New York Knicks Rumors | Hoops Rumors

New York Notes: Johnson, Hetzel, McCullar, Jokubaitis, Brunson

July 12th, 2024 at 9:40pm CST by Dana Gauruder

Keon Johnson played on a two-way contract with the Nets last season and is now an unrestricted free agent. He’s trying to earn another NBA deal while playing on Brooklyn’s Summer League team.

Johnson appeared in five Nets games last season.

“It’s really their interest that they’ve shown to me at the beginning,” Johnson told Brian Lewis of the New York Post. “Brooklyn had interest in me during the draft. They couldn’t get me in the draft, but really just having an organization around me that is hands-on and wants to see me grow. So I feel like with the free agency that I have right now, all I’m focused on is just someone giving me the opportunity to play ball. I feel like everything else will settle itself whenever I step out onto the court. But right now I’m just focused on step [one], being on the court and showing what I can do.”

We have more New York notes:

Jordi Fernandez and his Nets coaching staff want to establish their philosophy and approach during the Summer League, according to Brian Lewis of The New York Post. “From our standpoint, as a group, as a coaching staff from Jordi and also the front office, we don’t see our style of play changing necessarily with our roster compared to the summer league,” Summer League coach Steve Hetzel said. “And that’s the importance of summer league is to set a foundation of how we want to play. … We want our Brooklyn Nets team to be disruptive, physical and help, and we want to play fast and share the ball. So the messaging, it will just carry over into that team.”
Knicks second round pick Kevin McCullar won’t play in the Summer League, The Athletic’s Fred Katz tweets. The 56th pick of the draft out of Kansas is still rehabbing a knee injury he suffered in his final college season.
Rokas Jokubaitis, a 2021 draft pick, is on the Knicks’ Summer League roster but he’s apparently returning to Europe, rather than coming to the Knicks’ training camp. After three years with Barcelona, the draft-and-stash prospect is close to returning to Zalgiris Kaunas in his home country Lithuania, according to Donatas Urbonas of Basket News.
Jalen Brunson‘s extension includes a 15% trade kicker, Katz tweets. The Knicks star guard signed the four-year extension on Friday.

Groups Revealed For 2024 NBA Cup

July 12th, 2024 at 7:28pm CST by Tristan Tucker

The NBA has announced the five-team groups for this year’s in-season tournament, now renamed the Emirates NBA Cup, the league announced in a release on Friday (Twitter link).

Like last year, there are six groups — three each from the Western Conference and Eastern Conference — and each conference was split into five groups based on last year’s standings. One team was selected at random from each group to determine the group round matchups.

The results are:

West Group A: Timberwolves, Clippers, Kings, Rockets and Trail Blazers
West Group B: Thunder, Suns, Lakers, Jazz and Spurs
West Group C: Nuggets, Mavericks, Pelicans, Warriors and Grizzlies
East Group A: Knicks, Magic, Sixers, Nets and Hornets
East Group B: Bucks, Pacers, Heat, Raptors and Pistons
East Group C: Celtics, Cavaliers, Bulls, Hawks and Wizards

The NBA Cup begins with group play, which runs from Nov. 12 to Dec. 3. Each team plays one game against each of the four opponents in its group. The NBA released a matchup matrix to help fans follow along (Twitter link).

Just like last season, the winner of each group advances to a knockout round alongside the team with the best record in each conference that didn’t win a group. The semifinals and finals will again be played in T-Mobile Arena in Las Vegas.

Last year, the Lakers won the inaugural in-season tournament over the Pacers. LeBron James was named the tournament MVP after dropping 24 points in the title game.

The full game and broadcast schedule for group play will be announced next month.

Scotto’s Latest: Jones, Kennard, Martin, Okogie, Knicks, Shamet, Klintman

July 12th, 2024 at 6:31pm CST by Tristan Tucker

The Clippers are showing interest in free agent guard Tyus Jones in sign-and-trade scenarios, Michael Scotto of HoopsHype reports in his latest around-the-league notebook.

While this is just speculation on Scotto’s part, the Clippers could look to use some combination of the expiring contracts of P.J. Tucker and Russell Westbrook or draft compensation and Bones Hyland in sign-and-trade scenarios for the Wizards guard.

Jones, our No. 15-ranked free agent, averaged 12.0 points and 7.3 assists per game last season while shooting 48.9% from the field and 41.4% from beyond the arc.

