New York Knicks Rumors | Hoops Rumors

Thunder Officially Confirm Three Trades

June 27th, 2024 at 7:49pm CST by Luke Adams

The Thunder have issued a press release confirming that three separate minor trades reported earlier in the day have been officially completed. The following trades were finalized, per the team:

The Thunder sent Lindy Waters to the Warriors in exchange for the draft rights to No. 52 pick Quinten Post (story).
The Thunder then sent Post’s rights and cash to the Trail Blazers in exchange for the draft rights to No. 40 pick Oso Ighodaro (story).
Finally, the Thunder sent the rights to Ighodaro and cash to the Knicks in exchange for the draft rights to No. 38 pick Ajay Mitchell (story). The Knicks received $500K in cash, per Fred Katz of The Athletic (Twitter link).

While the deals were completed as three separate transactions, the upshot is that the Thunder sent out Waters (to the Warriors) and cash (to both the Blazers and Knicks) in exchange for Mitchell, the No. 38 pick in today’s second round.

Post eventually landed with Golden State, while Ighodaro was sent to Phoenix.

[RELATED: 2024 NBA Offseason Trades]

A native of Belgium, Mitchell had an impressive junior season for UC Santa Barbara in 2023/24, averaging 20.0 points, 4.0 rebounds, 4.0 assists and 1.2 steals on .504/.393/.858 shooting in 29 games (31.5 minutes per contest).

Knicks Acquire No. 34 Pick Tyler Kolek From Blazers

June 27th, 2024 at 5:53pm CST by Dana Gauruder

5:53pm: The Blazers have issued a press release confirming the trade is official.

3:40pm: The Trail Blazers are trading the No. 34 pick in the draft for three future second-rounders, Jake Fischer of Yahoo Sports tweets. The Knicks used the pick to select Marquette point guard Tyler Kolek, Shams Charania of The Athletic and Stadium tweets.

The Trail Blazers will receive two second-rounders the Knicks acquired in previous trades — a 2027 from Minnesota, and a 2029 that will be the least favorable of Indiana’s or Washington’s pick. New York also included its own 2030 second-round pick, according to Fischer (Twitter link).

Kolek is one of most established floor leaders coming out of the college ranks and provides depth behind star point man Jalen Brunson. Kolek led the nation in assists per game this past season at 7.7. He’s led the Big East in assists per game for three straight seasons.

In his senior season, he averaged 15.3 points, 4.9 rebounds and 1.2 steals. He’s valued as a passer with excellent footwork and finishing ability. He also improved his 3-point shooting in his last two college seasons, averaging 39.8% and 38.8%.

According to The Ringer’s Kevin O’Connor, there was a “ton of noise” that the Knicks would use one of their late first-rounders on Kolek (Twitter link). As it turned out, he was still available early in the second round.

Knicks To Trade No. 38 Pick To Thunder

June 27th, 2024 at 3:57pm CST by Rory Maher

The Knicks are trading the No. 38 pick in the 2024 draft to the Thunder, reports ESPN’s Adrian Wojnarowski (via Twitter). Oklahoma City will be sending New York the No. 40 pick and cash, according to Shams Charania of The Athletic, who reports that the Thunder will select UC Santa Barbara guard Ajay Mitchell (Twitter links).

A native of Belgium, Mitchell had an impressive junior season for the Gauchos in 2023/24, averaging 20.0 points, 4.0 rebounds, 4.0 assists and 1.2 steals on .504/.393/.858 shooting in 29 games (31.5 minutes per contest).

According to Jake Fischer of Yahoo Sports, the Thunder previously agreed to acquire the No. 40 pick from the Trail Blazers in exchange for the No. 52 pick. OKC intially secured the 52nd pick in the deal that sent Lindy Waters to Golden State (Twitter links).

Portland will receive cash from Oklahoma City for moving down from No. 52 to No. 40.

