New York Knicks Retain Ariel Hukporti While Letting Go of PJ Tucker’s Option

Knicks Roster Management Update

The New York Knicks have made a significant move in their roster management by opting to retain center Ariel Hukporti, while simultaneously choosing not to exercise the team option for experienced forward PJ Tucker, according to information from league sources reported by SNY. This decision to part ways with Tucker will reduce the team’s payroll by $3.5 million, an important financial maneuver considering the Knicks’ current salary scenario.

Salary Cap and Exceptions

With an estimated $196 million in total salary, the Knicks find themselves above the initial apron threshold, but they still have access to the $5.6 million taxpayer exception. This exception allows the team to sign free agents to contracts of up to two years in duration, complemented by a maximum annual wage increase of five percent. It also permits the possibility of dividing the exception to attract multiple players.

By not picking up Tucker’s option, the Knicks not only lower their expenditure but also gain increased flexibility to engage in sign-and-trade deals involving their free agents. This strategy enables them to acquire players under contract that fit within the $5.6 million exception limit.

However, should they use this exception for signing a new player, they must adhere to a hard salary cap that prevents their total team payroll from exceeding $207.8 million.

Future Decisions on Veteran Free Agents

In addition to deciding on Tucker’s situation, the Knicks also face important decisions regarding their other veteran free agents, including Delon Wright, Precious Achiuwa, Landry Shamet, and Cam Payne. As they evaluate their options, the franchise is expected to actively explore the market for backup guards.

Interest in Landry Shamet

Particularly regarding Shamet, who has drawn interest from multiple contending teams across the league, the Knicks are keen to make a move as free agency opens at 6 PM on Sunday, based on SNY’s insights. After recovering from a dislocated shoulder in the 2024-25 season, Shamet showcased his shooting ability with a 40 percent success rate from three-point range over 50 regular-season appearances.

Although his postseason minutes were decreased at first, he made a significant impact upon his return in Game 3 of the Knicks’ playoff series against the Pacers, going 7-for-13 from beyond the arc and contributing positively to the team’s performance on the court.