The New York Knicks’ Summer League roster has finally been revealed. First game is July 14th. Barring some potential sign-and-trades, it will look like this:
UPDATE: Since Toney Douglas, Jerome Jordan and Josh Harrellson were all included in the Marcus Camby trade, they will not be playing for the Knicks’ summer league squad.
I’ve had many people ask me if different financial moves are possible, so here’s a post explaining what the Knicks can offer.
When news broke that Jason Kidd and the New York Knicks agreed to terms on a deal, no numbers were leaked. Now we know that the Knicks are in the midst of working out a sign-and-trade with the Dallas Mavericks for Jason Kidd, so that they can maintain their tax-payer’s MLE for another signing. Should they not come to an agreement, though, the Knicks will likely give Kidd their mini-MLE.
Natural battle tactics dictate that when an army has found itself completely overmatched in a battle, it should retreat, effectively forfeiting the battle, but retaining its resources and important figures for further battles to come. The New York Knicks faced a near impossible challenge in the first round of the NBA playoffs, matching up with the Miami Heat, and in game one the team found themselves outclassed by the eventual NBA champions. The 100-67 trouncing by the Heat certainly gave a huge blow to the ego and confidence of the Knicks, but it did not end the series; the Knicks still had the opportunity to ultimately call it a day, look at the film, and prepare for the next game. That was until the Knicks lost their knight in shining armor. Iman Shumpert may not be the Knicks’ best player, but he is nonetheless a player the Knicks could not live without. If we consider Tyson Chandler the anchor of the Knicks defense, the fortress that defended the rest of the army, then Shumpert was the outer defense of that fortress. The devastating tear of the Anterior Cruciate Ligament (ACL) effectively ended the Knicks’ season and put the Knicks in a tough spot for the upcoming season at the shooting guard position.
The New York Knicks hold the rights to Kostas Papanikolaou – their second round draft pick from this year – and Georgios Printezis – who they acquired the rights to in the Tyson Chandler deal. These two Europeans are leading the way for the Greece National Team, in hopes of qualifying for the Olympic tournament.
Last night, Jeremy Lin and the Houston Rockets came to terms on a four-year deal worth $29.8 million. The deal will give Jeremy $5 million in the first year, $5.2 million in the second year, $9.2 million in the third year and the fourth year is a player option of $9.2 million. Somehow, Jeremy Lin will be signed for less guaranteed money than Landry Fields. After signing Jason Kidd to backup Lin, the Knicks were prepared to match any offer Lin received. As Marc Stein of ESPN said the Knicks “will match any offer on Lin up to 1 billion dollars.”
In a surprising change of events, the New York Knicks have come to terms on a deal with Jason Kidd.
Basically, this is the last 24 hours in Knicks land:
Wednesday morning: It looks like Nash is leaning towards New York and that Shumpert will be traded for him.
Last night, it was learned that Steve Nash will be sign-and-traded to the Los Angeles Lakers for two first round picks (2013,2014), two second round picks (2013,2015), as well as $3 million. The move comes on the heels of several rumors sending Nash to New York.
James “Flight” White and the New York Knicks have come to terms on a one-year, guaranteed minimum deal. White has spent the last two season in Italy, where he was the top scorer in 2010-2011 with 20.1 points a game, and averaged 17.1 points this past year.
Someone should tell the Knicks that point guards are not the only players available during free agency, but they’re set on improving their depth. Steve Nash and Jeremy Lin have stolen the spotlight, but 35-year old Pablo Prigioni has struck up some interest from Knicks personnel.
First reported by Marc Stein, New York Knicks’ restricted free-agent Landry Fields and the Tornto Raptors have come to terms on a three-year deal worth ~$20 million. At this time, the deal is a verbal agreement and cannot be signed until July 11th. When the offer-sheet is signed on July 11th, the Knicks will have three-days to match the offer, or will see Fields cross the boarder.
Tonight, Jeremy Lin released a statement saying that he’s withdrawing from the 2012 Men’s Select Team.
Unfortunately, I am not going to be able toparticipate in the 2012 Men’s Select Team this summer. It was such an incredible honor to be selected, but I have withdrawn my name from the team because of my status as a free agent. I hope to have the opportunity to participate with USA Basketball at some point in the future.
The Houston Rockets signed Omer Asik to a three year, $25.1 million offer-sheet. Multiple reports say it’s very unlikely for the Bulls to match that offer, mainly because of the way it’s laid out. Asik is set to make $5 million in year one, ~$5 million in year two, then will see his salary balloon up to $15 million in the third and final year.