New York Knicks Rumors | Hoops Rumors

Knicks Exercising Team Option On Miles McBride

June 29th, 2023 at 3:21pm CST by Rory Maher

The Knicks are exercising their $1.84MM team option on Miles McBride for 2023/24, league sources tell Fred Katz of The Athletic (Twitter link).

The 36th pick of the 2021 draft after two years at West Virginia, McBride just finished his second NBA season, both with the Knicks. The 22-year-old point guard had a limited role in ’22/23, averaging 3.5 PPG on .358/.299/.667 shooting in 64 games (11.9 MPG).

However, McBride is an excellent defensive player who makes a real difference on that end of the court, so it’s not surprising that his minimum-salary option was exercised. As our team option tracker shows, the Knicks previously declined their option on Derrick Rose‘s contract, making him an unrestricted free agent.

Eastern Notes: Hornets, Quickley, Bulls, Dobner

June 29th, 2023 at 8:44am CST by Arthur Hill

A report last Thursday that the Hornets were giving renewed consideration to taking Scoot Henderson with the No. 2 pick was a late attempt to get the Trail Blazers to trade up, Jake Fischer of Yahoo Sports said on the Basketball Illuminati Podcast.

“I don’t think this was done (with) betting markets, conspiracy, blah, blah, blah,” Fischer said (hat tip to Real GM). “I think the Hornets tried to get a little savvy.”

Fischer points out that Charlotte general manager Mitch Kupchak tried a similar tactic in 2015 when he had the No. 2 pick as GM of the Lakers. Kupchak was deciding between D’Angelo Russell and Jahlil Okafor and didn’t communicate to their agents what he planned to do.

“I believe the Hornets did not tell Brandon Miller or Scoot until right on the clock that they were going either direction to continue that misdirection, mystery or whatever you call,” Fischer added. “I think it was a concerted effort by the Hornets to drum up some trade interest there.”

There’s more from the Eastern Conference:

An NBA executive tells Sean Deveney of Heavy.com that he thinks Immanuel Quickley will want “nine figures” over four years in his extension talks this summer. The Knicks guard helped his bargaining position with an outstanding third season that saw him finish second in the Sixth Man of the Year voting. “I can’t say the Knicks will go that high but they might have to,” the executive said. “He is not a guy you want to send to restricted free agency.”
The Bulls didn’t address their need for outside shooting in the draft, so they’re likely to look for shooters in free agency, per Darnell Mayberry of The Athletic. Chicago’s only pick was Julian Phillips, who shot 23.9% from behind the arc on 46 attempts last season at Tennessee. The Bulls ranked last in three-point attempts per game the past two years, and general manager Marc Eversley believes recently hired shooting coach Peter Patton will help. “Peter comes to us not only as a shooting coach but somebody who can oversee our player development function,” Eversley said. “… And we feel like he can help the overall look and feel of how we play the game and shoot the ball.”
Sidney Dobner will be the first female assistant coach in the history of the Bucks, the team stated in a press release announcing Adrian Griffin‘s staff. This will be Dobner’s sixth season with the franchise.

Trade Rumors: LaVine, Garland, Rockets, Clippers, Blazers, Bucks

June 28th, 2023 at 11:38am CST by Luke Adams

The Bulls have engaged with “several” teams about the possibility of a Zach LaVine trade this offseason, but haven’t gotten serious about moving the high-scoring guard, reports Jake Fischer of Yahoo Sports.

As Fischer explains, LaVine’s pricey long-term contract will make potential trade partners wary about giving up a substantial package of players and draft picks, but the Bulls would be seeking a return that far outweighs what Washington got for Bradley Beal last week.

Fischer names the Knicks and Mavericks as possible teams to watch for LaVine, but immediately throws cold water on the likelihood of either club emerging as a legitimate suitor in the near future. New York seems to be taking a more patient approach to building its roster, according to Fischer, who adds that Dallas was viewed as a more serious threat for LaVine before acquiring Kyrie Irving as a co-star for Luka Doncic.

Here are a few more trade-related notes and rumors from around the NBA:

Despite some speculation to the contrary, the Cavaliers haven’t had any discussions about trading Darius Garland and have no intention to move the All-Star point guard, sources tell Chris Fedor of Cleveland.com (Twitter link). The Cavs appear focused on pursuing roster moves that don’t involve trading any of their four cornerstone players (Garland, Donovan Mitchell, Evan Mobley, and Jarrett Allen).
In addition to Kenyon Martin Jr., the Rockets have gauged potential trade interest in young players like Usman Garuba and Josh Christopher, sources tell Fischer.
Norman Powell and Marcus Morris have both been mentioned in recent days as trade candidates. According to Fischer, the Clippers have been canvassing the league to see what a package of both players might return.
No clear suitors have emerged for guard Anfernee Simons, who looks like the Trail Blazers‘ most obvious trade chip, says Fischer. According to Fischer, the Blazers and Cavaliers had some brief talks about Nassir Little prior to the draft, but didn’t gain any real traction toward a deal.
ESPN’s Zach Lowe said on the latest episode of his Lowe Post podcast that the Bucks had some “relatively serious” internal conversations about John Collins before he was dealt to Utah. “I do think Milwaukee is looking around for, like, ‘Can we get a little injection of randomness? (An) injection of, like, bounce and athleticism, and just change?'” Lowe said. “Maybe just change more than anything else. But I don’t think (the Collins interest) went anywhere serious.”

