New York Knicks Rumors | Hoops Rumors

Details On Knicks’ Trade Offers For Donovan Mitchell

September 2nd, 2022 at 7:10am CST by Luke Adams

In the wake of the agreement between the Jazz and Cavaliers on a trade that will send Donovan Mitchell to Cleveland, details are trickling in on what the Knicks – long rumored to be Mitchell’s top suitor – offered for the three-time All-Star.

Not every outlet is entirely in alignment on what the Knicks put on the table for Mitchell, but the various reports paint a pretty clear picture of what it would’ve taken for the Jazz to send the 25-year-old to New York. Here’s what a few key national and local reporters are saying:

Adrian Wojnarowski of ESPN:

According to Wojnarowski, before extending RJ Barrett, the Knicks balked at including Quentin Grimes in a package that already featured Barrett, two unprotected first-round picks, the Bucks’ 2025 first-rounder (top-four protected), two second-round picks, two pick swaps, and a pair of expiring contracts from a third team.

When the Knicks wanted to replace Grimes in that package with Immanuel Quickley, the Jazz insisted on a third unprotected first-round pick, which the Knicks weren’t willing to give up, according to Wojnarowski, who says New York would’ve sent Evan Fournier and a first-round pick to a third team in order to spare Utah from having to take on Fournier’s multiyear contract.

Perhaps the most intriguing part of Wojnarowski’s report is his claim that the Knicks made an offer in early July that would’ve included Barrett, Obi Toppin, Mitchell Robinson (via sign-and-trade), and three unprotected first-round picks. When the Jazz turned down that proposal, Robinson re-signed with New York, which took him out of the mix for any further negotiations between the two teams.

Vincent Goodwill of Yahoo Sports:

Goodwill’s intel is similar to Wojnarowski’s — he hears from sources that the Jazz and Knicks got close to a deal that would’ve included Barrett, Grimes, expiring contracts, two first-round picks, the Bucks’ 2025 pick, a pair of pick swaps, and two second-rounders. However, New York felt that price was too steep and decided to extend Barrett instead.

Marc Berman of The New York Post:

One of the Knicks’ last offers to Utah included two unprotected first-rounders and three conditional picks along with Barrett, according to Berman, who says it’s unclear whether the team was offering three unprotected first-rounders in permutations of the deal that didn’t include Barrett.

Berman suggests (via Twitter) that the Knicks withheld Grimes from all of their offers. That’s a little hard to believe, given how many different versions of deals the two sides discussed, but it sounds like New York wasn’t interested in adding the second-year guard as a sweetener to offers that already included Barrett and significant draft capital.

“(The Knicks) thought they had (Jazz CEO Danny) Ainge and Utah over the barrel,” one league source said to Berman. “They held back on best offers of picks and players and Danny got his three unprotected.”

Stefan Bondy of The New York Daily News:

Bondy confirms that the Knicks weren’t willing to give up three unprotected first-round picks along with Barrett.

However, he says the team was open to moving any of its top prospects, including Grimes — again, presumably if they were going to include Grimes in certain iterations of their offer, the Knicks would’ve wanted to remove another asset or two.

Ian Begley of SNY.tv:

According to Begley, the Knicks did make offers for Mitchell that included three unprotected first-round picks, but Barrett wasn’t part of those packages.

Begley also reports that the Knicks offered different combinations of players in their proposals that featured two unprotected first-rounders and the Bucks’ lightly protected 2025 pick — some of those offers included Barrett and some didn’t (while Begley doesn’t confirm this, it sounds as if Grimes was probably put into some offers that didn’t include Barrett).

At one point, Begley writes, the Jazz asked for a package that included Barrett, Evan Fournier, three unprotected first-rounders, additional draft picks, and at least one other young Knick player. New York opted not to meet that price.

It’s worth noting that the Knicks themselves are likely to be one of the primary sources leaking these after-the-fact details. The Jazz wouldn’t have much incentive to leak packages that they could’ve had instead of Cleveland’s, whereas the Knicks may be hoping to convey the impression they made a strong play for Mitchell and made fair proposals.

With that in mind, it’s worth taking these reports with a grain of salt — it’s possible a key detail or two is being omitted. Still, there’s a pretty consistent message that the Knicks were, at the very least, willing to trade Barrett, two unprotected first-round picks, and some additional draft compensation for Mitchell.

It will be fascinating to follow the trajectories of Barrett and new Jazz players like Collin Sexton and Ochai Agbaji in the coming years to assess whether Utah made the right call by passing on the Knicks’ offers and pulling the trigger on the Cavs’ deal.

