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Knicks' Front Office Focused on Player Development And Culture

September 23rd, 2018 at 8:02pm CST by Eric Spyropoulos

With training camp kicking off this week, on-court expectations the Knicks aren’t particularly high for the upcoming season. As Marc Berman of the New York Post explains, the organization has shifted its focus to player development and building a strong culture for the 2018/19 campaign.

The Knicks have their own 2019 first round draft pick and significant space under the salary cap to spend in free agency should they look to contend in the 2019/20 season. For now, the focus is on player development and instilling a successful culture behind the scenes in order to set the organization up for sustained success in the future.

Atlantic Notes: Butler, Hayward, Fultz, VanVleet

September 23rd, 2018 at 3:05pm CST by marksuleymanov

While Jimmy Butler‘s three-team wish list of preferred trade destinations includes the Knicks, his interest in New York has been overstated, per USA Today’s Jeff Zillgitt (Twitter link).

Zillgitt notes that Butler’s main goal is to compete sooner than later, and joining a Knicks team in rebuild mode does not accomplish that. Butler’s list also includes the Nets and Clippers, but more teams have since been reported as possible destinations. ESPN’s Adrian Wojnarowski reported that the Pistons, Rockets, Heat, Sixers and Trail Blazers also have interest. Also, the Cavaliers have entered the sweepstakes.

Knicks brass has been adamant that the organization will not deviate from its plan to not trade young players and draft picks. Acquiring Butler, a 29-year-old All-Star, would require both.

Check out more Atlantic Division notes:

Celtics star Gordon Hayward is expected to sign a multi-year sneaker deal, according to A. Sherrod Blakely of NBC Sports Boston. Hayward, who missed nearly all of last season after a freak ankle injury, Hayward has reportedly been pursued by several major companies, including Nike, New Balance and the Chinese company Anta.
Sixers guard Markelle Fultz has worked hard on improving his jump shot and is ready to make an impact this season, writes Rich Hofmann of The Athletic (subscription required). “This summer was really just me working to get my mechanics back, my confidence back, my swagger back,” Fultz said.
The Raptors signed Fred VanVleet quickly after free agency opened this summer, keeping a vital part of Toronto’s bench. Blake Murphy of The Athletic (subscription required) examines the process and VanVleet’s new contract.

Knicks, Joakim Noah Close To Buyout Agreement

September 23rd, 2018 at 2:20pm CST by Arthur Hill

2:17pm: The buyout between the Knicks and Noah is expected to be finalized either Monday or Tuesday, per Marc Berman of the New York Post.

9:12am: The Knicks are close to a waive and stretch agreement with veteran center Joakim Noah, tweets Shams Charania of The Athletic. No matter when the agreement is finalized, Noah will not report to training camp.

Several teams may have interest in signing Noah, notes Charania, who adds that he has put in a lot of work over the offseason (Twitter link).

Noah’s reputation has suffered greatly during his two years in New York. He was a recent All-Star and was considered a team leader when former Knicks president Phil Jackson gave him a four-year, $72MM contract in 2016.

Noah performed poorly during his first year with the team, posting a 5.0/8.8/2.2 line in 46 games, then fell apart completely last season. He opened the year under suspension for using a banned substance, then clashed with ex-coach Jeff Hornacek over playing time, resulting in a suspension in January that he never returned from. Noah appeared in just seven games throughout the season.

Noah still has two seasons and $37.8MM left on his contract. He is owed $18.53MM this year and $19.295MM in 2019/20, although both numbers could be reduced in a buyout agreement. The main focus for the Knicks is maximizing cap room for next summer, when they hope to be able to offer a maximum salary in free agency.

Knicks Unlikely To Extend Kristaps Porzingis This Year

September 21st, 2018 at 3:53pm CST by Luke Adams

The Knicks have until October 15 to sign Kristaps Porzingis to a long-term extension, but the team isn’t planning to complete a deal at this point, writes Marc Berman of The New York Post. While the Knicks feel good about how Porzingis’ rehab from his ACL tear is progressing, the club’s hope is to re-sign him when he reaches restricted free agency in 2019, rather than extending him now, Berman notes.

