New York Knicks Salary Cap

What the Knicks owe, what counts against the cap, and how much room they have to add players. Every number is computed live; tap any underlined term or figure to see how it's built.
2026-27 cap report
Luxury tax
Knicks are $4.5M into the luxury tax.
$2.2M of room before the first apron.
Real payroll$205.5M
Free-agent holdsplaceholder$46.2M
A cap hold is a placeholder charge for a team's own free agent, sized by his Bird bracket. The Knicks carry $46.2M in free-agent holds plus $3.3M in draft-pick holds; these count against the cap only, never the tax or aprons. What is the cap hold?
Draft-pick holdsplaceholder$3.3M
Unsigned first-round picks count 120% of their rookie-scale slot against the cap. The Knicks carry $3.3M in pick holds. What is the draft pick hold?
Counts against the cap$254.9M
League cap line$165.0M
Salary cap
Build via exceptions
$40.5M over
vs $165.0M · payroll
The salary cap is $165.0M (projected). The Knicks' cap salary (contracts, dead money and holds) is $254.9M, putting them $89.9M over the cap, so they build the roster with exceptions and Bird rights instead of cap space. What is the salary cap?
Luxury taxKnicks are here
Paying the tax
$4.5M over
vs $201.0M · payroll
The luxury-tax line is $201.0M (projected); holds don't count against it, only contracts and dead money ($205.5M for the Knicks). They are $4.5M into the luxury tax and pay an escalating per-dollar penalty. What is the luxury tax?
1st apron
Full toolkit
$2.2M under
vs $209.0M · payroll
The first apron sits at $209.0M (projected), about $8.0M above the tax line. The Knicks have $2.2M of room before the first apron. What is the first apron?
2nd apron
Below the ceiling
$15.2M under
vs $222.0M · payroll
The second apron sits at $222.0M (projected). The Knicks have $15.2M of room before it. What is the second apron?

The four lines a team's spending crosses, low to high. The highlighted one is where the Knicks sit now; faded lines aren't a factor this season. Tap any line for what it means.

Holds intact = an over-the-cap team with Bird rights. Renounce all free-agent holds (keeping draft picks) and room becomes −$46.4M, forfeiting Bird rights. How renouncing works →

The books · 2026-27 focused

PlayerPos2026-27cap $165.0M2027-28cap $176.6M2028-29cap $188.9M2029-30cap $202.1M2030-31cap $216.3M
Signed contracts
An over-the-cap team can't spend cap space, but the CBA still gives it tools: exceptions. The Knicks' current tools are Non-Taxpayer MLE ($15.1M), Bi-Annual Exception ($5.4M), plus Bird rights to re-sign their own free agents. How do teams build over the cap?
Karl-Anthony TownsC$57.1MPO$61.0M
OG AnunobyF$42.5M$45.4MPO$48.4M
Jalen BrunsonG$37.7M$40.5MPO$43.3M
Mikal BridgesF$33.5M$36.2M$38.8MPO$41.5M
Josh HartG$20.9MTO$22.4M
GPO$4.5M
Jose Alvarado holds a player option for $4.5M this season; he decides whether it's exercised. What is a player option?
Miles McBrideG$4.0M
FTO$3.0MTO$5.4M
Pacome Dadiet holds a team option for $3.0M this season; the Knicks decide whether it's exercised. What is a team option?
Tyler KolekG$2.3MTO$2.5M
Signed contracts subtotal$205.5M$213.4M$130.5M$41.5M$0.0M
Cap holdsplaceholders, not paid
A cap hold is a placeholder charge for a team's own free agent, sized by his Bird bracket. The Knicks carry $46.2M in free-agent holds plus $3.3M in draft-pick holds; these count against the cap only, never the tax or aprons. What is the cap hold?
Free agents · Bird % of prior salary, renounce to clear
F$24.6M
Mitchell Robinson carries a 190% cap hold: 190% of his $13.0M prior salary = $24.6M against the Knicks' cap until he re-signs, is renounced, or signs elsewhere. What are Bird rights?
F$2.8M
Romeo Langford carries a 120% cap hold: 120% of his $2.3M prior salary = $2.8M against the Knicks' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.8M
Landry Shamet carries a 120% cap hold: 120% of his $2.3M prior salary = $2.8M against the Knicks' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.8M
Jordan Clarkson carries a 120% cap hold: 120% of his $2.3M prior salary = $2.8M against the Knicks' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.3M
Ariel Hukporti carries a 120% cap hold: 120% of his $2.0M prior salary = $2.3M against the Knicks' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.2M
Mohamed Diawara carries a 120% cap hold: 120% of his $1.3M prior salary = $2.2M against the Knicks' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.2M
Jeremy Sochan carries a 120% cap hold: 120% of his $779K prior salary = $2.2M against the Knicks' cap until he re-signs, is renounced, or signs elsewhere. What are non-Bird rights?
F$2.2M
Players on the roster without a standard contract (two-way, Exhibit-10) carry a flat minimum hold of $2.2M (projected) each against the Knicks' cap. What is the minimum cap hold?
F$2.2M
Players on the roster without a standard contract (two-way, Exhibit-10) carry a flat minimum hold of $2.2M (projected) each against the Knicks' cap. What is the minimum cap hold?
F$2.2M
Players on the roster without a standard contract (two-way, Exhibit-10) carry a flat minimum hold of $2.2M (projected) each against the Knicks' cap. What is the minimum cap hold?
F$70.7M
Bird rights let the Knicks re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$66.1M
Bird rights let the Knicks re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$65.0M
Bird rights let the Knicks re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$33.6M
Bird rights let the Knicks re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$16.1M
Bird rights let the Knicks re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$7.5M
Bird rights let the Knicks re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$7.5M
Bird rights let the Knicks re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
F$5.8M
Early Bird rights (after two seasons with the team) let the Knicks re-sign a player up to 175% of his prior salary or 105% of the league average; his cap hold is 130% of prior salary. What are Early Bird rights?
Unsigned first-rounders · 120% of rookie scale
Unsigned first-round picks count 120% of their rookie-scale slot against the cap. The Knicks carry $3.3M in pick holds. What is the draft pick hold?
2026 first round (No. 24)$3.3M
Cap holds subtotal$49.5M$13.4M$123.3M$135.7M$0.0M
Counts against the cap$254.9M$231.0M$261.4M$191.9M$20.9M
Hold values are computed: draft picks at 120% of the rookie-scale slot (season-adjusted), free agents at the Bird % of prior salary (Non 120%, Early 130%, Bird 150/190/250/300%), or a flat minimum. This table is read-only; edit source data in the database to change values.

