Knicks Re-Sign Precious Achiuwa On One-Year Contract

The Knicks have re-signed Precious Achiuwa, according to a team press release.

Achiuwa signed a one-year, $6MM contract, Fred Katz of The Athletic tweets. He qualified for a no-trade clause upon re-signing a one-year deal but agreed to give up that right, Katz adds (Twitter link).

Achiuwa became a free agent when the Knicks failed to extend him a $6.3MM qualifying offer. They wound up re-signing him for slightly less than that amount.

New York was motivated to pass on the qualifying offer because it may have affected its hard cap situation as it tried to work out the details of the trade to acquire Mikal Bridges from Brooklyn.

The Knicks acquired Achiuwa in late December as part of the OG Anunoby deal. He wound up playing a significant role amid long-term injuries to Julius Randle and Mitchell Robinson, among others. Achiuwa appeared in 49 games after the trade, making 18 starts and averaging 7.6 points and 7.2 rebounds in 24.2 minutes per night.

Following the free agent departure of Isaiah Hartenstein, Achiuwa and Jericho Sims are the top options to back up Robinson.

Re-signing Achiuwa to a $6MM salary keeps the Knicks below the second tax apron, which represents their hard cap. His willingness to give up the no-trade clause could facilitate a deal down the road. As a first apron team, the Knicks are not allowed to acquire more salary than they send out in a trade. If they had re-signed him at a lower figure, it would have reduced the pool of players they could acquire for him.

New York now has 13 players on guaranteed standard contracts and another on a partial guarantee — Sims’ $2.1MM contract becomes guaranteed if he on the roster past Aug. 16, ESPN’s Bobby Marks notes (Twitter link).

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