Knicks Waive Ricky Ledo

The Knicks announced (on Twitter) that they have waived Ricky Ledo.  The guard would have had $100K of his salary guaranteed had he remained on the roster beyond Saturday.

Ledo was set to earn the minimum salary for 2015/16 and he had two key dates in his contract – one being August 1st and the other being opening night of the season. On each of those dates, Ledo would have secured separate $100K guarantees. Now that the Knicks have shed Ledo in July, they’re not on the hook for anything.

The Knicks signed Ledo to a pair of 10-day contracts last season before signing him to a deal that covered the remainder of the year.  In 12 appearances for the Knicks, Ledo averaged 7.4 points and 2.8 rebounds in 19.4 minutes per game.  Ledo was waived by the Mavs around the trade deadline last year to make room for Amar’e Stoudemire.  Prior to that, he spent the bulk of the year with the Texas Legends, the club’s D-League affiliate

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10 thoughts on “Knicks Waive Ricky Ledo

    • Gregory Davis

      I believe so too. What kind of players are Phil Jackson looking for. Ledi was a great asset for the Knicks. Phil is losing his DAMN MIND.

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  1. Howard

    Phil must have his eye on someone who wants to play for free. Gave mello all that money . We can’t get a scoring guard

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  2. vernon

    Get rid of Wear too. Ledo dribbles to much and is too careless with the ball.

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  3. Good they got rid of him. He is a good player but very selfish and turnover prone. Never looked in sync with no one it was like he was playing by himself most of the time over dribbling

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  4. Melofor3swish

    Didn’t see this coming.This move is terrible. They should bring him back asap. This goes under phils blunders trading tyson for calderon, trading jr smith and shumpert for nothing in return? NDOUR?/?Forget the offseason free agents we let go 1 of our developing Pg Sg Sf multi position players.
    my question to phil is WTF ARE YOU DOING?/?
    GET THIS GUY BACK/ BTW LET PHIL KNOW JOSE CALDERON IS STILL ON THE TEAM
    “GOOD GRIEF” MSG TICKETS TO WATCH THE KNICKS SHOULD BE $99 DOLLARS FOR COURT SIDE AT THIS POINT IT SHOULD BE BUY 1 GET ONE FREE AT THIS POINT.
    Dear MSG,Your losing money, fans and interest in this team.
    Stupid move phil.

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