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
|Dennis Smith Jr.||$5,686,677||Guaranteed|
|Kenny Wooten||Two-Way Player||Year Two 2W|
Projected Free Agents
Projected Dead Money
|Reggie Bullock||UFA – Waived|
|Damyean Dotson||UFA – No Qualifying Offer, Renounced|
|Wayne Ellington||UFA – Waived|
|Taj Gibson||UFA – Waived|
|Maurice Harkless||UFA – Renounced|
|Jared Harper||UFA – No Qualifying Offer, Renounced|
|Elfrid Payton||UFA – Waived|
|Theo Pinson||UFA – No Qualifying Offer, Renounced|
|Bobby Portis||UFA – Renounced|
2020 NBA Draft Picks
|2020 Pick #8||$4,862,040|
|2020 Pick #27||$1,977,000|
|2020 Pick #38||No Cap Hold|
- 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
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)