New York Knicks Rumors | Hoops Rumors

Knicks, Hawks, Hornets Still Have Cap Room Available

November 21st, 2020 at 7:31am CST by Luke Adams

The Knicks, Hawks, and Hornets are the only teams that still project to have cap room available after the first day of free agency, tweets Keith Smith of RealGM.

Smith estimates that New York has about $29MM or so left to spend, with Atlanta around $25MM and Charlotte at about $19MM. Cap exceptions, minimum deals, and sign-and-trades will be the only way for other teams to add free agents, barring cost-cutting moves to get under the cap, Smith notes.

We may find out as early as today what each of those three Eastern lottery teams intends to do with its cap room.

The Knicks are reportedly in the running for free agent forward Gordon Hayward, but could turn their attention elsewhere if Hayward agrees to re-sign with the Celtics or reaches a sign-and-trade deal with the Pacers. Fred VanVleet, who is reportedly meeting with interested teams today, might be one option.

The Hawks are believed to have their sights set on Bogdan Bogdanovic and Rajon Rondo, with a report yesterday indicating that the team was confident it will be able to land at least two players from a group of free agents that included those two and Danilo Gallinari (who is finalizing a three-year deal with Atlanta).

Kevin O’Connor of The Ringer says Atlanta is considered the frontrunner to land Bogdanovic, but notes that the Lakers remain in pursuit. Getting something back from L.A. in a sign-and-trade may appeal more to the Kings – who still hold Bogdanovic’s RFA rights – than losing him for nothing if the Hawks use their cap room to sign him to an offer sheet they won’t match.

As for the Hornets, I expect they’ll use a chunk of their cap room to fortify their frontcourt. A report on Friday night indicated they made Montrezl Harrell a bigger offer than the two-year, $19MM deal he ultimately accepted from the Lakers.

Besides VanVleet, Hayward, and Bogdanovic, Kentavious Caldwell-Pope, Serge Ibaka, Jae Crowder, and Hassan Whiteside are among the best free agents still available from our top-50 list. Anthony Davis and Brandon Ingram also technically haven’t agreed to deals with their respective teams, but are considered virtual locks to re-sign with the Lakers and Pelicans.

Hayward Still Prefers Pacers, Knicks Remain In Hunt

November 20th, 2020 at 11:18pm CST by JD Shaw

Free agent forward Gordon Hayward prefers to land with the Pacers, but the Knicks have continued to express interest in his services as free agency progresses, according to Marc Stein of the New York Times (Twitter links).

New York has so far offered lower figures than Indiana, who shares a mutual interest with Hayward, according to Stein. However, ESPN’s Adrian Wojnarowski (hat-tip Keith Smith of Yahoo Sports) relayed that the Knicks are actually willing to offer more money — just fewer years on a deal.

In order for Hayward to receive an estimated four-year, $100MM deal from Indiana, a sign-and-trade must occur between the Celtics and Pacers. Boston has expressed interest in adding a center during free agency, and Indiana’s Myles Turner could be included in a potential deal between the teams.

Despite offering lower figures than Indiana, New York has shown a willingness to go beyond their initial two-year offer for Hayward, Stein reports. Hayward, who declined a $34.2MM player option with the Celtics to become an unrestricted free agent, is said to have a big admirer in Knicks coach Tom Thibodeau, Stein adds.

Several teams are discussing sign-and-trade scenarios on the former NBA All-Star, according to Wojnarowski, which means a resolution may not come until the weekend. Hayward could also re-sign with the Celtics on a brand new deal, Wojnarowski cautions. Hayward averaged 17.5 points, 6.7 rebounds and 4.1 assists per game last season, shooting 50% from the floor and 38% from deep.

Knicks Sign Alec Burks To One-Year Deal

November 20th, 2020 at 9:11pm CST by Dana Gauruder

NOVEMBER 22: The Knicks have officially signed Burks, the team announced today in a press release.

NOVEMBER 20: The Knicks have made their first free agent deal of 2020/21, having agreed to sign guard Alec Burks to a one-year, $6MM contract, agent Alex Saratsis tells ESPN’s Adrian Wojnarowski and Zach Lowe (Twitter link).

New York has approximately $37MM to spend in free agency if chooses to do so and Burks is the first reported agreement.

