7:43pm: The Grizzlies only have about $8MM+ in cap room, but would make an effort to clear more space if Gordon decides he wants to sign with the team, tweets ESPN’s Marc Stein.
6:58pm: Gordon is expected to finalize an agreement tonight, according to Scott Agness of VigilantSports (Twitter link), who says Gordon’s choice is down to the Knicks and Grizzlies.
1:42am: The Knicks are reportedly nearing an agreement with one of the top free agent bigs on the market, Joakim Noah, and have now identified a top perimeter target as well. According to Adrian Wojnarowski of The Vertical (via Twitter), the Knicks are focusing on Eric Gordon and are discussing the parameters of a possible contract.
Marc Berman of The New York Post reported earlier in the evening that Derrick Rose has reached out to Gordon in an attempt to recruit him to New York. A source informed Berman that the idea of pursuing the veteran shooting guard is gaining traction within the organization.
Gordon, 27, is a talented scorer when he’s healthy, having averaged 16.6 PPG with a .383 3PT% over the course of his eight-year NBA career. However, in those eight seasons, he has played just 417 total games, or about 52 per year. During his five seasons in New Orleans, Gordon never played more than 64 games in a season, having dealt with multiple injuries.
While Gordon’s injury history will likely scare some potential suitors away, those health concerns could also help keep his price down. Even if they finalize a deal with Noah, the Knicks should have in the neighborhood of $15MM in cap space available to address their backcourt or wing spots.