Knicks Rumors

New York Notes: Mudiay, Kornet, Russell, Dinwiddie

Acquiring Emmanuel Mudiay at the deadline on Thursday was not a shot at Frank Ntilikina but part of a plan to acquire young talent, Marc Berman of the New York Post writes. General manager Scott Perry said the addition of Mudiay, a former lottery pick, gives the Knicks another talented player, which can only help Ntilikina.

“The organization is not down on Frank,” Perry said. “I’ve spoken to Frank today. We’ll continue to speak. He’s excited about it. Everyone’s committed to getting better. If you want to become a good team, you got to be resigned to adding players to our mix that will help our cause. He’s going to be fine. It’s not in any way a negative reflection on him and who we think he’s going to be. He’s a 19-year-old kid with very good tools and a lot of upside. This will help his learning process.”

The plan for Mudiay is for him to see time at both guard spots. Jared Jeffries, an ex-Knick and former scouting director for the Nuggets, commended the acquisition of Mudiay, Berman writes in a separate story. Jeffries does not agree with the consensus that Mudiay is a bad shooter — instead, he feels the former seventh overall pick is a bad finisher. If he can improve his shots closer to the rim, Mudiay can be successful, per Jeffries.

Check out other news coming out of New York:

  • Luke Kornet, who has spent the season in the G League, made his NBA debut against the Raptors on Friday, Berman writes. Taking the spot vacated by the departed Willy Hernangomez, Kornet became the second Knick ever to debut with a double-double (11 points, 10 rebounds). The 22-year-old Vanderbilt project is currently on a two-way deal that allows him 45 days in the NBA before he must be added to the 15-man roster — and the Knicks have an open roster spot.
  • A knee injury sidelined Nets point guard D’Angelo Russell for two months, putting some ice cold water on a hot start to his first season in Brooklyn. Since his return, Russell has come off the bench and hasn’t seen consistent playing time. Both Russell and head coach Kenny Atkinson want to see the former second overall pick play more minutes and get reacclimated, writes Newsday’s Greg Logan.
  • While the Nets did make some moves ahead of Thursday’s trade deadline, both DeMarre Carroll and Spencer Dinwiddie stayed put. Dinwiddie, who has burst on the scene as a productive asset this season, is so coveted by the Nets, the team turned down a first-round pick from the Cavaliers, as Brian Lewis of the New York Post details.

2017/18 Buyout Market Summary

With the trade deadline in the rearview mirror, much attention is being paid to what is expected to be several weeks of busy buyout market activity. The last day that a player can be waived from their current team and still be eligible to play in the postseason with a new team is March 1.

Below are a series of lists breaking down the veterans who have already been bought out – or simply waived – by their respective teams since the trade deadline, along with those who are expected to be, and several more who really ought to be considered possible buyout candidates even if no reports have come out explicitly stating as much.

As the weeks unfold, we may see new names surface as buyout candidates, in such cases (and whenever a player is formally bought out) we’ll update the list.

Potential buyout candidates:

Expected to be bought out or released:

  • None

Veterans who have been bought out or released:

Atlantic Notes: Mudiay, Ntilikina, Bruno, Ainge

The Knicks were interested in both Emmanuel Mudiay and Elfrid Payton as minutes winded down to the trade deadline and the team ultimately decided to swing a deal for Mudiay. Both former lottery pick point guards have been disappointments but Mudiay may have been the more sensible target for the Knicks, Marc Berman of the New York Post writes.

While Mudiay and Payton both come with some downside, they are also both still young and possess talent. Berman quotes two executives who believe Mudiay — who is still under contract for one additional season beyond 2017/18 — is a better fit for the Knicks. The Knicks also gave up Doug McDermott, who was not in New York’s future plans, Berman notes.

In 42 games this season, Mudiay has averaged 8.5 PPG and 2.9 APG.

Check out other Knicks news below:

  • While adding another young point guard could be interpreted as the Knicks losing faith in Frank Ntilikina, he is not worried about the acquisition, Newsday’s Al Iannazzone writes. Ntilikina views the addition of Mudiay as a positive that will benefit both sides.  We’re not competing against each other,” Ntilikina said. “We’re going to bring each other to the top to make the Knicks a competitive team. We can both play with the ball, we can both play off the ball, so it might be great for us.”
  • The Raptors‘ trade of Bruno Caboclo to the Kings for Malachi Richardson may not be a major deal on a blockbuster deadline day but it has salary cap implications, Josh Lewenberg of TSN writes. Trading Caboclo sheds nearly $1MM in salary, which gives Toronto flexibility to fill its 15th roster spot without going over the tax line.
  • Despite numerous rumors entering the deadline, the Celtics ultimately kept Marcus Smart. Greg Monroe‘s deal with Boston also became official and the chase for Eastern Conference supremacy continues. Adam Himmelsbach of the Boston Globe spoke to general manager Danny Ainge about the deadline, Smart staying in Boston, and the team’s future — including plans to explore the buyout market.