And-Ones: France, Japan, FAs, Klutch, West, Wright

June 27th, 2024 at 3:10pm CST by Rory Maher

Ahead of the 2024 Olympics in Paris, host nation France has announced that two players from its preliminary 19-man roster have been cut (Twitter link): former NBA guard Killian Hayes, who is currently an unrestricted free agent, and Thunder forward Ousmane Dieng.

Neither Hayes nor Dieng have ever suited up for the senior national team, according to Eurohoops, but they did represent their home country at the youth level. The French national team will need to trim its roster down to 12 players from the current 17 before the Olympics begin at the end of July.

Japan recently announced its own 16-man preliminary roster ahead of the Olympics, per Eurohoops. Lakers forward Rui Hachimura headlines the group, which also features Yuta Watanabe. France, Japan, Germany and the winner of the Olympic qualifying tournament in Latvia will comprise Group C of the 12-team tournament.

Here’s more from around the basketball world:

John Hollinger of The Athletic ranks the top free agent small forwards and power forwards, respectively. Hollinger’s BORD$ formula rates LeBron James as the top overall free agent regardless of position, with Paul George the top small forward. Free agents can begin negotiating with other teams on June 30.
Klutch Sports Group and Rich Paul have been sued in federal court by longtime NBA agent Mark Termini, writes Mark Vorkunov of The Athletic. Termini, a former associate of Klutch, is suing for $4.9MM plus interest for an alleged breach of contract. Termini claims Klutch began paying him less than he was owed as the “lead negotiator” on several contracts from 2018-20. “This lawsuit is inaccurate and misguided,” a Klutch spokesperson said. “And will be addressed in the proper forum.”
Virginia prosecutors have dropped a pair of criminal charges — felony drug possession and violation of pretrial conditions — against former NBA guard Delonte West, reports Baxter Holmes of ESPN. The 40-year-old is still facing two other charges (resisting arrest and obstruction of justice) stemming from his arrest earlier this month, according to Holmes, who adds that West is due in court on July 11.
The Knicks will soon have four former Villanova Wildcats on their roster, but former Nova coach Jay Wright has no intention of becoming a coach with New York or any other NBA team, he told Zach Braziller of The New York Post.

Knicks Notes: Dadiet, Hartenstein, McBride, Brunson

June 27th, 2024 at 2:11pm CST by Rory Maher

The Knicks selected French wing Pacome Dadiet with the No. 25 pick in the 2024 draft. Still just 18 years old, Dadiet spent last season playing for Ratiopharm Ulm in Germany.

Given his age and New York’s financial situation — the team will be hard-capped at the $178.7MM first tax apron if the Mikal Bridges trade is finalized as currently constructed — it would make sense for the Knicks to try and stash Dadiet overseas for at least one season, delaying when he signs his rookie scale contract. However, Dadiet said he plans to play in the NBA next season, which may complicate matters (Twitter link via Fred Katz of The Athletic).

Assuming he signs for 120% of the rookie scale, which virtually every first-round draft pick does, Dadiet would project to earn $2,720,040 in 2024/25. That figure might sound relatively modest by NBA standards, but the Knicks are nearly at the first apron already with just eight players under contract.

Here’s more on the Knicks:

As Ian Begley of SNY.tv writes, the Knicks gained a little financial wiggle room by trading the No. 26 pick (Dillon Jones) to Oklahoma City for five future second-rounders. However, they’ll still need to add about $4.4MM in salary to the Bridges deal to avoid being hard-capped at the first apron — doing so would instead hard cap the Knicks at the second apron ($189.5MM). That would give New York the ability to offer Isaiah Hartenstein his Early Bird max of $72.5MM over four years. Still, Begley says Hartenstein is “unlikely” to return unless he’s willing to take a discount, since he has become the top free agent center available after Nic Claxton agreed to a four-year, $100MM deal with Brooklyn.
Sources tell Fred Katz of The Athletic that the Knicks have indeed been exploring ways to add salary to the Bridges deal to avoid the first apron hard cap. New York contemplated including Miles McBride, but the team has since “shied away” from that idea, according to Katz, who also hears the Knicks have become “pessimistic” about their chances of re-signing Hartenstein.
Speaking of McBride, the 23-year-old guard underwent surgery on his right pinky toe this week, the Knicks announced (via Twitter). McBride is expected to resume basketball activities later this offseason.
It would be far less lucrative than if he were to wait a year, but a league source tells Katz that Jalen Brunson is still considering signing an extension this offseason. Brunson will be eligible to sign a four-year extension worth approximately $157MM this summer. Waiting until 2025 would make him eligible for a deal worth up to a projected $270MM over five years.

