New York Knicks Rumors | Hoops Rumors

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.

Mitchell Robinson, Ben McLemore Receive Salary Guarantees

November 19th, 2020 at 7:57pm CST by Alex Kirschenbaum

In moves that were little more than formalities, two more players have had their contracts fully guaranteed ahead of the 2020/21 season.

Keith Smith of Yahoo Sports tweets that Knicks center Mitchell Robinson has had his third-year, $1,663,861 contract guaranteed. Meanwhile, Jonathan Feigen of the Houston Chronicle reports that Rockets shooting guard Ben McLemore has seen his $2,283,034 contract guaranteed after a solid 2019/20 performance in Houston.

Since being drafted with the 36th pick in 2018, the springy 7′ Robinson has quickly become a core piece for a rebuilding Knicks club. Robinson posted averages of 9.7 PPG and 7.0 RPG over 61 games for New York during his sophomore pro season, while connecting on a stellar 74.2% of his field goals.

The 27-year-old McLemore enjoyed a terrific year in Houston over the 2019/20 season, proving his mettle as a reliable 3-and-D role player for a competitive playoff club. McLemore averaged 10.1 PPG and 2.2 RPG for the Rockets. He also posted a solid shooting line of .444/.400/.746. Over 71 games for the club, he averaged 22.8 minutes a night.

Gordon Hayward Opts Out, Will Become Free Agent

November 19th, 2020 at 3:56pm CST by Luke Adams

Celtics forward Gordon Hayward has turned down the $34.2MM player option on his contract for 2020/21 and will become an unrestricted free agent, per Shams Charania of The Athletic (Twitter link).

While Hayward won’t be able to match the $34.2MM salary he would have earned if he has simply opted in, his decision signals that he’s confident he’ll be able to secure a multiyear deal that features a far larger overall guarantee. Al Horford took this path with the Celtics a year ago, turning down a $30MM option to sign a four-year contract that guaranteed him $97MM.

While Horford left Boston, there’s no guarantee that Hayward will do so. The Celtics hold his Bird rights and still have the ability to sign him to a new long-term contract. However, it sounds like they’ll face plenty of competition for his services. The Hawks and Knicks – the two clubs with the most cap room in the NBA – have both been linked to the veteran forward.

A sign-and-trade is also a possibility, so teams over the cap could be in play for Hayward as well. As Marc Stein of The New York Times tweets, the Pacers – who have been frequently linked to the Indiana native – have explored potentially trading for him.

Hayward, 30, still didn’t quite look like his old All-Star self in 2019/20, but he was a lot closer than in his first two seasons in Boston. In 52 games this year, he averaged 17.5 PPG, 6.7 RPG, and 4.1 APG on .500/.383/.855 shooting. His size and play-making ability will make him a popular target in free agency.

Knicks Eyeing Gordon Hayward

November 19th, 2020 at 3:11pm CST by Luke Adams

The Knicks have been aggressive in their pursuit of Celtics forward Gordon Hayward this week, sources tell Marc Stein of The New York Times (Twitter link).

Hayward’s decision on his $34.2MM player option for 2020/21 is due this afternoon, and Stein suggests there’s a “growing belief” around the league that the veteran could turn down that option. If he does, New York may emerge as his most logical landing spot, given that the team is projected to have upwards of $40MM in cap room after its series of roster moves today.

However, Ian Begley of SNY.tv throws some cold water on the idea of Hayward making the move to New York. According to Begley (via Twitter), some people in the Knicks’ front office have had interest in acquiring Hayward, but it’s considered less likely now that the team has used its picks in the 2020 draft.

The Hawks, another team that will have significant cap room this weekend, have also been identified as a potential suitor for Hayward. We should find out soon whether he has decided to opt into the final year of his contract with the Celtics or if he’ll hit the open market tomorrow.

Free Agency Notes: Heat, Gibson, Beasley, Millsap

November 19th, 2020 at 2:53pm CST by Luke Adams

Heat president Pat Riley provided a major hint on his free agency plans during his post-draft availability on Wednesday night, according to Tim Reynolds of The Associated Press, who tweets that Riley said he hopes to “run this thing back.”

