The books show $227.7 million in salary, above second apron money set at $221.7 million, and five contracts account for almost all of it. Three of the next four first-round picks already belong to Brooklyn, Detroit or Atlanta, leaving little margin to retool without paying twice.

The Bill
New York's payroll runs $227.7 million across 17 contracts. The cap is $165.0 million. The tax number is $200.4 million. The first apron is $209.0 million. Second apron money, where this roster now lives, is $221.7 million, and the Knicks have blown through every one of those lines.
The Big Five
Towns leads the books at $57.1 million. OG Anunoby is next at $42.5 million, then Brunson at $37.7 million, Bridges at $33.5 million and Hart at $20.9 million. Those five deals alone account for the bulk of the bill, and the rest of the roster splits what is left in two-million-dollar pieces.
What's Coming
Towns can opt in for $61.0 million in 2027-28, a raise, not a discount, while Anunoby, Brunson, Bridges and Hart all step up again that season. Tyler Kolek has a $2.5 million team option. Nothing on this roster gets cheaper before it gets more expensive.
Thin Draft Capital
The cupboard that could normally offset a bill like this is bare. New York's 2027 and 2029 first-round picks already belong to Brooklyn. The 2028 first is a swap, not an asset outright. Detroit holds a 2028 second, Atlanta a 2030 second, and another swap sits in 2029. Only the 2027 second and the 2030 first are New York's to keep outright.
Bottom Line
A champion built this bill, and the front office has no first-round relief until 2030 and no easy way under the apron lines without moving a rotation piece. Towns wants a new contract. McBride does too. Add those to a payroll already over every threshold, and the summer's extension talk looks harder to solve than it did in September.
Are the Knicks over the luxury tax?
Yes. New York's $227.7 million payroll clears the $200.4 million tax number and both aprons, landing above second-apron status, set at $221.7 million, for 2026-27.
What draft picks do the Knicks still control?
Not many outright. The 2027 and 2029 firsts are already owed to Brooklyn, the 2028 first is a swap, and the only picks New York fully controls are the 2027 second and the 2030 first.
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