Knicks Acquire Emmanuel Mudiay In Three-Team Trade

7:51pm: The three-way trade is now official, according to press releases issued by the Knicks and Nuggets.Emmanuel Mudiay vertical

1:09pm: Denver, New York and Dallas have reached agreement on a three-team trade that will send Emmanuel Mudiay to the Knicks, Devin Harris to the Nuggets and Doug McDermott to the Mavericks, reports Adrian Wojnarowski of ESPN.

The deal also includes a swap of second-round picks, Woj adds, with Denver receiving the Clippers’ 2018 second-rounder from the Knicks. The Mavericks will be getting the Trail Blazers’ 2018 second-round pick from the Nuggets.

The Knicks are adding to their options at point guard by taking on Mudiay, who was the seventh player selected in the 2015 draft. He was given the starting spot as a rookie, but has drifted into a reserve role as shooting problems have slowed his progress. He joins 2017 first-rounder Frank Ntilikina in New York’s backcourt, along with veteran Jarrett Jack and Trey Burke. Mudiay is owed nearly $4.3MM for next season and is eligible for a rookie contract extension in the summer of 2019.

Harris, who will turn 35 later this month, brings a veteran presence to Denver’s backcourt for the rest of the season. He is averaging 8.5 points in 44 games and has an expiring contract worth a little more than $4.4MM.

McDermott, part of the package the Knicks received in exchange for Carmelo Anthony, averaged 7.2 points and shot .387 from 3-point range in 55 games for New York. This is the third trade in the past 12 months for McDermott, who will be a restricted free agent this summer.

Photo courtesy of USA Today Sports Images.

Knicks Waive Johnny O’Bryant

FEBRUARY 8: The Knicks have officially waived O’Bryant, the team announced today (via Twitter).

FEBRUARY 7: The Knicks don’t intend to keep the player they acquired from the Hornets in the Willy Hernangomez trade, according to GM Scott Perry, who told reporters today that forward Johnny O’Bryant will be waived (Twitter link via Adam Zagoria of SNY.tv).

[RELATED: Knicks trade Willy Hernangomez to Hornets]

O’Bryant, 24, appeared in 36 games for Charlotte this season, averaging 4.8 PPG and 2.6 RPG in 10.5 minutes per contest. Before joining the Hornets as a free agent last March, the former LSU standout had also spent time with the Bucks and Nuggets over the course of his four-year NBA career.

Although Hernangomez has a modest $1.4MM cap hit, he’s earning more than the minimum, so the Hornets couldn’t have used the minimum salary exception to acquire him. With no cap space or trade exceptions available, Charlotte had to send out O’Bryant for salary-matching purposes. The Hornets will be ineligible to re-sign the young forward if and when he clears waivers.

As for the Knicks, the decision to cut O’Bryant signals that the Hernangomez was all about landing those two future second-round picks. New York will keep O’Bryant’s $1.52MM cap hit on the books, assuming he goes unclaimed on waivers, and will open up a spot on their 15-man roster once the transaction becomes official.

Trade Deadline Notes: Evans, Hill, Hood, Mavericks

One of the most important deadlines on the NBA calendar is less than 24 hours away, and teams are preparing their best offers as we head for 2:00pm Central. We’ll find out soon if any more franchise-altering moves are in store for this season, but in the meantime here are some Wednesday night trade rumors:

  • The Celtics remain in the running for Grizzlies guard Tyreke Evans, but there’s a sense that Memphis is getting better offers elsewhere, according to Steve Bulpett of The Boston Herald. A GM from another team tells Bulpett that Boston is waiting to swoop in if talks with those other clubs fall apart. Evans’ value figures to have increased after Lou Williams agreed to an extension with the Clippers today, taking one high-scoring guard off the market.
  • Multiple teams have shown interest in George Hill, but the Kings don’t want to take on bad contracts, reports Jason Jones of The Sacramento Bee. The Cavaliers have been the team most prominently linked to the veteran guard, but Jones says the Rockets and others have contacted Sacramento about Hill. Houston could match salaries with Ryan Anderson, but he is owed more than $41MM over the next two seasons and the Kings want to avoid cutting into their future cap space. They are seeking young players and draft picks in return for Hill.
  • Teams have also called the Kings about veterans Garrett Temple, Vince Carter and Kosta Koufos, Jones adds in the same story. Both Temple ($8MM) and Koufos ($8.74MM) have player options for next season, while the 41-year-old Carter is on an expiring deal.
  • Jazz swingman Rodney Hood told Shams Charania of The Vertical that he expects to be traded. “I’ve had great times in Utah, but regardless of where I’m playing, whether it’s there or somewhere else, I’m going to stay professional,” Hood said. “I’m going to stick with it. My gut feeling is that I won’t be here by the deadline. I’ve enjoyed my time here, but I’ve felt isolated the past month and I would not be surprised if I was moved.” 
  • The Mavericks are being offered players by teams trying to unload salary, but they aren’t getting enough incentives to make the deals worthwhile, according to Eddie Sefko of The Dallas Morning News. Sefko lists Jordan Clarkson and Julius Randle of the Lakers and J.R. Smith of the Cavaliers as players who would be available if Dallas doesn’t mind committing the cap space.
  • The Knicks may be in the market for more deals after sending Willy Hernangomez to the Hornets, writes Adam Zagoria of SNY.tv. Kyle O’Quinn and Courtney Lee are the most likely players to be moved.

