Salary cap expert Larry Coon gives an analysis of the New York Knicks upcoming salary cap situation. For those who are unfamiliar with the NBA’s collective bargaining agreement this writeup shows just how nuanced it is.
“With a $53 million cap and a $21.57 million team salary, the Knicks will have about $31.43 million in cap room. If they sign a player like LeBron James for $16.57 million, they will then have just $15.33 million to fill out the rest of their roster – and they will have no exceptions and no Bird rights to any of their free agents. Fortunately there are alternative strategies.”