Knicks Sign Michael Beasley To One-Year Deal

5:17pm: The deal is now official, per the Knicks’ press release.

2:19pm: The Knicks are closing in on a contract agreement with former second overall pick Michael Beasley, reports Michael Scotto of Basketball Insiders (Twitter link). According to Scotto, Beasley and the Knicks are nearing a one-year deal.Michael Beasley vertical

The two sides are expected to finalize the terms of an agreement later today, per Ian Begley of ESPN.com. While neither Scotto nor Begley provides specific details on those terms, the Knicks have used up all their cap room and signed Ron Baker with their room exception, so Beasley appears to be in line for a minimum salary pact.

Selected one spot after Derrick Rose in the 2008 draft, Beasley spent two seasons with the Heat, and has since played for the Timberwolves, Suns, Rockets, and Bucks. He also had a second stint in Miami, and played multiple seasons in China. Prior to the 2016/17 campaign, Beasley was traded from Houston to Milwaukee in exchange for Tyler Ennis.

While he never lived up to his pre-draft billing, Beasley – who is now 28 years old – continued to provide value as a scorer off the bench in Milwaukee last season. In 56 games for the Bucks, the veteran forward averaged 9.4 PPG with a career-best .532 FG% and .419 3PT%.

Beasley figures to play a similar role in New York, giving the team some scoring punch off the bench. Of course, if the Knicks ultimately find a trade they like involving Carmelo Anthony, that could open the door for Beasley to take on a larger role.

Photo courtesy of USA Today Sports Images.

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