Knicks Rumors

Knicks’ Mills Issues Statement On Free Agency

After months of speculation that Kevin Durant and Kyrie Irving could be headed to New York this summer to join the Knicks, the two star free agents only delivered on half of that scenario — they’ll move to New York, but they’ll join the Knicks’ cross-town rivals in Brooklyn.

Having missed out on their top free agents, the Knicks have reached agreements so far with Julius Randle and Taj Gibson and still have about $40MM+ in cap room available. With fans expressing disappointment in the Knicks’ summer, the team’s president of basketball operations Steve Mills issued the following statement tonight:

“While we understand that some Knicks fans could be disappointed with tonight’s news, we continue to be upbeat and confident in our plans to rebuild the Knicks to compete for championships in the future, through the draft, targeted free agents, and continuing to build around our core of young players.”

The Knicks’ original statement, before it was amended and re-issued, ended by saying the team would rebuild its roster “through both the draft and targeted free agents,” without mentioning the “core of young players” (Twitter link via Steve Popper of Newsday).

Knicks To Sign Taj Gibson

The Knicks have agreed to a deal with Taj Gibson, Adrian Wojnarowski of ESPN.com relays (Twitter link). The contract will be for two years and $20MM.

The 10-year veteran spent the last two seasons in Minnesota on a $28MM deal that the club signed him to during the summer of 2017. He played in all but 12 games for the Wolves over his two seasons with the team.

After the agreement, the Knicks are looking at approximately $41MM in cap room. It was previously announced that the team will ink Julius Randle to a three-year, $63MM pact.

Knicks To Meet With Reggie Bullock

Latest On Kevin Durant

The Knicks were not prepared to present Kevin Durant will a full-max contract offer, Ramona Shelburne of ESPN.com hears (Twitter link). Owner Jim Dolan had concerns about Durant’s Achilles injury.

New York now has Julius Randle locked in on a three-year deal. The Knicks were long rumored to be the favorite for Durant’s services, though rumblings began to surface during the postseason that the Nets were contenders. Durant will take his talents to the other side of the Williamsburg Bridge.

[RELATED: Kevin Durant To Sign With Nets]

Durant and his business manager Rich Kleiman met with the Warriors GM Bob Myers today and delivered his decision to leave Golden State, Adrian Wojnarowski of ESPN.com relays via Twitter. The remainder of the contenders were informed later on in the day and Woj adds that the teams feel Durant handled the process well.

Durant’s deal with the Nets could end up being a sign-and-trade, Chris Haynes of Yahoo! Sports reports (Twitter link).

There’s no word on whether the Warriors would want a player back or simply to open up a $30MM trade exception (as CBA rules state the amount would be his previous salary). Golden State could then absorb a player in a trade without having to worry about matching salary. Such an arrangement would likely involve the Warriors including an asset, as the Nets could easily carve out the required cap room to sign Durant outright.

Knicks To Sign Julius Randle To Three-Year, $63MM Deal

The Knicks have agreed to sign Julius Randle to a three-year, $63MM deal, ESPN’s Adrian Wojnarowski reports (Twitter link).

Chris Haynes of Yahoo! Sports tweets that the final year of the pact contains a team option, while Steve Popper of Newsday (Twitter link) classifies it as a partial guarantee.

Rumors of the Knicks’ interest in Randle sprouted once the Pelicans landed Zion Williamson and it became clear that New Orleans wasn’t likely to compete for the big man’s services. Those rumors continued in the week leading up to free agency.

New York is expected to have $51M in cap room after the agreement, per ESPN’s Bobby Marks (Twitter link). It’s unclear if which players they are targeting with their cap space. The Knicks missed out on their top target in Kevin Durant, watching the former MVP sign with the crosstown Knicks. Kyrie Irving is also headed to Brooklyn.

Randle had a breakout season during his lone year in New Orleans. He notched career-highs in points per game (21.4), 3-pointers made (nearly one per contest), and player efficiency rating (21.0).

Photo courtesy of USA Today Sports Images.

Free Agent Notes: Harris, Leonard, Portis

Tobias Harris is meeting with the Sixers to begin free agency, The Athletic’s David Aldridge tweets. Harris is seeking a full, five-year max deal.

Jimmy Butler is in Miami to begin his free agency tour and is expected to tell the Heat that he wants to sign with them. The Sixers will likely get a chance to speak with Butler before he signs elsewhere, as Miami doesn’t have the cap space necessary to offer Butler a max contract.

Here’s more from the start of free agency:

  • Magic Johnson said he has spoken to Kawhi Leonard and Dennis Robertson (Leonard’s uncle) after Leonard’s camp contacted him, Brad Turner of the Los Angeles Times relays (Twitter link). No meeting between the parties has been set up yet.
  • Bobby Portis and Jabari Parker are both operating as if they will not be back with the Wizards, Chase Hughes of NBC Sports reports on Twitter. Both players were brought to Washington in the mid-season deal that sent Otto Porter Jr. to Chicago.
  • Julius Randle is on the Knicks‘ radar, a source tells Marc Berman of the New York Post (Twitter link). New York missed out on Kevin Durant, watching him sign with the Nets.
  • The Knicks are meeting with Reggie Bullock tonight, Aldridge tweets. Bullock is ready to commit to a “strong offer,” Aldridge adds. The Lakers would like to keep him, though New York will be among the teams which will have a chance to steal him away from Los Angeles.

