Knicks Rumors

New York Notes: Knicks Future, Hart, Quickley, Nets Picks

August 10th, 2023 at 10:59pm CST by Tristan Tucker

With Josh Hart under contract well into the future, the Knicks could turn to extending another core member of their rotation, SNY’s Ian Begley writes. An Immanuel Quickley extension is the logical next step for the Knicks to take before he becomes a restricted free agent next summer. Begley notes that if Quickley and the Knicks are able to come to an agreement on an extension, it would give the Knicks seven players under contract through at least 2024/25, all of which are rotation pieces.

The deadline for the two sides to reach an agreement on an extension is on the eve of the ’23/24 season.

Signing Quickley would put the Knicks on track to surpass the luxury tax line, according to Begley, but owner James Dolan has never shied away from spending luxury tax money in the past.

The Knicks are hard-capped at the first tax apron this season, meaning they can’t spend more than a total of roughly $172MM in team salary. The Knicks are roughly $6.6MM shy of that apron at the moment, according to Begley, which they could use to augment the roster further. If Quickley signs an extension, it would be difficult to trade him until his extension kicks in. Hart is ineligible to be traded until the 2024 offseason.

Begley notes that while Hart’s $81MM of total salary appears large, it won’t account for more than 14% of the team’s salary cap in any year of his deal, which Begley argues is fair value for a starting-level rotation piece.

We have more from the state of New York:

Peter Botte of the New York Post also writes that the Knicks should sign Quickley to a new deal before he becomes a restricted free agent. Quickley, a Sixth Man of the Year finalist, is in the final year of his rookie contract, which is worth approximately $4.17MM. The 6’3″ guard averaged 14.9 points and 3.4 assists per game last season while knocking down 37% of his 5.6 attempts from downtown per game.
Hart’s new four-year, $81MM extension with the Knicks includes a team option on the fourth and final year, according to Fred Katz of The Athletic (Twitter link). That means just $58MM of the contract is guaranteed, with the option being worth $22.3MM in 2027/28. Hart’s extension kicks in during the 2024/25 season.
In a recent article, CBS Sports’ Sam Quinn ranked every traded future NBA first round draft pick. In total, Quinn ranks 56 picks that have shifted hands via various trades. The 2029 Suns first round pick grades out as the most valuable in Quinn’s eyes and that pick belongs to the Nets by virtue of the Kevin Durant trade at last season’s deadline. Quinn argues that it’s hard for teams to win championships and that Phoenix doesn’t have much room to improve beyond the next couple of years since the franchise traded virtually every pick it owned in exchange for Durant and Bradley Beal. In total, Quinn ranked two incoming Nets picks in the top three, and Brooklyn controls four of the top six picks Quinn ranks. The 2029 Mavericks first round pick that now belongs to the Nets via the Kyrie Irving trade comes in at No. 3, while the Suns also owe Brooklyn their unprotected 2027 first round pick and a 2028 first round pick swap, which rank No. 5 and No. 6 in Quinn’s list.

Celtics-Lakers, Bucks-Knicks Among 2023/24 Christmas Day Games

August 10th, 2023 at 8:25pm CST by Tristan Tucker

The full Christmas Day game schedule is now known thanks to Shams Charania of The Athletic (Twitter link). As usual, the holiday features five games, including a matchup between the rival Lakers and Celtics in Los Angeles.

Additionally, the Knicks host the Bucks, the Sixers and Heat play in Miami, the Mavericks and Suns square off in Phoenix, and the Nuggets host the Warriors.

Both the Celtics and the Lakers are expected to be title contenders next season. The Lakers revamped their roster, while the Celtics did the same. Boston made a huge switch-up when they moved longtime Celtic Marcus Smart in a trade that brought in Kristaps Porzingis. By moving Smart, the Celtics committed to playing a bigger lineup, with Porzingis, Al Horford and Robert Williams all expected to have major roles. The Celtics also lost Grant Williams but added Oshae Brissett to help fill the void.