Knicks Notes: Barrett, Rival Opinions, Mitchell, Next Steps

September 1st, 2022 at 7:29pm CST by Alex Kirschenbaum

The Knicks officially signed fourth-year small forward RJ Barrett today to a lucrative four-year rookie contract extension that can be worth up to $120MM. Taking a closer look at the deal in the latest edition of their podcast The Mismatch (YouTube video link), Kevin O’Connor and Chris Vernon of The Ringer argue the extension is a smart play for New York. The duo thinks that Barrett, at worst, will be a solid role player, and at best could reach All-Star greatness.

Vernon and O’Connor also both think Barrett will thrive best as a large shooting guard, the same position that undersized All-Star Donovan Mitchell, who was just dealt from the Jazz to the Cavaliers instead of the Knicks, plays.

Mike Vaccaro of the New York Post opines that Barrett’s extension serves as proof positive that team president Leon Rose and the rest of New York’s front office see Barrett as a core building block for the future. Vaccaro notes that Barrett has improved as a shooter each season, and says he’s worth the investment.

There’s more out of Madison Square Garden:

Rival coaches and executives are weighing in on the team’s decision to extend Barrett, writes Marc Berman of the New York Post. “The Knicks normally overpay for decent players,’’ a coach told Berman. “Is RJ ever going to be more than a low efficiency, high usage scorer? Maybe. But maybe not. That’s the point. But they think he’s got a lot of room to get better.’’ An NBA scout offered the following assessment: “RJ is a really good player, but only if he’s surrounded by a really good team. (The Knicks) are a mediocre team, and they have a lot of money tied up in three players (Jalen Brunson and Julius Randle being the other two) who are third/fourth options. That would be the concern. It’s where do they go from here with this much money tied into three players. Are these contracts going to be (tradable) if need be, or you’re stuck with them?’’
The Knicks had the assets needed to trade for three-time Jazz All-Star Donovan Mitchell, who ultimately was sent to the Cavaliers today in a blockbuster deal. Ian Begley of SNY.tv breaks down New York’s thinking in not going all-in for Mitchell. In addition to being reticent to include three unprotected first-round picks as has been previously reported, Begley writes that the team was hesitant to trade Barrett or Quentin Grimes, both of whom Utah had been interested in adding.
Deciding to not make a deal for Mitchell may work out for the Knicks, according to Steve Popper of Newsday. Popper writes that a starting backcourt of two 6’1″ guards in Brunson and Mitchell could have put New York at a defensive disadvantage in a league full of bigger, longer guards. Popper wonders if the Knicks will now move on to considering 6’6″ Thunder guard Shai Gilgeous-Alexander, currently trapped on a franchise in the midst of a long-term rebuild.

Knicks Officially Announce RJ Barrett’s Extension

September 1st, 2022 at 4:08pm CST by Luke Adams

The Knicks have officially signed forward RJ Barrett to a rookie scale extension, the team announced today in a press release.

While the Knicks’ didn’t specify the terms of the deal in their announcement, previous reports indicated that Barrett’s new four-year contract, which will go into effect in 2023/24, will include $107MM in guaranteed money and could be worth up to $120MM with incentives related to All-Star, All-NBA, and All-Defensive selections.

“We are thrilled to announce a well-deserved extension for RJ Barrett, a core piece of our team’s foundation,” Knicks president of basketball operations Leon Rose said in a statement. “At only 22 years old, he has elevated his game each season, solidifying himself as a force on both ends of the court. We believe he will continue to improve because of his passion for the game and dedication to his craft. We want to continue to build our team and culture around players like RJ who possess these values and qualities.”

Fittingly, the Knicks announced Barrett’s extension at almost exactly the same time word broke that the Jazz were trading Donovan Mitchell to Cleveland. The Knicks and Jazz reportedly had extensive discussions about Barrett as a possible centerpiece in a trade for Mitchell, with New York setting a Monday night deadline to either agree to a trade or extend the former No. 3 overall pick.

Barrett’s extension didn’t rule out the possibility that the Jazz and Knicks could work out a Mitchell trade, even one involving Barrett. However, it put those trade discussions on the back burner at least temporarily, opening the door for the Cavs to swoop in and finalize a trade for Mitchell themselves.

With Mitchell no longer available, it’s a safe bet Barrett will be a Knick in 2022/23. If he’s not included in another trade for a star down the road, he’s on track to remain in New York all the way through at least the ’26/27 season — his new deal reportedly doesn’t include any player or team options, so he won’t be eligible for free agency until the summer of 2027.