We have more from Scotto:

The leaguewide expectation is that Luke Kennard will return to the Grizzlies after the organization declined his team option before free agency, Scotto writes. Kennard averaged 11.0 PPG on 45.0% shooting from deep last season.
As we noted earlier Friday, it’s likely the Sixers look to use newly signed KJ Martin‘s contract as a trade chip when he becomes eligible to be moved on Jan. 15. The Sixers could trade for a player making $14MM if they packaged Martin alongside three minimum-salary players in a trade.
The Suns gave Josh Okogie a similar deal to what Martin got and could also look to utilize his salary as a trade chip, Scotto reports. However, unlike Martin, Okogie’s deal can’t be aggregated with other players on Phoenix’s roster due to the team’s position relative to the second tax apron.
The Knicks are trying to add both size and shooting to their roster this offseason, Scotto writes. Davis Bertans has previously been mentioned as an option for the Knicks, and they’re also expressing interest in free agent guard Landry Shamet. As reported, New York has shown interest in Walker Kessler but Utah’s asking price remains high. Meanwhile, Precious Achiuwa remains open to a return to New York.
Outside of the Knicks, Scotto reports that Shamet has drawn “exploratory interest” from the Bucks, Heat and Timberwolves. A return to the Wizards isn’t out of the question either.
The Pistons are attempting to finalize a contract with their No. 37 overall pick Bobi Klintman. Klintman is expected to end up on the 15-man roster on a multiyear contract, according to Scotto. The Pistons were intrigued by his size and shooting ability and are hoping to have him on a standard deal.

Jalen Brunson Signs Four-Year Extension With Knicks

July 12th, 2024 at 4:55pm CST by Tristan Tucker

4:55pm: Brunson’s extension with the Knicks is now official, according to a team press release (Twitter link).

“Jalen signing his extension to remain with the Knicks for the long-term shows the dedication and passion he has for the organization, the fans and this city,” Knicks president Leon Rose said in a statement. “Jalen has often called the Knicks his family and we are beyond proud to have him wear and represent our orange and blue for years to come. Jalen has embraced every challenge since he’s come to New York and has been committed since day one to the vision and plan we set forth for the future of this team.

“Since Jalen joined us two years ago, he has consistently led by example and continues to show a willingness to sacrifice for this organization, his teammates and everyone in the Knicks family.”

4:10pm: Knicks star guard Jalen Brunson has agreed to a four-year, $156.5MM contract extension, Adrian Wojnarowski of ESPN reports (Twitter link).

As Wojnarowski observes, the deal is a massive financial concession for a contender, since Brunson could have been eligible for a five-year, $269MM deal next offseason. By signing an extension now, Brunson is allowing the Knicks to maintain some spending power to retain a contending core — highlighted by Brunson, Julius Randle, OG Anunoby, Mikal Bridges, Josh Hart and more — for at least the next few seasons.

Because Brunson can’t receive more than a 40% raise on his 2024/25 salary of $24,960,001 in the first year of an extension, his new deal will start at $34,944,001 in ’25/26, replacing the player option on his current contract.

It’s an unprecedented move for the All-Star guard who finished fifth in MVP voting last season. The deal does cost Brunson $37.1MM over the next three years, but there’s a way for the Villanova product to recoup the value he’s sacrificing in the short term down the line. Brunson’s deal includes a fourth-year player option. He could sign a four-year, $323MM extension in 2028 or a new, five-year, $418MM deal in 2029.

The Knicks signaled their belief in this being a championship core when they traded multiple first-round picks to acquire Bridges earlier this summer. Bridges is only under contract for two more seasons at a modest AAV of $24.1MM over those two seasons. With Brunson taking this short-term paycut, the Knicks have more flexibility to re-up Bridges for the long term. Bridges is eligible for a four-year, $156MM deal next offseason — if he were to sign that deal, it would represent another below-market rate to help keep this Knicks team together.

This move by Brunson also allows New York to duck the second apron in the first year of the extension, thereby allowing them to dodge the restrictive penalties that would have followed.

According to Fred Katz of The Athletic, Brunson will receive a 50% advance on his salary at the start of each season of the extension (Twitter link).

