New York Knicks Rumors | Hoops Rumors

Knicks Trade Nerlens Noel, Alec Burks To Pistons

July 11th, 2022 at 10:04am CST by Dana Gauruder

JULY 11: The Knicks and Pistons have officially completed their trade, the teams announced today in a pair of press releases.

As expected, the Pistons acquired Noel, Burks, cash, and the team’s own 2023 second-round pick. The second pick Detroit received will be either Minnesota’s or New York’s 2026 second-rounder, rather than the heavily protected Miami 2024 second-rounder described below.

The Knicks, meanwhile, received the draft rights to 2015 second-rounder Nikola Radicevic and a protected 2025 second-round pick. That pick will have top-55 protection, tweets Fred Katz of The Athletic.

JUNE 28: The Knicks are trading center Nerlens Noel and guard Alec Burks to the Pistons, ESPN’s Adrian Wojnarowski tweets.

The Knicks will unload more than $19MM in 2022/23 salary in the deal, providing ample cap space to sign free agent guard Jalen Brunson. Noel has a $9.24MM salary next season, while Burks is due approximately $10MM.

Both players are signed through the 2023/24 season, but there are team options in the final year of their respective contracts — Noel at $9.68MM and Burks at approximately $10.5MM. Thus, those salaries could come off the Pistons’ cap next summer.

New York will send Detroit back its 2023 second-round pick, plus the Heat’s 2024 second-round pick (top-55 protected) and $6MM in cash as sweeteners to take those contracts off its books, Wojnarowski reports in a separate tweet.

The Pistons can absorb those salaries without sending out any contracts, since they were projected to have more cap space than any other team. The Knicks, meanwhile, should have now the cap room necessary to sign Jalen Brunson in free agency.

The Knicks and Pistons were also involved in a three-way draft-night agreement that included the Hornets. In that trade, Detroit took Kemba Walker‘s contract off New York’s books and acquired the draft rights to Jalen Duren.

The Pistons plan on keeping Burks and Noel, according to Wojnarowski (Twitter link). Burks, a 38% career 3-point shooter, will give the Pistons a perimeter threat on the wing who can help mentor the young backcourt of Cade Cunningham and rookie Jaden Ivey. Noel provides depth in the middle behind Isaiah Stewart and Duren.

Despite the addition of Noel, the Pistons are still committed to bringing back restricted free agent Marvin Bagley III, Omari Sankofa of the Detroit Free Press tweets.

Trevor Keels Signs Two-Way Contract With Knicks

July 10th, 2022 at 6:36pm CST by Rory Maher

Trevor Keels, the 42nd pick of last month’s draft, has signed a two-way contract with the Knicks, the team announced (via Twitter).

The news was anticipated, as Ian Begley of SNY.tv reported last month that Keels was likely to receive a two-way contract once Jericho Sims was promoted to a standard deal, which occurred yesterday. New York’s two-way slots are now full, with Feron Hunt occupying the other.

Keels was one of the youngest players in the draft at just 18 years old and won’t turn 19 until late next month. He spent a single college season at Duke, averaging 11.5 points, 3.4 rebounds, 2.7 assists and 1.2 steals in 36 games (30.2 minutes per contest).

At 6’4″ and 221 pounds, Keels is a combo guard, with some scouts questioning his conditioning, which may have impacted his draft status. He was considered a fringe first-round pick but ultimately fell to the middle of the second round.

Another knock against Keels was his efficiency, as he posted a .419/.312/.670 shooting line with the Blue Devils. That has carried over to Summer League action thus far, with Keels shooting just 3-18 through a couple of games.

However, Keels is young, physically strong, and considered a versatile player on both ends of the court, with a knack for making good decisions. He was also a highly-touted prospect entering college and was the third-leading scorer on a stacked Duke team that reached the Final Four of the NCAA tournament.

If Keels remains on a two-way deal for all of 2022/23, he’ll earn about $509K, be limited to 50 games in the regular season and ineligible for the postseason. He will need to be promoted to a standard contract at some in order to be playoff-eligible.