The Bucks and Knicks are both interesting players in the Eastern Conference. Milwaukee fell to the Heat as the No. 1 seed last year, but brought back the majority of their roster, including Brook Lopez to a two-year, $48MM deal and Khris Middleton to a three-year, $98MM deal. Jae Crowder also re-signed. Robin Lopez and Malik Beasley joined Milwaukee in free agency while the team drafted Andre Jackson Jr. and Chris Livingston.

New York didn’t have many moves to make in free agency, with most of their roster under contract. Josh Hart recently extended with the Knicks and they brought in Donte DiVincenzo, who will be squaring off against the team who drafted him. While the Knicks might not end up winning the chip, there’s thought that they improved on a roster that was the No. 5 seed last season.

The Heat and the Sixers may look vastly different by the time Christmas rolls around. Both teams are facing trade requests, but on different sides. Trail Blazers star Damian Lillard asked Portland a trade, with Miami as his preferred destination. There’s no telling when or if the Heat and Lillard will unite. If they do, the Heat immediately become one of the best teams in the NBA, pairing Lillard with Bam Adebayo and Jimmy Butler. If not, they’re likely worse off. Even though they added Josh Richardson, Thomas Bryant and Jaime Jaquez Jr. to their roster, the Heat lost Gabe Vincent and Max Strus, two key playoff contributors. The Heat did make the NBA Finals last season but did so after scraping past the play-in tournament.

Meanwhile, the Sixers saw James Harden request a trade out of Philadelphia and reportedly express a desire to be sent to the Clippers. That hasn’t happened yet, and Harden remains a member of Philly. There’s a chance the Sixers could bring Harden to camp and into the season, but it would be surprising if he was a member of the team by the time Christmas arrives. The Sixers won 54 games last season but losing Harden would hurt. Their best move this season has been to re-sign Paul Reed, but they have no avenue to adding additional talent and any Harden trade to the Clippers is unlikely to bring back a star return. That means an even bigger plate for last year’s MVP Joel Embiid, Tyrese Maxey and Tobias Harris. Additionally, Patrick Beverley and Mohamed Bamba signed with the Sixers this offseason.

Any matchup between the Sixers and Heat is of note, considering Butler’s history in Philadelphia and the unofficial rivalry between the two teams.

The Suns added a new star to their roster while the Mavericks kept their co-star this offseason. While Dallas finished last year outside of the playoffs after trading for Kyrie Irving, the Mavericks doubled down on his pairing with Luka Doncic by signing him to a new three-year, $120MM contract. Dallas fleshed out the rest of the roster by adding Grant Williams, Seth Curry, Richaun Holmes and Derrick Jones Jr. while drafting Dereck Lively II and Olivier-Maxence Prosper.

The matchup between the Suns and Mavericks features a battle between former Nets teammates Kevin Durant and Irving.

We went over the new-look Warriors and defending-champion Nuggets in a previous story.

Charania revealed the opening day matchups earlier today, which likely means the full schedule will be revealed sometime in the near future.

Knicks Sign Josh Hart To Four-Year Extension

August 10th, 2023 at 12:20pm CST by Luke Adams

AUGUST 10: Hart’s extension is official, the Knicks announced (via Twitter).

“Josh’s immediate impact on our team last season — both on and off the court — cannot be understated. … The leadership and competitiveness Josh brings fits perfectly with the culture we are building,” president Leon Rose said.

AUGUST 9: The Knicks and forward Josh Hart are finalizing a four-year contract extension worth $81MM, his agents at CAA Basketball tell Adrian Wojnarowski of ESPN (Twitter link).

Hart, who was traded from Portland to New York on February 9, was ineligible to sign an extension that tacked on more than two years to his expiring contract until at least six months after he was dealt. He and the Knicks are wasting no time in getting something done.

