Every dollar counts for the Knicks in the new Collective Bargaining Agreement.
After the Mikal Bridges trade, the Knicks could be hard-capped at the NBA’s first apron. This would limit them to $178 million in team salary.
The Knicks entered the first round of the NBA Draft on Wednesday with $172 million in team salary committed to eight players, per ESPN’s Bobby Marks.
It’s incredibly difficult to fill out a roster with just $6 million.
The Knicks’ moves on Wednesday night give them a little more financial flexibility.
New York was able to shed salary by trading one of its first-round picks to the Oklahoma City Thunder for five future second-round picks. The Knicks selected Pacome Dadiet with the other first-round pick. If they draft and stash Dadiet and sign two second-round picks to minimum deals, the Knicks will have saved $3 million in team salary.
The Knicks can avoid the…
