NY Daily News: Time is running out for Joakim Noah to reach buyout agreement with Knicks

From Stefan Bondy:

Joakim Noah has until midnight Thursday or else he’s stuck with the Knicks.

That’s the deadline for the exiled center to reach a buyout if he wants to sign elsewhere and be eligible for the playoffs. However, as late as Wednesday afternoon, there had been no progress in negotiations. The Knicks still didn’t want to release Noah without significant money coming back in a buyout, and Noah was unwilling to surrender enough of his guaranteed contract.

Beyond the remaining money owed for this season, Noah still has two years and almost $38 million remaining on his deal. It’s unclear how much the Knicks are asking to retrieve in a buyout.

For the Knicks there’s little incentive to waiving Noah because his money remains on the cap. Although buyouts of multi-year contracts are rare, there is recent precedent of a player giving up substantial money — Deron Williams surrendered $15.5 million of the $43 million remaining on his deal with the Nets in 2015.

“No updates,” Jeff Hornacek said Wednesday.

Do not cut Noah, please. There’s no way he’d ever give back enough money for it to make sense.

Knicks Morning News (2018.03.01)

  • [SNY Knicks] Noah, Jack among veterans Knicks must decide to keep or let go Thursday
    (Thursday, March 01, 2018 11:25:53 AM)

    With the playoff-eligible waiver deadline on Thursday, the Knicks need to decide what to do with Joakim Noah and Jarrett Jack fast.

  • [SNY Knicks] GEICO SportsNite: Doc Rivers and Jeff Hornacek
    (Wednesday, February 28, 2018 11:38:20 PM)

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  • [SNY Knicks] Kanter: ‘Ntilikina is doing an unbelievable job’
    (Wednesday, February 28, 2018 10:40:13 PM)

    Enes Kanter understands that being a rookie in the NBA isn’t easy but says that Frank Ntilikina is doing an ‘unbelievable job.’

  • [ESPN] Durant and Beasley: From childhood friends to hoop legends
    (Wednesday, February 28, 2018 3:38:06 PM)

    The NBA forwards share stories about growing up together, how their careers took different paths and much more.

  • [NYTimes] After Fasting and Before the Sabbath, Yeshiva Debuts in N.C.A.A. Tournament
    (Thursday, March 01, 2018 6:37:07 PM)

    Yeshiva’s basketball team has won its first-ever post-season tournament berth. It is a point of pride not just for the university, but the Jewish community as a whole.

  • [NYTimes] The Warriors’ 70-Year-Old Truth-Teller
    (Thursday, March 01, 2018 4:40:57 PM)

    Ron Adams is an assistant coach with wide-ranging interests and an obsession with good basketball. He’ll send the wine back if it doesn’t taste right.

  • [NY Newsday] Jeff Hornacek sees injuries as reason for Knicks’ collapse
    (Wednesday, February 28, 2018 7:54:00 PM)

    GREENBURGH, N.Y. — Would the remainder of the Knicks season be centered upon talk of lottery picks and the development of their young guards if they hadn’t suffered major injuries early in the season?

  • [NYPost] Frank Ntilikina displaying unexpected versatility at guard
    (Wednesday, February 28, 2018 6:01:35 PM)

    So is the Knicks’ point guard of the future the Knicks’ two guard of the future? “I’m learning every day,” Frank Ntilikina said after practice Wednesday in Tarrytown. “I want to bring everything to the team. Either on the point-guard position or the 2 position. If coach wanted me to play the 5, I would…

  • [NYPost] Knicks facing decisions on Noah, Jack as key deadline nears
    (Wednesday, February 28, 2018 3:35:04 PM)

    The situation remains the same on the Joakim Noah front. “No updates,” Knicks coach Jeff Hornacek said Wednesday. Players must be waived by Thursday at 11:59 p.m. in order to have playoff eligibility for any postseason-contending team that subsequently picks them up. Noah has been away from the Knicks since a heated argument with Hornacek…