Signing Burks on a one-year contract helps to preserve New York’s cap room for next offseason. He played a combined 66 games last season for the Warriors and 76ers, averaging 15.0 PPG, 4.3 RPG and 2.9 APG in those contests. Burks is a career 36.4% 3-point shooter and should emerge as a rotation piece for the Knicks next season.

Burks has a history with Knicks assistant GM Walt Perrin, Ian Begley of SNY TV notes (Twitter link). Perrin was in Utah’s front office when the Jazz drafted Burks in 2011.

Free Agent Rumors: Harris, Crowder, Hayward, KCP, Cousins, Hartenstein

November 20th, 2020 at 6:06pm CST by Luke Adams

There are “strong indications” that the Nets will get a commitment soon from sharpshooter Joe Harris, despite the fact that he’s receiving considerable interest from other suitors, tweets Marc Stein of The New York Times.

As we wait to see if Harris and the Nets come to an agreement, here are a few more free agency rumors:

After agreeing to re-sign Goran Dragic and Meyers Leonard early in free agency, the Heat are “in the game” to bring back Jae Crowder as well, tweets Tim Reynolds of The Associated Press. Miami is remaining over the cap and prioritizing retaining its own free agents so far this offseason.
As rumors swirl that Gordon Hayward prefers to land with the Pacers, Marc Berman of The New York Post (Twitter link) hears that the free agent forward has little interest in joining the Hawks.
Teams that are monitoring Kentavious Caldwell-Pope in free agency expect the Knicks to have interest in the veteran wing, Ian Begley of SNY.tv writes.
DeMarcus Cousins is receiving some attention from teams early in free agency tonight, sources tell ESPN’s Adrian Wojnarowski (Twitter link). It’s not yet clear which teams may be in the hunt for the former All-Star.
Free agent big man Isaiah Hartenstein is receiving some interest from the Nuggets, a league source tells Kelly Iko of The Athletic (Twitter link). Denver just lost backup center Mason Plumlee and appears to be in the market for some frontcourt depth.

Latest On Gordon Hayward

November 20th, 2020 at 4:57pm CST by Dana Gauruder

4:57pm: Hayward has told the Celtics he wants to go to the Pacers, Gary Washburn of the Boston Globe tweets. The Pacers offered Myles Turner and Doug McDermott to Boston in a sign-and-trade scenario but the Celtics want Turner and either Warren or Victor Oladipo.

4:45pm: The Hornets are expected to pursue Gordon Hayward in free agency but will likely need to work out a sign-and-trade agreement with the Celtics to make it happen, Michael Scotto of HoopsHype reports.

Hayward declined his whopping $34.2MM option in order to become an unrestricted free agent. In 52 games last season, he averaged 17.5 PPG, 6.7 RPG, and 4.1 APG on .500/.383/.855 shooting but missed a good chunk of the playoffs with an ankle injury.

Charlotte has approximately $19.4MM in cap space, so it’s unlikely Hayward would sign a multi-year deal unless there’s a sign-and-trade scenario with Boston and perhaps a third team as a facilitator.

The Hornets could dangle the expiring contracts of Cody Zeller and Nicolas Batum as part of the package, Scotto notes.

Hayward has some history with the Hornets franchise. He signed an offer sheet with Charlotte in 2014 when he was a restricted free agent but the Jazz matched it.

The Pacers are also interested in Hayward via a sign-and-trade but are reluctant to part with T.J. Warren and Aaron Holiday, two players that Boston would have some interest in acquiring, according to Ian Begley of SNY TV. However, Hayward may try to force the Celtics’ hands. The former Butler University star is “fully focused” on returning to Indiana and playing for the Pacers, according to The Athletic’s Shams Charania (hat tip to RealGM).

The Knicks are also expected to be in the mix for Hayward after freeing nearly $40MM in cap space.

Some with the organization have interest in signing Hayward as a free agent. However, the Knicks are unlikely to offer Hayward a four-year deal, Begley adds.

Timberwolves Acquire Leandro Bolmaro From Knicks

November 20th, 2020 at 3:46pm CST by Dana Gauruder

NOVEMBER 20: The deal is official, according to the Timberwolves. Because Minnesota structured its draft-night trades slightly differently than expected, the trade technically sends Bolmaro’s rights to the Wolves in exchange for Quickley (No. 25), the Pistons’ 2023 second-round pick, and the draft rights to Mathias Lessort.

All of this offseason’s trades to date can be found right here.

