Knicks Rumors

Mills Gives Hornacek Autonomy Over Offense

  • Knicks general manager Steve Mills has thrown Phil Jackson‘s triangle “in the trash” and is giving head coach Jeff Hornacek full autonomy to run the team’s offense, tweets Marc Berman of The New York Post. While giving Hornacek more freedom to operate looks like a positive sign, Mike Vaccaro of The New York Post believes the Knicks took a step forward and then two steps back by turning basketball decisions over to Mills after Jackson’s departure.

David Griffin Withdraws Name From Knicks’ GM Search

David Griffin spoke with the Knicks about becoming the team’s next GM, but those talks have ended without a deal materializing, Marc. J. Spears of the Undefeated reports (ESPN Now link). Spears adds that Griffin pulled his name from consideration after he and the team couldn’t come to an agreement on the right role.

It was previously reported that the Knicks were opposed to letting Griffin bring in the same front office staff he had in Cleveland. The organization has several longstanding front office members and it didn’t want to displace many of those executives.

Team executive Steve Mills, who met with Griffin over the weekend, has been handling GM duties on an interim basis since the franchise fired Phil Jackson. New York hasn’t made any substantial player personnel moves this offseason with the exception of signing Tim Hardaway Jr. to a four-year, $71MM deal.

Knicks Talking To David Griffin About GM Role

The Knicks have begun preliminary talks with David Griffin about becoming the team’s next GM, according to Adrian Wojnarowski and Ramona Shelburne of ESPN.com.

The former Cavaliers GM had dinner with team executive Steve Mills on Friday and is expected to meet with owner James Dolan soon. If the Knicks hire Griffin, he will take over day-to-day basketball operations, with Mills moving into the president’s role that was formerly held by Phil Jackson.

However, the Knicks are reportedly opposed to letting Griffin bring in the front office staff he had in Cleveland. New York has an entrenched staff that has been in place for years, and the team is reluctant to make widespread changes, according to the ESPN authors. Sources tell them that Griffin may not accept the job if it means working with an inherited front office.

Griffin had a successful track record in Cleveland, where he served as GM for three years and constructed a championship roster. He was let go at the end of June after his contract expired.

The Knicks are hoping to revamp their roster and are concentrating on players 25 and younger. Their latest move, signing Tim Hardaway Jr. for $71MM over four years, was orchestrated by Mills, according to Wojnarowski and Shelburne.

Knicks Expected To Renew Carmelo Anthony Talks

After signing Tim Hardaway Jr. to a lucrative new deal, the Knicks are expected to renew their willingness to collaborate with the Rockets on trade scenarios to unload Carmelo Anthonywrites Adrian Wojnarowski of ESPN.

The Rockets have been persistent in their pursuit of Anthony, who remains willing to waive his no-trade clause to join Chris Paul and James Harden in Clutch City, per Wojnarowski. ESPN’s report, citing league sources, notes that the Knicks “do not imagine a scenario where Hardaway Jr. is sharing the floor with Anthony to start the season.” The Knicks now have $97.7MM in committed salary for the 2017/18 season with 10 guaranteed contracts, per Bobby Marks of ESPN, so moving Anthony would be one path to regaining a little financial flexibility.

Sam Amico of Amico Hoops provides further context as to what factors figure to be holding up an Anthony trade between the Knicks and either the Rockets or Cavaliers. Since Anthony possesses a no-trade clause, the Knicks’ options may be limited to these two teams.

Amico writes that the Knicks do not particularly want to take back Rockets forward Ryan Anderson and the Cavs aren’t eager to part with forward Kevin Love in a deal for Carmelo. The piece also states that Cleveland has floated Turkish draft-and-stash prospect Cedi Osman to entice New York, but Osman would come attached to multiple unappealing contracts. Amico suggests that the Cavs are content to play the waiting game in hopes that the Knicks cannot reach a deal with the Rockets and resort to buying Melo out.

Hawks Don’t Match Knicks’ Hardaway Offer Sheet

2:08pm: Tim Hardaway Jr. is now officially a Knick, as Hardaway’s agent, Mark Bartelstein, says that Atlanta has officially not matched, per Marc Berman of The New York Post (link via Twitter).

