New York — New York Knicks owner James Dolan said on June 17, 2026, that the organization will not cross the NBA’s second luxury-tax apron as it tries to bring back its entire roster for a bid to repeat next season.
Speaking publicly about the team’s offseason plans, Dolan emphasized that moving past the newly created spending line is “something we cannot do” despite a desire to retain every key player. Under the league’s collective bargaining agreement, teams that exceed the second apron face substantial financial penalties and sweeping roster restrictions, including limits on trades and free-agent signings.
Dolan’s stance signals that New York will look for ways to re-sign its core without triggering the harsher tax level, a calculation that could shape contract negotiations and potential roster moves throughout the summer.
Source: New York Post
