| Team Roster | |||||||
| NO. | NAME | POS | AGE | HT | WT | COLLEGE | 2011-2012 SALARY |
| 7 | Carmelo Anthony | SF | 27 | 6-8 | 230 | Syracuse | $18,518,574 |
| 20 | Mike Bibby | PG | 34 | 6-2 | 195 | Arizona | $854,389 |
| 6 | Tyson Chandler | C | 29 | 7-1 | 240 | $13,107,837 | |
| 85 | Baron Davis | PG | 33 | 6-3 | 212 | UCLA | $854,389 |
| 23 | Toney Douglas | PG | 26 | 6-2 | 185 | Florida State | $1,145,640 |
| 2 | Landry Fields | G | 23 | 6-7 | 215 | Stanford | $762,195 |
| 50 | Dan Gadzuric | C | 34 | 6-11 | 240 | UCLA | $69,393 |
| 55 | Josh Harrellson | F | 23 | 6-10 | 275 | Kentucky | $473,604 |
| 9 | Jared Jeffries | PF | 30 | 6-11 | 240 | Indiana | $854,389 |
| 44 | Jerome Jordan | C | 25 | 7-0 | 240 | Tulsa | $473,604 |
| 17 | Jeremy Lin | PG | 23 | 6-3 | 200 | Harvard | $762,195 |
| 16 | Steve Novak | SF | 28 | 6-10 | 240 | Marquette | $854,389 |
| 21 | Iman Shumpert | G | 21 | 6-5 | 220 | Georgia Tech | $1,563,120 |
| 8 | J.R. Smith | SG | 26 | 6-6 | 220 | $2,338,709 | |
| 1 | Amare Stoudemire | PF | 29 | 6-11 | 260 | $18,217,705 | |
| Coach: Mike Woodson |