Waiting until next offseason would allow New York to carry about $10MM in extra cap room into the summer, which could come in handy as the team explores the free agent market. The club will have the right of first refusal on Porzingis as an RFA, so he won’t be able to walk unless New York lets him go.

If the Knicks wait until next year to lock up Porzingis, they could still offer him the same contract – up to five years and an estimated $158MM – and would avoid making him a designated rookie scale player, further maximizing their roster flexibility. Still, the approach isn’t without its risks.

Porzingis hasn’t always seen eye to eye with Knicks decision-makers, and while the tension between him and the organization occurred when Phil Jackson and Jeff Hornacek were running the show, the current management group won’t want to risk alienating its potential franchise player.

Additionally, if Porzingis reaches restricted free agency, there’s nothing stopping him from turning down a long-term offer from the Knicks. He could theoretically sign a shorter-term offer sheet with another team or accept his qualifying offer — he’d still end up a Knick in either of those scenarios, but he’d be on track to become an unrestricted free agent sooner.

Still, the Knicks sound confident that the risks involved in waiting on a Porzingis deal should be worth the reward, given their relationship with the young big man.

“Our philosophy is that we’re going to stay connected with [the Porzingis camp],” GM Scott Perry said this week. “It’s a long-term thing. Obviously you mentioned the point of the cap space in July. But we just feel like we’re in a real good space with him, as well as he is with us. And we’re going to do the right thing by him and this organization.”

“He’ll never feel like he’s not a cornerstone part of what we’re trying to do here,” president of basketball operations Steve Mills added. “He understands that. We make that crystal clear to him and his representation.”

Timberwolves Rebuffing Inquiries On Jimmy Butler

September 21st, 2018 at 10:55am CST by Luke Adams

Despite Jimmy Butler having requested a trade out of Minnesota, the Timberwolves continue to show no desire to trade their All-NBA wing. As ESPN’s Adrian Wojnarowski reports, rival executives who have called the Wolves’ front office to inquire on Butler are being told that Minnesota views him as an elite player and plans to keep him.

Since word of Butler’s trade request broke, reports have repeatedly suggested that head coach and president of basketball operations Tom Thibodeau has shown little to no interest in moving his star swingman. While it’s possible that the Timberwolves’ stance is a negotiating tactic to regain some leverage, Wojnarowski observes that Minnesota hasn’t even shown interest in hearing what prospective trade partners would hypothetically offer for Butler.

Butler reportedly prefers to be dealt to the Clippers, Knicks, or Nets, with Wojnarowski suggesting that the four-time All-Star has prioritized the Clips and Knicks over Brooklyn. Still, there are number of teams around the NBA with interest, according to Jon Krawczynski of The Athletic, who tweets that not all of those clubs would need assurances that the 29-year-old would sign long-term. Still, they won’t get a chance to put an offer on the table for Butler at all as long as Thibodeau and the Wolves insist they’re hanging onto him.

If the Timberwolves are serious about keeping Butler, it will be fascinating to see how it affects their extension talks with Karl-Anthony Towns. As Dan Feldman of NBC Sports relays, Darren Wolfson of 1500 ESPN said on a podcast this week that Towns wants the Wolves to “figure out” the Butler situation before committing to a huge new deal.

“I’m led to believe that a big reason why he hasn’t signed it is that he – through his agent, Leon Rose – went to the Wolves and said, ‘Hey, I can’t coexist with Jimmy. Do something about it,'” Wolfson said. “So, figure out the Jimmy situation. On top of that – whether it’s right or wrong – this is the way he feels, that it’s been Jimmy and Thibs ganging up on him.”

While Thibodeau is adamantly opposed to trading Butler, team owner Glen Taylor intends to be involved in the decision-making process along with Thibodeau and GM Scott Layden, league sources tell Wojnarowski. It remains to be seen if Taylor will have a different view on how to handle Butler’s trade request.

