A good season in the NBA doesn’t just happen on the field. This also happens on the financial side! Bank management is fundamental to any NBA team, so it’s time to take a look at New York Knicks salaries for the 2022-23 season.
# To understand everything regarding NBA salaries:
NEW YORK KNICKS 2022-23 SALARIES
UFA: non-restricted free agent RFA: restricted free agent
Financial situation in relation to the salary cap
- The Luxury Tax threshold is set at $150,267,000 this year.
- The NBA Salary Cap is set at $123,655,000 this year.
With $144,370,758 contractually committed for this 2022-23 seasonthe Knicks are right on the financial ropes for not paying the tax to the NBA.
New York has finally gotten their hands on a point guard and for that they have to send the dudes. 26 million a year for Jalen Brunson is slightly more than Julius Randle, while Evan Fournier and Mitchell Robinson follow behind. The accounts of the Knicks will weigh even heavier since the following season, there will be the big contract extension of RJ Barrett with 24 million a year. Good players with impressive contracts, veterans and young people who take the rest, New York what.
Players under guaranteed contracts for the 2023-24 season: 6
- Jalen Brunson
- Julius Randle
- Evan Fournier
- Mitchell Robinson
- R.J. Barrett
- Isaiah Hartenstein
The Knicks have bet on a project to start winning now or within 2/3 years (lol) by giving greenbacks to players in their prime. They have set their sights on the small leader of Dallas who did dirty last season and bet on the progress of RJ Barrett following realizing that Donovan Mitchell would not come to sign at home. Julius Randle, Mitchell Robinson, Evan Fournier and Jalen Brunson are under contract until at least 2025. We know where their cash is going to go over the next four seasons. It remains to be seen if they will manage to catch other big/medium fish in the meantime to hope to win more matches 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 team option for the 2023-24 season. Last year, D. Rose had a more than decent performance, averaging 12 points 40% behind the line off the bench, but he hasn’t put a toe on the floor since December 2021. The triple All-Star has better perform this year if he wants to stay in New York a little longer, but the competition will be tough with the youngsters Immanuel Quickley and Quentin Grimes and of course 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 restricted free agent at the end of the year and we all wonder if he will succeed in establishing himself in the League as his beginnings were irregular, although interesting at times. Transferred from Atlanta to New York last January to find an expanded role, he has so far mostly squatted on the bench and not sure that will change with Tom Thibodeau. The question that arises above all is whether Reddish will ask for a new trade during the year…
- Obi Toppin et Immanuel Quickley
Sorry, we’re cheating, but both players are in a similar situation this year in New York. The two youngsters from 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 will have to make sure to please the leaders of the franchise if they want to continue the adventure at Madison Square Garden and obtain a long-term contract. These two wags are as capable of inflaming the Madison Square Garden audience as of pissing them off with their irregularity, so we shouldn’t be bored.