The Knicks have reached an agreement to acquire Josh Hart from the Trail Blazers, tweets ESPN’s Adrian Wojnarowski. Portland will receive Cam Reddish and a first-round pick as part of the return.
Hart has an expiring $12.96MM contract, while Reddish is earning $5.95MM in the final year of his rookie deal, so at least one more player has to be included to match salaries.
Sources tell Michael Scotto of HoopsHype that Svi Mykhailiuk ($1.97MM) and Ryan Arcidiacono ($2.13MM) are also headed to the Blazers (Twitter link), which will satisfy the NBA’s matching rules.
The pick that New York is giving up is lottery protected for 2023, per Wojnarowski (Twitter link). If it doesn’t convey this year, it will turn into four future second-round picks. That’s presumably the Knicks’ own first-round pick, since the protection terms don’t match up with the other first-rounders they control.
New York appeared to be a late entry into the bidding for Hart, with the first rumors of a deal appearing earlier today. His toughness and tenacity on defense seem to make him a natural fit for coach Tom Thibodeau. The Cavaliers and Heat were among the other teams reported to have interest in trading for Hart.
The 27-year-old wing is expected to decline his $12.96MM option this summer and seek a long-term deal in free agency. He has been part of the starting lineup in Portland since the Blazers acquired him at last year’s trade deadline, and he’s averaging 9.5 points, 8.2 rebounds and 3.9 assists in 51 games this season.
The Knicks gave up a protected first-round pick last February to acquire Reddish, but he has fallen out of favor and hasn’t played since December 3. The 10th selection in the 2019 draft has washed out in Atlanta and New York, but he will have two months to audition for the Blazers, who can make him a restricted free agent with a $7.7MM qualifying offer.
Mykhailiuk, who signed a non-guaranteed deal with New York shortly before the start of training camp, has seen minimal playing time in 13 games.
Arcidiacono has played even less than his teammate, appearing in just 11 games and logging 26 total minutes in 2022/23. Due to the terms of his contract, he had the ability to veto any trade that involves him, but he has signed off on this one, tweets Ian Begley of SNY.tv.
The Trail Blazers will gain some cap relief as a result of the deal and will move well clear of the luxury tax line after flirting with it for much of the season. Assuming no players are added to the deal and it remains a three-for-one swap, Portland will have to cut a player from its 15-man roster to make room for the newcomers.
55 thoughts on “Trail Blazers To Trade Josh Hart To Knicks”
Wonder if he replaces Grimes in the starting lineup.
Not a bad price to pay. Some of the Knicks’ 1sts aren’t worth much and Reddish was just rotting on the bench.
I see him coming off the bench. Grimes is becoming a staple. May eat into RJs minutes as well.
I agree. I think Hart could do very well on the second unit. When everyone is healthy, IQ, Hart, Obi, and Hartenstein are very solid off the bench.
I didn’t realize how much of a rebounder he’s been in his career.
Me neither. Those are great rebounding numbers for a 6’5″ SG/SF.
Surely must be only top 10 or so protected. Portland are really just getting a first, cam isn’t positive trade value if he can’t play on a playoff team.
Woj just tweeted it is a lottery protected pick for this upcoming draft that conveys to a 2nd after this year. So a mid- to late 1st.
I love this trade for both teams. Josh Hart and Jalen Brunson get back together like they was at Villanova.
Then Cam Reddish is going to get a chance to play and show off his defensive prowess. He’s one of my Duke guys so you know I’m rooting for him.
Great deal for the Knicks. Between this and what the Jazz got for moving their three guys, I feel like the returns having been pretty lite so far today.
Every trade has a light side and a heavy side, doesn’t it?
We still don’t know which first was traded or what protections might be on it. Hard to judge any deal involving firsts unless that would be known.
Good trade for New York. They have not been the best drafting team anyway
I try not to s**t on teams too much, but Tyrese Haliburton is really making the Knicks look bad for taking Obi ahead of him. Obi is a solid player, but he needs more playing time. Haliburton has been a baller from day 1.
This is one of the biggest things I hold against this FO.
If there’s even a remote possibility that Randle was going to get an extension…like, if it was even a whisper of a possibility, take the PG in the draft. If Randle was assuredly going to leave at the end of his contract, or possibly before, draft his replacement in Obi if you’d like.
Instead, the Knicks drafted Obi in June of 2020 and then extended Randle in the summer of 2021, effectively blocking Obi from more minutes throughout his rookie deal. That reeks of too many voices/opinions in the FO having pull. I can’t see how it ever makes sense to use a top-10 pick on a player at a position (with little positional versatility) and then turn them into a mere handcuff by extending the current starter at their position.
Makes no sense no matter how you slice it.
Josh Hart is a really a good player, nice little trade for my Knicks. Brunson and Hart has a great connection, from their days at Villanova. Reddish unfortunately was never going to get any playing time from the Knicks, and he had to be moved.
Ant and Shaeden are, hopefully Cam can find a way to turn it around.
Ant, Cam & Shaedon is an exciting young core for Portland
Cam has now played his way off of two different teams. He won’t make much of a difference in Portland.
Getting a first rounder, even protected, for Hart is a total score.
Yeah I think that’s a pretty solid return. I like Hart so I don’t think it’s a terrible move for the Knicks, but getting a mid first rounder for a few months of a fringe starter/rotation guy is pretty good for Portland. I get why the Knicks wanted him, although it’ll make more sense if they re-sign him.