Free Agent Rumors: KCP, Nuggets, DeRozan, Williams, Jones, Hartenstein

June 27th, 2024 at 8:21am CST by Luke Adams

Speaking to reporters on Wednesday, Nuggets general manager Calvin Booth made it clear that the team wants to retain potential free agent wing Kentavious Caldwell-Pope, but is prepared for the possibility of losing him. Caldwell-Pope has until Saturday to decide whether or not he’ll pick up his 2024/25 player option.

“I think we have to look at everything, and the nature of free agency is, he’s unrestricted,” Booth said, per Bennett Durando of The Denver Post. “So we can try to bring him back, and if he doesn’t want to come back or opts to go somewhere else, that’s his prerogative. So we’ll have to work with that. But I think we’re prepared to plug and play, so to speak.”

As Durando notes, Booth identified third-year swingman Christian Braun as the top candidate to replace Caldwell-Pope in the starting lineup if necessary, citing Braun’s net rating in various lineups as a positive indicator for his ability to take on a larger role.

“I think when you look at some of the teams that have been good in the past, they have to find a way to replace fourth, fifth starters, sixth men off the bench and still keep rolling,” Booth said. “… I think if (Braun) has to step into the starting lineup, I think we’ll be OK, if KCP doesn’t return.”

Booth added that the Nuggets have interest in re-signing veteran free agents DeAndre Jordan and Justin Holiday, per Vinny Benedetto of The Denver Gazette (Twitter link).

Here are a few more free agency rumors and notes from around the NBA:

There has been “growing buzz” that DeMar DeRozan won’t be back with the Bulls next season, whether he simply walks as a free agent or departs via sign-and-trade, writes K.C. Johnson of NBC Sports Chicago. Within his latest Substack article, Marc Stein relays that his podcast partner Chris Haynes said extension talks between the Bulls and DeRozan have “gone cold,” increasing the likelihood that the veteran forward reaches the open market.
On the other hand, “all signs” point to the Bulls re-signing free agent forward Patrick Williams, says Johnson. Chicago was the first team to officially tender a qualifying offer to a free agent this summer, issuing Williams a QO on Monday to ensure he’ll be a restricted free agent.
There have been “league-wide rumblings” that the Magic have interest in point guard Tyus Jones, Jake Fischer of Yahoo Sports writes within a breakdown of the draft’s first day. Jones will be an unrestricted free agent and is widely expected to command a salary above the mid-level; the Magic will have the cap room necessary to make him a competitive offer if they so choose.
Knicks center Isaiah Hartenstein is another potential target to watch for Orlando. With Hartenstein nearing unrestricted free agency, Stein writes at his Substack that the Magic and Thunder continue to be named most frequently by rival executives as potential suitors for the big man.

Thunder Acquire No. 26 Pick Dillon Jones From Knicks

June 27th, 2024 at 8:04am CST by Alex Kirschenbaum

JUNE 27: The trade is now official, the Knicks confirmed (via Twitter).

JUNE 26: The Thunder have agreed to acquire the No. 26 pick from the Knicks and are using it to draft Weber State’s Dillon Jones, according to reports from ESPN’s Adrian Wojnarowski and Shams Charania of The Athletic (Twitter links).