A former star at Duke, Barrett has steadily increased his scoring average in his three NBA seasons with the Knicks, registering a career-high 20.0 PPG in 70 games (34.5 MPG) in 2021/22. He also contributed 5.8 RPG and 3.0 APG while shooting .408/.342/.714 last season.

Those shooting marks were a step down from his career bests in ’20/21 (.441/.401/.746), but the presence of newly acquired point guard Jalen Brunson this season should help boost Barrett’s scoring efficiency.

Knicks’ Reddish Seeking Change Of Scenery?

September 1st, 2022 at 10:40am CST by Luke Adams

Knicks forward Cam Reddish would prefer a change of scenery, according to Marc Berman of The New York Post, who hears from a league source that Reddish is seeking a larger role after seeing irregular minutes with the team last season.

Reddish, who was traded from Atlanta to New York in January in exchange for a heavily protected first-round pick, only appeared in three of his first 11 games with the club, logging 21 total minutes during that time as he returned from an ankle injury.

Reddish began to see the court more regularly in February when Quentin Grimes went down with an injury and Kemba Walker reached an agreement to sit out the rest of the season. However, the former Duke Blue Devil suffered a separated shoulder on March 7, prematurely ending his season. In total, Reddish averaged 6.1 PPG on .415/.258/.906 shooting in 15 games (14.3 MPG) for the Knicks.

A full offseason with the Knicks could theoretically pave the way for Reddish, who is celebrating his 23rd birthday today, to earn a more significant role in 2022/23. But he has been mentioned in some trade rumors this offseason, and Berman’s source is skeptical that Tom Thibodeau envisions the forward as an important piece in New York’s rotation.

“The Knicks didn’t have a plan for him,” the source told The Post. “They traded for him without one and still don’t have one. He would like a bigger opportunity somewhere.”

The Lakers reportedly explored the possibility of acquiring Reddish prior to the February trade deadline, and have been mentioned again this summer as a possible suitor.

If the Klutch Sports client ends up in Los Angeles, it might be as a small part of a bigger three-team deal that sends Russell Westbrook to Utah and Donovan Mitchell to New York. It’s also possible that Reddish could be traded to Utah as part of a package for Mitchell, but Berman says there’s no indication the Jazz are targeting the former 10th overall pick.

Reddish also reportedly sought a change of scenery out of Atlanta before being dealt to the Knicks. His minutes per game had dipped to 23.4 MPG with the Hawks in 2021/22 prior to the trade, a step down from the 28.8 MPG he averaged in ’20/21. Following the trade, he expressed a belief that he could become a “legit star,” but for now he’ll just have to prove that he can be a reliable rotation player.

Could Jazz Flip Barrett If They Acquire Him In Mitchell Trade?

September 1st, 2022 at 7:58am CST by Luke Adams

Some teams with interest in Knicks forward RJ Barrett believe they’d have a chance to land him if the Jazz were to acquire him in a Donovan Mitchell trade, according to Ian Begley of SNY.tv. As Begley explains, while the Jazz are thought to like Barrett, there’s a belief that they’d be open to the idea of flipping him for additional first-round picks if he were included as part of a package for Mitchell.

The Jazz’s potential plans for Barrett may be a moot point. Now that the former No. 3 overall pick has agreed to a four-year extension with the Knicks, the poison pill provision will complicate efforts to include him in any Mitchell trade — the Jazz could still theoretically acquire him, but a third team with cap room may need to get involved to make the salary-matching math work, as ESPN’s Bobby Marks noted in a video segment earlier this week.

NBA Executives Split On RJ Barrett's Potential

August 31st, 2022 at 11:28am CST by Luke Adams

There aren’t many NBA executives who have a “down-the-middle” take on Knicks forward RJ Barrett, according to Sam Vecenie of The Athletic, who says some talent evaluators view him as a future All-Star while others question his shooting ability, his decision making, and/or his touch around the basket. Vecenie explains within his article why he’s a believer in Barrett’s long-term potential.
For more on Barrett’s extension and how it affects Donovan Mitchell trade talks, be sure to check out our Knicks page, which has been busy so far this week.

Knicks/Jazz Rumors: Barrett, Grimes, Toppin, Mitchell

August 30th, 2022 at 6:37pm CST by Rory Maher

The Jazz are high on Knicks wing RJ Barrett and were “pushing” for him to be included in a potential trade for Donovan Mitchell, writes Tony Jones of The Athletic. Prior to agreeing to an extension, sources tell Jones that Barrett’s camp was “bracing” for the 22-year-old to be dealt away.

