New York Knicks Rumors | Hoops Rumors

Knicks Sign Chuma Okeke

August 1st, 2024 at 6:16pm CST by Rory Maher

6:16pm: The Knicks have officially announced (via Twitter) the signing of Okeke to an Exhibit 10 deal.

12:04pm: The Knicks plan to sign free agent forward Chuma Okeke, sources tell Michael Scotto of HoopsHype (Twitter link).

Okeke, who played a couple of college seasons at Auburn, was the 16th overall pick of the 2019 draft. He has spent the past five years with the Magic, holding career averages of 6.3 points, 3.7 rebounds and 1.5 assists in 189 regular season games, including 55 starts (20.3 minutes per contest). He posted a .383/.318/.789 shooting line over that span.

Okeke had an unusual start to his professional career, as he didn’t sign his rookie scale contract until 2020, a year after he was drafted, due to a torn ACL. That meant he hit free agency a year later than his 2019 first-round draft classmates as well. He became an unrestricted free agent when Orlando chose not to give him a $7.4MM qualifying offer.

Known primarily for his excellent work on the defensive end, Okeke has unfortunately battled injuries since he turned pro, playing between 27 and 47 games in three of his four active seasons. He was not a rotation regular in 2023/24 for Orlando, averaging a career-low 9.2 minutes per contest.

While the terms of the contract were not disclosed, it seems likely be a one-year, minimum-salary deal, perhaps with a partial guarantee. The Knicks currently have 14 players on standard contracts, so Okeke could be battling for a potential 15th spot in training camp, assuming the team decides to carry a full roster.

Knicks Notes: Randle, Sims, Bryant, Okeke

August 1st, 2024 at 2:13pm CST by Rory Maher

Knicks All-Star forward Julius Randle becomes eligible on Saturday for an extension that could be worth up to $181.5MM over four years (if he declines his $30.9MM player option for 2025/26). According to Fred Katz of The Athletic, Randle will likely need to take a discount if he’s interested in long-term security.

As Katz details, New York doesn’t want to waste the financial flexibility gained by Jalen Brunson‘s recent extension. That means offering Randle a starting salary of $40.5MM in ’25/26 on a new extension probably isn’t feasible. However, if Randle picks up his ’25/26 option and then extends off that figure for ’26/27, the Knicks would be in great shape from a cap perspective going forward.

Randle could be incentivized to agree to that deal structure because not many teams project to have cap room in 2025 when he could hit free agency, Katz writes. And nearly all of those clubs are rebuilding, making signing a player who would turn 31 before the ’25/26 season begins an odd fit.

Even if an agreement isn’t reached and Randle decides to test free agency next year, Katz says the Knicks have no interest in trading the former Kentucky standout, especially if it would make them worse, since they’re trying to win a championship as soon as possible. Perhaps that could change if Randle becomes unhappy with extension talks, but there’s nothing to suggest that will happen and the Knicks value what he brings to the table and would prefer to keep him, per Katz.

Here’s more on the Knicks:

Backup center Jericho Sims has been fully healthy this summer for the first time in the past few offseasons, writes Stefan Bondy of The New York Post. According to Bondy’s source, Sims had previously undisclosed thumb surgery two summers ago, followed by shoulder surgery last offseason. Sims, whose minimum-salary deal becomes fully guaranteed on August 16, has been working to sharpen and expand his offensive game the past few months, Bondy adds.
According to Bondy, the Knicks plan to spend part of their training camp this fall at The Citadel in Charleston, South Carolina. The team also spent about a week training in the same location last year, Bondy notes.
In a subscriber-only story for The Post, Bondy spoke to former NBA head coach P.J. Carlesimo to get a better idea of what new assistant coach Mark Bryant will bring to the Knicks. Carlesimo coached the former longtime NBA player when he was in college at Seton Hall.
Chuma Okeke‘s new contract with the Knicks features Exhibit 10 language, Bondy reports (via Twitter). That means Okeke’s deal covers one year for the veteran’s minimum and is fully non-guaranteed. If he’s released before the season begins, Okeke would be eligible for a bonus worth up to $77.5K if agrees to join the Knicks’ NBA G League affiliate in Westchester for at least 60 days.