Tax & apron position · 2026-27

FLOOR
$149.0M
TAX
$201.0M
APRON 1
$209.0M
APRON 2
$222.0M
Knicks $206.8M
Marker = tax/apron salary (contracts + dead money); holds don't count here. Cap space is separate (includes holds) and shown in the report above.

Free-agent capacity · 2026-27

Non-Taxpayer MLEup to $15.1M
Hard-caps you at the first apron.
The Knicks can offer the full non-taxpayer mid-level: up to $15.1M (projected) starting salary, up to 4 years. Using it hard-caps them at the first apron. What is the mid-level exception (non-taxpayer)?
Bi-Annual Exceptionup to $5.4M
Every other year. Also hard-caps at the first apron.
The Knicks can use the bi-annual exception: $5.4M (projected) starting salary, up to 2 years, but only if they didn't use it last season. It hard-caps them at the first apron. What is the bi-annual exception?
Bird rights
Re-sign your own free agents up to the max.
Bird rights let the Knicks re-sign their own free agents up to the max even while over the cap. The attached cap hold is 150–300% of the player's prior salary, depending on tenure and salary level. What are Bird rights?
25%
0–6 yrs
$41.3M
30%
7–9 yrs
$49.5M
35%
10+ yrs
$57.8M
Max starting salary by experience tier. Tap for how the tiers work.
Max contracts scale with experience (projected): $41.3M starting salary for 0–6 years, $49.5M for 7–9, $57.8M for 10+ (25/30/35% of the cap). How do NBA max salaries work?
Outside FAs can only be signed at the max using cap space; otherwise capped by the tools above.

Decision points · 2026-27

Option calls ahead of 2027-28
Karl-Anthony TownsPlayer option$61.0M
A player option (PO badge) lets the player choose between staying for that year's salary or becoming a free agent. What is a player option?
Josh HartTeam option$22.4M
A team option (TO badge) lets the Knicks choose whether to keep the player for that year's salary or let him become a free agent. What is a team option?
Pacome DadietTeam option$5.4M
A team option (TO badge) lets the Knicks choose whether to keep the player for that year's salary or let him become a free agent. What is a team option?
Tyler KolekTeam option$2.5M
A team option (TO badge) lets the Knicks choose whether to keep the player for that year's salary or let him become a free agent. What is a team option?
Expiring after 2026-27Jose Alvarado$4.5MMiles McBride$4.0M
The forks in the road as the books stand: options someone must pick up or decline, and salaries that come off after 2026-27. Tap an option for how it works.

Draft picks through 2032

The Knicks control 4 first-round and 6 second-round picks, 1 carrying swap rights.

2026

2026 1st (own) · No. 24
2026 2nd (own)
2026 2nd (via WAS)Washington's own second conveyed to New York at pick 31, routed via Oklahoma City and Houston.

2027

2027 2nd (own)
2027 2nd (via WAS)WAS's own second went to New York in the same substitution package triggered by the 2026 first-round protection.
Their own 1st, owed to BKNUnprotected first owed to Brooklyn from the June 2024 Mikal Bridges trade.

2028

2028 1st (own, swap rights attached)BKN holds unprotected swap rights from the June 2024 Mikal Bridges trade.
2028 2nd (via BOS)Owed to New York via Phoenix, protected 31-45.
Their own 2nd, owed to DETUnprotected second owed to Detroit from the February 2024 Bogdanovic/Burks trade.

2029

Their own 1st, owed to BKNUnprotected first owed to Brooklyn from the June 2024 Mikal Bridges trade.
Their own 2nd, owed to DETUnprotected second owed to Detroit from the February 2024 Bogdanovic/Burks trade; a Chicago claim on the least favorable of the New York, Detroit, and Milwaukee 2029 seconds is reported on the same slot.

2030

2030 1st (own)
Their own 2nd, owed to ATLUnprotected second routed through Portland and terminal in Atlanta, from the Vit Krejci trade.

2031

Their own 1st, owed to BKNUnprotected first owed to Brooklyn from the June 2024 Mikal Bridges trade.
Their own 2nd, owed to CHIUnprotected second routed through Charlotte and terminal in Chicago, from the three-team Karl-Anthony Towns trade.

2032

2032 1st (own)
2032 2nd (own)

Protections and swap conditions in plain English. Full story on the Knicks draft picks page.