Josh Hart

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.

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.”

Atlantic Notes: Harrell, Nets, Hart, Brown

August 3rd, 2023 at 10:45pm CST by Alex Kirschenbaum

Although reserve big man Montrezl Harrell tore the ACL and medial meniscus in his right knee this summer, the Sixers intend to keep him on their roster, at least for the time being, per Keith Pompey of The Philadelphia Inquirer.

Though Pompey notes that Harrell, who inked a one-year, minimum-salary contract to return to the Sixers, most likely will not recuperate in time to play for the team in 2023/24, he believes retaining the former Sixth Man of the Year is the right play. Pompey suggests the Sixers could look to package his salary in a trade later.

Given that Harrell was the third or possibly fourth center on the club’s depth chart, he wasn’t likely to have played major minutes anyway. The 6’7″ vet averaged 5.6 PPG and 2.8 RPG in 2022/23, his lowest numbers since his 2015/16 rookie season.

There’s more out of the Atlantic Division:

The Nets still have three roster spots – including one two-way slot – open ahead of training camp this fall, Net Income of Nets Daily writes. Net Income notes that the team still has its bi-annual exception and full mid-level exception at its disposal, and its $157MM in cumulative player salary puts it $9MM beneath the NBA’s $165MM luxury tax threshold. The free agent market at this point is a bit threadbare, so one wonders if Brooklyn would opt to use more than a veteran’s minimum on any of the still-available personnel.
Knicks swingman Josh Hart becomes extension-eligible on August 9, but as Fred Katz of The Athletic notes, that isn’t stopping him from partaking in Team USA during this month’s FIBA World Cup. Katz writes that the typical move these days for players with big money potentially on the line is to preserve their bodies and avoid possible offseason injuries until a deal is done, but Hart is happy to buck that trend. An extension of his current deal could net him, at most, a four-year contract worth up to $81.3MM.
Although he inked a new five-year, maximum-salary contract extension this offseason, All-Star Celtics wing Jaylen Brown still has one glaring issue in his game: protecting the ball. As Jared Weiss of The Athletic notes, Brown coughed up the ball 66 times during the 2023 playoffs, including eight incredibly costly turnovers in a Game 7 Eastern Conference Finals defeat against the Heat. Weiss takes a look at how Brown might be able to limit this particular problem going forward.

How New CBA Has Impacted Summer Roster Moves

July 29th, 2023 at 9:23am CST by Luke Adams

The restrictions placed on teams above the second tax apron in the NBA’s new Collective Bargaining Agreement didn’t dissuade the Suns from further increasing their payroll in both the short and long term by acquiring Bradley Beal and his four-year, maximum-salary contract. However, the effects of the new CBA were felt by several of the league’s other top spenders, as ESPN’s Bobby Marks, Kevin Pelton, and Tim Bontemps outline in an Insider-only story.

Bontemps points out that the Clippers‘ decision to waive Eric Gordon before his 2023/24 cap hit became guaranteed saved the club $100MM+ in salary and tax penalties. Gordon ended up signing with the rival Suns, which wasn’t an ideal outcome for L.A.

The Celtics, meanwhile, were in position to keep Grant Williams at a fairly reasonable rate, but opted to sign-and-trade him to Dallas rather than bring him back on a four-year deal worth around $14MM per year.

The Warriors reduced their future financial commitments by trading Jordan Poole and his lucrative new four-year extension in a deal for Chris Paul, who is on a pseudo-expiring contract (his 2024/25 salary is non-guaranteed).

As Bontemps writes, forcing high-payroll teams to make difficult decisions on role players was exactly what the NBA intended when it introduced a more punitive second tax apron in the new CBA. Even the Suns, Bontemps notes, were impacted a little by those new rules, given that they opted to fill out their roster with minimum-salary players rather than using their Early Bird rights to re-sign some of their own free agents, like Torrey Craig and Jock Landale.