Knicks Notes: Brunson, Keels, Grimes, Gibson

July 10th, 2022 at 8:50am CST by Arthur Hill

The Knicks are expected to add Jalen Brunson via cap space rather than trying to work out a sign-and-trade deal with the Mavericks, tweets Fred Katz of The Athletic. Brunson agreed to a four-year, $104MM contract with New York shortly after the start of free agency on June 30. But the signing hasn’t been made official yet as the Knicks review their options on the best way to add him to the roster.

Marc Stein confirms that a signing using cap room is the most likely option (Twitter link), and a source tells him that Monday is probably the soonest it will happen.

Brunson played an important role in helping Dallas reach the Western Conference finals, but Mavericks owner Mark Cuban tells Steve Popper of Newsday there are “no hard feelings” about his departure. Cuban said he never got a chance to make a final offer, but acknowledged that it may not have mattered given Brunson’s close ties to the Knicks organization.

“I wish him nothing but the best,” Cuban said. “You bust your [butt] and you have that choice. He deserves it. It happens. It’s the way this league works. It’s a business. You trade a player, you say it’s a business. You lose a player, it’s a business. It’s just the way it goes.”

There’s more on the Knicks:

Trevor Keels, who’s expected to fill a two-way slot in New York, admits having “chills” before his first Summer League game, per Zach Braziller of The New York Post. After sliding to No. 42 in last month’s draft, Keels is determined to prove that he should have been taken higher. “I didn’t think I was going to [get drafted] that low. But it is what it is,” he said. “Of course, I’m going to make sure all the teams pay that passed up on me. But I’m excited I’m a Knick. I wouldn’t change it for anything.”
Quentin Grimes had eight assists along with a team-high 24 points in the Summer League opener and has been working on becoming a better play-maker, writes Stefan Bondy of The New York Daily News. For the second straight year, Grimes spent part of the offseason working with University of Memphis coach Penny Hardaway. “He’s kind of like a big uncle to me,” Grimes said. “Just took me under his wing and helped me play the point guard position a lot better. Because that’s what I was in high school.”
After waiving Taj Gibson this week, the Knicks were hoping to bring him back on a veteran’s minimum contract, but he believed he had a better chance at playing time with the Wizards, tweets Ian Begley of SNY.tv.

Eastern Notes: Banchero, Portis, Wizards, Knicks

July 7th, 2022 at 8:15pm CST by Dana Gauruder

With the Las Vegas Summer League underway, top pick Paolo Banchero isn’t shying away from the spotlight, Tim Reynolds of The Associated Press writes. The Magic forward is eager to show the fans why Orlando considered him the draft’s top prospect.

“I love when big crowds are out, when all the cameras are out, that’s when I play my best,” he said. “So, I’m looking forward to it and it’s going to be fun.”

Orlando begins Summer League play tonight.

We have more from the Eastern Conference:

Bobby Portis has inked his four-year, $48.58MM contract with the Bucks but he’s not in a celebratory mood, Jim Owczarski of the Milwaukee Journal Sentinel writes. Portis says it just motivates him to keep working. “I’m glad that the Bucks chose to bring me back and we met at terms and this and that, but I’ll always feel like I’ve got something to prove,” he said. “Obviously I’m happy that I got a chance to build generational wealth for my family, but still a lot of work left to do and there’s not time or need to celebrate. I work hard, I work on my game.”
The Wizards still have some holes to fill at point guard and center, Chase Hughes of NBC Sports Washington notes. However, guards Kris Dunn and Pierria Henry and big man Jaime Echenique, who are Summer League team members, could force their way into the mix. There’s a good chance the roster they currently have is essentially the one they will go with when the season opens, Hughes adds.
There are a number of under-the-radar players on the Knicks’ Summer League roster who could catch someone’s attention, Zach Braziller of the New York Post writes. Braziller provides details on seven of those players, including guard Jean Montero and forward Feron Hunt.

Jericho Sims Signs Three-Year Deal With Knicks

July 7th, 2022 at 11:58am CST by Luke Adams

JULY 9, 9:03pm: The new deal with Sims is official, the Knicks announced (via Twitter).

