THURSDAY, 9:26am: The deal is official, the team announced.
WEDNESDAY, 10:08pm: The Knicks are set to sign Ricky Ledo to a 10-day deal, reports Mike Fisher of DallasBasketball.com (Twitter link; hat tip to Ian Begley of ESPNNewYork.com). New York won’t need to make a corresponding move to accommodate Ledo’s arrival since they’re only carrying 14 guaranteed contracts at the moment, as our list of roster counts shows.
Ledo was waived by the Mavs around the trade deadline to make room for Amar’e Stoudemire. He only appeared in five games with Dallas this season, spending the lion’s share of his time with the Texas Legends, the club’s D-League affiliate. The 22-year-old guard was the 43rd pick in the 2013 draft but hasn’t been given much of a chance to display his skills at the NBA level. Joining the league-worst Knicks might give him a better platform to demonstrate his abilities than he had with the title-hopeful Mavs.
Should Ledo stick around in New York, there’s little chance Thanasis Antetokounmpo makes the roster in 2014/15, as Begley points out (on Twitter). The Knicks were reportedly considering bringing aboard Thanasis, the older brother of Giannis Antetokounmpo, but Ledo’s presence might indicate they’ve moved on from that idea.