1:45pm: The Hawks have informed the Knicks that they will not match New York’s offer sheet on Tim Hardaway Jr., reports Shams Charania of The Vertical (link via Twitter).

11:27am: The Hawks don’t intend to match the Knicks’ four-year, $71MM offer sheet for Tim Hardaway Jr., reports Adrian Wojnarowski of ESPN. As Wojnarowski notes, the formal deadline for Atlanta to make its decision is still hours away, but Hardaway will ultimately be a Knick — again.Tim Hardaway Jr. vertical

[RELATED: Knicks sign Tim Hardaway Jr. to offer sheet]

Hardaway, 25, enjoyed the best season of his NBA career in 2016/17, averaging 14.5 PPG, 2.8 RPG, and 2.3 APG in 79 games (30 starts) for the Hawks. He also posted a career-best FG% (.455) and had a .357 3PT%, and was even better after the All-Star break, with 17.5 PPG in 25 contests.

While Hardaway’s production was solid and he still has room to improve, the Knicks’ $71MM offer – which came at a time when most teams didn’t have much cap room available – was a surprise. The Hawks were reportedly willing to do a deal in the four-year, $48MM range for Hardaway, but decided not to match a Knicks offer that would hamper their cap flexibility more significantly. Atlanta will have room left over to pursue another RFA or accommodate another salary dump.

In addition to averaging nearly $18MM annually, the Knicks’ deal with Hardaway includes a fourth-year player option and a 15% trade bonus, according to previous reports. The agreement also calls for the shooting guard to receive 50% of his annual salary by October 1 each year.

With Hardaway in the mix, the Knicks will have little – if any – cap room available to spend on other free agents, though the club will still have its $4.3MM room exception. New York also had to renounce its rights to Derrick Rose, among other free agents, in order to clear the space necessary for Hardaway. That all but rules out the possibility of a reunion between Rose and the Knicks, since the team no longer holds his Bird rights.

Hardaway was originally drafted by New York with the No. 24 pick in the 2013 draft. The Knicks traded him to the Hawks in a 2015 draft night trade that netted them Jerian Grant. Grant was traded to the Bulls during the following offseason as part of a package that brought Rose to the Big Apple.

As Marc Berman of the New York Post wrote earlier today, the Knicks’ brain trust views Hardaway as part of a long-term ‘core four’ for the franchise, alongside Kristaps PorzingisWilly Hernangomez, and Frank Ntilikina.

Photo courtesy of USA Today Sports Images.

Eastern Notes: Hardaway Jr., Celtics, Morris, Hawks

The Knicks‘ four-year, $71MM offer sheet to restricted free agent Tim Hardaway Jr. took many by surprise given that New York is prepared to make a lofty investment in a player the team recently traded. Yet, if the Hawks do not match the Knicks’ offer sheet, the team views Hardaway as part of a ‘core four’ alongside Kristaps Porzingis, Willy Hernangomez, and Frank Ntilikina, Marc Berman of the New York Post writes.

Hardaway, just 25 years old, is coming off a solid year in Atlanta, as he averaged 14.5 PPG and 2.8 RPG while shooting .455% from the floor in 79 games. Hardaway was originally drafted by the Knicks in 2013 but was dealt for Jerian Grant after two seasons in the Big Apple. If he does return, Hardaway will fit the Knicks’ current mold of a young, athletic player — something former team president Phil Jackson didn’t necessarily prioritize during his tenure.

As for Ntilikina, the soon-to-be 19-year-old will look to be a sponge in his first few seasons, learning from veterans and experienced youngsters. Bringing back a productive former member of the team would be a good first step.

Below are additional notes around the Easter Conference:

  • The Celtics have made major upgrades this offseason, none bigger than agreeing to a four-year deal with Gordon Hayward. However, general manager Danny Ainge is still not satisfied with the roster and will pursue upgrades, Steve Bulpett of the Boston Herald writes. The team created space for Hayward by rading Avery Bradley to the Pistons for Marcus Morris on Friday, and can now afford to be patient and consider the market before making any other deals.
  • Speaking of Morris, he will be a missed presence in the Pistons locker room, Vince Ellis of the Detroit Free Press writes. After coming to Detroit from the Suns in 2015, Ellis writes that Morris’ attitude and intensity resonated with his teammates, fans, and the city of Detroit.
  • The Hawks have announced the hiring of veteran NBA coach Chris Jent. Jent, who played professionally for 11 seasons, has previously served on coaching staffs for the Sixers, Magic, Cavaliers, and Kings.