Eastern Notes: Randle, Pistons, Raptors’ Camp, Ware

July 31st, 2024 at 5:40pm CST by Dana Gauruder

The Knicks re-signed Precious Achiuwa to a one-year deal on Tuesday. The next order of business for the front office could be a contract extension for Julius Randle, but neither side is in a rush to get it done, according to Ian Begley of SNY TV (Twitter video link).

“I don’t believe it’s at the forefront for either party, so it would take a major shift in thinking on both sides to get an extension done,” Begley said.

Randle becomes extension-eligible on Saturday. The veteran forward, who is coming off shoulder surgery, will be eligible for an extension of up to four years and $181.5MM. Randle has two years left on his current contract, which includes a $30.9MM option for the 2025/26 season.

We have more from the Eastern Conference:

The Pistons’ offense should improve significantly during the upcoming season with the additions of Tobias Harris, Tim Hardaway Jr. and Malik Beasley. However, they won’t make any real progress unless they show dramatic improvement defensively, James Edwards III of The Athletic writes. New coach J.B. Bickerstaff asserted that defensive development will be a high priority. “Most of the time, people only care about the offensive development, right? They spend all their time working on step-back shots, between-the-legs and all that, but they don’t spend any time working on rotations or being in the proper spots. That is something we’re going to really, really handle,” he said recently.
The Raptors will hold their first week of training camp in Montreal, according to a team press release. It’s the first time in franchise history they’ve trained in the city. They’ll wrap up their week in Montreal with a preseason opener against the Wizards on Oct. 6.
The knocks against Kel’el Ware entering the draft were related to his effort and focus, the Miami Herald’s Anthony Chiang notes. Those supposed negatives certainly weren’t evident during the Heat‘s Las Vegas Summer League title run as Ware, a mid-first round pick, was named to the First Team while averaging 18.0 points, 8.3 rebounds, 1.0 assist, 1.0 steal, and 1.5 blocks per game. What did Ware learn from his college experiences? “That there’s always more in the tank,” he said. “That I can always push past it and to always give more because it’s never really where my skill set stops at. There’s always more that I can improve and more that I can put on the floor to be able to perform better.”

Knicks Re-Sign Precious Achiuwa On One-Year Contract

July 30th, 2024 at 4:46pm CST by Dana Gauruder

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).

Coaches, Scouts, Execs Weigh In On NBA Offseason Moves

July 29th, 2024 at 3:05pm CST by Rory Maher

While there are still some noteworthy free agents who have yet to find new teams, we’re currently in a relatively slow period for NBA transactions, as most teams have a pretty good idea of what their rosters will look like ahead of the 2024/25 season.

With that in mind, Tim Bontemps of ESPN (subscription required) recently spoke to 18 NBA coaches, scouts and executives to solicit their (anonymous) opinions on the biggest moves made so far in the 2024 offseason.

Here are some highlights from Bontemps’ survey, which is worth reading in full for those who subscribe to ESPN+:

Which team had the best offseason?

Sixers (8 votes), Knicks (5), Thunder (3), Celtics.

“They took themselves to the next level,” an East executive said of the 76ers. “We’ll see if it’s good enough, but you went from Point A to Point B.”

Which team had the worst offseason?

Nuggets (6 votes), Bulls (5), Clippers (4), Lakers (1), Knicks (1), Pistons (1).

As Bontemps writes, Denver (Kentavious Caldwell-Pope), Chicago (Alex Caruso, DeMar DeRozan) and the Clippers (Paul George) received the majority of the votes for losing key players in free agency and/or trades.

Interestingly, while Philadelphia signing George to a four-year, maximum-salary contract received the most votes (six) for the best offseason move, it also tied for the most votes (three) for worst move. A total of 10 different answers were given for worst move, including the Bulls and Kings receiving three votes apiece for their parts in the DeRozan sign-and-trade.

As for the most surprising move, the Knicks’ blockbuster trade with the Nets for Mikal Bridges received the most votes (five) in Bontemps’ survey, followed by George leaving Los Angeles (three) and the swap of Caruso for Josh Giddey (two). Eight other moves each received one vote.

