HC - New York Knicks
HC - New York Knicks
New York Knicks - $85,247,936
1. The Hard Cap is $85,000,000. You cannot go over the Hard Cap during the season, which technically begins as soon as "Training Camp" is simmed. If you do go over the Hard Cap during the season, you have 48-hours to get under. If you do not get under, you must forfeit your next 2 first round picks (If there are multiple picks, the commish will decide), and you will also lose a player to waivers. You will also lose your MLE and LLE, and all FA privileges (even Bird rights) over the next 2 years. If you go over at the trade deadline the penalty is automatically incurred.
Hard Cap Penalties only become enforceable during the start of each season. What this means: If you are over the Hard Cap at any point during the off-season (e.g., from the time the lottery is run until TC), you have until 24-hours after Training Camp is posted to officially get under. Because of this additional leeway, transactions that are intended to cause a team to duck under the Hard Cap must be FULLY EXECUTED by this deadline, with no exceptions (for example: a team trading an MLE on day-30 to get under the HC doesn’t suffice.... a transaction waiting on other trades that haven’t been executed would not suffice). Additionally, contract buyouts for the new league year may not start until after regular season sim 1, which prevents a team from circumventing the rules and buying out 4 players - two before tc, two right after - to duck the cap. During season, the Hard Cap rules remain the same: a team has the same 48-hours to duck the cap before the penalties are enforced.
48 hrs
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1. The Hard Cap is $85,000,000. You cannot go over the Hard Cap during the season, which technically begins as soon as "Training Camp" is simmed. If you do go over the Hard Cap during the season, you have 48-hours to get under. If you do not get under, you must forfeit your next 2 first round picks (If there are multiple picks, the commish will decide), and you will also lose a player to waivers. You will also lose your MLE and LLE, and all FA privileges (even Bird rights) over the next 2 years. If you go over at the trade deadline the penalty is automatically incurred.
Hard Cap Penalties only become enforceable during the start of each season. What this means: If you are over the Hard Cap at any point during the off-season (e.g., from the time the lottery is run until TC), you have until 24-hours after Training Camp is posted to officially get under. Because of this additional leeway, transactions that are intended to cause a team to duck under the Hard Cap must be FULLY EXECUTED by this deadline, with no exceptions (for example: a team trading an MLE on day-30 to get under the HC doesn’t suffice.... a transaction waiting on other trades that haven’t been executed would not suffice). Additionally, contract buyouts for the new league year may not start until after regular season sim 1, which prevents a team from circumventing the rules and buying out 4 players - two before tc, two right after - to duck the cap. During season, the Hard Cap rules remain the same: a team has the same 48-hours to duck the cap before the penalties are enforced.
48 hrs
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