Knicks Notes: Porzingis, Fizdale, Butler, Noah

September 20th, 2018 at 11:57am CST by Arthur Hill

During a meeting with the media today, Knicks GM Scott Perry declined to comment on his strategy for negotiating an extension with Kristaps Porzingis , tweets Ian Begley of ESPN. Porzingis is eligible for a five-year, $157MM extension now, but New York could save about $10MM in cap space by waiting to get the deal done next summer. That money could prove to be important for a team that plans to be a major player in the 2019 free agent market.

Team president Steve Mills told the media that Porzingis knows he’s a cornerstone of the franchise, regardless of when extension talks are held, Begley notes. Porzingis, who suffered a torn ACL in February, is meeting with team doctors this week to discuss a realistic timetable for his return.

There’s more today out of New York:

Despite the injury to Porzingis and a lackluster summer of free agency, the Knicks plan to remain as competitive as possible this year, coach David Fizdale added (Twitter link). He said the first thing Perry and Mills told him in his interview is that they would never intentionally tank a season.
When asked about a possible trade for Jimmy Butler, Mills reiterated his commitment to not skipping steps in the development process (Twitter link). That means the Knicks aren’t likely to pull the trigger on a big deal now when they have the cap room to offer a max contract next summer. Butler included the Knicks on the list of preferred locations he gave to the Timberwolves.
Perry said the front office is hoping to reach a “resolution” soon with veteran center Joakim Noah, tweets Marc Berman of The New York Post. The team is talking to Noah’s representatives in hopes of working out a deal to part ways. The Knicks reportedly plan to use the stretch provision on the final year of Noah’s contract if trade or buyout talks prove unsuccessful.

Atlantic Notes: Butler, Burke, Lowry, Theis

September 19th, 2018 at 5:08pm CST by Arthur Hill

The Knicks are committed to a long-term rebuilding plan, but a chance to get Jimmy Butler at a bargain price might change their minds, writes Marc Berman of The New York Post. New York was one of three preferred locations Butler gave to Timberwolves officials today when he asked to be traded. The Nets and Clippers, also big-market teams, were the other two.

Knicks president Steve Mills provided a window into the team’s thinking Monday when he said the team wouldn’t give up valuable assets in exchange for a player about to enter free agency. Butler expressed a willingness to re-sign with any of the three teams on his list, although he’s going to want a five-year max deal.

Butler’s impending free agent should help drive down the price and could force Minnesota to take far less than his normal value. Berman suggests Courtney Lee would be part of any offer, along with Tim Hardaway if the Knicks feel good about their chance to attract Kyrie Irving in free agency next summer. Berman warns that their reluctance to part with first-round picks or point guard Frank Ntilikina will make it difficult for the Knicks to get a deal done.

There’s more from the Atlantic Division:

The Knicks will have a three-way battle for the starting point guard spot in training camp and Trey Burke is confident that he’ll come out on top, Berman writes in a separate story. Burke, Ntilikina and Emmanuel Mudiay, who all saw significant playing time last season, will be in an open competition for starting honors when camp opens next week. “I think all three point guards go in with the right mentality,” Burke said. “We know we’re going to be competing with each other. We also know we’re on the same team and we’ll be making each other better while we’re competing. That’s win, win, win. We’re all looking forward to it. I know I am.”
Raptors president Masai Ujiri understands the strong friendship between Kyle Lowry and DeMar DeRozan, but he doesn’t expect the trade that split up Toronto’s longtime backcourt to have any effect on Lowry’s play, relays Doug Smith of The Toronto Star. “That [trade] was a blow to him,” Ujiri said. “I think basketball-wise Kyle is always ready, he’s always going to be ready, he’s training hard and he’ll be ready.”
Celtics center Daniel Theis made amazing progress as a 3-point shooter before a meniscus injury cut short his season in March, notes A. Sherrod Blakely of NBC Sports Boston. Theis was just 5 for 26 [19.2%] from long distance from October to December, but improved to 13 of 32 [40.6%] over the rest of the year. Theis has fully recovered from surgery and is expected to be cleared for all basketball activities by the start of camp.