Bontemps also asked questions about the top offseason trend, the effectiveness of the new CBA, and whether there will be an increase in tanking ahead of the 2025 draft.

Knicks Notes: Odds, Jokubaitis, Backup Center

July 28th, 2024 at 1:51pm CST by Alex Kirschenbaum

Oddsmakers have given the Knicks their highest projected win total since the 1993/94 preseason, according to Dylan Svoboda of The New York Post. According to FanDuel Sportsbook, New York’s projected over/under line is set at 53.5 victories. In ’93/94, they were projected to win 56 games. They racked up 57 victories and advanced all the way to the Finals.

Only once in the 21st century have the Knicks previously been projected to win 50 or more games in a season, in 2012/13. They won 54 contests that year and fell in the second round of the postseason.

Last year’s Knicks surpassed preseason expectations, thanks in large part to an All-NBA Second Team turn from point guard Jalen Brunson and a third All-Star season from power forward Julius Randle, plus a utilitarian, switchable rotation around that dynamic duo.

Among preseason over/unders, New York trails only the reigning champion Celtics, whose line is listed at 58.5, wins and the Thunder, who are at 56.5 wins. Boston and Oklahoma City were the top seeds in their respective conferences last season.

There’s more out of New York:

Draft-and-stash prospect Rokas Jokubaitis played in the Las Vegas Summer League for New York this month for the second time since being drafted by the team in 2021. When it became apparent that there was no roster space available for him, the 6’4″ guard inked a three-season deal with Maccabi Tel Aviv, a deal which includes an NBA out every year until August 1, per Stefan Bondy of The New York Post (subscriber link).
With former Knicks center Isaiah Hartenstein departing for the Thunder this summer, Mitchell Robinson projects to return to the starting lineup for New York, which doesn’t have an obvious No. 2 option at the five. According to Fred Katz of The Athletic, the team doesn’t necessarily need to address that issue by finding a permanent solution this offseason. Re-signing free agent big man Precious Achiuwa, who can play small-ball center, could be a short-term fix and the Knicks could revisit the trade market during the season, Katz writes.
In case you missed it, former Pistons assistant coach Mark Bryant is joining head coach Tom Thibodeau‘s staff.

Four NBA Restricted Free Agents Still Available

July 27th, 2024 at 4:04pm CST by Luke Adams

Nearly four weeks into the NBA’s 2024/25 league year, there are only four restricted free agents who have yet to reach agreements on new deals, including just one who is coming off a standard contract.

Here are the unsigned RFAs:

Isaac Okoro, Cavaliers ($11,828,974 qualifying offer)
Emoni Bates, Cavaliers (two-way qualifying offer)
Jacob Toppin, Knicks (two-way qualifying offer)
Oscar Tshiebwe, Pacers (two-way qualifying offer)

There are still a couple teams with cap room available, so one of those teams – the Pistons and Jazz – could make life difficult for the Cavaliers by giving Okoro an offer sheet in that $12-15MM range, but there has been no indication either club plans to do so. A sign-and-trade to an over-the-cap team is another possibility, and Fedor confirmed in a subscriber-only story for Cleveland.com that the Cavs have had talks with some possible trade partners about a deal, but it doesn’t sound like any real progress has been made on that front.

Barring a late-summer push from a new suitor, Okoro may ultimately have to decide whether he wants to earn a higher salary in 2024/25 and bet on himself again as an unrestricted free agent in 2025 or if he prefers the security of a multiyear deal that would pay him less in year one.

Okoro’s leverage is limited, but even his “worst-case” scenario would be a guaranteed $11.8MM salary for next season. Bates, Toppin, and Tshiebwe have far less leverage and a far less appealing set of choices.

Of the 15 players who received two-way qualifying offers this offseason, only one (Vit Krejci of the Hawks) has agreed to a standard contract. Two others had their QOs withdrawn, while nine have returned to their respective teams on new two-way deals. The odds are good that the final three – Bates, Toppin, and Tshiebwe – will eventually have to accept two-way contracts too.