Clippers, Knicks, Others Renounce UFAs

Several NBA teams have renounced their unrestricted free agents, eliminating any form of Bird rights the team had on those players, per RealGM’s transactions log. Here’s a breakdown of which teams renounced their UFAs and what those moves might mean:

Los Angeles Clippers

New York Knicks

  • Players renounced: Ron Baker, Justin Holiday, Derrick Rose, and Sasha Vujacic.
  • The thinking: The Knicks needed to clear cap room to fit in Tim Hardaway Jr.‘s offer sheet, so these moves aren’t really a surprise. The one interesting name is Baker — the club also withdrew its qualifying offer to him. He has reportedly agreed to a deal with New York already, but if the team doesn’t need his QO or FA rights to complete that signing, it may just end up being a two-year, minimum salary contract that could be finalized once the Knicks use up their cap room on other players.

Atlanta Hawks

Detroit Pistons

  • Players renounced: Aron Baynes and Kentavious Caldwell-Pope.
  • The thinking: With a $125.266MM hard cap now in place, the Pistons will have to keep team salary below that figure for the rest of the league year.

Brooklyn Nets

  • Players renounced: K.J. McDaniels
  • The thinking: McDaniels’ cap hold likely had to be eliminated from the books in order to fit Otto Porter‘s offer sheet.

Phoenix Suns

  • Players renounced: Ronnie Price
  • The thinking: I don’t see any obvious reason that the Suns needed to renounce Price’s minimum salary cap hold, but there’s no reason to keep it on the books either — if the team wants to eventually re-sign Price, it can use cap room or the minimum salary exception to do so.

Heat Sign Dion Waiters To Four-Year Deal

July 7, 7:32pm: The Heat have officially re-signed Waiters, the team announced over Twitter.

Ira Winderman of the Sun-Sentinel notes that the Waiters deal had to be announced prior to the Johnson confirmation, at which point a potential Wayne Ellington guarantee could follow.

July 6, 7:01pm: The Heat and Waiters are in agreement on the previously reported four-year, $52MM deal, per several reports. According to Scotto, the deal won’t include any options.Dion Waiters vertical

Scotto also reports that the Lakers made a one-year, $17MM offer to Waiters. L.A. has been reluctant to commit any second-year guaranteed money to free agents.

4:48pm: Waiters’ new deal is expected to be a four-year contract, according to Wojnarowski (via Twitter). Michael Scotto of Basketball Insiders (Twitter link) pegs the total value at $52MM over four years.

4:31pm: The Heat are finalizing a contract agreement with Dion Waiters that will bring the free agent guard back to Miami, reports Adrian Wojnarowski of ESPN (Twitter link). Wojnarowski had indicated earlier today that Waiters was considering the Heat, Lakers, and Knicks, and would likely make a decision soon.

[RELATED: 2017 NBA Free Agent Tracker]

Waiters, a former fourth overall pick, didn’t generate much interest in free agency last summer after the Thunder withdrew his qualifying offer, and ultimately signed a modest deal with the Heat. Although he was limited to 46 games (43 starts), the 25-year-old had a nice bounce-back season in Miami, averaging 15.8 PPG, 4.3 APG, and 3.3 RPG with a shooting line of .424/.395/.646.

Armed with a player option for 2017/18, Waiters turned down that option in search of a more lucrative deal on the open market, and was linked to the Lakers, Knicks, Bulls, and Kings. After Miami missed out on top free agent target Gordon Hayward, however, it made sense for Waiters and the Heat to work out a new agreement that allowed him to return to South Beach.

