A good season in the NBA doesn’t just happen on the pitch. This also happens on the financial side! Bank management is critical to any NBA team, so it’s time to take a look at the New York Knicks salaries for the 2022-23 season.
# To understand all about NBA salaries:
NEW YORK KNICKS 2022-23 SALARY
UFA: free agent without restrictions RFA: free agent with restrictions
–
–
Financial situation in relation to the salary cap
- The luxury tax threshold is set at $ 150,267,000 this year.
- The NBA salary limit is set at $ 123,655,000 this year.
With $ 144,370,758 contractually committed for this 2022-23 seasonthe Knicks are on financial ropes for not paying the tax to the NBA.
New York has finally got their hands on a point guard and for that they have to send the guys. 26 million a year for Jalen Brunson is little more than Julius Randle, while Evan Fournier and Mitchell Robinson follow. The Knicks’ accounts will weigh even more as the following season will be the big extension of RJ Barrett’s contract with 24 million a year. Good players with impressive contracts, veterans and youngsters who take the rest, New York thing.
Players with guaranteed contracts for the 2023-24 season: 6
- Jalen Brunson
- Giulio Randle
- Evan Fournier
- Mitchell Robinson
- RJ Barrett
- Isaiah Hartenstein
The Knicks have bet on a blueprint to start winning now or within 2/3 years (lol) by giving greenbacks to players in their prime. They set their sights on the little Dallas leader who got dirty last season and bet on RJ Barrett’s progress after realizing Donovan Mitchell wasn’t coming to sign at home. Julius Randle, Mitchell Robinson, Evan Fournier and Jalen Brunson are under contract until at least 2025. We know where their money will go over the next four seasons. It remains to be seen if in the meantime they can catch more large / medium fish in order to hopefully win more games and return to the Playoffs.
Three players to watch this season:
The former 2011 MVP will be free in two years, but the Knicks have a $ 15.5 million squad option for the 2023-24 season. Last year, D. Rose had a more than decent performance, averaging 12 points and 40% behind the line from the bench, but he hasn’t set foot on the ground since December 2021. The triple All-Star has performance better this year if he wants to stay in New York a little longer, but the competition will be tough with young Immanuel Quickley and Quentin Grimes and obviously the signing of Jalen Brunson. If he is not kept next year, he will be free and should find a team looking for experience in the lead.
The former Hawks winger will be a limited free agent at the end of the year and we all wonder if he will be able to establish himself in the league given that his beginnings were irregular, even if at times interesting. Moving from Atlanta to New York last January to find a larger role, he’s mostly crouched on the sidelines so far and isn’t sure he’ll switch to Tom Thibodeau. The question that arises above all is whether Reddish will ask for a new trade during the year …
- Obi Toppin and Immanuel Quickley
Sorry, we’re cheating, but both players are in a similar situation this year in New York. The two youngsters of the 2020 Draft are entering the third year of their rookie contract and will have, like Reddish by the way, a team option for the fourth and final year. They’ll have to make sure they please the franchise leaders if they want to continue the Madison Square Garden adventure and land a long-term deal. These two wags are as capable of inflaming Madison Square Garden audiences as they are pissing them off with their irregularity, so we shouldn’t be bored.
–