According to Wojnarowski (Twitter link), the two sides are working through the final details of an agreement, which can be officially completed as soon as Thursday.

Hart had the opportunity to reach unrestricted free agency this summer by turning down a $12.96MM player option but decided to pick up that option, creating some extra short-term spending flexibility for the Knicks, who took advantage by signing Hart’s former Villanova teammate Donte DiVincenzo in free agency.

While the Knicks and Hart may not have had a formal agreement in place at the time he exercised his option, there was likely an understanding that they’d work out a longer-term contract once he became eligible to sign one.

The NBA’s new Collective Bargaining Agreement allows Hart to receive a raise of up to 40% on his current salary, with subsequent 8% annual increases. That would work out to a maximum starting salary of $18,144,000 and a four-year total of $81,285,120, which lines up with Wojnarowski’s reporting. We’ll have to wait to see whether the deal is fully guaranteed or includes any options.

Hart averaged 10.2 points, 7.0 rebounds, 3.6 assists, and 1.4 steals in 30.0 minutes per game across 25 regular season appearances after being acquired by the Knicks at February’s trade deadline. He was also an important part of the club’s playoff rotation, starting five of 11 games and averaging 32.1 minutes per night.

The 51.9% three-point percentage that Hart posted after the trade is unsustainable, but he’s capable of knocking down an outside shot (.350 career 3PT%) and is a talented, versatile defender who is a strong rebounder for his position and size (6’5″). The 28-year-old is considered a good fit for head coach Tom Thibodeau‘s system, so it’s no surprise that the team was eager to lock him up for the long term.

Hart was the only member of Team USA’s 12-man roster that didn’t play in Monday’s exhibition game against Puerto Rico, but he’ll likely see some action once he officially signs his new contract. The U.S. team has tune-ups against Slovenia and Spain on tap this weekend, followed by exhibition contests vs. Greece and Germany next week before the World Cup officially tips off later in the month.

Hart’s extension will make him ineligible to be traded for six months. That trade restriction won’t expire until after this season’s deadline, as we detailed on Tuesday.

World Cup Notes: Hart, Giannis, Giddey, Dellavedova

August 10th, 2023 at 10:59am CST by Arthur Hill

Several members of Team USA have new contracts to celebrate this summer as they prepare for the FIBA World Cup, writes Joe Vardon of The Athletic. Josh Hart became the latest player with a new deal, signing a four-year, $81MM extension with the Knicks electronically Thursday morning while the Americans prepared for a pair of exhibition games in Spain.

“It was actually pretty cool, I was just laying down on the training table, getting some treatment, on FaceTime with (his wife Shannon) and signing the contract,” Hart said. “It meant a lot. I wasn’t highly touted coming out of high school, wasn’t highly regarded in the draft, went through free agency the first time and I was restricted, it was a terrible experience for me, so to be able to do this, it’s a dream come true – just being able to have something that can take care of my parents, my family, my kids.”

Other U.S. players also had productive offseasons. Pacers guard Tyrese Haliburton and Timberwolves guard Anthony Edwards both signed five-year, maximum-salary extensions. Cameron Johnson got $100MM over five seasons to stay with the Nets, and Austin Reaves re-signed with the Lakers for approximately $54MM over four years.

“Yeah, that’s my kids’ kids’ money, for sure,” Edwards said. “It don’t matter (which player’s contract we’re talking about), that’s a lot of money.”

