Knicks could add $17 million in salary space by releasing veteran scorer

NBA: Playoffs-Philadelphia 76ers at New York Knicks
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As the New York Knicks look to build a competitive team around Jalen Brunson for the upcoming season, they face significant decisions regarding their salary cap and roster composition.

Knicks’ Financial Strategy: Balancing Big Salaries and Team Depth

One of the more pressing issues involves veteran forward Bojan Bogdanovic, who stands to earn $19 million in the upcoming season. However, the Knicks could opt to release him, freeing up approximately $17 million. This move would be particularly strategic if the team risks losing Isaiah Hartenstein to free agency, with reports suggesting the Oklahoma City Thunder are interested in acquiring the talented big man.

Potential Roster Moves and Strategic Additions

Bogdanovic’s potential release comes in the wake of his foot injury and subsequent surgery during the playoffs, which diminished his value at a critical time for the Knicks. Last season, spanning 57 games with Detroit and New York, Bogdanovic averaged 15.2 points while shooting .454 from the field and .398 from three-point range.

New York Knicks forward Bojan Bogdanovic (44) reacts during the first quarter against the Indiana Pacers at Madison Square Garden
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Despite his scoring ability, the financial burden of his salary does not align with his current role, especially considering the potential benefits of reallocating those funds to secure necessary depth or pursue other strategic acquisitions.

The Knicks are also contemplating their options with Mitchell Robinson, who is set to earn $14 million next season. If the Knicks decide to offload his contract along with Bogdanovic’s, they must ensure that any moves bring substantial talent in return, potentially adding a star to the roster.

Speculation from The Athletic has identified Tyus Jones as a suitable target for the Knicks. Jones could provide valuable support off the bench, handling the offense when Brunson is resting and potentially contributing alongside him as well. Jones is coming off an impressive season and is expected to command a significant contract. If the Knicks manage to structure a deal that offers financial flexibility in future seasons, they could position themselves well under the cap while enhancing their roster effectively.

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As the offseason progresses, the Knicks’ front office will need to carefully evaluate these decisions, ensuring that each move aligns with both their short-term competitive goals and long-term financial health. The potential release of Bogdanovic could be a step in reshaping the roster to provide the Knicks with the flexibility needed to make impactful signings.

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