JULY 9TH, 1:28pm: The deal is official, both teams announced. It’s O’Quinn to the Knicks, with cash and the option to switch second-rounders in 2019 to the Magic.
JULY 4TH, 6:04pm: The Knicks have agreed to acquire Kyle O’Quinn via sign-and-trade with the Magic, according to Michael Scotto of Sheridan Hoops (Twitter link). The deal will be for $16MM over four years, according to Adrian Wojnarowski of Yahoo Sports (Twitter link). The contract contains an opt out after the third season, according to Ian Begley of ESPN.com (Twitter link).
Orlando will receive cash considerations as well as the rights to swap a second-round draft pick in 2019, according to Wojnarowski (Twitter link). The Magic had the right to match any offer sheet that O’Quinn signed since they extended a qualifying offer to the 25-year-old.
The big man averaged 5.8 points and 3.9 rebounds in 16.2 minutes per game with Orlando last season. Although he started his NBA career as a center, O’Quinn played over two-thirds of his minutes at the four spot last season, per Basketball Reference.