The Heat can essentially go one of two directions this weekend. One direction is renouncing most of their own free agents and opening up cap room to pursue outside FAs. The other is remaining over the cap and making an effort to bring back several of their own free agents, starting with Jae Crowder and Goran Dragic. It sounds like Riley is prepared to take the latter path.

Here’s more on free agency:

Although the Knicks waived Taj Gibson and turned down Bobby Portis‘ option, Ian Begley of SNY.tv (Twitter link) hears that the team still has some mutual interest with both players, who could return on more modest salaries. Darren Wolfson of 5 Eyewitness News suggests (via Twitter) that the Suns, Clippers, and Warriors are among the other clubs to watch for Gibson.
Timberwolves president of basketball operations Gersson Rosas said today during an appearance on The Chad Hartman Show in Minnesota that drafting Anthony Edwards doesn’t mean the team doesn’t plan to re-sign Malik Beasley. “We hope that relationship (with Beasley) continues,” Rosas said (Twitter link via Dane Moore of News Talk 830 WCCO). Wolfson (via Twitter) thinks that the Wolves and Beasley could work out a two-year deal.
Paul Millsap plans to weigh his options at the start of free agency and see what kind of market develops before making a decision, tweets Mike Singer of The Denver Post. No deal is imminent yet for Millsap, who is expected to receive interest from the Nuggets and Trail Blazers, among others.
Suns GM James Jones said on Wednesday night that his front office will be looking for “Suns fits” in free agency, as Duane Rankin of The Arizona Republic writes. “I feel really good about our ability to build on the rest of our roster,” Jones said.

Myles Powell To Sign Exhibit 10 Deal With Knicks

November 19th, 2020 at 1:12pm CST by Arthur Hill

NOVEMBER 29: New York’s signing of Powell is now official, per a team tweet.

NOVEMBER 19: The Knicks will sign Seton Hall guard Myles Powell to an Exhibit 10 contract, Adam Zagoria writes for NJ.com.

Powell, an AP first-team All-American and winner of the Jerry West Award as the nation’s top shooting guard, will be with New York in training camp. He is eligible for a guarantee of up to $50K if he is waived and joins the Knicks’ G League affiliate.

Zagoria notes that the team’s shake-up may give Powell an opportunity to earn a roster spot. After today’s moves, New York has just seven players under contract for next season.

Former NBA player Rick Brunson, who has been training Powell and Knicks top pick Obi Toppin, believes the Seton Hall product has a future in the league.

“There’s NBA talent, which usually gets drafted on their talent, and there’s NBA players, and Myles is an NBA player,” said Brunson. “He may not check all the boxes with the length and the athleticism and height and all that B.S., but the guy is an NBA player. He can shoot, he’s tough, he makes threes at a high rate, he’s tough as nails, he can guard. He’s a winner and he’s a proven winner in college.”

Knicks Waive Four Players, Decline Options For Portis, Pinson

November 19th, 2020 at 12:40pm CST by Arthur Hill

12:40pm: The Knicks have confirmed all the roster moves detailed below and added that they’ve turned down their team option on Theo Pinson, whom they claimed off waivers in June. Pinson’s option had been worth $1.7MM, but he’ll become an unrestricted free agent instead of remaining with New York.

The team projects to enter free agency with upwards of $38-40MM in cap room.

12:06pm: The Knicks will waive Elfrid Payton and Kenny Wooten and have decided not to pick up Bobby Portis‘ option for next season, tweets Steve Popper of Newsday. In addition, the team won’t make a qualifying offer to Damyean Dotson, who becomes an unrestricted free agent.

New York will also waive veteran forward Taj Gibson, according to Shams Charania of The Athletic (Twitter link), and Wayne Ellington, tweets Marc Berman of The New York Post.

The decisions are designed to create cap flexibility, Popper adds (Twitter link). He notes that the team could opt to re-sign some of the players, but at lesser salaries than what they were scheduled to make (Twitter link).

