The Knicks‘ path toward acquiring Karl-Anthony Towns from Minnesota began on draft night, Fred Katz of The Athletic explains in an outline of all the particulars involved in the deal. New York needed to prioritize every dollar because it had just completed a trade with Brooklyn for Mikal Bridges, leaving the team hard-capped at the second apron of $188.9MM.
The Knicks reached out to the agent of French prospect Pacome Dadiet, offering to select him with the 25th pick, but only if he would agree to accept $1.8MM in his first season instead of the usual 120% of the rookie scale, which would have been about $2.7MM. Dadiet jumped at the chance to get the job security that comes with being a first-round pick, and the team was able to save just enough money to make the Towns trade possible. Katz notes that Dadiet became the first player drafted in the first round since 2019 to accept 80% of the rookie scale.
The trade also involved some unusual negotiations with free agent Duane Washington, whose NBA rights still belonged to New York after he signed with Partizan in Belgrade during the summer. The Knicks had to sign-and-trade three players to Charlotte to open enough cap room to complete the Towns deal, but Partizan was insisting that Washington pay $600K in a buyout, plus another $1.6MM if the Hornets didn’t release him in time to return to Serbia within 48 hours.
Washington was hoping for a long-shot chance to make the Hornets’ roster, but he only had a $2.2MM contract, so he would have been under water with the terms from Partizan. Eventually the Belgrade team relented, asking for the original buyout plus undisclosed fees for each day he was away. Washington was waived by Charlotte on Wednesday, and sources tell Katz that he intends to return to Partizan.
There’s more on the Knicks:
- Landry Shamet appears likely to earn one of the remaining roster spots after signing a non-guaranteed contract last month, league sources tell Katz. Katz also hears that the Knicks are so concerned about preserving the roughly $335K they have left under the second apron that they aren’t allowing camp invitees on Exhibit 10 deals to practice for fear that they might get injured and have their contracts become guaranteed.
- Brian Windhorst of ESPN recaps all the moves that enabled New York to have the financial flexibility to add Towns to its roster.
- Bridges has the NBA’s longest active consecutive games streak at 474, but he doesn’t believe he’ll be able to reach A.C. Green’s all-time mark of 1,192, according to Stefan Bondy of The New York Post. Bridges admits there’s some luck involved in not missing a game so far in his NBA career. “People have asked me what’s the secret, and I’m just, like, ‘I’m blessed.’ I’ve got skinny bones that could hold up really well,” he said. “Just doing a lot of recovery and lifting. Just doing things to help prevent [injuries]. That’s pretty much it.”
- Speaking to reporters Friday afternoon, Josh Hart said it was difficult to lose Donte DiVincenzo, who was sent to Minnesota in the Towns trade (Twitter link from James L. Edwards of The Athletic). “It’s a tough one. It’s part of the business. I get it,” Hart said. “But I miss my dog. I think he should be received with cheers and ovation for everything he did last year.”