The New York Knicks made their pick in the 2024 draft, selecting 18-year-old French wing Pacome Dadiet with the No. 25 overall selection. Dadiet, who played for Ratiopharm Ulm in Germany last season, brings promising talent to the Knicks roster.

However, the Knicks' financial situation and Dadiet's young age present some considerations for the team. With the potential completion of the Mikal Bridges trade, the Knicks will be hard-capped at the first tax apron of $178.7 million. This restriction may lead the Knicks to consider stashing Dadiet overseas for a season to delay his rookie scale contract signing.

Despite the team's financial circumstances, Dadiet expressed his intention to play in the NBA next season, which complicates matters for the Knicks. Assuming he signs for 120% of the rookie scale, Dadiet's projected earnings for the 2024/25 season would be $2,720,040. While this may seem modest in comparison to NBA standards, the Knicks already have eight players under contract and are closing in on the first apron limit.

To create some financial flexibility, the Knicks traded the No. 26 pick, Dillon Jones, to the Oklahoma City Thunder in exchange for five future second-round picks, allowing them a slight financial wiggle room. However, in order to avoid being hard-capped at the first apron, the Knicks will still need to add approximately $4.4 million in salary to the Bridges deal. By doing so, they would be hard-capped at the second apron of $189.5 million, giving them the ability to offer Isaiah Hartenstein his Early Bird max contract worth $72.5 million over four years. Despite this option, it appears unlikely that Hartenstein will return to the Knicks unless he agrees to a discount.

Sources indicate that the Knicks have been exploring various avenues to add salary to the Bridges deal and avoid the first apron hard cap. One option they considered was including Miles McBride but have since backed away from that idea. Additionally, the Knicks' chances of re-signing Hartenstein are described as "pessimistic."

In other news, the Knicks announced that guard Miles McBride recently underwent surgery on his right pinky toe and is expected to resume basketball activities later this offseason.

Meanwhile, Jalen Brunson, who is eligible to sign a four-year extension worth approximately $157 million this summer, is still contemplating whether to sign the extension now or wait until 2025. Waiting until 2025 would make him eligible for a larger deal worth up to a projected $270 million over five years, according to sources.

As the Knicks navigate their financial situation and evaluate their roster, they will have key decisions to make regarding Dadiet, adding salary to the Bridges deal, and potential extensions for players like Brunson. It remains to be seen how these factors will shape the team's future moves.