Eastern Notes: Knicks, Pistons, LeVert, Green

Knicks team president Phil Jackson believes the acquistions of point guard Derrick Rose and center Joakim Noah poses “minimal risk and a great reward,” according to Ian Begley of ESPN.com. Jackson made that comment during a podcast with Shaquille O’Neal. Rose was acquired in a trade with the Bulls, while Noah signed a four-year, $72MM contract as a free agent. “Both of them, I think, have some career left, even though they’ve had injuries, and it’s what they call risk-reward,” Jackson said to O’Neal. “What was the risk and what was the reward? And I felt it was a minimal risk and a great reward if we were able to put together a good team.”

In other developments around the Eastern Conference:

• Pistons coach Stan Van Gundy does not plan to carry both Lorenzo Brown and Ray McCallum on his opening-day roster, Keith Langlois of Pistons.com reports. Brown and McCallum are locked in a training-camp battle to back up point guard Ish Smith with starter Reggie Jackson sidelined the first month of the season by knee tendinitis. Neither one has a guaranteed contract. “It’s not going to be an easy decision,” Van Gundy told Langlois. “The way we’d love to start the year is to have them both because you want three point guards. But to do that, we’d actually have to cut somebody on a guaranteed contract. I don’t foresee that.”
• Caris LeVert has been a limited participant in training camp as the rookie guard continues to progress from the foot injuries that cut short his final season at the University of Michigan, Cory Wright of BrooklynNets.com reports. New Nets coach Kenny Atkinson is still unsure when LeVert, the 20th overall pick in this year’s draft, will be able to go without any restrictions, Wright adds.
• Jeff Green‘s ties to the Magic’s front office and the trade that brought Serge Ibaka to Orlando made it an easy decision for him to sign with the franchise, John Denton of OrlandoMagic.com writes. The well-traveled small forward signed a one-year, $15MM contract with the Magic after agreeing to the deal on the first day of free agency. “I knew (assistant GM) Scott (Perry) and (GM) Rob (Hennigan), too, from OKC,” Green told Denton. “I saw that the Magic had traded for Serge on draft day and I had played with Serge already. … I knew this would be a great situation.”