There’s more on the World Cup:

Giannis Antetokounmpo traveled to the United States for more testing on his knee before deciding whether to play for Greece, according to Johnny Askounis of Eurohoops. The Bucks‘ medical staff will reportedly work with doctors from the Greek team to determine the best course of action for Antetokounmpo.
Wenyen Gabriel is the most recognizable player for South Sudan, which is preparing for its first-ever World Cup appearance, Askounis adds in a separate story. Other team members with NBA ties include Marial Shayok, Mangok Mathiang and Carlik Jones.
Thunder guard Josh Giddey is ready to become the new on-court leader for Australia, per Olgun Uluc of ESPN. Coach Brian Goorjian plans entrust his offense to the 20-year-old, who is seen as the future of the Australian basketball. “Giddey sets the standard of, eventually you’re gonna be the guy for this program, and he’s an unselfish player, so that sets the standard straight out of the gates,” teammate Jock Landale said. “He’s already embodied the Boomers mentality, and our culture, just through how he plays. It’s gonna come naturally to him, and he’ll fit in really nicely.”
Veteran guard Matthew Dellavedova isn’t part of Australia’s 13-man roster for exhibition games prior to the start of the tournament, according to Eurohoops.

And-Ones: Dort, Brooks, Trade Deadline, Allen, Wade, Riley

August 8th, 2023 at 7:06pm CST by Dana Gauruder

While the focus in this country is on Team USA’s preparation for the FIBA World Cup, Team Canada is also filled with NBA players. It’s looking at the combination of the Thunder‘s Luguentz Dort and the Rockets’ Dillon Brooks to spearhead their defense, according to Eric Koreen of The Athletic.

“We keep our own secrets, as good defenders. … I kind of know what he does, and he kind of knows what I do at the same time,” Dort said. “I’m ready to go to work with him, and it’s going to be tough to go against good defenders like us.”

Brooks said he admires Dort’s approach. “I’ve kind of watched him become a defensive stopper,” Brooks said. “Guys don’t want to deal with that physicality all night.”

Canada plays its tournament opener against France on Aug. 25.

We have more from around the basketball world:

The start of the regular season will be Oct. 24, a week later than usual. However, the trade deadline won’t be pushed back a week, Fred Katz of The Athletic notes in a Twitter thread. The trade deadline remains the second Thursday of February, which falls on the 8th. It’s significant for the Knicks and Josh Hart if those parties reach an extension agreement. A player is not trade-eligible until six months after he signs an extension, so if Hart gets one, he can’t be dealt during the upcoming season.
Longtime NBA player Tony Allen has been sentenced for his role in a $5MM benefits scam, New York court reporter Pete Brush tweets. Allen, who paid back most of the $420K he illegally took before being charged, avoided prison and was sentenced to community service and supervision. Allen expressed remorse for his illegal activities. “I fully acknowledge my individual responsibility and I understand the gravity of my actions,” he said. “As a member of the NBA community I failed to uphold our core values.”
Dwyane Wade will become the first player drafted by the Heat to be inducted into the Hall of Fame. Team president Pat Riley expressed regret that Wade didn’t spend his entire career with the organization, Anthony Chiang of the Miami Herald reports. After playing for Miami for 13 seasons, he had stops in Chicago and Cleveland before returning to the Heat “I was sad to see him go, I was upset that he went,” Riley said about Wade signing with the Bulls. “I knew we could work something out, but we didn’t. We did not work it out the way that he wanted it to be worked out and that’s our fault. I think probably as much as myself and Micky [Arison] and anybody else with the Heat, I think Dwyane went to Chicago and then he went to Cleveland, I think he wanted back as much as any of us wanted him back.” The Hall of Fame induction ceremony is Saturday.

Team USA Notes: Edwards, Hart, Banchero, Young

August 8th, 2023 at 2:18pm CST by Luke Adams

After completing its five-day training camp in Las Vegas, Team USA played its first official exhibition game ahead of this year’s World Cup on Monday and defeated Puerto Rico by a score of 117-74. The U.S. squad was up by just seven points at the half, but outscored the Puerto Ricans by 36 in a dominant second half.

As Tim Bontemps of ESPN writes, Timberwolves guard Anthony Edwards earned a spot in the starting five for Team USA alongside Jalen Brunson, Mikal Bridges, Brandon Ingram, and Jaren Jackson Jr., and showed why he belonged in that group. Edwards scored a team-high 15 points on 7-of-13 shooting while also adding four assists and four steals.