Latest On Jimmy Butler

September 19th, 2018 at 3:20pm CST by Luke Adams

With training camps around the corner, the NBA rumor mill has sprung back into action today, as word broke that four-time All-Star Jimmy Butler is seeking a trade out of Minnesota. Butler even has a few specific destinations in mind, having reportedly told the Timberwolves that he’d have interest in being dealt to the Nets, Knicks, or Clippers.

In his full report on the Butler situation, ESPN’s Adrian Wojnarowski provides several more tidbits on the All-NBA wing, so let’s dive in and round up the highlights…

Butler’s list of preferred landing spots could expand based upon the willingness of the Timberwolves and rival teams to negotiate a deal, league sources tell Wojnarowski.
For now, Tom Thibodeau and the Timberwolves have little interest in dealing Butler, preferring to keep him and attempt to make a deeper playoff run in 2018/19, says Wojnarowski. Thibodeau’s “tenuous” status with team owner Glen Taylor may play a part in that stance, according to Woj, who notes that it would be tough for Minnesota not to take a step backward in the short term by trading Butler.
Butler is into the idea of playing a central role for a big-market club, per Wojnarowski. The Lakers are a less appealing option now that LeBron James is on the roster, since Butler would be playing second fiddle there.
The Clippers, Nets, and Knicks have varying levels of interest in Butler, each “prioritizing him in different ways,” writes Wojnarowski. All three teams will have substantial cap room next summer, so acquiring Butler (who will have a $30MM+ cap hold) could hinder their ability to pursue other stars.
According to Wojnarowski, the Heat are another team with interest in Butler. Going after him in free agency likely won’t be an option for Miami, since the club doesn’t project to have cap space in 2019.
While initial reports suggested that there were teams with whom Butler would be willing to sign an extension, Wojnarowski clarifies that the former Bull wants to be sent to a team that would plan on re-signing him to a five-year max contract as a free agent in 2019. Such a deal is currently projected to be worth nearly $190MM — it remains to be seen if any team would make such a huge investment in a player who will be 30 years old when he reaches free agency.

Timberwolves’ Jimmy Butler Requests Trade

September 19th, 2018 at 1:25pm CST by Luke Adams

1:25pm: The Nets, Knicks, and Clippers are Butler’s three preferred destinations, reports ESPN’s Adrian Wojnarowski (via Twitter).

12:48pm: Timberwolves All-NBA swingman Jimmy Butler has requested a trade, league sources tell Jon Krawcznyski and Shams Charania of The Athletic. According to the duo, Butler has given Minnesota a list of one to three teams with which he’d be open to signing a long-term extension, informing the Wolves that he doesn’t intend to sign a new deal with the team next summer.

Butler, who spent the first six years of his NBA career with the Bulls, was traded to the Timberwolves during the 2017 offseason and helped the club snap its 13-year postseason drought in the spring. Despite being limited to 59 games due to injuries, Butler earned All-Star and All-NBA Third Team nods in 2017/18, averaging 22.2 PPG, 5.3 RPG, 4.9 APG, and 2.0 SPG while playing strong perimeter defense.

Although Butler enjoyed a strong individual season and the Wolves took strides toward title contention, there were whispers throughout the year about tension among the club’s stars. A report in July suggested that Butler was “all but fed up with the nonchalant attitude of his younger teammates,” including Karl-Anthony Towns. Earlier this week, we heard that Towns may be postponing his contract extension decision until he sees what happens with Butler.

Still, Krawcyznki hears that possible issues with Towns and Andrew Wiggins have “very little, if anything,” to do with Butler’s trade request. It’s more to do with contractual matters, Krawczynski adds (via Twitter).