JULY 7, 11:58am: Sims’ new three-year deal will be worth a little under $6MM, according to Katz (Twitter link). A three-year minimum contract would be worth $5.66MM, so if it’s above the minimum, it’s not by much.

Half the contract is currently guaranteed, Katz adds. There are trigger dates in 2023 and 2024 that would make years two and three fully guaranteed.

JULY 7, 11:39am: The Knicks will promote big man Jericho Sims to their standard roster, having agreed to terms with him on a new three-year contract, according to Shams Charania of The Athletic (Twitter link). Sims spent the 2021/22 season on a two-way deal.

The 58th overall pick in the 2021 draft, Sims played in 41 Knicks games as a rookie, averaging 2.2 PPG and 4.1 RPG in 13.5 minutes per contest. He moved into the team’s starting lineup for five games down the stretch, registering his first career double-double (10 points, 13 rebounds) during the last week of the season vs. Brooklyn.

While the Knicks are trading away Nerlens Noel, the team fortified its frontcourt by re-signing Mitchell Robinson and agreeing to a deal with Isaiah Hartenstein. Sims will provide additional depth up front.

Ian Begley of SNY.tv reported last month that the Knicks would likely negotiate a standard contract with Sims, clearing a path for second-rounder Trevor Keels to take the newly opened two-way slot. Fred Katz of The Athletic confirms (via Twitter) that Keels remains on track to get a two-way deal.

The exact terms of Sims’ new deal aren’t known, but it will likely be a minimum-salary contract or something close to it. The third year will be a team option, per Steve Popper of Newsday (Twitter link).

As Katz tweets, the Knicks will complete the signing using either some leftover cap room or part of their mid-level exception, depending on whether or not they end up turning their deal with Jalen Brunson into a sign-and-trade.

Knicks Still Have Sign-And-Trade Options With Jalen Brunson

July 6th, 2022 at 10:01pm CST by Arthur Hill

The trade sending Kemba Walker to the Pistons was finalized today, but the Knicks still have options if they want to turn their agreement with Jalen Brunson into a sign-and-trade, tweets Fred Katz of The Athletic. A separate deal that has Detroit acquiring Alec Burks and Nerlens Noel still hasn’t been made official and could be folded into a larger transaction. Katz adds that the Pistons needed to complete the Walker trade so that Jalen Duren will be eligible for Summer League.
Several teams would be interested in Taj Gibson if the Knicks waive him to create cap room to sign Brunson, according to Ian Begley of SNY.tv (Twitter link). Gibson’s contract for next season is non-guaranteed.

Knicks, Pistons Complete Jalen Duren, Kemba Walker Trade

July 6th, 2022 at 7:56pm CST by Luke Adams

The Knicks and Pistons have officially completed their part of the draft-night trade involving Kemba Walker and No. 13 overall pick Jalen Duren, according to a press release from the Knicks.

Although the deal was initially reported as a three-team trade involving New York, Detroit, and Charlotte, the Hornets and Knicks finalized their half of the swap on draft night — the Hornets acquired a protected 2023 first-round pick and four future second-rounders in exchange for the rights to Duren.

The trade finalized today sends Walker and the rights to Duren to the Pistons in exchange for the Bucks’ 2025 first-round pick (top-four protected), which Detroit officially acquired earlier today from Portland in its Jerami Grant deal.

The move is the first step toward ensuring that the Knicks have the cap room necessary to completed their signings of Jalen Brunson and Isaiah Hartenstein. Detroit and New York also agreed to a separate trade that will send Alec Burks and Nerlens Noel to the Pistons, creating additional space for the Knicks.

While Walker is on the Pistons’ roster for the time being, he’s expected to hit the waiver wire sometime soon. A report last Thursday indicated that the two sides were finalizing a buyout agreement.

New York Notes: Nets Assistants, Grimes, Hartenstein, Brunson

July 6th, 2022 at 3:27pm CST by Rory Maher

The Nets have added Igor Kokoškov, Adam Caporn and Trevor Hendry as assistant coaches on Steve Nash‘s staff, per a team press release.

Kokoškov has extensive NBA experience, having served as an assistant coach for 20 years with the Clippers, Pistons, Suns, Cavs, Magic, Jazz, Kings, and most recently with the Mavericks last season. He was the head coach of the Suns for one season, in 2018/19.