Which Teams Might Want Obi Toppin?

June 27th, 2023 at 10:54pm CST by Dana Gauruder

Obi Toppin‘s future with the Knicks seems cloudy and the New York Post’s Peter Botte speculates on potential landing spots for the backup power forward. Botte lists the Pacers, Clippers, Kings and Hawks among the potential trade partners for Toppin, who is eligible for a rookie scale extension this offseason.

Fischer’s Latest: Jazz, Cavs, Wolves, DiVincenzo, Gallinari, More

June 27th, 2023 at 12:47pm CST by Luke Adams

The Jazz‘s trade for John Collins and the Timberwolves‘ extension agreement with Naz Reid are two transactions that could have a ripple effect on other offseason activity, Jake Fischer writes in his latest story for Yahoo Sports.

As Fischer explains, the Jazz were expected to be a player for forwards in free agency, with Celtics RFA Grant Williams among Utah’s rumored targets. The Jazz still project to have cap room available, especially if Jordan Clarkson doesn’t remain with the team, but after adding Collins to a frontcourt that now features Lauri Markkanen, Walker Kessler, and lottery pick Taylor Hendricks, it’s hard to see them spending big on another forward or center, Fischer observes.

As for Reid, the Cavaliers were among the teams that hoped to take a run at him in free agency, sources tell Fischer. It’s unclear whether Cleveland – which should have the full mid-level exception available – will pivot to pursuing another significant frontcourt addition to complement Jarrett Allen and Evan Mobley or whether the club specifically valued Reid highly, Fischer writes.

Meanwhile, opposing executives are curious about how the Timberwolves’ new deal with Reid might affect the rest of their roster. In particular, Fischer says, rival teams are wondering if Minnesota might waive veteran wing Taurean Prince, whose $7.5MM salary for 2023/24 is non-guaranteed.

With Prince on the books, the Wolves likely won’t have access to the full non-taxpayer mid-level exception, and they’re believe to be in the market for a combo guard with size using that MLE, according to Fischer, who names Bruce Brown and Donte DiVincenzo as two possible targets.

Here’s more of Fischer’s latest reporting:

Minnesota is hardly the only team with interest in DiVincenzo. There has been “growing noise” among league personnel about the possibility of DiVincenzo joining the Knicks and teaming up with fellow Villanova alums Jalen Brunson and Josh Hart, says Fischer.
Teams with cap room, including the Pacers, Magic, and Pistons, are believed to be eyeing players like Grant Williams (RFA) and Max Strus, according to Fischer, though he has heard the same rumblings that Marc Stein has about Detroit potentially using its room to make a room at Cameron Johnson. If the Nets bring back Johnson, rival executives are prepared for Brooklyn to make a cost-cutting trade to help accommodate Johnson’s increased salary.
The Wizards are considered likely to reach a buyout agreement with Danilo Gallinari, freeing up the veteran forward to pursue a deal with a team closer to contention, Fischer reports. Gallinari would be ineligible to re-sign with the Celtics in that scenario.
The Rockets are considering high-salary, short-term deals in order to land their preferred targets in free agency, per Fischer, who suggests it might take a maximum-salary offer to lure Fred VanVleet away from the Raptors. VanVleet is rumored to be one of Houston’s top priorities in free agency.
In case you missed it, we passed along more of Fischer’s latest tidbits in a pair of stories earlier today.

Stein’s Latest: Reid, Spurs, Pistons, Johnson, Rose, Porzingis, Jazz

June 26th, 2023 at 8:32pm CST by Dana Gauruder

The Spurs were among the teams who were interested in signing Timberwolves big man Naz Reid before he agreed to a three-year, $42MM extension, Marc Stein reports in his latest Substack article.

San Antonio was seeking a veteran center to ease the burden on No. 1 pick Victor Wembanyama during his rookie season. However, the Spurs may have only planned to offer Reid a one-year deal.

The Mavericks were among the teams with the full $12.4MM mid-level exception available who were known to have interest in Reid, Stein adds.

Here are some more tidbits from Stein:

The Pistons’ interest in Nets restricted free agent Cameron Johnson, which has previously been reported by Stein, is genuine, he reiterates. There’s rising belief around the league that he’s their No. 1 free agent target, even though the Nets have the right to match. Detroit is projected to have over $30MM in cap space.
The Suns, Bucks and Bulls have been mentioned as potential landing spots for Derrick Rose, according to Stein. The Knicks declined to pick up their $15.6MM option on Rose for next season. However, Rose’s time in New York isn’t necessarily over — the Knicks may re-sign him at a lower number if his other options don’t pan out, Stein says.
If Kristaps Porzingis had chosen to decline his player option, the Jazz were prepared to make offer for more money than the Celtics can give him via a two-year, $77MM extension, per Stein. They were also interested in being the third party to facilitate the trade between the Wizards and Celtics. Boston was Porzingis’ preferred destination, however.