The extension will make including Barrett in a deal extremely difficult due to the “poison pill provision,” though the possibility reportedly remains. As Yossi Gozlan of HoopsHype explains, the Jazz don’t have the necessary cap space or a trade exception big enough to absorb Barrett’s incoming salary, so for him to be included, a third team would likely have to be involved for salary-matching purposes.

As Steve Popper of Newsday writes, not everyone in the Knicks organization viewed Barrett as being worth $107MM over four years ($120MM with incentives), and others thought including him in a proposal for Mitchell might make the Jazz less likely to ask for additional draft compensation, which obviously wasn’t the case.

In addition to Barrett, Utah also values second-year guard Quentin Grimes and third-year forward Obi Toppin, according to Jones, who notes that both young players will likely have to part of the trade package if Barrett is not. However, New York has been “very hesitant” to part with Grimes to this point, sources tell Jones.

Like Marc Berman of The New York Post, both Popper and Jones hears the Knicks are still optimistic about landing Mitchell, but as with Grimes, Jones says they have been reluctant to include a “significant number” of unprotected first-round picks because they want to keep their options open for the future.

Jones still views the Knicks and Jazz as the most logical trade partners for Mitchell, but writes that both teams have questions that need answered first. Popper views Mitchell as a questionable fit with Jalen Brunson, and thinks the Knicks shouldn’t trade away all of their own unprotected first-rounders to land him.

According to Adam Zagoria of NJ.com, Mitchell removed the Jazz from his Twitter bio on Tuesday, fueling speculation about the trade talks.

RJ Barrett Hasn’t Been “Ruled Out” Of Donovan Mitchell Trade

August 30th, 2022 at 4:41pm CST by Rory Maher

Despite an agreement on a lucrative extension and significant complications from the “poison pill provision,” sources tell Shams Charania of The Athletic (video link via The Rally) that Knicks wing RJ Barrett could still be offered in a trade for Jazz guard Donovan Mitchell.

“It’s not expected that he is going to be ruled out of any potential trade, and I’m told through various sources that RJ Barrett could very well end up being in a potential deal and being in offers depending on the framework of a deal,” Charania said.

According to Charania, New York’s latest offer for Mitchell included Barrett and two unprotected first-round picks, but the Jazz wanted more in return for the three-time All-Star, so the Knicks wound up giving Barrett an extension.

As we outline in our glossary entry, a player who signs a rookie scale extension but remains on his rookie contract has different outgoing and incoming salary-matching figures, which is referred to as a “poison pill” — in Barrett’s case, the gap between his outgoing and incoming figures will reportedly exceed $15MM. That would make it extremely challenging for both the Knicks and Jazz to send out and take back a legal amount of salary if Barrett is part of a package for Mitchell.

As Charania notes, the Knicks still have other assets to include in a deal that doesn’t involve Barrett, with the Jazz reportedly prioritizing landing as many unprotected first-rounders as possible. New York remains “hopeful” that it can still land Mitchell without including Barrett, and wouldn’t have extended him if the team thought it would nix a potential deal, a source tells Marc Berman of The New York Post.

According to Berman, the Lakers are “open to discussions” about a potential three-team trade, and still have interest in Knicks wing Cam Reddish, who received scant playing time after being acquired from Atlanta in January. Charania previously reported that the Lakers are also interested in Jazz forward Bojan Bogdanovic.

Stefan Bondy of The New York Daily News reports (Twitter links) that Barrett’s extension is a straight four-year deal with no options and includes $107MM in guaranteed money. Barrett could earn as much as $120MM from incentives, but he’ll still be making an average of $26.75MM per season from 2023-27.

Donovan Mitchell Trade To Knicks Remains Possible

August 30th, 2022 at 9:11am CST by Arthur Hill

RJ Barrett‘s extension with the Knicks complicates a potential trade for Donovan Mitchell, but it doesn’t close the door entirely, writes Marc Berman of The New York Post.

Sources tell Berman that the Jazz are most interested in stockpiling unprotected first-round picks in return for Mitchell. Berman has reported that Utah wants four unprotected picks in the trade, while New York is only willing to part with two, along with three conditional selections.

A league source indicates that the market for Mitchell remains limited, telling Berman, “There’s no place for Donovan to go right now. The Knicks can still get him.”

Berman also hears that the Jazz would like to expand the trade to include the Lakers and hopefully pick up L.A.’s 2027 and 2029 first-rounders. Berman notes that the Lakers likely have interest in Cam Reddish, whom they pursued at the trade deadline and who saw limited playing time after coming to New York. Reddish is a client of Rich Paul at Klutch Sports, Berman points out, which means LeBron James and Anthony Davis would probably support bringing him to L.A.