Kevin Durant To Nets A Done Deal?

Marc Stein of The New York Times is reporting that the Nets are emanating an “undeniable vibe of confidence” that Kevin Durant will join his friend Kyrie Irving and announce tonight that he plans to sign with the Nets.

Brian Lewis of the New York Post adds that there are individuals within the Brooklyn organization – both players and front office employees – that are “quietly confident” that Durant will choose Brooklyn over the Warriors, Knicks, and Clippers.

Finally, Chris Broussard of Fox Sports hears that a team who was in the hunt to sign Durant now thinks that Durant is heading to Brooklyn as well.

As we noted earlier, we won’t have to wait much longer to find out if Brooklyn’s confidence is well-placed, as Durant will announce his decision online when free agency opens this evening.

Free Agent Rumors: Middleton, Butler, Kanter, Temple

According to Marc Stein of The New York Times, the quietness surrounding the free agency destination of Bucks’ All-Star forward Khris Middleton is because interested front offices are universally presuming that Middleton is going back to Milwaukee on a “monster” five-year deal.

Middleton, 27, is eligible to sign a five-year, $189.904MM maximum-salary contract with the Bucks, while rival suitors can only (relatively speaking, of course) offer up to $140.791MM over four years.

Echoing Stein’s sentiment from rival front offices, Gery Woelfel of Woelfel’s Press Box reports that Middleton is expected to re-sign with Milwaukee, adding that Brook Lopez and George Hill are also considered good bets to return.

Knicks Notes: Durant, Leonard, Rozier, Ntilikina

The Knicks’ hopes of adding two stars in free agency now rely on the reported desire of Kevin Durant and Kawhi Leonard to team up, writes Marc Berman of The New York Post. New York is among the teams with enough cap space to sign both stars, and ESPN reported yesterday that the Knicks and Clippers are the most likely destinations if they do join forces.

Two other potential Knicks targets came off the board Saturday as Kyrie Irving reached an agreement with the Nets and Kemba Walker committed to the Celtics. A source tells Berman that Walker’s family, particularly his mother, wasn’t interested in moving to New York.

That’s not true for Durant, who likes the idea of living in the nation’s largest city, Berman adds. He had his surgery performed in New York and has several ties to the franchise, serving as a mentor to Allonzo Trier and being friends with free agent center DeAndre Jordan and assistant coach Royal Ivey. The Knicks were considered favorites to sign Durant before his Achilles injury in the NBA Finals and are still strongly in the race, according to Berman. However, the additional year and the extra $57MM that the Warriors can offer could still tip the scale in their favor.

There’s more out of New York:

  • If the Knicks can’t land one of the elite free agents, their next targets will be point guard Terry Rozier and power forwards Julius Randle and Bobby Portis, Berman relays in the same story. They also have what Berman calls “mild” interest in a one-year deal with DeMarcus Cousins.
  • Durant isn’t leaning toward any team as free agency begins, his agent, Rich Kleiman, told Steve Serby of The New York Post. “While I’m doing this interview, Kevin is completely undecided in figuring out what he wants to do,” Kleiman said.
  • Whether the Knicks keep Frank Ntilikina or not, he won’t be part of their Summer League team, tweets Stefan Bondy of The New York Daily News. The second-year guard, who has been on the trading block, will compete in the FIBA World Cup later this summer with the French team.

Durant To Make Decision Via Instagram

JUNE 30, 2:37pm: Per Adrian Wojnarowski of ESPN (link), Durant will announce his free agent decision tonight on Instagram, via his “The Boardroom” platform.

JUNE 28, 8:50pm: Kevin Durant is planning to speak with the Nets, Clippers and Knicks as well as the Warriors when free agency begins on Sunday night, ESPN’s Adrian Wojnarowski reports.

Durant probably won’t make a quick commitment. His decision-making process is expected to extend well into next week, according to Wojnarowski.

There are no surprises on Durant’s list. Both New York teams have been clearing cap space for years in order to pursue high-level free agents. The Clippers have taken the same approach the past two seasons, though they’ve been more often linked to Kawhi Leonard.

The process could be somewhat more informal than the last time Durant shopped himself in free agency during the summer of 2016. Durant is in New York after undergoing surgery on his torn Achilles tendon and plans to talk to teams there, Wojnarowski continues. He’ll conduct some combination of face-to-face meetings and other forms of communication with assistance from business manager Rich Kleiman.

Durant formally declined his $31.5M player option this week to become an unrestricted free agent. The Warriors are planning to offer him a five-year, $221MM max contract, while other teams can offer a four-year, $164MM deal.

Durant is expected to miss all of next season as he recovers from the injury suffered during the Finals.