Latest On Kristaps Porzingis

Kristaps Porzingis spent much of the summer in Spain rehabbing as he recovers from a torn ACL, but he has remained in close contact with the Knicks.

“KP is engaged — we’re in a good place with him,” team president Steve Mills said of the former No. 4 overall pick during a recent “town hall” forum with season-ticket holders (via Marc Berman of The New York Post).

Mills was asked if having Porzingis sit out for the entire season was the best course of action for the team to take with its top player.

“Our goal is not to do anything that jeopardizes KP’s future as being one of the foundational pieces of this team,” Mills said. “…. We’ll have some medical evaluations of him this week, and we’ll start to develop [what] the right plan is for him, his plan to come back. But we’re not going to do anything that jeopardizes the future of this franchise. We’re going to be consistent and stay true to that.”

The Knicks can offer Porzingis an extension worth approximately $158MM over five years prior to the start of the 2018/19 season. It’s unlikely he’ll receive such as offer, as the team plans to preserve its cap space in hopes of luring at least one max player. Kyrie Irving, Jimmy Butler, and Kemba Walker are among the players who will be unrestricted free agents after the season.

New York will be able to go over the cap to sign Porzingis to a new deal next summer.

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