The deadline for teams to unilaterally withdraw a qualifying offer to a restricted free agent passed on July 13, so Bates, Toppin, and Tshiebwe aren’t facing any sort of short-term deadline on whether or not to accept their two-way offers. They can afford to wait a little longer to make their decisions.

Still, even if they accept their respective qualifying offers, those one-year deals come with few assurances. A two-way player can earn a $578,577 salary over the course of the 2024/25 season, but a qualifying offer is only partially guaranteed for $77,500.

The Cavaliers currently have three open two-way slots, while the Knicks have two, so I think Bates and Toppin would be well-positioned to stick around into the regular season if they accept their QOs.

Tshiebwe’s outlook is less clear. Within the last 24 hours, the Pacers filled two of their three two-way openings by signing Quenton Jackson and Tristen Newton. Tshiebwe could take the third slot, but Indiana still has an unsigned second-round pick (Enrique Freeman) who may be the frontrunner for that final two-way, as Dustin Dopirak writes for The Indianapolis Star.

Tshiebwe was an All-NBA G League first-teamer and the G League Rookie of the Year this past season, so I expect he’d draw two-way interest from other teams if the Pacers determine they don’t have room for him.

Atlantic Notes: Tatum, Brown, Celtics, Mogbo, Raptors, Thibs

July 25th, 2024 at 10:31pm CST by Luke Adams

Speaking to Chris Mannix of SI.com about his relationship with longtime teammate Jaylen Brown, Celtics forward Jayson Tatum said he never wanted Brown traded, but admitted that he could have expressed that sentiment more vocally earlier in his career as trade rumors swirled around the 2016 lottery pick.

“I’ve always told him that maybe I could have done a better job of voicing my feelings in the public eye,” Tatum said. “He always knew that I wanted him here. I would always tell him like, ‘Man, I don’t get involved with any of those talks.’

“I never went to (Celtics president of basketball operations) Brad (Stevens) or went to any player like, ‘Yo, I want this guy in, I want this guy out of here.’ I show up and I want to do my job and play basketball. And looking back on in those moments, I didn’t know how that could affect somebody, because I was never in that situation. I feel like maybe I could have done a better job of publicly saying, ‘No, we don’t want anybody, we want JB.’ I just was always like, ‘I want to stay out of it.'”

The Celtics made it to the Eastern Conference Finals or NBA Finals in five of Brown’s first seven seasons, but were unable to break through and win a championship until 2024. Now that they have that title under their belt, Tatum is relieved that he and Brown should no longer have to face questions about whether it can thrive together and win at the highest level.

“We’ve figured out that we need each other,” Tatum told Mannix. “We have learned how to coexist. And we know we need to be the best version of ourselves in order for all of this to work. We weren’t necessarily the best play-makers early in our careers but we developed into guys that really bleed the game. We want to be a great example of guys that play on both ends as a floor and guys who are the best teammates that we can be.”

Here’s more from around the Atlantic:

After locking up most of their rotation players to multiyear deals, the Celtics project to have the NBA’s first ever $500MM roster in 2025/26, as Tim Bontemps of ESPN writes. That $500MM+ figure, which includes both player salaries and luxury tax penalties, will loom large over the organization as the team looks to defend its title and the ownership group looks to sell a controlling stake in the franchise.
Josh Lewenberg of TSN.ca takes a closer look at the unconventional path that Raptors rookie Jonathan Mogbo – the No. 31 pick in this year’s draft – took to the NBA and details how the 6’7″ forward boosted his stock significantly during the pre-draft process. According to Lewenberg, entering the second day of the draft, the Raptors did some extra homework on the projected first-round picks who were still available after day one – such as Kyle Filipowski and Johnny Furphy – but ultimately decided they preferred Mogbo, whom they’d ranked in the early 20s. Eventual No. 41 pick Adem Bona was also high on Toronto’s board and received some consideration at the start of the second round, Lewenberg adds.
Tom Thibodeau‘s new three-year extension with the Knicks doesn’t include any option years, according to Ian Begley of SNY.tv. While Begley doesn’t have the full salary details on Thibodeau’s new deal, he says it’s is “in line with the current market for head coaches” (Twitter link).

