Cap Space Forecast

$42,408,826 (2nd out of 30)


Team Salary Cap Outlooks

AtlanticCentralSoutheast
BostonChicagoAtlanta
BrooklynClevelandCharlotte
New YorkDetroitMiami
PhiladelphiaIndianaOrlando
TorontoMilwaukeeWashington
NorthwestPacificSouthwest
DenverGolden StateDallas
MinnesotaLA ClippersMemphis
Oklahoma LA LakersNew Orleans
PortlandPhoenixHouston
UtahSacramentoSan Antonio
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