A Look At Potential MLE Targets For The Knicks

June 26th, 2023 at 9:58am CST by Arthur Hill

Fred Katz of The Athletic explores 10 potential targets for the Knicks with their non-taxpayer mid-level exception. Katz cites Nuggets swingman Bruce Brown as one possibility, although Brown might be able to exceed the MLE on the open market and he doesn’t solve the team’s need for more outside shooting.

Josh Hart’s Deadline For Player Option Decision Extended

June 24th, 2023 at 8:16pm CST by Arthur Hill

Josh Hart has reached an agreement with the Knicks to extend the deadline on his $12.9MM player option, according to ESPN’s Adrian Wojnarowski. Hart’s decision was originally due by midnight ET today, but that deadline has been pushed back until Thursday.

Re-signing Hart remains a priority for New York, Wojnarowski adds, so the two sides could be working out the details of a long-term contract that would require him to turn down the option. If he declines it without reaching a new agreement with the Knicks, Hart will be unrestricted when free agency begins on Friday.

Hart also has the choice of picking up his option and negotiating an extension off that, Wojnarowski adds, stating that he can start the extension at 140% of his $12.9MM salary. Doing that would enable the Knicks to use their $12.4MM non-taxpayer mid-level exception, Woj points out, adding that New York has about $149MM in guaranteed salary for next season (including Hart’s option), which is $16MM below the projected luxury tax.

If Hart exercises the option without a new deal, he would become eligible for an extension in August that could be worth up to $81MM over four seasons, tweets Fred Katz of The Athletic.

The 28-year-old swingman became a valuable part of coach Tom Thibodeau‘s rotation after being acquired from Portland at the trade deadline. Hart appeared in 25 games after arriving in New York, averaging 10.2 points, 7.0 rebounds and 3.6 assists in 30.0 minutes per night. He also shot 51.9% from three-point range and brought a fiery style that fits in well with Thibodeau’s philosophy.

Knicks To Decline Derrick Rose’s Team Option

June 24th, 2023 at 11:53am CST by Rory Maher

The Knicks plan to decline Derrick Rose‘s $15,596,339 team option for 2023/24, reports Steve Popper of Newsday (subscriber link).

As Popper writes, Rose was beloved throughout the organization, particularly by head coach Tom Thibodeau, but his on-court role in ’22/23 was virtually non-existent after December. He appeared in just one regular season game after the calendar flipped to 2023.

Still, the Knicks valued his leadership and the way he handled being benched, and a reunion on a minimum-salary deal is still a possibility if Rose is unable to find an opportunity for more playing time, Popper adds.

New York had until midnight on Saturday to make a decision on Rose’s option, per Popper.

Overall, Rose averaged career lows in points (5.6) and minutes (12.5) per game across 27 contests. He posted a .384/.302/.917 shooting line in his limited opportunities this past season.

Fred Katz of The Athletic confirms the news (Twitter links), noting that it may not have been as obvious a decision as it might appear on the surface. As Katz previously wrote, picking up Rose’s option could have given the Knicks an opportunity to use him as a salary-matching piece in trades, but now that has been eliminated as a possibility.

The 2010/11 league MVP and former No. 1 overall pick will become an unrestricted free agent and will be able to sign with any team. He was previously linked to the Bulls and Bucks.

The Knicks project to have access to the full mid-level exception in free agency after declining Rose’s option, tweets Ian Begley of SNY.tv.

Jaylen Martin Signs Two-Way Deal With Knicks

June 23rd, 2023 at 1:30am CST by Alex Kirschenbaum

JULY 3: Martin’s two-way contract with the Knicks is now official, per NBA.com’s transaction log.

JUNE 23: Undrafted former Overtime Elite guard Jaylen Martin has agreed to a two-way contact with the Knicks, sources tell Shams Charania of The Athletic (Twitter link).

The 19-year-old averaged 14 points, 5.9 dimes, 1.6 steals, 1.4 rebounds and 0.7 blocks a night across 23.3 minutes per during his lone season with the Atlanta-based developmental league, per Overtime Elite’s official website.

As a two-way signing, the 6’6″ prospect is expected to split his time between New York and the club’s NBAGL affiliate, the Westchester Knicks.

With New York having already agreed to sign former Kentucky forward Jacob Toppin, younger brother of Knicks power forward Obi Toppin, to a two-way contract earlier tonight, two of the team’s three available two-way slots are now accounted for.

It remains to be seen whether or not New York will decide to bring back either of last year’s two-way players, shooting guard Trevor Keels and combo guard Duane Washington, to occupy that third and final two-way contract.