Since the Knicks are currently over the cap, they are going to need to find someone who is willing to take a pay cut in order to add a significant piece to their roster.
The maximum amount of money the Knicks can offer someone is their mid-level exception contract worth $3 million.
Most stars aren’t willing to sign this deal because it limits the amount of money and years the player can sign for.
Team general manager Glen Grunwald and head coach Mike Woodson are going to have their work cut out for them trying to convince a free agent that signing this deal will not only pay off for them financially, but that it will also put them on a championship-caliber team.
Here are five current free agents who might take a pay cut to play with the Knicks next season.