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Knicks Dodge 2026-27 Salary-Cap Apron, Trade Draft Picks

6/22/2026

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Summary

Story summary

Owner James Dolan announced the Knicks will not enter the second salary-cap apron for the 2026-27 season.
The Knicks own the No. 24, No. 31 and No. 55 draft selections and may trade the No. 24 pick down to No. 29 or No. 32.
Such a move could cut the combined rookie-minimum cap hit from $4.7 million to $2.8 million, a $200,000 reduction that would keep the team below the apron after finishing $240,000 under it last season.

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Story summary

Owner James Dolan announced the Knicks will not enter the second salary-cap apron for the 2026-27 season.
The Knicks own the No. 24, No. 31 and No. 55 draft selections and may trade the No. 24 pick down to No. 29 or No. 32.
Such a move could cut the combined rookie-minimum cap hit from $4.7 million to $2.8 million, a $200,000 reduction that would keep the team below the apron after finishing $240,000 under it last season.