2020-21: $3,500,000
2021-22: $3,325,000
2022-23: $3,150,000
2023-24: $3,150,000
Not sure who or how the monies were allocated concerning LV's buyout with his Europleague club, if the Knicks picked it up, or LV, but his 20-21 monies are guaranteed.
The remaining three years are ALL TEAM OPTIONS
Derrick Rose $7,682,926 $0 $0 $0 $0
Joakim Noah $6,431,666 $6,431,666 $0 $0 $0
Frank Ntilikina $6,176,578 $8,326,027 $0 $0 $0
Alec Burks $6,000,000 $0 $0 $0 $0
Nerlens Noel $5,000,000 $0 $0 $0 $0
Elfrid Payton $4,767,000 $0 $0 $0 $0
Kevin Knox $4,588,680 $5,845,978 $7,921,300 $0 $0
Reggie Bullock $4,200,000 $0 $0 $0 $0
Terrance Ferguson $3,944,013 $0 $0 $0 $0
Luca Vildoza $3,500,000 $3,325,000 $3,150,000 $3,150,000 $0
Taj Gibson $3,283,684 $0 $0 $0 $0
Vincent Poirier $2,619,207 $0 $0 $0 $0
Jacob Evans $2,017,320 $0 $0 $0 $0
Omari Spellman $1,988,280 $0 $0 $0 $0
Mitchell Robinson $1,663,861 $1,802,057 $0 $0 $0
Wayne Ellington $1,000,000 $0 $0 $0 $0
Theo Pinson $802,182 $0 $0 $0 $0
Jared Harper $520,487 $0 $0 $0 $0
John Henson $158,907 $0 $0 $0 $0
Tyler Hall $25,000 $0 $0 $0 $0
Andrew White $25,000 $0 $0 $0 $0
Myles Powell $3,076 $0
Knicks cap management is very interesting.
If you look at G-Leaugers, 2-way Contracts, 10-contracts, buyouts, and contracts of players we aquired in trades where we are eating their salariers and the money comes off the books this summer?
Adds up to $11,780,803 coming off the books. That's a fair amount of cap space.
As for the expiring contracts of Derrick Rose, Alec Burks, Elfrid Payton, Reggie Bullock AND Taj Gibson?
Adds up to $27,649,926 coming off the books. That's a fair amount of cap space.
Total cap space opning up in 2021-2022: $39,430,729
Additionallly...
We have team options next season on Mitchell Robinson and Luca Vildoza AND Julius Randle.
Frank Ntilikina is due for a qualifying offer in 2021-22; Kevin Knox in 2022-23.
Our final obligation to the Phool Jackoff abortion known as Joakim Noah, which we stretched a couple of seasons back, comes off the books in the summer of 2022.
Obviously, if we have designs on bringing back Rose, Burks, Noel, Bullock and Gibson [I'm going to make a wild guess here, and boldly predict Elfrid will not be back], redoing Mitchell's contract, extending Julius beyond the summer of 2022, it is going to cost us, and require some creative juggling of the books if we want to squirrel away monies for potential free agents in 2021-2022 and beyond.
I'm not feeling Lonzo Ball. I think he remains in New Orleans. Kawhi Leonard? Pass the peyote please. If, God forbid, Al Horford was bought out, and could be had at vet's minimum or the MCE, even with Nerlens AND Mitchell AND Pelle, THAT would be something to look at. Likewise if someone like Mike Conley could be had on the cheap. I love Kyle Lowry, but given the money it would take, and what I perceive to be mutual interest on the part of the Knicks and--MINIMALLY--Rose, Burks, Noel, Bullock, some creative bookkeeping is in order to reward them for their contributions to the Knicks now and moving forward.
With two first rounder and two second rounders [Pistons & Philly] this summer, I would expect all of those assets, and the plethora of future second rounders and the Dallas 2023 #1 pick to be in play, either to move up in the draft or to finesse a trade for assets, such as the much spoeculated notion of Memphis stretch 5-4 Jarfen Jackson Jr.
There are a variety of intriguing connections that Jackson Jr. shares with the Knicks organization. Between the team hiring his father to become a G-League assistant coach along with his former agent at CAA, Leon Rose, being the the Knicks President of Basketball Operations, there’s plenty there.
I apologize for all of this premature speculation on the very doorstep of the PLAYOFFS, but DAWG's own speculations on how Vildoza's signing might have spooked Elfrid got me a-thinkin'
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