NOVEMBER 18: The Knicks selected Argentinian guard Leandro Bolmaro with the No. 23 pick, which they previously acquired from the Jazz, but he’s not going to New York. The Timberwolves are acquiring Bolmaro for the No. 25 and No. 33 selections in the draft, Shams Charania of The Athletic tweets.

Bolmaro, 20, is a 6’7” combo guard who played for FC Barcelona last season, though he only averaged 11.6 MPG in 16 games.

The Knicks had originally acquired the 23rd pick from Utah for the No. 27 and 38 selections, so they essentially parlayed those original picks and moved up a few slots in both the first and second rounds. They used the No. 25 pick on Kentucky point guard Immanuel Quickley, the SEC Player of the Year.

With the Timberwolves selecting shooting guard Anthony Edwards with the first pick and acquiring veteran guard Ricky Rubio, they have reshaped their backcourt overnight. Bolmaro would appear to be a developmental selection or possibly a draft-and-stash prospect.

Knicks Notes: Bertans, Randle, Toppin, Point Guards

November 20th, 2020 at 1:44pm CST by Arthur Hill

Wizards sharpshooter Davis Bertans could be a free agent option for the Knicks if they can’t land Gordon Hayward, according to Marc Berman of The New York Post, who says Bertans is high on the club’s wish list. New York has a need for outside shooting and Bertans is one of the best in the league. He ranked third last season in three-pointers taken and made, while hitting them at a 42.4% clip.

Like Hayward, Bertans will carry an expensive price tag and there will be plenty of competition for his services. Washington will make keeping him a priority, and the Spurs would like to bring him back after trading him away to open cap space in an ill-fated attempt to sign Marcus Morris.

The Knicks are one of the few teams entering free agency with ample cap space, roughly $35MM after clearing out the roster Thursday and acquiring Ed Davis from Utah. Berman notes that a sign-and-trade with Washington could be possible, with New York throwing in a couple of the 2023 second-rounders it acquired this week.

There’s more Knicks news to pass along:

Julius Randle‘s future in New York could be shaky after the Knicks drafted his apparent replacement in Obi Toppin, states Mike Vorkunov of The Athletic. Randle averaged 19.5 points and 9.7 rebounds per game during his first season with the team, but shot a disappointing 46% from the floor and wasn’t able to become the focus of the offense. He will make $18.9MM this season, but only has a $4MM guarantee on his $19.8MM contract for 2021/22.
In addition to his overall skills, Toppin brings an electrifying athleticism that should make him a fan favorite at Madison Square Garden, notes David Waldstein of The New York Times. “I don’t rank his dunks,” said Dayton head coach Anthony Grant, “but he will definitely excite a crowd with his explosiveness, variety and showmanship. He’s fun to watch; must-see TV.”
For all the excitement about the Knicks’ draft, they still haven’t filled their most pressing need, which is finding a point guard, contends Mike Vaccaro of The New York Post. The decision to part with Elfrid Payton leaves Frank Ntilikina and Dennis Smith Jr. as the only point guards currently on the roster. Options include trading for Russell Westbrook or making a huge offer to free agent Fred VanVleet, but Vaccaro suggests the Knicks might wait for a long-term solution until next year’s draft when Cade Cunningham, Caleb Love and DJ Steward may all be available.

Free Agent Rumors: Beasley, Hernangomez, Green, Noel

November 20th, 2020 at 12:52pm CST by Luke Adams

Vincent Goodwill of Yahoo Sports reported on Thursday (via Twitter) that the Timberwolves have made RFA wing Malik Beasley available in sign-and-trade discussions, with the Knicks among several interested teams.

However, a pair of Minnesota-area reporters have disputed that the Wolves are looking to move Beasley. A source tells Chris Hine of The Star Tribune that Beasley isn’t on the trade block and Minnesota wants to re-sign him, while Jon Krawczynski of The Athletic (Twitter link) hears from a source that there have been “no conversations” about moving the 23-year-old.

As Darren Wolfson of 5 Eyewitness News points out (via Twitter), the Timberwolves’ front office is extremely active and aggressive, and it’s probably safe to assume Beasley isn’t entirely off limits. But it also doesn’t sound like Minnesota is actively shopping him either.

