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Knicks current cap situation

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Knicks current cap situation 

Post#1 » by Jalen Bluntson » Wed Jun 26, 2024 8:18 pm

Image[/quote]

Not sure how this changes after the draft but, here is the updated numbers thanks to Spree8
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Re: Knicks current cap situation 

Post#2 » by Richard4444 » Wed Jun 26, 2024 9:39 pm

1) I am not sure about Randle"s bonus being accounted against the hard cap. Scott said it counts. But I did not hear from any other source. Without bonus is 28939. Edit Jeremy said an unlikely bonus would not count against aprons.

2) DiVicenzo also have unlikely bonus of 750K according to Sportrac.

3) Mikal salary is 23,3M.

4) Diakite salary will be fully guaranteed only on 1/10/25 according to Sportrac.

5) Shake Milton is UFA. He was waived from his last 5M contract.

6) The estimated apron number are wrong. 1Apron 178655 e 2Apron 189486 are the current estimative.
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Re: Knicks current cap situation 

Post#3 » by Jalen Bluntson » Thu Jun 27, 2024 4:23 am

Richard4444 wrote:1) I am not sure about Randle"s bonus being accounted against the hard cap. Scott said it counts. But I did not hear from any other source. Without bonus is 28939. Edit Jeremy said an unlikely bonus would not count against aprons.

2) DiVicenzo also have unlikely bonus of 750K according to Sportrac.

3) Mikal salary is 23,3M.

4) Diakite salary will be fully guaranteed only on 1/10/25 according to Sportrac.

5) Shake Milton is UFA. He was waived from his last 5M contract.

6) The estimated apron number are wrong. 1Apron 178655 e 2Apron 189486 are the current estimative.


Thanks for the heads up. Took the updated post from the OG thread. Hope it's correct.
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Re: Knicks current cap situation 

Post#4 » by WargamesX » Thu Jun 27, 2024 4:28 am

Richard4444 wrote:1) I am not sure about Randle"s bonus being accounted against the hard cap. Scott said it counts. But I did not hear from any other source. Without bonus is 28939. Edit Jeremy said an unlikely bonus would not count against aprons.

2) DiVicenzo also have unlikely bonus of 750K according to Sportrac.

3) Mikal salary is 23,3M.

4) Diakite salary will be fully guaranteed only on 1/10/25 according to Sportrac.

5) Shake Milton is UFA. He was waived from his last 5M contract.

6) The estimated apron number are wrong. 1Apron 178655 e 2Apron 189486 are the current estimative.


Lowkey I think you understood the new cap situation better than Bobby Marks did . :nod:
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Re: Knicks current cap situation 

Post#5 » by Luv those Knicks » Thu Jun 27, 2024 4:34 am

It's just the #25 pick now. Looks like they're under the apron, but not by much. Resign I-Hart or sign an MLE and they're over.

I'm guessing Precious is gone? Does anyone know when they have to determine if the #25 pick is coming over or staying in Europe?
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Re: Knicks current cap situation 

Post#6 » by Jalen Bluntson » Thu Jun 27, 2024 4:38 am

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I give up after this update. :lol:
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Re: Knicks current cap situation 

Post#7 » by Context » Thu Jun 27, 2024 4:54 am

found this:
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Re: Knicks current cap situation 

Post#8 » by Jalen Bluntson » Thu Jun 27, 2024 4:59 am

Not sure why there are three 2nd rd exceptions but, we are looking at running back the post OG trade team minus Boj/Burks plus Mikal/P. Diddler and a few 2nd rd rooks if we keep them. Locked in to the 1st apron.

Stay healthy and make a run for the gold!! If they can't stay healthy...they will be bound by the apron rule nonsense in the CBA and will only have 14 players to begin with.

Brunson/Deuce
Mikal/DDV
OG/Hart
Randle/P. Diddler
iHart/Mitch/Sims

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Re: Knicks current cap situation 

Post#9 » by sol537 » Thu Jun 27, 2024 5:01 am

If Leon and co convinced IHart to stay.. masterful stuff.

I’m hoping Brunson and co. Are showering him with love right now so he doesn’t think of signing elsewhere. It makes a huge impact as we’ve seen in the past.
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Re: Knicks current cap situation 

Post#10 » by Richard4444 » Thu Jun 27, 2024 5:09 am

Jalen Bluntson wrote:
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I give up after this update. :lol:


I am still not sure about ignoring the bonuses for hard cap purposes. Especially a likely bonus to Julius Randle (1,3M)

Also, I heard the value of the first year of the second round exception was $1,891,857.

Then, I doubt we will keep all season long with only 14 players on the roster to save money.

Finally, I will be surprised if we begin the season with a 9 man rotation and only 4 rookies and Sims. Theses guys would be almost useless in a Thibs team. If the rookie does not turn out to be an NBA-ready player from day 1 (like IQ or Grimes), Thibs will rather play Hart and Mikal for 48 minutes a night than play them. I can not see us beginning the upcoming season with a 9 man rotation plus 5 red-shirt guys. We need at least 12 or 13 NBA-ready players.

If the payroll is too near the hard cap, we may not be able to get vet min guys in case of an emergency because waiving guaranteed salary contracts would put us above the hard cap.
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Re: Knicks current cap situation 

Post#11 » by Luv those Knicks » Thu Jun 27, 2024 5:17 am

Another team could still outbid us on I-Hart, though we (might?) be able to offer him 8% raises and the team that offers more, 5% raises, but that might not be enough. NY did all they could to keep I-Hart, but now it's up to him and up to what other teams might offer him.