“Anthony was great,” head coach Steve Kerr said. “He fits the FIBA game really well because of his physicality at both ends. He can get through contact. They allow a lot of contact on drives, so he can get through that contact with his strength and then using that same strength defensively, body people up and keep them from penetrating. So I thought he was great, but I thought the whole team really played well.”

The U.S. roster lacks an established scorer with FIBA experience whom the team could turn to for an important late-game basket, leading to speculation that Edwards could emerge as that player. Monday’s performance was a promising start.

Here’s more on Team USA as it prepares for upcoming tune-ups against Slovenia and Spain this weekend:

As Bontemps notes, Knicks forward Josh Hart was the only player who didn’t see any action on Monday vs. Puerto Rico. Team USA said he was out for “rest” purposes, but it’s probably no coincidence that Hart will become extension-eligible later this week — it will be interesting to see if he has an agreement on a new deal in place with New York by the time the U.S. faces Slovenia on Saturday.
Magic forward Paolo Banchero spent some time at center during Monday’s exhibition, and it sounds like Kerr plans to continue using him in that role going forward, per Joe Vardon of The Athletic. “He’s going to play some five,” Kerr said. “One of the things we really found in ’21 in the Tokyo Olympics was having a 5 that can push the ball in transition (as Bam Adebayo did) and create plays is very difficult for FIBA teams to handle. He can play some four, as he showed, but he’ll play plenty of five as well.”
In a separate ESPN.com story, Bontemps shares some early observations about Team USA’s starting five, its plan to lean on smaller lineups, and how using Banchero at the five could help create a “devastatingly effective” second unit offensively.
Within a larger discussion about Team USA during the latest episode of The Hoop Collective podcast (YouTube link), Bontemps, Tim MacMahon, and Brian Windhorst of ESPN express some skepticism that Trae Young will be part of the 12-man roster that represents the U.S. at the Paris Olympics next year, despite his desire to do so. “I heard Trae Young did not make a great case for himself during his previous time in the Team USA program,” MacMahon said.

And-Ones: 2024 Draft, Tavares, Parker, Fisher

August 7th, 2023 at 5:35pm CST by Dana Gauruder

Kentucky freshman forward Justin Edwards tops the 2024 draft list of The Athletic’s Sam Vecenie. Edwards is an athletic, bigger wing who has a well-rounded game, consistently plays hard and has excellent feel for the game, according to the draft expert. Vecenie believes Edwards will be the Wildcats’ top player during the upcoming season.

Edwards is followed by a trio G League Ignite players — forwards Ron Holland, Izan Almansa and Matas Buzelis. USC guard Isaiah Collier rounds out the top five. Vecenie provides details on his top 30 prospects, as well as listing his projected second-round picks.

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Edy Tavares isn’t sure if he’ll sign another contract with Real Madrid, Cesare Milanti of Eurohoops.net relays. Tavares is hopeful he’ll return to the NBA. “I don’t know if I’m going to renew with Real Madrid,” Tavares told Relevo. “The truth is that I have a contract for next year, and I don’t know what to tell you. Yes, I hope we will agree, but the dream of the NBA is there too. I’m not going to deny it.” The 31-year-old center will play for Cape Verde at the FIBA World Cup. Tavares received a contract offer from the Trail Blazers this summer, but his Real Madrid contract includes a significant buyout, which precluded a move stateside. Tavares most recently played in the NBA during the 2016/17 season.
Jabari Parker‘s one-year contract with Barcelona is worth an estimated $2MM, according to Michael Scotto of HoopsHype (Twitter link). It also includes an NBA opt-out clause. The free agent forward and former lottery pick signed with the European team on Monday.
Longtime Lakers player and former Knicks head coach Derek Fisher is now a high school head coach. He has agreed to coach Encino Crespi in northern Los Angeles, according to Tarek Fattal of SBLive Sports. Encino Crespi plays in one of the top leagues in California and has produced NBA players De’Anthony Melton and Brandon Williams.