Here are a few more rumors on free agents in advance of the new league year:

The Timberwolves are planning to re-sign restricted free agent forward Juan Hernangomez, Hine writes for The Star Tribune. Even if a rival team makes an aggressive offer sheet for Hernangomez, Minnesota should have the means to match it.
Within a story on the Rockets‘ free agent options, Jonathan Feigen of The Houston Chronicle says the club is expected to try to bring back forward Jeff Green, who played well for the club down the stretch last season.
Sources tell Keith Pompey of The Philadelphia Inquirer that there’s a “real chance” of a potential reunion between the Sixers and free agent center Nerlens Noel. Noel spent the first two-and-a-half seasons of his NBA career in Philadelphia before being traded to Dallas in 2017.

Clippers Acquire Daniel Oturu

November 19th, 2020 at 10:10pm CST by Dana Gauruder

NOV 19: The trade sending Oturu’s draft rights to the Clippers is now official, the team announced in a press release. The Clippers actually acquired Oturu’s draft rights from the Timberwolves – rather than the Knicks – in exchange for Detroit’s 2023 second-round pick and the rights to 2017 second-rounder Mathias Lessort.

Minnesota will now flip Detroit’s 2023 second-rounder, along with Immanuel Quickley‘s draft rights, to the Knicks for the draft rights to Leandro Bolmaro. The eventual outcome will be the same, but the order of operations will be a little different than anticipated.

NOV 18: The Knicks selected University of Minnesota center Daniel Oturu with the No. 33 pick but will ship him to the Clippers for a 2023 second-rounder, ESPN’s Brian Windhorst tweets.

That future second-rounder will be a pick that the Pistons owe the Clippers, Windhorst adds another tweet.

After selecting Dayton forward Obi Toppin with their lottery pick at No. 8, New York have been bouncing up and down the first and second rounds.

The Knicks acquired the No. 23 overall selection from the Jazz for the No. 27 and 38 picks, then shipped that pick to the Timberwolves for the No. 25 and 33 picks. They used the No. 25 pick on Kentucky point guard Immanuel Quickley, the SEC Player of the Year.

Oturu averaged 20.1 PPG and 11.3 RPG in 33.9 MPG as a sophomore last season. He’ll give the Clippers another big body that new coach Tyronn Lue can try to mold into a rotation piece.

All-Star Brandon Ingram, Others Receive Qualifying Offers

November 19th, 2020 at 9:26pm CST by Alex Kirschenbaum

Pelicans All-Star forward Brandon Ingram has become a restricted free agent after New Orleans extended him his $9.48MM qualifying offer, Keith Smith of Yahoo Sports tweets.

The No. 2 pick by the Lakers in 2016, Ingram was one of the key players moved in the mega-blockbuster summer 2019 trade that sent Anthony Davis from the Pelicans to Los Angeles. He was voted the Most Improved Player and received his first All-Star berth during his inaugural season with the Pelicans in 2019/20. He is widely considered one of the best free agents among the 2020 class.

The Pelicans also issued a qualifying offer to two-way player Zylan Cheatham, Smith noted in a separate tweet. The 6’5″ forward out of San Diego State and Arizona State saw his first NBA action in three games for New Orleans during this past season.

Listed below are a few more updates on two-way players being issued qualifying offers across the NBA. These offers are one-year, two-way deals with a $50K guarantee. While these players are free to accept their QOs, most will probably seek a standard contract with their current team or an offer sheet with a new club, if possible.

Two-way Raptors small forward Oshae Brissett was tendered a qualifying offer, JD Shaw of Hoops Rumors tweets. The 6’7″ 21-year-old out of Syracuse appeared in 19 games for Toronto, and is now a two-way restricted free agent.
Timberwolves two-way players Kelan Martin and Jordan McLaughlin were both extended qualifying offers by Minnesota, making them two-way restricted free agents, per Keith Smith of Yahoo Sports (Twitter link). Martin, a 6’5″ small forward out of Butler, appeared in 31 games with the Timberwolves, averaging 6.4 PPG and 3.1 RPG. McLaughlin, a 5’11” point guard out of USC, averaged 7.6 PPG and 4.2 APG across 30 games for Minnesota. He also exhibited a solid three-point stroke, knocking down 38.2% of his 2.5 three-point attempts.
The Knicks have made two-way point guard Jared Harper a qualifying offer, making him a restricted free agent, per Keith Smith of Yahoo Sports (Twitter link).
6’5″ Jazz two-way forward Jarrell Brantley has been given a qualifying offer by the Jazz, effectively making him a restricted free agent, per Tony Jones of The Athletic (Twitter link). Brantley appeared in nine games for Utah.