I don't think they should trade Mitch if I-Hart goes. I think they should keep Sims, who's not great, but he's useful depth.

I agree that 3 2nd round pick listings is wrong, but the other list mentions vet minimums for the same amount, so it comes out about the same.

I (THINK), if I-Hart goes, they could make an MLE offer to another player. Not 100% sure, if that still works if Dadiet comes over. It's tight.
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Re: Knicks current cap situation 

Post#12 » by Richard4444 » Thu Jun 27, 2024 5:35 am

Luv those Knicks wrote:Another team could still outbid us on I-Hart, though we (might?) be able to offer him 8% raises and the team that offers more, 5% raises, but that might not be enough. NY did all they could to keep I-Hart, but now it's up to him and up to what other teams might offer him.

I don't think they should trade Mitch if I-Hart goes. I think they should keep Sims, who's not great, but he's useful depth.

I agree that 3 2nd round pick listings is wrong, but the other list mentions vet minimums for the same amount, so it comes out about the same.

I (THINK), if I-Hart goes, they could make an MLE offer to another player. Not 100% sure, if that still works if Dadiet comes over. It's tight.


Full MLE triggers the first apron hard cap.

We can give TMLE (up to 5,1M).
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Re: Knicks current cap situation 

Post#13 » by HopelessKnick » Thu Jun 27, 2024 6:14 am

As far as I know the Bridges trade hasn't been officially anounced yet. Couldn't the Knicks first sign Hartenstein back and anounce the Mikal trade a day later? That way they would be operating with Bojan's 19mill. instead of Mikal's 23mill. under the cap...
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Re: Knicks current cap situation 

Post#14 » by Deeeez Knicks » Thu Jun 27, 2024 7:03 am

In Brock we trust. It’ll be close but think we will find a way to stay below the 2nd apron
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Re: Knicks current cap situation 

Post#15 » by Jalen Bluntson » Thu Jun 27, 2024 12:34 pm

Richard4444 wrote:
Jalen Bluntson wrote:
Read on Twitter
?s=46&t=W09F6FrMDfp5_y1gKYgF1g

I give up after this update. :lol:


I am still not sure about ignoring the bonuses for hard cap purposes. Especially a likely bonus to Julius Randle (1,3M)

Also, I heard the value of the first year of the second round exception was $1,891,857.

Then, I doubt we will keep all season long with only 14 players on the roster to save money.

Finally, I will be surprised if we begin the season with a 9 man rotation and only 4 rookies and Sims. Theses guys would be almost useless in a Thibs team. If the rookie does not turn out to be an NBA-ready player from day 1 (like IQ or Grimes), Thibs will rather play Hart and Mikal for 48 minutes a night than play them. I can not see us beginning the upcoming season with a 9 man rotation plus 5 red-shirt guys. We need at least 12 or 13 NBA-ready players.

If the payroll is too near the hard cap, we may not be able to get vet min guys in case of an emergency because waiving guaranteed salary contracts would put us above the hard cap.


I don't think they can do much else after an iHart deal so, how else can they fill the roster? We will be hard capped no matter what they try to do unless they let iHart walk.

This apron BS is too frustrating to figure out for me and, apparently most everyone else in the media! :lol:
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Re: Knicks current cap situation 

Post#16 » by JXL » Thu Jun 27, 2024 12:52 pm

There's gonna be a juggling of numbers to get enough cash to not be hard capped at the 2nd apron. I trust Brock Aller and his team to open room for the Bridges trade to be official (which will be after July 6th, when the free agent moratorium ends), the OG contract, and hopefully finagling IHart to stay for the chemistry and culture instead of chasing the cash and being miserable.
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Re: Knicks current cap situation 

Post#17 » by DOT » Thu Jun 27, 2024 2:06 pm

We currently have 11 players under contract

Brunson/Deuce
Mikal/DDV
OG/Hart
Randle
Mitch

Being the actual team, with Jeffries, Diakite, and Sims being end of bench fodder

I'm not gonna talk like I'm an expert in cap figuring, but from a pure number of players, iHart plus Dadiet and 2 2nd round picks makes 15 players, and I don't think we can sign anyone else that isn't a vet min (so no Precious)

It depends too on if they keep both iHart and Mitch, some people say it's one or the other, honestly either way you need another C (unless you're really high on Sims which I'm not) cause Mitch is gonna get injured at some point, but if you trade Mitch you probably get a player back, so that'll change stuff

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Re: Knicks current cap situation 

Post#18 » by WaltFrazier » Thu Jun 27, 2024 2:11 pm

sol537 wrote:If Leon and co convinced IHart to stay.. masterful stuff.

I’m hoping Brunson and co. Are showering him with love right now so he doesn’t think of signing elsewhere. It makes a huge impact as we’ve seen in the past.

Can CAA get his wife a modeling contract, or whatever she does? Would that be a violation of CBA
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Re: Knicks current cap situation 

Post#19 » by mpharris36 » Thu Jun 27, 2024 2:13 pm

Deeeez Knicks wrote:In Brock we trust. It’ll be close but think we will find a way to stay below the 2nd apron


we just have to become a 2nd apron team. I think that means expanding the Mikal trade to be like a 3 team trade with a precious or burks S&T.
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Re: Knicks current cap situation 

Post#20 » by Jeffrey » Thu Jun 27, 2024 2:14 pm

I think after the first week of free agency... we are done for the offseason. No one is asking out, we're just going to fill up the roster and everyone is heading to the hamptons.

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