International Notes: Vezenkov, Anderson, Gillespie, Brazdeikis, Jokubaitis, Moneke

July 25th, 2024 at 9:37am CST by Dana Gauruder

Sasha Vezenkov is thrilled to be back in Europe, Johnny Askounis of Eurohoops.net writes. He signed a five-year contract with Olympiacos after getting waived by the Raptors.

“The goal is to reach the top. With a few words and a lot of work. I am happy to be back with all of you, to rejoin my old teammates and the new players,” Vezenkov said in a press conference.

The Greek team is equally as excited to have Vezenkov back in the fold. “Vezenkov is the best player in Europe. He went to the NBA as the best player in Europe. He has won and will continue winning championships with Olympiacos for the next five years,” team co-owner Panagiotis Angelopoulos said.

Vezenkov was so eager to return that he reportedly gave up his entire $6,658,536 NBA salary for 2024/25 in a buyout agreement with Toronto. According to Aris Barkas of Eurohoops, the forward’s new deal with Olympiacos is worth 18.5 million Euros across five years, post-taxes.

We have more international news:

Former NBA wing Justin Anderson has joined FC Barcelona on a one-year deal, Sportando relays. Anderson played last season for Valencia Basket. Anderson appeared in 242 NBA games after being a 2015 first-round pick, most recently with Cleveland and Indiana during the 2021/22 season.
Freddie Gillespie has signed a one-year deal with the New Zealand Breakers, ESPN’s Olgun Uluc tweets. The American forward last played for KK Crvena Zvesda. He appeared in 29 games for Toronto and Orlando from 2020-22.
Forward Ignas Brazdeikis is returning to Zalgiris Kaunas, according to a press release. The University of Michigan product appeared in 64 NBA games, mostly with Orlando, from 2019-22.
Rokas Jokubaitis has officially signed his three-year contract with Maccabi Tel Aviv, according to a team press release. His former team, Barcelona, announced this week that it has officially parted ways with him. Jokubaitis played for the Knicks during the Summer League and his NBA rights continue to be held by New York.
After a report surfaced this week claiming that he had agreed to sign with Partisan Belgrade, former NBA big man Chima Moneke declared on his social media account (Twitter link) that he is committed to playing for Baskonia next season. “I genuinely don’t know who is making up all these rumors but they’re getting tiring. I’m a Baskonia player and I’m really excited for this season,” he wrote. Moneke appeared in two games with Sacramento in 2022/23.

Mark Bryant Joining Knicks’ Coaching Staff

July 24th, 2024 at 6:33pm CST by Arthur Hill

Mark Bryant will join the Knicks as an assistant coach, according to Ian Begley of SNY (Twitter link). The longtime NBA center is considered to be one of the NBA’s best coaches for big men, Begley adds.

Bryant, 59, spent last season as a member of Monty Williams’ staff in Detroit. He has also worked for Dallas, Orlando, Seattle/Oklahoma City and Phoenix since becoming a coach in 2004.

Starting center Mitchell Robinson, who was limited to 31 games last season due to injuries, should be among the biggest beneficiaries of having Bryant on the coaching staff. The Knicks are still exploring their options at backup center after losing Isaiah Hartenstein to the Thunder in free agency.

New York already has Othella Harrington serving as a big man coach, so it’s not clear how he and Bryant will split those duties, writes Brian Lewis of The New York Post. Lewis points out that Bryant worked in Oklahoma City with Maurice Cheeks, who joined the Knicks’ coaching staff last month, and he helped to develop newly acquired Mikal Bridges in Phoenix.

Bryant was known as one of the strongest men in the NBA, even after his playing days were over, tweets Fred Katz of The Athletic, who relays a story of Bryant’s battles in practice with former Thunder center Steven Adams.

The move is a homecoming for Bryant, who grew up in New Jersey and played at Seton Hall before beginning his NBA career. He was selected by Portland with the 21st pick in the 1988 draft and played for 10 teams in 15 seasons.