Hoops Rumors is breaking down the 2019 offseason for all 30 NBA teams, revisiting the summer’s free agent signings, trades, draft picks, departures, and more. We’ll evaluate each team’s moves from the last several months and look ahead to what the 2019/20 season holds for all 30 franchises. Today, we’re focusing on the New York Knicks.
Signings:
- Standard contracts:
- Julius Randle: Three years, $56.7MM. Third year partially guaranteed ($4MM). Signed using cap room.
- Bobby Portis: Two years, $30.75MM. Second-year team option. Signed using cap room.
- Taj Gibson: Two years, $18.5MM. Second year partially guaranteed ($1MM). Signed using cap room.
- Wayne Ellington: Two years, $16MM. Second year partially guaranteed ($1MM). Signed using cap room.
- Elfrid Payton: Two years, $16MM. Second year partially guaranteed ($1MM). Signed using cap room.
- Marcus Morris: One year, $15MM. Signed using cap room.
- Reggie Bullock: Two years, $8.2MM. Second year partially guaranteed ($1MM). Signed using room exception.
- Two-way contracts:
- None
- Non-guaranteed camp contracts:
- Amir Hinton: One year, minimum salary (Exhibit 10).
- V.J. King: One year, minimum salary (Exhibit 10).
- Lamar Peters: One year, minimum salary (Exhibit 10).
- Kenny Wooten: One year, minimum salary (Exhibit 10).
Trades:
- Acquired the draft rights to Ignas Brazdeikis (No. 47 pick) from the Kings in exchange for the draft rights to Kyle Guy (No. 55 pick) and cash ($1MM).
Draft picks:
- 1-3: RJ Barrett — Signed to rookie contract.
- 2-47: Ignas Brazdeikis — Signed to three-year, minimum salary contract. Third year team option. Signed using cap room.
Departing players:
- Henry Ellenson (declined team option)
- Billy Garrett (declined team option)
- Mario Hezonja
- Isaiah Hicks (two-way)
- John Jenkins (declined team option)
- DeAndre Jordan
- Luke Kornet
- Emmanuel Mudiay
- Lance Thomas (waived)
- Noah Vonleh
Other offseason news:
- Reggie Bullock underwent surgery for cervical disc herniation.
- Damyean Dotson underwent surgery on torn labrum.
- Hired Mike Miller as assistant coach.
Salary cap situation:
- Used cap space; now over the cap.
- Carrying approximately $112.6MM in salary.
- $767K of room exception still available ($4MM used on Reggie Bullock).
Story of the summer:
As the Knicks and their fans endured a forgettable 17-65 season in 2018/19, optimism persisted that better days were around the corner.
Rumors that free agents like Kevin Durant and Kyrie Irving were strongly considering a move to New York swirled all season long, especially after the Knicks traded Kristaps Porzingis to Dallas to create a second maximum-salary slot.
While the Porzingis blockbuster was criticized by a wide swath of Knicks fans, most of those fans were at least cautiously hopeful that the deal signaled how confident the front office was in landing two stars in free agency. That belief became even more prevalent after team owner James Dolan offered the following assessment in March: “From what we’ve heard, we’re going to have a very successful offseason.”
You know by now how things actually played out. The Knicks weren’t seriously considered by any of the very best free agents on the market, and just hours into free agency – after missing out on its top targets – the organization put out a public statement to address fans’ disappointment, re-wording and re-issuing that statement moments later to insert a mention of the team’s “core of young players” in its rebuilding plans.
Rather than landing a pair of stars to jumpstart their ascent to contention, the Knicks ended up signing a series of veteran role players to short-term contracts. Those players will likely help the franchise win more games in 2019/20, but New York’s coaching staff will have to walk a fine line in balancing playing time for its incoming veterans with minutes for that “core of young players” the club is still determined to develop.
The short-term contracts those veteran free agents signed will allow New York to retain salary cap flexibility for the next two summers. But there’s no reason at this point to expect the Knicks to have any more success recruiting stars in 2020 or 2021 than they did this summer. There’s still plenty of work to be done to rehab the unflattering reputation the franchise has earned in recent years.