The New York Knicks have exercised their 2021-22 team option for center Mitchell Robinson. Robinson will now be on the Knicks books for $1.8 million.
New York and Robinson still have lots of contract options moving forward. If Robinson simply plays out this contract, he'll be an unrestricted free agent in the summer of 2022. New York could also reach an extension of up to four years, worth as much as $51 million with their young center. That extension would start with the 2022-23.
The Knicks and Robinson can also use some of New York's cap space this year in a renegotiation and extension. This would allow the Knicks to bump Robinson's salary for this season, while adding on some additional years.
The 23-year-old Robinson continues to show promise, but missed over half of last season due to injuries. When healthy, he's shown he can be an elite finisher, shot-blocker and a very good rebounder.
New York also waived center Norvel Pelle. This move was expected and will free up $1.7 million in cap space for the Knicks.