Oklahoma City will trade five second-round picks to New York in exchange for Jones’ rights at No. 26, per Charania (Twitter link). The five second-rounders are as follows, per Jake Fischer of Yahoo Sports (Twitter links):

Either the Celtics’ or Grizzlies’ 2025 second-round pick (whichever is more favorable).
The Warriors’ 2026 second-round pick.
The Timberwolves’ 2027 second-round pick.
Either the Thunder’s, Rockets’, Heat’s, or Pacers’ 2027 second-round pick (whichever is second-most favorable).
Either the Thunder’s, Rockets’, Heat’s, or Pacers’ 2027 second-round pick (whichever is third-most favorable).

Adding Jones at No. 26 is a surprise move from Thunder team president Sam Presti. As The Oklahoman’s Joel Lorenzi tweets, Jones – who was not invited to the green room – was ranked 50th on ESPN’s big board and 65th by The Athletic.

However, the three-time All-Big Sky honoree had a big senior season in his final year with the Wildcats in 2023/24, averaging 20.8 points, 9.8 boards, 5.2 dimes, and 2.0 steals per game across 31 starts (37.0 MPG), with a shooting line of .489/.324/.857.

The move will allow the Knicks to replenish their future draft assets to some extent after the Nets ransacked their stash in the Mikal Bridges trade. It should also save New York some money and create additional flexibility below the tax aprons, since the cap hold for the No. 26 would have been about $2.63MM. The Knicks could instead use that roster spot on a minimum-salary player.

Luke Adams contributed to this report.

Knicks Trade No. 24 Pick Kyshawn George To Wizards

June 27th, 2024 at 8:02am CST by Luke Adams

JUNE 27: The Knicks have officially confirmed (via Twitter) that their deal with the Wizards has been finalized.

JUNE 26: The Wizards have agreed to acquire the No. 24 overall pick from the Knicks and are using it to draft Miami guard Kyshawn George, reports ESPN’s Adrian Wojnarowski (Twitter links).

According to Shams Charania of The Athletic (Twitter link), Washington is giving up the 26th and 51th overall selections in exchange for George’s rights.

The Knicks had controlled both the No. 24 and No. 25 picks, so the Wizards presumably felt as if New York would use one of those selections to nab George, or that another team would move up ahead of them for the former Hurricane.

In his freshman season at Miami, George averaged 7.6 points, 3.0 rebounds, and 2.2 assists in 23.0 minutes per game, with a shooting line of .426/.408/.778. The Wizards will make the freshman wing their third draft pick of the night — he joins No. 2 pick Alexandre Sarr and No. 14 pick Carlton Carrington on the retooling squad, which is going all-in on player development and building through the draft.

The Knicks, meanwhile, essentially agreed to push their consecutive first-round picks by one spot – they now control the 25th and 26th picks instead of Nos. 24 and 25 – and acquired an extra second-round selection for their trouble.

They’ll reportedly flip that No. 26 pick to the Thunder in exchange for five future second-round picks.

Trade/Draft Rumors: Kuzma, Kings, Kispert, Durant, Raptors, More

June 27th, 2024 at 7:42am CST by Luke Adams

Exploring a potential deal for Wizards forward Kyle Kuzma on Wednesday, the Kings discussed a framework that would have sent their No. 13 overall pick to Washington as part of the package and moved Sacramento down to No. 26, according to Jake Fischer of Yahoo Sports. If that deal had happened, the Wizards would’ve had a third lottery pick to go along with No. 2 and No. 14, but no agreement was reached and Washington ultimately traded up from No. 26 to No. 24 instead.

Still, after agreeing to trade Deni Avdija to Portland on Wednesday, it seems safe to assume the Wizards will continue to listen to inquiries on their veteran players, including Kuzma, Fischer writes. Fischer has also heard that fourth-year Washington sharpshooter Corey Kispert is generating trade interest from rival teams (Twitter link).