A solid rotation player in Dallas during the first four years of his career, Brunson has become a star over the past two seasons with New York, averaging 26.5 points and 6.5 assists while shooting 48.4% from the field and 37.3% from beyond the arc during that time. Those two seasons have been among the most successful in recent Knicks history. The team’s .610 win percentage last season has only been topped once since 2000 (in 2012/13).

Atlantic Notes: Whitehead, Bridges, MacDonald, Embiid

July 11th, 2024 at 10:57am CST by Dana Gauruder

With Mikal Bridges joining the other New York City team, Nets forward Dariq Whitehead knows he could be in line for more playing time next season, Adam Zagoria of NJ.com writes. Whitehead has undergone foot and shin surgeries that limited him to two NBA appearances in his rookie year after getting selected with the No. 22 pick.

“I look at it as an opportunity for me to get on the court and a bunch of other young guys to grow our games and develop into who we want to be in the NBA,” Whitehead said. “And eventually be on their level, if not higher than where they were….and look it as an opportunity for us young guys.”

We have more from the Atlantic Division:

Speaking of Bridges, he’s not worried about fitting in with his new Knicks teammates, some of whom played with him collegiately at Villanova, Zach Braziller of the New York Post relays. “I think it’s not going to be that hard honestly,” Bridges said. “I think it’s just knowing the brand we play here, and playing the right way is who I am. It’s like a natural thing. It’s kind of like going to [Team] USA, kind of the same thing where obviously, going to USA last year, the role’s going to change.”
The Long Island Nets, Brooklyn’s NBA G League affiliate, have named Matt MacDonald their general manager, according to a press release. “We are excited to have Matt step into this role and lead our G League program with the Long Island Nets,” Brooklyn Nets GM Sean Marks said. “Since starting out in our front office, Matt has continually been elevated into a variety of positions spanning both player personnel and administration and has proven to have the acumen and diverse skillset required to thrive with each opportunity.” MacDonald was Long Island’s assistant GM for the last two seasons.
Sixers superstar Joel Embiid says any concern about him getting injured during Team USA’s Olympic run is overshadowed by his quest for a gold medal, according to Shaun Powell of NBA.com. “For me, being part of the Olympics was always the goal. It was an opportunity and a chance I couldn’t pass up. And I don’t think there is a big risk,” he said.

Eastern Notes: Fernandez, Fernando, Trent, Jokubaitis, Magic

July 10th, 2024 at 12:02pm CST by Luke Adams

The Nets agreed to trade Mikal Bridges just two months after they hired Jordi Fernandez, but Brooklyn’s new head coach said he wasn’t caught off guard by that move. As Brian Lewis of The New York Post writes, moving Bridges was a scenario that had been discussed with Fernandez before he took the job.

“We know that we wanted to do something sustainable and we wanted to win and build something very special. There were different avenues to do it, and this was a possible one,” Fernandez said. “We just couldn’t control if something (big came), what other teams would offer, so we’d just have to sit and wait. And (general manager Sean Marks) had his different avenues to get there. When the opportunity presented itself, he called me. I knew before it came out to the media, and I was very excited because I know how the NBA works and I know how good you can get when you have assets, flexibility and so and so forth. So I’m just very excited.”

Marks also confirmed that he and Fernandez talked about the possibility of a Bridges trade, explaining that he wanted to make sure the head coach knew what he was getting into when he accepted the Nets’ offer.

“It’s very important to be upfront when you’re hiring a coach — or any staff member for that matter — for them to know there’s a variety of different pathways we can go down,” Marks said. “We knew the flexibility that we had in terms of the roster, the cap, the salaries that we have, this (outcome) could be one of them. We’re not going to shy away from that. So, he knew well ahead that this was an avenue that we could be going down and has bought in completely.”

Here are a few more notes from around the Eastern Conference:

Having already pushed back his salary guarantee date from June 29 to July 10, the Hawks are talking to Bruno Fernando‘s camp about postponing that deadline again, tweets Lauren L. Williams of The Atlanta Journal-Constitution. Fernando has some incentive to give Atlanta more time with that decision if it increases his odds of remaining on the roster and earning his full $2.72MM salary for 2024/25.
Following up on reporting that suggested the Raptors had been willing to offer free agent wing Gary Trent Jr. a deal worth $15MM per year when their negotiating window first opened, Michael Grange of Sportsnet (Twitter link) clarifies that most conversations the team had about Trent were internal. The front office discussed potential contract frameworks rather than formally putting an offer on the table, Grange says, adding that the Raptors told Trent’s camp after the draft that they were going in a different direction.
Knicks draft-and-stash prospect Rokas Jokubaitis, the No. 34 overall pick in 2021, will be with New York’s Summer League team this month for the first time in three years, writes Stefan Bondy of The New York Post. Jokubaitis, who is under contract with Barcelona for one more season, would have been unavailable for Summer League if Lithuania had qualified for the Olympics, but the Lithuanians fell to Puerto Rico in the qualifying tournament final on Sunday.
The Magic have quietly aced the offseason, according to Michael Pina of The Ringer, who wonders if Orlando is capable of becoming next season’s version of the 2023/24 Thunder and making the leap from solid team to one of the best in the conference.

Atlantic Notes: Simmons, Clowney, Bridges, Barnes, Quickley

July 9th, 2024 at 9:05pm CST by Dana Gauruder

Ben Simmons‘ agent tells The New York Post’s Brian Lewis that his client will be 100 percent by the start of next season, but there’s plenty of uncertainty regarding his future. The Nets guard played just 15 games last season before he was shut down due to lingering back issues.

“Ben has been doing his rehab and prep work for the upcoming season in Miami. He is through the rehab stage and has moved on to strength and conditioning,” Simmons’ agent, Bernard Lee, said. “Because there have been so many starts and stops previously I’ll simply say he’s in a great place and the expectation is he’s able to start the season 100 percent of himself ready to go.”

Where Simmons fits into the team’s plans next season is unclear. Given his health issues, his value to the club at this point is centered around his $40.3MM expiring deal, which will open up ample cap space next summer if he’s not traded.

We have more from the Atlantic Division:

With the Nets trading Mikal Bridges and going into a rebuild, Noah Clowney could get an expanded role in his second season, Lewis notes. Clowley was selected with the 21st pick in 2023. “It’s an opportunity [for me] so I can’t [waste it],” Clowney said. “No shade to [Bridges]; that’s my dog. I love him; but to see us going into more of a rebuilding standpoint, that’s an amazing opportunity to me, and I gotta try to take advantage of that.” Just trying to build with what we’ve got is my main focus. The picks, I leave that to the people who decide all that; I just try to do my part, play hard and be enthusiastic about everything we’re doing. So, opportunities will be fun.”
Bridges expressed his exhilaration over joining the Knicks, where expectations will be sky-high for their first championship since 1973, according to ESPN’s Chris Herring. “It’s surreal. Coming here, it makes me feel like a young kid again, with all the memories. When I think about basketball when I was young, and the old school, it was always the Knicks,” Bridges said during an introductory press conference. “That’s what you think about. MSG. The New York song. All that stuff.”
The Raptors are betting big that they can build around Scottie Barnes and Immanuel Quickley, Michael Grange of Sportsnet writes. Both players were rewarded with five-year contracts this offseason. To back the front office’s commitment, Barnes needs to play well enough to be considered for an All-NBA team and Quickley needs to become an All-Star level guard, Grange says.

Atlantic Rumors: Trent, Quickley, Knicks, Kessler, Bertans, Celtics

July 9th, 2024 at 10:25am CST by Luke Adams

Although the Raptors haven’t entirely closed the door on the possibility of bringing back free agent wing Gary Trent Jr., his return appears increasingly unlikely based on how the team’s offseason has played out, says Josh Lewenberg of TSN.ca.

As Lewenberg observes, Toronto sacrificed much of its cap flexibility by taking on salary in a trade with the Kings and exercising Bruce Brown‘s team option. The club also added a wing in the first round of the draft, selecting Ja’Kobe Walter with the 19th overall pick. The 15-man roster is now full, with little breathing room below the luxury tax line.

When the Raptors’ negotiating window with Trent opened last month, they were willing to offer him an annual salary in the neighborhood of $15MM, a source tells Lewenberg, but the swingman’s camp was seeking a raise on last year’s $18.5MM salary, possibly up to $25MM or so.

Toronto wasn’t prepared to meet that price, and it doesn’t look like there are any rival suitors who will go that high either. One league insider tells TSN that Trent would be lucky at this point to receive the full mid-level exception (worth about $12.9MM). The Raptors no longer have on offer on the table for the 25-year-old, according to Lewenberg.