Here are a few more ways the new Collective Bargaining Agreement has influenced roster moves around the league this summer, per ESPN’s trio:

The new CBA requires teams to spend at least to the minimum salary floor (90% of the cap) before the regular season begins — if they don’t, they’ll forfeit a portion of their share of the end-of-season luxury tax payments (50% in 2023/24; the entire amount in future seasons). As a result, all eight teams that operated under the cap in July have already reached the minimum floor, as Bontemps and Marks observe. Free agents across the board didn’t necessarily reap the benefits of that change, since several teams used their cap room in other ways (trades, renegotiations, etc.), but Bruce Brown was one beneficiary, Pelton writes. The Pacers were able to get Brown on a short-term contract (two years with a second-year team option) by making him their highest-paid player ($22MM) for 2023/24.
The new second-round pick exception looks like a win for both teams and players. According to Marks, this year’s second-round picks have received a total of $47.1MM in guaranteed money so far, up from $36.4MM in 2022. And because the second-round exception requires a team option in either the third or fourth year, there’s no longer a risk for teams of losing a second-rounder to unrestricted free agency (the way the Mavericks lost Jalen Brunson).
The Kings and Thunder took advantage of the fact that the room exception for under-the-cap teams was upgraded to allow for a third year (instead of just two) and a much higher starting salary (it got a 30% bump, separate from its year-to-year increase). In past seasons, Sacramento and Oklahoma City wouldn’t have been able to sign Sasha Vezenkov and Vasilije Micic to three-year contracts worth between $6-8MM per year without using cap room (or the mid-level exception for over-the-cap teams) to do so. This year, they were able to use that cap space in other ways.
The Cavaliers and Rockets took advantage of more lenient salary-matching rules for non-taxpaying teams to give Max Strus and Dillon Brooks bigger starting salaries than they previously would have been eligible for based on the outgoing salaries involved in those sign-and-trade deals.
Hawks guard Dejounte Murray and Kings center Domantas Sabonis were the first two players who took advantage of the fact that veterans signing extensions can now receive a first-year raise up to 40% instead of 20%. It’s possible neither player would have agreed to an extension this offseason without that rule tweak. Knicks forward Josh Hart could be the next player to benefit from that change, according to Marks.

Eastern Notes: Knicks, Sixers, T. Jones, Black

July 28th, 2023 at 8:23pm CST by Rory Maher

The Knicks might not be championship favorites entering 2023/24, but they’re in a strong financial position going forward, without any of the NBA’s 50 highest-paid players, writes Stefan Bondy of The New York Daily News.

As Bondy outlines, the Knicks’ top earners rank just outside the top 50, headlined by point guard Jalen Brunson ($26.3MM, No. 52) and forward Julius Randle ($25.7MM, No. 53). Bondy hears Josh Hart will receive an extension next month in the neighborhood of $75MM over four years (similar to what Ian Begley of SNY.tv reported three weeks ago), while Immanuel Quickley is looking for more than that on a rookie scale deal.

Having good players on reasonable long-term deals should help the Knicks avoid the restrictive second tax apron for the foreseeable future, Bondy notes, and could help the club swing trades in the future.

Here’s more from the Eastern Conference:

Kyle Neubeck of PhillyVoice.com answers several Sixers-related questions in his latest mailbag, writing that the Clippers have been “fairly unserious” in trade offers for James Harden to this point, a sign that teams around the league might not value the former MVP the same way they used to. Neubeck is skeptical Paul Reed will attempt many three-pointers in ’23/24, despite talk of a potential expanded role.
The Wizards‘ acquisition of Tyus Jones flew under the radar a bit due to the bigger names involved in the three-team deal, but he’s a solid player with plenty of desirable attributes. Chase Hughes of NBC Sports Washington examined Jones’ career statistics to get an idea of what he might bring to the table next season.
Anthony Black, who was selected No. 6 overall last month by the Magic, recently spoke to Sam Yip of HoopsHype about a number of topics, including which NBA players he enjoys watching and what he needs to improve on entering his rookie season.

