Knicks Notes: Porzingis, Fizdale, Butler, Noah

During a meeting with the media today, Knicks GM Scott Perry declined to comment on his strategy for negotiating an extension with Kristaps Porzingis , tweets Ian Begley of ESPN. Porzingis is eligible for a five-year, $157MM extension now, but New York could save about $10MM in cap space by waiting to get the deal done next summer. That money could prove to be important for a team that plans to be a major player in the 2019 free agent market.

Team president Steve Mills told the media that Porzingis knows he’s a cornerstone of the franchise, regardless of when extension talks are held, Begley notes. Porzingis, who suffered a torn ACL in February, is meeting with team doctors this week to discuss a realistic timetable for his return.

There’s more today out of New York:

• Despite the injury to Porzingis and a lackluster summer of free agency, the Knicks plan to remain as competitive as possible this year, coach David Fizdale added (Twitter link). He said the first thing Perry and Mills told him in his interview is that they would never intentionally tank a season.
• When asked about a possible trade for Jimmy Butler, Mills reiterated his commitment to not skipping steps in the development process (Twitter link). That means the Knicks aren’t likely to pull the trigger on a big deal now when they have the cap room to offer a max contract next summer. Butler included the Knicks on the list of preferred locations he gave to the Timberwolves.
• Perry said the front office is hoping to reach a “resolution” soon with veteran center Joakim Noah, tweets Marc Berman of The New York Post. The team is talking to Noah’s representatives in hopes of working out a deal to part ways. The Knicks reportedly plan to use the stretch provision on the final year of Noah’s contract if trade or buyout talks prove unsuccessful.