Knicks Rumors

Over the course of this week, we’ve been breaking down 2016 NBA free agent spending by division, examining which teams – and divisions – were the most active this July.

These divisional breakdowns won’t present a full picture of teams’ offseason spending. Some notable free agents, including LeBron James, remain unsigned, so there’s still money out there to be spent. Our lists also don’t include money spent on this year’s first- and second-round picks or draft-and-stash signings. There are a few free agent names missing in some instances as well, since those deals aren’t yet official or terms haven’t been reported.

Still, these closer looks at divisional spending should generally reveal how teams invested their money in free agency this summer, identifying which clubs went all-out and which ones played it safe.

With the help of our Free Agent Tracker and contract info from Basketball Insiders, we’ll focus today on the Atlantic division. Let’s dive in…

1. New York Knicks

• Total money committed: $164,387,929
• Guaranteed money committed (including player options): $153,474,723
• Largest expenditure: Joakim Noah (four years, $72,590,000)
• Other notable signings:
  • Courtney Lee (four years, $48,003,340)
  • Lance Thomas (four years, $27,549,950)
  • Mindaugas Kuzminskas (two years, $5,773,035)
  • Brandon Jennings (one year, $5,000,000)
• Notes:
  • Sasha Vujacic will earn a $1,410,598 salary, but the Knicks will be on the hook for just $980,431 of that total, with the NBA picking up the rest of the bill.
  • The exact terms of reported deals for Chasson Randle and J.P. Tokoto aren’t yet known, so they haven’t been included here.
  • The Knicks also signed Willy Hernangomez, but he was a draft-and-stash player, rather than a free agent, so his deal isn’t included here.
  • The fourth year of Thomas’ deal, worth $7,583,975, is fully non-guaranteed, contributing significantly to the gap between the team’s total money and guaranteed money committed.

2. Toronto Raptors

• Total money committed: $146,025,440
• Guaranteed money committed (including player options): $143,228,000
• Largest expenditure: DeMar DeRozan (five years, $137,500,000)
• Other notable signings:
  • Jared Sullinger (one year, $5,628,000)
• Notes:
  • The Raptors were one of just three teams that didn’t go under the cap this summer, so their free-agent expenditures came using Bird rights (DeRozan), the mid-level exception (Sullinger), and the minimum-salary exception (other signees).

3. Boston Celtics

• Total money committed: $130,306,661
• Guaranteed money committed (including player options): $122,306,661
• Largest expenditure: Al Horford (four years, $113,326,230)
• Other notable signings:
  • Tyler Zeller (two years, $16,000,000)
• Notes:
  • Gerald Green will earn a $1,410,598 salary, but the Celtics will be on the hook for just $980,431 of that total, with the NBA picking up the rest of the bill.
  • The second year of Zeller’s deal, worth $8MM, is fully non-guaranteed, creating the gap between the team’s total money and guaranteed money committed.

4. Brooklyn Nets

• Total money committed: $78,488,356
• Guaranteed money committed (including player options): $74,963,953
• Largest expenditure: Jeremy Lin (three years, $36,000,000)
• Other notable signings:
  • Trevor Booker (two years, $18,375,000)
  • Justin Hamilton (two years, $6,000,000)
  • Luis Scola (one year, $5,500,000)
  • Greivis Vasquez (one year, $4,347,826)
  • Randy Foye (one year, $2,500,000)
• Notes:
  • If offer sheets for Allen Crabbe ($74MM+) and Tyler Johnson ($50MM) hadn’t been matched by the Blazers and Heat, respectively, the Nets likely would have been the Atlantic’s highest-spending team.
  • Anthony Bennett, Joe Harris, Beau Beech, Yogi Ferrell, and Egidijus Mockevicius all have contracts that include some non-guaranteed money.

5. Philadelphia 76ers

• Total money committed: $57,346,160
• Guaranteed money committed (including player options): $44,220,000
• Largest expenditure: Jerryd Bayless (three years, $27,000,000)
• Other notable signings:
  • Gerald Henderson (two years, $18,000,000)
  • Sergio Rodriguez (one year, $8,000,000)
• Notes:
  • The totals above don’t include the Sixers’ previously-reported agreement with Cat Barber, which has not been made official.
  • The Sixers also signed Dario Saric, but he was a draft-and-stash player, rather than a free agent, so his deal isn’t included here.
  • The second year of Henderson’s deal, worth $9MM, is fully non-guaranteed, contributing significantly to the gap between the team’s total money and guaranteed money committed.

Previously:
Southwest
Southeast
Northwest