Jeff Hornacek Gets Vote Of Confidence From GM

Amid speculation that Jeff Hornacek’s job could be jeopardized by what appears to be another lost season, Knicks GM Scott Perry offered a vote of confidence today, writes Adam Zagoria of SNY.tv.

Already five games out of a playoff spot, New York suffered a crushing blow Tuesday night when star forward Kristaps Porzingis tore his left ACL. Perry says he understands the situation and plans to judge Hornacek and his staff by more than just their won-loss record.

“No, we’re not looking to make any changes,” Perry said. “We’re evaluating the entire season. Jeff and his group are working really hard with this basketball team and doing the very best they can and obviously this is an adversity for them to deal with [Kristaps Porzingis] being out, but I’m confident that they’ll be able to do a good job of keeping this team playing hard and playing together. That’s what we’ll be looking at moving forward.”

Hornacek has one season remaining on the three-year deal he signed when he was hired in 2016. He has a 54-83 record during his time in New York and hasn’t developed the Knicks into a playoff contender.

Former Cavaliers coach David Blatt, a longtime friend of team president Steve Mills, has been mentioned as a possible replacement, along with ex-Warriors coach Mark Jackson, who spent nearly seven seasons with the Knicks as a player.

In the wake of Porzingis’ injury, Hornacek plans to devote more minutes to younger players for the rest of the season.

“We’re still trying to win games,” he said. “We’re still trying to develop our guys. This is going to give them an opportunity to get some minutes and see what they can do against NBA guys. We’ve seen some of it, because they practice with us, and we see what they can do against our guys.”

GM: Porzingis Will Return 'Better Than Ever'

The Knicks are still reeling after losing Kristaps Porzingis for the rest of the season and possibly longer, but GM Scott Perry told Brian Hayman of Newsday that a full recovery is expected. At a news conference today, Perry confirmed that Porzingis will need surgery for a torn ACL. The team doesn’t have a timetable for when it expects Porzingis to start playing again, but Perry did offer a bit of hope for Knicks fans.

The injury complicates a huge offseason decision in New York as Porzingis becomes eligible for an extension to his rookie contract. He was in the middle of his most productive year, averaging 22.7 points, 6.6 rebounds and a league-leading 2.4 blocks per game, so a max offer seemed inevitable. However, the injury may change the equation as the Knicks may seek to work out a smaller deal or could let the Latvian star become a restricted free agent in the summer of 2019.

  • Porzingis’ misfortune affects numerous aspects of the Knicks‘ organization, including the future of coach Jeff Hornacek, according to James Herbert of CBS Sports. Hornacek has one more season left on his contract, but he was hired by former team president Phil Jackson and doesn’t have a strong connection to the current regime. Hornacek is 54-83 in a season and a half in New York and may be presiding over another second-half collapse.

Trade Rumors: Chriss, Knicks, Belinelli, Hood

Over at USA Today, Sam Amick and Jeff Zillgitt broke down trade deadline goals for each of the NBA’s 30 teams. While the duo’s round-up mentioned several players already known to be trade candidates, Amick and Zillgitt also identified a few new names.

Kings center Georgios Papagiannis, Timberwolves guard Jamal Crawford, and Nuggets big man Darrell Arthur are among the players who could be available this week, per Amick and Zillgitt. The duo also suggested that a handful of teams are open for business on nearly all of their players. The Hawks are willing to discuss anyone except John Collins; the Mavericks would talk about anyone besides Dirk Nowitzki, Dennis Smith Jr., and Harrison Barnes; and the only players off the table for the Thunder are Russell Westbrook, Paul George, Carmelo Anthony, and Steven Adams.

