From CBS Sports · · 3m
Knicks face salary cap crunch keeping title core together
Karl-Anthony Towns contract talks stall as New York grapples with the NBA's punitive apron rules.
In brief
Karl-Anthony Towns contract talks stall as New York grapples with the NBA's punitive apron rules. The 2023 CBA makes it nearly impossible for championship teams to keep their best players without significant salary sacrifices from the stars themselves. Originally reported by CBS Sports.
Knicks won it all in 2026
New York achieved championship harmony with everyone sacrificing and playing their role. But maintaining that chemistry after winning is considerably harder.
Robinson leaves for Boston
Owner James Dolan refused to go into the second apron, so backup center Mitchell Robinson, the only homegrown player in the championship rotation, left for the Celtics.
Towns contract talks stall
Negotiations between the Knicks and Karl-Anthony Towns have stagnated. The 30-year-old center has resisted New York's offers and a deal is unlikely before training camp.
Towns has huge market value
Towns has a player option for 2027-28 and could opt out to become a free agent. Other teams could offer him roughly 265 million dollars over four years.
Knicks offering 45-50 million
New York has proposed deals starting at 45 to 50 million dollars annually, a meaningful discount from what Towns could earn on the open market.
Gobert comparison shows precedent
Rudy Gobert, Towns' former teammate, took a 7.5 percent salary cap discount with Minnesota. If Towns took a similar cut, he'd start at roughly 48.4 million dollars.
Discount opens cap flexibility
If Towns takes a lower salary for 2027-28, it creates space under the second apron for the Knicks to keep other players like backup Miles McBride.
Real crunch comes in 2028-29
Player options for Finals MVP Jalen Brunson and Finals hero OG Anunoby come up in 2028-29. The Knicks hope to extend all five starters, but paying them fairly gets tricky.
Knicks will ask for discounts
New York will inevitably ask all five starters for salary cuts, arguing there's off-court value to being Knicks icons. But players watched ownership refuse the second apron to keep Robinson.
“The players just watched ownership refuse to go into the second apron to keep Robinson, so why is the responsibility of maintaining a seemingly very profitable contender solely on their shoulders?”
Brunson already took discount
Jalen Brunson already took a salary cut that proved necessary for New York's championship. He needs to be made whole, but asking others to sacrifice creates uncomfortable locker-room dynamics.
Hart most likely to move
Josh Hart, the oldest starter at 32, is the worst shooter and most likely to decline with age. He's the starter most likely to be traded if the Knicks need cap relief.
Repeater tax is punitive
The revamped repeater tax is enormously punitive to teams that approach the aprons. This likely played a role in New York's hesitance to exceed the second apron this season.
Draft picks are limited asset
Most of New York's future draft capital goes to Brooklyn. The Knicks want to be cautious about losing picks by exceeding the apron, as they may need them to trade for replacements later.
Rookie deals offer cost control
Some expensive teams have tried trading future picks for players on rookie deals as a cost-control measure. The Timberwolves did this to get Rob Dillingham in 2023.
2023 CBA makes it nearly impossible
The 2023 collective bargaining agreement makes it nearly impossible to keep championship teams together without sacrifices from players. Towns' resistance shows how difficult this will be.
“It's almost impossible to keep them together without sacrifices from some of the players.”
What matters most
The 2023 CBA makes it nearly impossible for championship teams to keep their best players without significant salary sacrifices from the stars themselves.