In addition to his NBA coaching jobs, Kokoškov has also led the Georgian, Slovenian and Serbian national teams. He was the head coach of Turkish club Fenerbahçe in ’20/21. Marc Stein reported last month that Kokoškov was expected to join Brooklyn.

Caporn was the head coach of Brooklyn’s G League affiliate, the Long Island Nets, last season. A native of Australia, Caporn played college ball at Saint Mary’s before joining the NBL for six seasons as a pro. He has extensive experience in player development and is currently an assistant with the Australian national team, helping the Boomers win a bronze medal at the Tokyo Olympics last summer.

Hendry has been the Nets’ head video coordinator for the past four seasons. He’s been with the organization since 2014, serving in a variety of roles in the basketball operations department prior to becoming video coordinator.

Here’s more from New York:

Knicks guard Quentin Grimes has a simple goal for Las Vegas Summer League, writes Zach Braziller of The New York Post. “Really come out here and dominate,” Grimes said after the team’s first practice at Cox Pavillion. “I feel like I played well last year. Just coming in this year being a second-year guy, I know what to expect, I know how the games are. Just go out there and try to dominate every time offensively and defensively.” The 25th pick of the 2021 draft, Grimes averaged 6 PPG and 2 RPG while shooting 38.1% from three-point range and playing solid defense in 46 games (17.1 MPG) as a rookie last season. Grimes dealt with a dislocated knee cap towards the end of last season, but he says he’s fully healthy now, per Braziller.
Fred Katz and Law Murray of The Athletic take a look at what the Knicks can expect from center Isaiah Hartenstein, who agreed to a two-year, $16.7MM deal with New York in free agency. A strong passer and play-maker, Hartenstein could unlock easy baskets for players like Grimes, Immanuel Quickley, Evan Fournier and RJ Barrett, according to Murray, who says Hartenstein was underutilized offensively by the Clippers last season. Although he isn’t the most athletic player, Murray notes that Hartenstein rotates well on defense and uses his length to effectively defend the paint. Hartenstein posted impressive per-36 averages of 1.5 steals and 2.3 blocks per game last season.
Signing Jalen Brunson is a make-or-break move for Leon Rose‘s tenure as president of basketball operations, argues Ian Begley of SNY.tv. Begley details Rose’s 2021 offseason moves, which were considered low-risk at the time, yet the Knicks were forced to package various draft assets to move off the salaries of Kemba Walker, Nerlens Noel and Alec Burks in order to create cap space to sign Brunson. Sources tell Begley that one rival team was willing to trade a second-rounder to acquire Burks, but the Knicks ended up giving away two second-round picks and $6MM to Detroit to move Burks and Noel. Rose’s CAA connections haven’t led to sustained success to this point, per Begley, and signing Brunson needs to work out considering all the assets the Knicks gave up.
Part of the reason Brunson decided to sign with the Knicks is because he thought he’d have a better chance at becoming an All-Star in the East than the West, Marc Stein writes in his latest article for Substack. As Stein relays, Brunson is the first player in league history to receive a nine-figure contract from a new club without making an All-Star team, per ESPN Stats & Info (Twitter link).

Atlantic Notes: Raptors, Durant, Brogdon, Melton, Knicks

July 5th, 2022 at 10:56pm CST by Rory Maher

The potential price tag for acquiring Kevin Durant isn’t what should matter most to the Raptors, argues Scott Stinson of The National Post, who says that determining whether Durant would actually be motivated and invested in playing for Toronto should be the most important factor for the team’s lead decision-makers.

As Stinson writes, Durant’s motivation in asking for a trade out of Brooklyn remains a bit nebulous, especially since he just signed a four-year extension last August. That should concern vice chairman and president of basketball operations Masai Ujiri, because dealing for a superstar who might not be engaged or on the same page as the club could be disastrous, according to Stinson.

Drawing parallels between Ujiri’s trade for Kawhi Leonard in the 2018 offseason to the Durant sweepstakes now doesn’t make sense, per Stinson, because the situations aren’t similar.