Knicks Rumors: George, Barrett, Hart, Embiid, Roby, Quickley

July 6th, 2023 at 12:28pm CST by Rory Maher

On June 22, the night of last month’s draft, the Knicks contemplated sending the Clippers a trade package that featured Obi Toppin, Quentin Grimes, Evan Fournier and three first-round picks in exchange for star forward Paul George, league sources tell Michael Scotto of HoopsHype.

When New York later agreed to trade Toppin to the Pacers for a couple second-rounders, the Clippers briefly brought up RJ Barrett to take his place in the aforementioned trade framework, says Scotto. The Knicks balked at that proposal, believing the asking was price too steep for George, who will make $45.64MM in 2023/24 and is eligible for an extension this offseason, per Scotto.

The Knicks control multiple protected first-round picks from other teams, so it’s unclear whether the first-rounders Scotto mentioned were protected in some fashion or were their own unprotected picks. Either way, apparently the talks didn’t advance.

Still, the Knicks remain on the lookout for a third star to complement Jalen Brunson and Julius Randle, according to Scotto.

Here’s more on the Knicks:

According to Ian Begley of SNY.tv, Josh Hart will sign a long-term extension with the Knicks in August once he becomes eligible. His maximum extension number would be $81MM over four years, and Begley hears the veteran wing will receive “slightly less” than that figure. It seems highly likely that Hart exercised his player option in order to give the team more financial flexibility in free agency, with a handshake agreement on an extension.
Begley hears from sources who say the Knicks haven’t budged on their asking prices for star players on the trade market, including Damian Lillard and James Harden, and both players are unlikely to wind up in New York. Like Zach Lowe of ESPN, Begley continues to hear the Knicks might be eyeing Joel Embiid in the future.
Prior to using their mid-level exception to sign Donte DiVincenzo, the Knicks were interested in several unrestricted free agents, including Bruce Brown, Max Strus and Yuta Watanabe, Scotto states. Brown signed with the Pacers; Strus landed in Cleveland via sign-and-trade; and Watanabe signed with Phoenix.
Losing Toppin means New York has rotation minutes available at backup power forward. Scotto hears Isaiah Roby will be given an opportunity to win the job, with Hart an option in small-ball lineups. Roby signed with the Knicks on the last day of the ’22/23 regular season, receiving a significant upfront payment ($400K) that suggested he could be in the team’s future plans.
Sixth Man of the Year runner-up Immanuel Quickley‘s floor in a rookie scale extension is expected to be $20MM annually, and Scotto’s sources say the Knicks would consider a deal in that range. However, if the two sides don’t reach an agreement and Quickley continues to improve next season, Scotto says New York might contemplate using him as part of a trade package for a star.

Knicks’ Josh Hart Commits To Team USA For World Cup

July 2nd, 2023 at 4:16pm CST by Rory Maher

Knicks wing Josh Hart has committed to play for Team USA for the 2023 World Cup, which kicks off next month, sources tell ESPN’s Adrian Wojnarowski (Twitter link). Hart confirmed the news by tweeting out American flag emojis.

As Wojnarowski notes, Hart will be the final addition to the 12-man roster that also features his Knicks teammate, Jalen Brunson. The other 10 players who have committed to play are Anthony Edwards, Tyrese Haliburton, Austin Reaves, Paolo Banchero, Mikal Bridges, Brandon Ingram, Jaren Jackson Jr., Cameron Johnson, Walker Kessler and Bobby Portis, per Tim Bontemps of ESPN (via Twitter).

Hart unexpectedly exercised his $12.96MM player option for 2023/24, forgoing free agency. It seems likely that he’ll sign a long-term deal with New York once he becomes extension-eligible in August.

In 76 games (32.3 MPG) with the Trail Blazers and Knicks last season, the 28-year-old averaged 9.8 PPG, 7.8 RPG, 3.2 APG and 1.2 SPG on a .529/.372/.750 shooting line. He’ll bring plenty of energy and toughness to Team USA this summer.

The Americans will start training camp for the World Cup in early August, with their first game scheduled later that month in the Philippines.

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