Eastern Notes: Livers, Bridges, C. Johnson, Brunson, Celtics

August 6th, 2023 at 10:06pm CST by Rory Maher

After being limited to 19 games in 2021/22 — his rookie season — due to a right foot stress fracture he sustained in college, Pistons forward Isaiah Livers now realizes he may have done more harm than good with his strenuous workout regimen last offseason. He appeared in just 52 games during his sophomore campaign in ’22/23, having dealt with multiple injuries.

As Omari Sankofa II of The Detroit Free Press writes, Livers has taken a different, more measured approach this summer in an effort to prepare his body for an 82-game schedule.

“I’ve built a new friendship with the weight room,” Livers told Sankofa. “I feel a lot more explosive, bouncier, and I feel more in control of my body. It’s no secret, the No. 1 thing about me is just avoiding injuries. It’s been some small injuries. I tweaked my workout plan to the point where I won’t have those wear-and-tears, those nagging injuries. I’ve been put on a smart plan where I’m not overworking myself. This is the season. I’m excited and we have big things to look forward to.”

A relentless worker, Livers admits it hasn’t been easy to take a step back, but he knows ’23/24 will be a key season for his future. As Sankofa notes, the former second-round pick will be headed to restricted free agency next summer after Detroit exercised its team option on his contract at the end of June.

Livers also spoke to Sankofa about the return of Cade Cunningham and new head coach Monty Williams, among other topics. It’s an interesting, thoughtful interview and worth checking out for Pistons fans.

Here’s more from the East:

Both Mikal Bridges and Cameron Johnson are thrilled to be able to represent Team USA in international competition, and the Nets are fully supportive of their choices, Brian Lewis of The New York Post writes in a subscriber-only piece. “It seems so much fun,” Johnson said. “You know, I’ve talked to people that have played, I’ve talked to people that have been a part of it. They said it’s such a valuable experience for your career, and you can learn a lot from it. And then you just get the experience to see high level basketball across the world in a different type of environment. So I’m really looking forward to it.”
Knicks guard Jalen Brunson believes playing for Team USA in the World Cup this summer will be beneficial for him entering the 2023/24 season, according to Ethan Sears of The New York Post. “I think it’s another way to get ready for training camp,” Brunson said. “You gotta look at it and see the positives that come out of this, going towards the NBA season. I know I’ll be ready for that. I think for me, my mindset is focused on this and not really worrying about what’s going on ahead right now.”
Brian Robb of MassLive.com covers a number of Celtics topics in a mailbag article. Most of the questions are centered around how the team should fill out the end of the roster. Robb would take a patient approach and thinks free agent big man Christian Wood is an unlikely target for a variety of reasons.

Knicks Notes: Grimes, Randle, DiVincenzo, Brunson

August 5th, 2023 at 5:26pm CST by Arthur Hill

Playing for the Select Team is only part of Quentin Grimes‘ summer schedule as he prepares for his third NBA season, writes Ian Begley of SNY.tv. Once he’s done competing against Team USA in Las Vegas, the Knicks guard will head to Memphis to work out with former NBA All-Star and current Tigers coach Penny Hardaway. He also reached out to ex-NBA guard J.J. Redick and spent two days learning the game from him in the Hamptons.

“Got in a real good workout with him, picking his brain about how he comes off pick and rolls, down screens, pin-downs, floppy action,” Grimes said. “Really just try to take as much as I can from him and incorporate it into … this upcoming season.”

After getting uneven playing time as a rookie, Grimes became a regular member of Tom Thibodeau’s rotation last season, starting 66 of the 71 games he played and averaging 11.3 PPG while shooting 38.6% from three-point range. He’s working to improve at making plays off the dribble and wants to upgrade his defense as well.