Wow…knicks get a 3 and D wing they need, who is a winner, in my opinion. I personally would have done different things with their rotation from the beginning of the season, although some of that stuff ended up playing itself out over time. This should give them a better shot at ending up more legitimately in the playoff seeding
Portland losing Hart is a big deal. They really needed him on the wing. Reddish can help them in some areas, but they could have used him in addition to what they had, so now they need to replace Hart to pair someone with Sharpe and Reddish, and their thousands of options at the 4/2
Svi Mykhailiuk going to Portland helps open up a roster spot. What could be another move?
Bucks/Knicks still talking Rose Trade.
What could the return be?
Also Trade Deadline time should be really be midnight but 7pm when Games start tomorrow and then Buyout Trades.
Are the Knicks in a cap position where they can take on 175% of the aggregate of the salaries they send out? That’s the only way it would work by adding Mykhailiuk.
Idk…unless the Knicks are able to resign him this offseason, you gave away two 1st round draft picks for Hart. Hart improves their roster but doesnt make them contenders. Theyll be dangerous on defense though.. Nice return for Portland
Look on the bright side. At least the Knicks didn’t have to give up Luka Doncic to find out what Cam Reddish could do, like the Hawks had. All they surrendered was a Charlotte first round pick that’s heavily protected and likely gets converted to two seconds in a few years.
Meanwhile, Atlanta could use him after getting nothing for Huerter and Reddish, after lucking into Aj Griffin, and losing their previously enviable wing depth
Oh wow it’s a first round pick THIS YEAR. Only lottery protected, so likely to go. Blazers just robbed the Knicks. Hart is one of the worst perimeter shooters in the NBA this year.
But don’t worry. He’s only here for a few months.
So the Knicks basically traded two first round picks for Hart on an expiring contract
Lil Dunker approves this trade!
Terrible deal for the Blazers.
Reddish has been a big let down since entering the league. Can’t think of another rookie in recent memory that’s been on 3 teams on his rookie deal. On top of that the picks you get are a lottery protected first.
Knicks get a solid role player who will help them for a playoff push this year. Guess Portland had little interest in resigning him. But even if the knicks don’t resign him it’s not a bad price for a rental
Just curious, what are you renting him for? To lose in the 1st round? That’s a serious question, I’m not trying to be funny lol.
They’re idiots and can’t get out of their own way.
You aren’t being funny. It’s very sad for everyone except Cam who gets to escape Thibs nuthouse.
@Mroldfashion my thoughts exactly. Knicks approach is beyond logic, as always.
I wanted Hart. This summer was my preference, but I can’t have any real issue with getting him now even if it’s a bit costly. He fits our team, both what it is, and what it aspires to. I’m sure the intent is to resign him. Not the 3 pt shooter we were looking for, but he’s a winner.
A FRP is a nice asset for POR to get for a rental, but it’s only eligible to go to them this year, so if we miss the playoffs, we keep it, and it’s just the 4 SRPs. DAL pick will likely be in the same 15-20 range as ours.
I think he shoots it better with better spacing around him
Yes. I didn’t mean to imply he couldn’t shoot the 3. Only that I believe the 3 pt shooter we were looking for would have a quicker release, more like Grimes.
I think a lot of the spacing problems could have been solved with different rotation decisions, but I think in terms of realistic targets, it’s a big add to get Josh Hart on the wing
I’m a huge Lillard fan and I admire his loyalty but at this point you’d have to think he’d want a trade this off season. Maybe a little wink wink, don’t tell anyone but I want to be traded.
What a clown show! The better the team gets the dumber the front office seems to get.
Whatever Thibs mental issues are they are very clearly contagious.
Knicks can’t score 100 pts in a game, yet they invest in the worst 3pt shooter & D guy. So they target to bring games to final score like in 80’s at 84:84. lol. I see a lot OT losses for them.
Dumb post of the day. Knicks are averaging 114.2 points per game.
link to statmuse.com
I can see him getting a 3-4 yr deal from SAS, Detroit, or possibly Orlando. Orlando cuts Harris and replaces him with Hart.
Looks like the Knicks are now even with the Cavaliers on this move. The Cav’s fans will be crushed that Hart isn’t coming to Cleveland.
This is Portland’s way of waving the little white flag on 2023.
Portland is positioning for a future trade whether at the deadline, or the draft. I think they will look to move Nurkic also. They need a backup PG, but Arcidiacono is not that, and Svi is unplayable, and not adding much towards playoff dreams. Scoot Henderson would be a nice addition, a few others too!
They don’t need a backup PG. They need to spread out the minutes of their tiny backcourt. They need wings with size who can actually play. Or just actually commit to building around Simons by trading Lillard for a massive haul.
Otherwise they are just redoing the Lillard/McCollum era with new names.
Great trade by the Knicks!
What are the Blazers doing though?
Makes us deeper. Plus he’s played with Jalen. So he will fit right in. 2way player solid shooter.
Like it ……. Definitely playoffs now.
Hope we got one more trade in us. Like to see ya get Bey.
I’d rather have DeRozan.
But this tells me Knicks will resign him. He gives us great depth. And that we will still be looking for that big trade. Not looking like that will happen now. I sure would like to pick up Bey now. Bey and Hart both young versatile players. Players who play D. Got till 4:00 today ….
Let’s go Knicks ……
I like this. Hart is a great defender, e our bench has good spacing, maybe this helps him as a shooter. 1 late FRP will not make me lose my sleep. We already have a deep roster without having to add 2 rookies this summer
so they traded 2 firsts for hart, another great pair of trades
Al was wrong about reddish after all but whats new