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Knicks stand to gain $34.4 million in salary space

The New York Knicks have a significant mission to accomplish this off-season – making a substantial move. To do this, they’ll need to free up plenty of salary space. Several strategies could help them achieve this, such as trading high-priced players or extending contracts of some rotational pieces with lower initial salary hits.

The Knicks and Derrick Rose’s Departure

Over the weekend, the Knicks succeeded in opening up $15.6 million after declining Derrick Rose’s team option. With this development, Rose can either play elsewhere or transition into a coaching role, but with Jalen Brunson and Immanuel Quickley stepping up, his on-court services are no longer required by the Knicks.