Leonard was coming off an injury that caused him to miss almost the entire 2017/18 season, was on an expiring contract, and the Raptors teams led by Kyle Lowry and DeMar DeRozan had been given ample time to breakthrough in the East, but couldn’t get past LeBron James. The Raptors finished second in the East in the two years after Leonard left Toronto, so obviously the team remained competitive and didn’t mortgage its future to acquire him, Stinson writes.

Durant, on the other hand, has four years remaining on his deal, so obviously it will cost significantly more to land him, plus the current version of the Raptors is ascendant, with Rookie of the Year Scottie Barnes, Gary Trent Jr., and Precious Achiuwa among the new additions who made significant contributions to a team that improved its win total from 27 to 48. Dealing away from an emerging core only for Durant to balk at the idea of staying could put Toronto in a hole that would be difficult to climb out of, says Stinson.

Here’s more from the Atlantic:

Could a lesser role on the Celtics benefit Malcolm Brogdon from a health perspective? “The knock against him coming out of college is that he had terrible knees,” a rival general manager told Steve Bulpett of Heavy.com. “I mean, some of the examinations were really suspect in terms of how long his lower body would be able to take NBA pounding. So that’s why he ended up going in the second round, because he was damn near red-flagged. So the fact of the matter is he’s probably better off coming off the bench with limited minutes, trying to be impactful in 18 rather than trying to play 30 and always being injured. The question becomes how he’ll accept that.” Boston reportedly views Brogdon as a sixth man, and he said shortly after the deal was announced that he’s motivated to win a championship and is willing to sacrifice his individual stats for the betterment of the team.
De’Anthony Melton believes he’s a “great fit” for the Sixers, writes Gina Mizell of The Philadelphia Inquirer (subscriber link). “Once I saw the team, I’m like, ‘OK, that’s a great spot,'” Melton told The Inquirer by phone last week. “That’s a great fit for me. … I understand what this team needs. I understand what this team is trying to do. I’m ready for the task at hand. I’m ready for whatever’s to come.” Melton was acquired from the Grizzlies in exchange for the No. 23 pick (David Roddy) and Danny Green in a draft-day swap.
Signing free agent guard Jalen Brunson was a solid move for the Knicks but they still look like a play-in team on paper, Ian O’Connor of The New York Post opines. According to O’Connor, while Brunson is a good player and the best point guard the Knicks will employ in years, neither he nor RJ Barrett or Julius Randle are capable of being the best — or second-best — players on a championship-caliber team, and unless something drastic changes, New York will begin 2022/23 as “just another barely relevant club.”

New York Notes: Irving, Durant, Harris, Grimes, Quickley, Toppin

July 4th, 2022 at 10:54pm CST by Dana Gauruder

The Nets have leverage in trade negotiations and intend to use it, which could drag out the process into training camp, Brian Lewis of the New York Post writes.

Kyrie Irving has opted in to the last year of his deal and Kevin Durant‘s four-year extension is just getting underway. So, they can take their time finding the right trade package. It’s also hard to imagine Durant holding out or refusing to play, as Ben Simmons did in Philadelphia, if the Nets don’t deal him.

We have more on the New York teams:

In the same piece, Lewis quotes a league source as saying the Nets are opposed to the idea of trading Joe Harris. Holding onto Harris could indicate a retooling on the fly, while trading the 3-point specialist would signal a major rebuild. “I know the Nets absolutely do not want to trade Joe under any scenario,” the source told Lewis. “But there are just thousands of different ways this can play out.”
Quentin Grimes, who is on the Knicks’ summer league squad, could be in the mix for a starting job when the regular season begins, according to Steve Popper of Newsday. The 2021 first-round pick showed some promise last season with his defense and 3-point shooting. A bout with COVID-19 and a dislocated patella marred his rookie season. Grimes could get a shot to start if the Knicks deal Evan Fournier.
The free agent additions of Jalen Brunson and Isaiah Hartenstein leave Immanuel Quickley and Obi Toppin as likely second-unit performers, Zach Braziller of the New York Post notes. The latter duo finished last season on a high note with expanded roles but they project as reserves next season.