Payton had a $1MM guarantee on his $8MM deal for next season. He started 36 of the 45 games he played last season, but the Knicks have indicated they want to find a new starting point guard. Gibson also had a $1MM guarantee on his $9.45MM contract, while Ellington receives $1MM of his $8MM deal. Wooten was on a two-way contract and didn’t appear in any NBA games.

The Knicks held a $15.75MM option for Portis, who averaged 10.1 points and 5.1 rebounds in 66 games last season, mostly as a reserve. Dotson, who got into 48 games off the bench and averaged 6.7 PPG, would have required a $2,023,150 QO.

Knicks To Guarantee Reggie Bullock’s 2020/21 Salary

November 19th, 2020 at 8:01am CST by Luke Adams

The Knicks must make decisions today on whether or not to guarantee 2020/21 salaries for several veteran players. According to Marc Berman of The New York Post (via Twitter), the team has made at least one of those decisions and will retain Reggie Bullock through his salary guarantee deadline.

Bullock, 29, missed the start of the 2019/20 season due to a back injury, but ended up appearing in 29 games for the Knicks, starting 19 of them. He averaged 8.1 PPG and 2.3 RPG on .402/.333/.810 shooting in 23.6 MPG.

While Bullock didn’t have his best year, he’s a solid defender and shooter, having made 39.2% of his career three-point attempts before last season. His salary is also pretty affordable at just $4.2MM. With that figure locked in, he’s now on track to become an unrestricted free agent in 2021.

Before the end of the day, the Knicks will also have to make a decision on Bobby Portis‘ team option ($15MM) and determine whether they’ll guarantee salaries for Taj Gibson ($9.45MM), Elfrid Payton ($8MM), and Wayne Ellington ($8MM).

Cavs, Knicks Have Talked About Swapping Picks

November 18th, 2020 at 1:15pm CST by Alex Kirschenbaum

After packaging the Nos. 27 and 38 picks to the Jazz for the No. 23 pick in this year’s draft, the Knicks may be looking to use the No. 23 pick to help them trade up even further. The Knicks have talked with the Cavaliers about trading their Nos. 8 and 23 for Cleveland’s No. 5 pick. However, Kelsey Russo of The Athletic tweets that Cleveland is holding out for more value.

Draft Rumors: Hayes, Nesmith, Anthony, Okongwu, Hawks, More

November 18th, 2020 at 10:47am CST by Luke Adams

In his latest mock draft in advance of tonight’s event, Jeremy Woo of SI.com shares several interesting tidbits, writing that Killian Hayes is “strongly in play” for the Pistons at No. 7 and suggesting there’s some concern about Aaron Nesmith‘s injured foot, which ended his season at Vanderbilt.

Woo also hears from sources that Cole Anthony has interviewed in recent days with multiple teams outside the top 20 and that the Celtics and Spurs would be among the teams with interest in Onyeka Okongwu if he slides out of the top 10 due to his foot injury.

Woo reports that there’s “significant traction” for Devin Vassell within the Knicks‘ front office, making him a viable option at No. 8 if the team stays put. Finally, Woo says the Celtics have shown interest in Duke big man Vernon Carey Jr., who could be an option at No. 26 or No. 30.

Here’s more on the 2020 NBA draft:

The Hawks are currently planning to keep and use the No. 6 pick tonight, a source tells Jonathan Wasserman of Bleacher Report (Twitter link). That could change if Atlanta gets a surprise last-minute offer, Wasserman cautions, but for the time being, it sounds as if the team is comfortable staying put.
We still don’t know with any certainty which player the Timberwolves will select with the No. 1 pick tonight, but Georgia guard Anthony Edwards has emerged as the betting favorite at Las Vegas sportsbooks, writes David Purdum of ESPN.com.
While USC big man Onyeka Okongwu may not be ready for training camp due to a foot injury, it sounds like the issue shouldn’t impact his draft stock too significantly. One source who spoke to Rick Bonnell of The Charlotte Observer (Twitter link) predicted that Okongwu will still likely come off the board before the Wizards pick at No. 9.