Knicks Sign Tim Hardaway Jr., C.J. Leslie

6:47pm: Deeks corrects his earlier report, and confirms that Leslie's deal isn't fully guaranteed (Twitter link).

WEDNESDAY, 6:01pm: Leslie's two-year deal is fully guaranteed for both seasons, tweets Mark Deeks of ShamSports, contradicting earlier word that the pact only included a partial guarantee.

MONDAY, 2:37pm: The Knicks have officially announced Hardaway's signing and also formally announced the signing of undrafted free agent C.J. Leslie (Twitter links). We had initially heard a day after the draft that the Knicks had agreed to sign Leslie, who will be in line for the rookie minimum. He'll also have a partial guarantee on his deal, tweets Al Iannazzone of Newsday.

2:05pm: The Knicks have reached a contract agreement with first-round pick Tim Hardaway Jr., agent Mark Bartelstein tells Ian Begley of ESPNNewYork.com (Twitter link).

Hardaway was the 24th overall pick in last month's draft, meaning he was the first of this year's draftees with a rookie-scale amount below $1MM. Still, as our chart of rookie salaries shows, Hardaway will earn 120% of that $997,300 cap hold, good for a first-year salary worth close to $1.2MM.