Here’s more from around the Atlantic:

The Jazz and Spurs, among other teams, had “real” interest in restricted free agent guard Immanuel Quickley before he agreed to sign a five-year, $175MM contract with the Raptors, Lewenberg writes, which is one reason why that deal came in higher than expected. Quickley’s new deal will be worth a flat $35MM across all five seasons, Lewenberg adds, so it’ll start at just under 25% of the salary cap in 2024/25 but that percentage will drop each year as the cap increases.
Echoing previous reporting, Ian Begley of SNY.tv (Twitter video link) confirms that the Knicks have inquired on Walker Kessler, but says he’d be surprised if New York makes a deal for the third-year center, given the Jazz‘s asking price, which includes “at least” a first-round pick.
The Knicks are among the teams that have expressed some level of interest in free agent sharpshooter Davis Bertans, sources tell Michael Scotto of HoopsHype (Twitter link).
After the Celtics officially re-signed centers Xavier Tillman, Luke Kornet, and Neemias Queta, director of player personnel Austin Ainge said he’s “extremely grateful” to have all those players back and suggested that one or more of them could have landed more lucrative deals elsewhere. “We had some guys turn down more money other places to come back,” Ainge said, according to Brian Robb of MassLive.com. “It feels really good that guys we care about a lot to come back and go for another run.”

New York Notes: Nets Rebuild, Bridges, Thomas, Brunson, Hartenstein

July 8th, 2024 at 9:03pm CST by Dana Gauruder

With the stash of assets acquired in the Kevin Durant, Kyrie Irving and Mikal Bridges deals, Nets general manager Sean Marks doesn’t think the franchise will require a lengthy rebuild, according to Brian Mahoney of The Associated Press.

“This build, do I think it’s going to take time? I mean, I think we’ll be strategic in it,” he said. “But I do think being in this market, with this amount of draft assets, we’ve done it before. And so again, I think, not that it’s going to be expedited by any means, but I don’t think it’s a long process, either.”

Marks clarified that Bridges did not request a trade, adding that New York’s offer was so strong, he couldn’t pass it up. Reports at the time of the deal suggested the forward was interested in joining the Knicks but didn’t necessarily ask to be traded there.

“I think it’s been reported that Mikal wanted to leave or requested a trade. That could not be further from the truth,” Marks said. “That’s just not in Mikal’s character. That’s not who he is and that definitely did not happen. He was told by me when I called him and let him know that we’re at the two-yard line.”

We have more on the New York teams:

Nets guard Cam Thomas has joined Octagon as his representative, the agency tweets. Thomas is extension eligible this offseason, otherwise he’ll be a restricted free agent next summer. Thomas averaged 22.5 points, 3.2 rebounds and 2.9 assists in 66 games last season.
Jalen Brunson is pondering whether to sign an extension this summer, Fred Katz of The Athletic reports. Brunson could opt for long-term security now, instead of taking any chances by waiting until next offseason. He’s also well aware of how the new tax aprons could hamper the Knicks’ ability to make future moves. However, while he could ink a four-year extension this offseason worth around $156.5MM, he would be eligible to sign a max five-year contract worth a projected $269.1MM next summer. New York can put its extension offer on the table as early as this Friday and Brunson knows it’s coming, Katz writes.
With Isaiah Hartenstein in Oklahoma City and several free agent centers already committed to other teams, where can the Knicks find depth in the middle? The New York Post’s Peter Botte takes a look at some other free agent big men still available, along with potential trades the front office could pursue to fill that need.

Knicks Sign Ariel Hukporti On Two-Way Deal

July 8th, 2024 at 6:04pm CST by Dana Gauruder

8:06pm: The signing is official, the team’s PR department tweets. It’s a one-year deal, The Athletic’s Fred Katz tweets.

6:04pm: The Knicks are signing the last pick of the draft, Ariel Hukporti, to a two-way contract, Michael Scotto of HoopsHype reports (Twitter link).

The German-born big man spent the 2023/24 season in Australia with Melbourne United, averaging 8.4 PPG, 7.0 RPG and 1.5 BPG in 28 games (18.4 MPG).

New York made multiple trades in the second round and wound up with the final pick in the draft, where it snagged Hukporti. All of the Knicks’ two-way slots are open, though they have a two-way qualifying offer on the table for Jacob Toppin.