“To be effective on the offensive end and guard the best player defensively, you’ve got to be in supreme shape,” Grimes said. “That’s one of the big things I learned from JJ. The way he was coming off screens. You’ve got to be one of the top (conditioned) guys in the league. So I’m definitely trying to make sure I’m in the best shape possible coming into training camp.”

There’s more on the Knicks:

Grimes defended the work ethic of teammate Julius Randle, who battled ankle issues throughout the playoffs, Begley adds. Randle continued to play after aggravating a late-season injury to his left ankle in the series against Cleveland. “It just really shows you that nobody should ever be questioning his toughness, how much he wants it, how much he cares about the team, how much he cares about winning,” Grimes said. “… He cares a lot about this team. He does everything he can possibly (do) to make sure his body is right, to make sure he’s in the best shape possible to make sure he can give it all.”
Grimes told Ethan Sears of The New York Post that he’s excited to have Donte DiVincenzo on the team, even though the free agent addition might cut into his playing time. Sears suggests they might have a training camp battle for a starting wing role. “I think everything you do is competition,” Grimes said. “You wanna have the best players out there every day to make us better. Competing against him, Josh (Hart), Jalen (Brunson), (Immanuel Quickley) is gonna make everybody better, really.”
In addition to giving the Knicks more shooting, Brunson believes DiVincenzo will bring an “edge” to the team in whatever role he plays (Twitter link from Knicks Videos).

Josh Hart: “Hopefully” I’ll Sign Extension With Knicks

August 4th, 2023 at 7:44am CST by Luke Adams

Speaking to reporters on Thursday at Team USA’s pre-World Cup training camp, Knicks forward Josh Hart discussed his decision to pick up his $12.96MM player option for 2023/24, as well as the club’s addition of his former Villanova teammate Donte DiVincenzo.

Perhaps most importantly, Hart addressed his contract situation going forward, expressing a desire to sign a deal that will keep him in New York for multiple seasons.

“Hopefully,” Hart said when asked about a long-term extension, per Ethan Sears of The New York Post. “Opting in, I was gonna take it one day at a time. We get there and then we can start having that conversation. Hopefully — that’s a place where I want to be and a place I want to call home. So we’ll see.

“… It was a hard decision (to exercise the option), but New York is somewhere I wanted to be. And we’ll get to everything else, hopefully later down the line. But opted in, New York is where I want to be. It’s where I want to call home. I feel like that was the best decision to do.”

Hart will become extension-eligible on August 9. He would be able to tack up to four new years onto the final year of his current contract and could receive a raise of up to 40% on his current $12.96MM salary, with subsequent 8% annual increases. That would work out to a maximum starting salary of $18,144,000 and a four-year total of $81,285,120.

The fact that Hart decided to play for Team USA this summer is a strong signal that he and the Knicks intend to get something done sooner rather than later, in Sears’ view. The 28-year-old admitted he had “a little bit” of apprehension about suiting up for the U.S. World Cup team and risking injury before he locked in a long-term deal, but he determined that the opportunity to achieve the dream of representing his country was worth it.

As Ian Begley of SNY.tv writes, when Hart opted into a $12.96MM salary for the coming season rather than declining his option to negotiate a higher salary, it helped generate enough flexibility below the luxury tax line for the Knicks to make a competitive offer for DiVincenzo, who signed a four-year deal worth about $47MM, plus incentives.

The Knicks weren’t DiVincenzo’s only suitor, so Hart may not have known that his option decision would result in a reunion with his former Wildcats teammate. But he said on Thursday that, in picking up his option, he wanted to give New York the “chance to be the best team that it could be and help them compete.” He’s excited for what DiVincenzo will bring to the team.

“He’s a New York style player. That blue-collar, hard work thing – that’s what he does,” Hart said, according to Begley. “He’s going to go defend multiple positions, be tough, be gritty, help us win games. New York is going to love him. He’s definitely a guy that we needed, that we wanted and happy we got.”

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