Here are a few more trade and draft rumors as we prepare for day two of the 2024 draft:

Just in case more confirmation was required after various reports – and team owner Mat Ishbia – stated that the Suns have no plans to trade Kevin Durant, general manager James Jones reiterated that message on Wednesday night, tweets Duane Rankin of The Arizona Republic. “It’s the stuff that gets clicks and that everyone wants to talk about, but I think I said it specifically back on May 19th when I was asked are we trading Kevin Durant,” Jones said. “I said no then, I’ll say no now. I’ll continue to get asked.”
According to Sam Vecenie of The Athletic, the Raptors are expected to receive significant interest in the No. 31 pick ahead of the resumption of the draft on Thursday, with presumed first-round picks like Johnny Furphy, Kyle Filipowski, and Tyler Kolek still on the board (those are also the top three remaining prospects on ESPN’s best-available list). Vecenie has Furphy penciled in at No. 31 in his mock draft of the second round, writing that most league sources expected the Kansas wing to be drafted in the top 23.
Former G League Ignite big man Tyler Smith is viewed as another prospect who could entice a team to trade for an early second-round pick, Fischer reports.
Elsewhere in his second-round mock, Vecenie says Spanish point guard Juan Nunez has been connected to the Timberwolves by league sources throughout the pre-draft process, while San Francisco forward/center Jonathan Mogbo has been frequently linked to the Knicks. Minnesota and New York currently control the 37th and 38th picks, respectively, with New York also picking at No. 51.

Nuggets Acquire No. 22 Pick DaRon Holmes

June 26th, 2024 at 11:05pm CST by Alex Kirschenbaum

11:05pm: The trade is official, the Suns announced in a press release, confirming the terms outlined below. Phoenix used the No. 28 pick to select Virginia’s Ryan Dunn.

Speaking on Wednesday night to reporters, Nuggets general manager Calvin Booth said the team views Holmes as a four (rather than a five) going forward, adding that the team didn’t necessarily make a promise to draft him but certainly targeted him (Twitter links via Vinny Benedetto of The Denver Gazette and Bennett Durando of The Denver Post).

“Once we got into the 20s and there was a chance to get him, we wanted to go get our guy, essentially,” Booth said.

The Knicks (initially at 24 and 25) and the Timberwolves (at 27) were considered teams that might be eyeing Holmes, compelling Denver to move up, according to Harrison Wind of DNVR Sports and Durando (Twitter links).

9:28pm: The Nuggets and Suns have agreed to a trade that will allow Denver to move up from No. 28 to No. 22 to select Dayton forward DaRon Holmes, reports Shams Charania of The Athletic (Twitter links).

According to Charania, in addition to the 28th pick, Phoenix is receiving the No. 56 pick in this draft and two future second-round picks from Denver. Those future second-rounders are the Nuggets’ own picks in 2026 and 2031, per Jake Fischer of Yahoo Sports (Twitter link).

The 6’10” forward was a three-time All-A10 honoree and a consensus All-American selection during his tenure with Dayton. During his final collegiate season in 2023/24, he averaged 20.4 points on .544/.386/.713 shooting splits, plus 8.5 rebounds, 2.6 assists, 2.1 blocks and 0.9 steals per night.

Last week, ESPN’s Jonathan Givony indicated that teams had been operating as if Denver had promised to select Holmes in the draft. Some recent reports denied that any promise had been made, but it certainly appears now that the 2023 champions had their eye on Holmes.

With the deal, the Suns are able to replenish their war chest of second-round picks after having traded so many away in deals over the last few seasons. As Bobby Marks of ESPN notes (via Twitter), Phoenix has increased its tally of future second-round selections from just two to five, including the No. 56 pick this year.

The Nuggets, weighed down by a pricey starting five, are clearly looking to add win-now young role player talent to their bench. Last season, they lost sixth man extraordinaire Bruce Brown in free agency. This year, the team is at risk of losing starting shooting guard Kentavious Caldwell-Pope, who has a $15.4MM player option for the 2024/25 season and could likely fetch a raise in free agency.

Luke Adams contributed to this report.