AUGUST 7TH, 1:31pm: The deal is official, the team announced (Twitter link).
AUGUST 1ST, 4:31pm: Agent Herb Rudoy told Stefan Bondy of the New York Daily News that the contract is fully guaranteed (Twitter link).
JULY 31ST, 3:39pm: The contract will be guaranteed, Charania indicates on Twitter, running counter to previous reports (below).
2:41pm: It’s mostly non-guaranteed, according to Marc Berman and Jonathan Lehman of the New York Post.
2:34pm: It’ll be for the minimum salary, Charania writes in a full story. So, he’d make the $1,356,146 eight-year veteran’s minimum if he remains under contract through the season, but since it’s a one-year deal, the Knicks would only have to pay the two-year veteran’s minimum of $947,276, with the league footing the rest of the bill.
1:55pm: The arrangement is believed to be a training camp deal, tweets Ian Begley of ESPNNewYork.com, which suggests that it is no more than partially guaranteed.
1:11pm: The Knicks and Sasha Vujacic have agreed to a one-year deal, league sources tell Shams Charania of RealGM (Twitter link). David Pick of Eurobasket.com reported Thursday that the sides had engaged in talks. The 31-year-old has appeared in only two NBA games since the 2011 lockout, but it appears his connection with Knicks team president Phil Jackson, Vujacic’s coach when they were with the Lakers, has drawn him back to the Association.
New York is also reportedly expected to sign draft-and-stash prospect Thanasis Antetokounmpo, and adding him and Vujacic would give the Knicks deals with 16 players. New York, at present, has only 11 fully guaranteed contracts, presuming that’s the case for the newly re-signed Lou Amundson, and Wesley Saunders and Darion Atkins seem like longshots to make the regular season roster, so Vujacic seems to stand a decent chance of sticking around for opening night.
Vujacic played parts of seven seasons with the Lakers, mostly with Jackson as his coach, picking up a pair of championship rings in a reserve role. He was a much more prominent figure for the Nets after a trade sent him to New Jersey early in the 2010/11 season, averaging 11.4 points in 28.5 minutes per game, but just as his NBA career seemed to be heating up, he headed overseas. The native of Slovenia has played in Turkey, Italy and Spain since his last full NBA season, stopping back in the NBA only for a single 10-day contract with the Clippers in 2013/14.