There is some understandable confusion with regards to how this stuff works, so I figured I’d spell it all out for you. There are two different times in a season when a player can be waived using the stretch provision. You can waive them between July 1st and August 31st and then you can waive them between September 1st and June 30th. If you waive them during that July 1st/August 31st period, then you split the remaining years of the player’s contract over a period of two times the remaining years plus one. In the case of, say, Joakim Noah, …continue reading
Ian Begley and Adrian Wojnarowski report: After waiving Joakim Noah on Saturday, the New York Knicks will use the stretch provision on the remaining year of his contract to clear salary-cap space in an effort to pursue top free agents in the summer of 2019, league sources told ESPN. Using the stretch provision reduces Noah’s cap hit of $19.3 million in 2019-20 to $6.4 million, saving the team $12.9 million toward the cap. Stretching his contract, though, will cost the Knicks $6.4 million in cap space in the summers of 2020 and 2021. In addition: If the Knicks, as expected, …continue reading
On Monday, Steve Mills, Scott Perry and David Fizdale had a sort of “open forum” for a few select fans to ask questions. When specifically asked about trading for a free-agent-to-be like Jimmy Butler, this is what Mills had to say: “We’re going to build this team the right way. We’re not going to trade assets that we can get on our own later. … We’re not taking shortcuts. We’re not going to trade our draft picks. We believe New York will buy into a plan.” Perry added, “Our main focus is the ’18-19 season. As much as we talked …continue reading
Woj and Ian Begley report: Free-agent forward Mario Hezonja has agreed to a one-year, $6.5 million deal with the New York Knicks, league sources told ESPN. The Knicks are hopeful that Hezonja, 23, will fulfill the potential to become the complete player that made him the fifth overall pick by the Magic in the 2015 NBA draft. On the pro side of things, Hezonja showed some real signs of turning his career around after Orlando embarsssingly turned down his fourth year team option. I was interested in seeing him sign with the Knicks, so in a vaccuum, it’s a great risk on a …continue reading
This is the latest in a series of examinations into different games, events and decisions that impacted Knicks history in some way, shape or form. Stories that are not as famous as, say, “The Dunk” or Willis Reed playing Game 7, but still have a place in Knicks history, especially for die-hard fans. Here is an archive of all the stories featured so far (I have no idea when I’ve last updated it, though). Nowadays, the NBA Draft is a really big deal, with combines and legendary “three on three” scrimmages, but in the old days, NBA teams had much …continue reading
The Knicks haven’t moved up in the lottery since they won the Patrick Ewing sweepstakes over thirty years ago. And that was working with much different lottery odds. Since then, the Knicks have been in 14 lotteries and have not moved up in ANY of them. They HAVE famously moved BACKWARDS in a number of them, though. Let’s hope that they get some karmic reward for not trying to tank at the end of the season unlike most of the other teams in the bottom of the NBA. Let’s go, lottery gods!
According to Woj, the Knicks have agreed to a four-year deal with David Fizdale. Fizdale is a very popular coach among the players in the NBA and when he was the coach in Memphis, he ran a modern offense (while still paying attention to their team defense), so hopefully this works out. The main thing is, though, that he is not Mark Jackson. So I am pumped.