Butler is technically under contract for two more years, but he’ll have an opportunity to hit the open market in 2019 by turning down his player option. If the Wolves expect him to jump ship at that point – and there have been rumors that he’s interested in playing alongside Kyrie Irving – then it makes sense to gauge the trade market for him before then. However, head coach and president of basketball operations Tom Thibodeau has been “resistant” to the idea of moving his star wing, tweets Krawczynski.

Butler, who informed the Wolves of his stance during a meeting on Tuesday to discuss his future, already turned down a contract extension offer from the team earlier this offseason. As we noted at the time, Minnesota is limited to offering four new years worth just over $100MM at this point — the club could go much higher with its offer in free agency, when Butler would be eligible for a five-year contract worth up to a projected $190MM. If he signs with a new club, Butler would be limited to approximately $141MM over five years.

If Butler is traded, his Bird rights would be traded along with him, so his new team would gain the ability to offer a five-year contract worth an estimated $190MM. Those may be the “contractual matters” Krawczynski is alluding to. It’s also possible Butler would be more willing to consider an extension prior to free agency if he joins a team on his wish list. CBA restrictions would prevent him from being eligible for that four-year, $100MM+ extension for six months after being traded though.

From the Timberwolves’ perspective, moving on from Butler may alleviate some long-term cap concerns, as carrying maximum contracts for Wiggins, Towns, and Butler beginning in 2019/20 might not have viable. Of course, it won’t be easy for Minnesota to recoup fair value for its four-time All-Star now that his trade request has been leaked publicly.

As for the teams that may be of interest to Butler, it’s safe to say that his short list probably includes at least one or two big-market clubs. Joe Vardon of Cleveland.com (Twitter link) hears from a source that Butler is likely interested in the Knicks. A report last month indicated that Butler would consider the Lakers in free agency.

However, Knicks president Steve Mills just talked about not wanting to surrender big trade packages for players that may be available in free agency, and the Lakers don’t really have the salaries necessary to make a Butler deal work at this point. The Lakers – and many more teams around the NBA – will be in a better position to make deals when various trade restrictions lift after December 15.

Photo courtesy of USA Today Sports Images.

Courtney Lee Says He’s Not Seeking Trade

September 19th, 2018 at 8:41am CST by Luke Adams

Responding to rumors that he’s seeking a trade out of New York, veteran swingman Courtney Lee tells Ian Begley of ESPN.com (Twitter link) that he’s happy to be a Knick, refuting the idea that he prefers to be dealt. According to Begley, Lee has not expressed a desire to be moved.

A story from Marc Berman of The New York Post jump-started the Lee rumor mill, though for what it’s worth, Berman’s report doesn’t say that the 32-year-old wants to be traded. If he gets traded, Berman writes, Lee’s preference would be to join a playoff team or contender. According to the Post scribe, the Knicks have explored the trade market in search of a possible Lee deal.

Trading Lee would make sense for the Knicks, who aren’t expected to be in the playoff mix this season with Kristaps Porzingis still recovering from his ACL tear. Lee, who will turn 33 next month, is under contract for two more years, but probably isn’t part of New York’s long-term plans, and he’s coming off one of his best seasons, meaning his trade value should be higher than in the past.

In 76 games (30.4 MPG) in 2017/18, Lee averaged 12.0 PPG on .454/.406/.919 shooting, chipping in 2.9 RPG, 2.4 APG, and 1.1 SPG. While he might not be a difference-maker for a contending team, Lee is the sort of three-point marksman on the wing that many playoff clubs could use.

While it remains to be seen if the Knicks will push to move Lee before the season or at the trade deadline, the franchise has been sending some subtle signals this season that he’s not a future building block.

A Knicks Instagram post in August on the “Future of New York” featured a montage of nine players, including Trey Burke, Emmanuel Mudiay, and Lance Thomas, but didn’t include Lee. Earlier this week, new head coach David Fizdale referred to Thomas as a “natural” lader, but didn’t mention Lee, who was a co-captain last season alongside Thomas.