There’s more on a potential Mitchell trade to New York:

If Barrett’s new contract takes him out of the equation, Utah could become more focused on landing Quentin Grimes, Berman adds in the same piece. The 22-year-old shooting guard established himself as a fixture in coach Tom Thibodeau’s rotation last season, but Berman notes that there would be little chance for him to become a starter in New York with Mitchell and Jalen Brunson on hand.
The Jazz were aware that the Knicks set a Monday night deadline for a Barrett extension, but they didn’t let it impact negotiations, according to Sarah Todd of The Deseret News. She has heard conflicting reports about whether Utah wants Barrett or would be content with a deal that doesn’t include him. Sources tell Todd that both teams are playing hardball right now in trade talks, but there’s still a chance to complete a deal before training camp.
The “poison pill provision” means a third team would have to be included to get Barrett to Utah, ESPN’s Bobby Marks says in a video breakdown of Barrett’s extension. He says a team with cap room, such as the Pacers or Spurs, would have to be willing to take Evan Fournier‘s contract, which is worth nearly $56MM over the next three years.

Knicks Agree To Extend RJ Barrett, Complicating Donovan Mitchell Talks

August 30th, 2022 at 4:51am CST by Luke Adams

The Knicks and forward RJ Barrett are finalizing a four-year rookie scale contract extension that could be worth up to $120MM, agent Bill Duffy tells Adrian Wojnarowski of ESPN.

The exact base value of Barrett’s new deal isn’t yet known, but Ian Begley of SNY.tv reports (via Twitter) that there are bonuses tied to All-Star, All-NBA, and All-Defensive selections. In other words, it sounds like the former No. 3 overall pick would have to play at a very high level to earn the full $120MM.

A former star at Duke, Barrett has steadily increased his scoring average in his three NBA seasons with the Knicks, registering a career-high 20.0 PPG in 70 games (34.5 MPG) in 2021/22. He also contributed 5.8 RPG and 3.0 APG while shooting .408/.342/.714 last season. Those shooting marks were a step down from his career bests in ’20/21 (.441/.401/.746).

According to Wojnarowski, the Barrett extension will complicate the Knicks’ discussions with the Jazz about a potential Donovan Mitchell trade. Sources tell ESPN that those talks intensified over the weekend as the two teams made some progress, but there was still a gap between what each side was willing to do.

Knicks president of basketball operations Leon Rose set a Monday night deadline to either agree to a deal for Mitchell or commit to an extension for Barrett, per Wojnarowski, who notes that the “poison pill provision” will now almost certainly ensure that the former Blue Devil won’t be part of a package for Mitchell.

As we outline in our glossary entry, a player who signs a rookie scale extension but remains on his rookie contract has different outgoing and incoming salary-matching figures, which is referred to as a “poison pill” — in Barrett’s case, the gap between his outgoing and incoming figures will exceed $15MM, according to Wojnarowski. That would make it extremely challenging for both the Knicks and Jazz to send out and take back a legal amount of salary if Barrett is part of a package for Mitchell.

As Wojnarowski explains, Barrett was a “staple” in several of the proposals for Mitchell that the Jazz and Knicks discussed, with Utah highly valuing the 22-year-old. While New York had apparently been willing to include Barrett, the two teams were still at an impasse over the possible inclusion of Quentin Grimes and the number of unprotected first-round picks in the package, per ESPN.

It remains possible that the Knicks and Jazz will agree to a deal that doesn’t include Barrett, but that would require the Knicks to give up “far more” draft assets than they’ve been willing to surrender thus far, sources tell Wojnarowski.

For now, the two teams are backing off those trade talks, but the Jazz aren’t engaged in serious discussions with any other suitors about Mitchell, so neither they nor the Knicks have ruled out the possibility of resuming their talks before training camps begin in four weeks.

As Wojnarowski notes, Barrett’s extension will end an ignominious streak for the Knicks, as he’ll become the team’s first first-round pick since Charlie Ward in 1999 to sign a multiyear contract extension following his rookie deal.

Barrett will also become the fifth player to finalize a rookie scale extension this offseason. While his deal won’t be worth as much as the maximum-salary extensions signed by Ja Morant, Zion Williamson, and Darius Garland, it will exceed Keldon Johnson‘s four-year, $74MM contract.

Assuming Barrett’s new extension doesn’t include any options, it will keep him under team control through the 2026/27 season.