Terms of Waiters’ deal aren’t yet known, but the Heat figure to use a chunk of cap room to re-sign him, since their Non-Bird rights would only allow for a 20% raise. The club would also like to bring back James Johnson and has interest in Rudy Gay, among other free agents, so we’ll see how much cap space is left over after Waiters’ deal.

Waiters had ranked 21st overall on our list of 2017’s top free agents last week.

Photo courtesy of USA Today Sports Images.

Atlantic Rumors: Celtics, Crowder, Knicks, Buycks

In the wake of today’s trade with the Pistons that sends Avery Bradley to Detroit, the Celtics have no intention of moving Jae Crowder and have no “pressing” deals on the go, reports Adam Himmelsbach of The Boston Globe (Twitter links). Himmelsbach adds that Boston will look to use its room exception, and the team never rules out the possibility of more dealing, as Mark Murphy of The Boston Herald tweets. For now, though, nothing appears imminent.

One player who could be a candidate for the Celtics’ room exception is free agent center Dewayne Dedmon. Jabari Young of The San Antonio Express-News suggests (via Twitter) that he kept hearing at the Utah Summer League how intrigued the Celtics are by Dedmon. However, it’s not clear if that interest is mutual, particularly given Boston’s cap limitations.

Here’s more from around the Atlantic:

  • Asked today about the trade rumors surrounding Paul George, Pacers president Kevin Pritchard told reporters that the rumored offers from the Celtics and other teams were only about 5% correct (Twitter link via Matt Glenesk of The Indianapolis Star).
  • The Knicks were impressed by guard Dwight Buycks‘ performance in Summer League and are interested in signing him to their offseason roster, sources tell Ian Begley of ESPN.com. Buycks helped lead the Mavericks’ squad to an Orlando Summer League title this week.
  • The Knicks‘ offer sheet for Tim Hardaway Jr. includes the same advance salary structure as Otto Porter‘s deal with the Nets, tweets ESPN’s Zach Lowe. Hardaway’s deal calls for 50% of his annual salary to be paid by October 1 annually.
  • Veteran guard Sergio Rodriguez, who spent the season with the Sixers, prefers to remain in the NBA. However, CSKA Moscow is making a push to lure him back overseas, according to Nikos Varlas of Eurohoops. The Russian club lost Milos Teodosic to the Clippers in free agency.

Eastern Rumors: Nets, Hardaway, Hornets, Celtics

Before Rudy Gay signed with the Spurs, the Nets expressed interest in the veteran forward, having viewed him as a contingency plan in the event that the Wizards match their offer sheet for Otto Porter, reports Michael Scotto of Basketball Insiders (Twitter link).

With Gay off the board and Porter likely to be retained by Washington, the Nets will be a “strong contender” for Kentavious Caldwell-Pope, tweets Adrian Wojnarowski of ESPN.com. That’s no surprise, now that the 24-year-old is unrestricted, but for Caldwell-Pope to be an option for Brooklyn, his camp may have to be patient, since the Nets’ cap room may be tied up for a few days until the Wizards make their decision on Porter official.

Here’s more from around the East:

  • Before the Knicks swooped in with a $71MM offer sheet, the Hawks were willing to offer Tim Hardaway Jr. a four-year deal in the $48MM range, league sources tell ESPN’s Zach Lowe. We’ll see if Atlanta is willing to go significantly higher than that to match New York’s offer, or if Hardaway will return to the Knicks.
  • The Hornets are in the market for another big man, GM Rich Cho said today (Twitter link via Rick Bonnell of The Charlotte Observer). Charlotte is also evaluating whether to sign a third point guard or keep Briante Weber in that role. Weber has a non-guaranteed contract.
  • Raptors president Masai Ujiri said today that he’s comfortable entering the 2017/18 season as a tax team, but there’s still plenty of time to make moves. He’s waiting for the trade market to open up a little, tweets Josh Lewenberg of TSN 1050.
  • The plan for the Celtics has always been to have draft-and-stash prospect Guerschon Yabusele on their roster this fall, a league source tells Adam Himmelsbach of The Boston Globe (Twitter link). As ESPN’s Bobby Marks notes (via Twitter), Boston will likely need to waive or trade Jordan Mickey and Demetrius Jackson to retain Yabusele’s cap hold.