Here are a few more trade rumors from around the NBA:

  • The Suns appear to be exploring deals involving second-year big man Marquese Chriss, according to Steve Kyler of Basketball Insiders, who tweets that the Lakers are one of a few teams involved. However, John Gambadoro of Arizona Sports 98.7, who is well-connected in Phoenix, tweets that those rumors are “totally false,” suggesting that the club hasn’t discussed deals involving Chriss. Scott Bordow of The Arizona Republic also gets involved, tweeting that the Suns would only consider parting with Chriss in a deal for an established player like Kemba Walker.
  • Having sending Willy Hernangomez to Charlotte, the Knicks continue to take calls about Kyle O’Quinn and Courtney Lee, and are still trying to trade Joakim Noah, says ESPN’s Ian Begley.
  • The Jazz aren’t one of the teams in the mix for veteran guard Marco Belinelli, tweets Tony Jones of The Salt Lake Tribune. According to Michael Cunningham of The Atlanta Journal-Constitution (Twitter link), Belinelli isn’t making the trip to Orlando with the Hawks, as the team continues to mull its trade options.
  • As many as 15 teams have called the Jazz to inquire about trade candidate Rodney Hood, tweets Tony Jones.
  • In an in-depth look at where things stand for the Kings, James Ham of NBC Sports California says the club doesn’t want to take on a bad contract that runs past 2018/19 or impact its young core led by De’Aaron Fox and Bogdan Bogdanovic.

Knicks Trade Willy Hernangomez To Hornets

1:29pm: The Knicks and Hornets have both confirmed the trade, issuing press releases to announce the deal.GETTY Willy Hernangomez vertical

“We’re excited to add a player of Willy’s caliber to our team,” Hornets GM Rich Cho said in a statement. “He showed last season that he can contribute when given the opportunity and we believe that the added depth he provides will benefit our frontcourt rotation.”

In his own statement, Knicks GM Scott Perry said the deal gives the Knicks “valuable” draft picks and better positions the club as it builds for the future.

10:22am: The Knicks are in the process of finalizing a trade with the Hornets that will send center Willy Hernangomez to Charlotte, reports Shams Charania of Yahoo Sports. According to Charania, the Knicks will receive Johnny O’Bryant and a pair of second-round picks in the deal.

Those second-rounders headed to New York will be Charlotte’s own picks in 2020 and 2021, tweets Charania. Michael Scotto of The Athletic adds (via Twitter) that they’ll be unprotected.

A second-round pick himself in 2015, Hernangomez signed his first NBA contract with the Knicks in the summer of 2016 and played 72 games (22 starts) during the 2016/17 campaign. He averaged a respectable 8.2 PPG and 7.0 RPG for New York in just 18.4 minutes per contest in his rookie year, and appeared to be one of the promising young building blocks for the franchise.

This season, however, the arrival of Enes Kanter and the strong play of Kyle O’Quinn have resulted in a significantly reduced role for Hernangomez, who has averaged just 9.0 MPG in 26 contests. Even with Joakim Noah not really in the mix at center for the Knicks this season, there has been little room in the rotation for Hernangomez, prompting the young big man to repeatedly express a desire to play more. We heard earlier this week that the 23-year-old’s reps had requested a trade.

For the Knicks, the move comes on the heels of Kristaps Porzingisseason-ending ACL injury. Entering the season, the team had identified Porzingis and Hernangomez as two core pieces for its rebuild, along with Frank Ntilikina and Tim Hardaway Jr. Now, in the span of two days, Porzingis has potentially been lost until the 2019 calendar year, while Hernangomez is headed to Charlotte.

As for the Hornets, they’ll pick up an intriguing prospect who still has two more years left on his contract after the 2017/18 season. That contract is extremely team-friendly, with Hernangomez set to earn $1.54MM in 2018/19 and $1.68MM in 2019/20. Those modest salaries are especially appealing for the Hornets, whose cap sheet is currently overloaded with eight-figure salaries.

While Hernangomez is a nice pickup for the Hornets, the team runs the risk of creating the same sort of frontcourt logjam that plagued the Knicks. Dwight Howard is the starting center in Charlotte, with Cody Zeller and Frank Kaminsky also earning minutes at the five. It will be interesting to see if the Hornets plan to hang onto all those players through Thursday’s trade deadline.

Since they can take on O’Bryant’s salary using the minimum salary exception, the Knicks will create a very minor trade exception in the swap — it’ll be worth $1,435,750, the amount of Hernangomez’s salary for 2017/18.

Meanwhile, the two draft picks acquired by New York in the deal will essentially replace the Knicks’ own 2020 and 2021 second-rounders, which the team traded to Philadelphia back on draft day in 2015. The Knicks’ return in that trade with the Sixers was the No. 35 overall pick in the 2015 draft — the selection used to nab Hernangomez.