New York Knicks Rumors | Hoops Rumors

Knicks Notes: Thomas, Durant, Jackson, Jennings

July 9th, 2016 at 8:04pm CST by Arthur Hill

Lance Thomas decided to re-sign with the Knicks because he didn’t want to be known as a “loser” in New York, relays Ian Begley of ESPN.com. Thomas, a restricted free agent, agreed to a four-year deal worth about $27.3MM. The fifth-year combo forward was born in Brooklyn and was concerned about his legacy after the Knicks finished far out of the playoff race during his two seasons with the team. “I grew up a Knicks fan; this is the team I grew up watching,” Thomas said. “Me being from the area and planning on being in the area for the majority of my life, I didn’t want my legacy as a Knick to be a loser.”

There’s more news out of New York:

The Knicks were hoping to meet with Kevin Durant to establish a relationship in case he tried free agency again next summer, according to Marc Berman of The New York Post. Durant can still opt out of his new contract with the Warriors in 2017, but he indicated this week that he expects to stay in Golden State for a long time. New York wasn’t one of the five teams that Durant met with last weekend, but GM Steve Mills said he was encouraged by the process. “We knew KD wanted to pick a team that had a chance to win a championship this upcoming season,” Mills said. “We didn’t fit that bill. We know if he made a decision to do a 1-and-1, we would’ve had a meeting with him. The idea he did a 1-and-1 with Golden State, my assumption is he’ll stay there.”
“Super teams” like the one created with Durant’s move to the Warriors, are an inevitable consequence of the sudden rise in the salary cap, Knicks president Phil Jackson says in the same story. “That’s the way it’s going to be for a while — players allowed this to go forward instead of smoothing it, so there’s tons of money,” Jackson said. “There’s an opportunity to do major moves in the NBA.”
Jackson expects newly signed guard Brandon Jennings to be Sixth Man of the Year next season, Begley writes in a separate piece. Jennings, who spent this season with the Pistons and Magic, inked a one-year deal with the Knicks this week for $5MM. He doesn’t mind taking on a reserve role and said he will try to live up to Jackson’s expectations. “I’m definitely gonna embrace that role,” Jennings said. “I don’t see why I can’t be in that conversation, and I’m fine with it. I’m definitely fine with it.”

Knicks Sign Mindaugas Kuzminskas

July 9th, 2016 at 7:50pm CST by Luke Adams

JULY 9, 7:50pm: The signing is official, the team announced today.

JULY 5, 2:28pm: The Knicks have agreed to sign Lithuanian forward Mindaugas Kuzminskas and bring him over to the NBA, according to Orazio Cauchi of Sportando. The two sides have reached agreement on a two-year deal, as first reported by Donatas Urbonas (Twitter link), and as confirmed by Ian Begley of ESPN.com.

Kuzminskas, 26, has spent the last few seasons with Unicaja Malaga in Spain. In Euroleague play this past season, the forward averaged 12.0 PPG and 3.4 RPG, shooting 54.9% from the floor and 37.7% from downtown in 23 games (20.7 MPG). Kuzminskas had been set to play in Turkey next season with Darussafaka Dogus, David Blatt‘s team, but has reportedly informed the club that he wants to make the move to the NBA.

Per Sportando (Twitter link), the Knicks will have to pay a “high” buyout in order to bring Kuzminskas stateside, though it’s not clear exactly how significant that payment will be. According to international basketball journalist David Pick (Twitter link), New York offered Kuzminskas a two-year, $6MM deal, so it sounds like the club will likely use its room exception – worth about $2.9MM in 2016/17 – on him. That would allow the Knicks to use up all their cap room finalizing other moves before making this deal official.

We had heard on Monday that Kuzminskas recently worked out for the Lakers and Hawks — at that point, he was said to be close to making a decision on whether to continue his basketball career in the NBA or overseas.

Knicks Notes: Williams, Noah, Vujacic

July 8th, 2016 at 9:30pm CST by Eddie Scarito

The Knicks officially renounced their rights to free agents Derrick Williams, Kevin Seraphin, Lou Amundson and Cleanthony Early, and as a result, the quartet no longer count against the team’s salary cap figure, Ian Begley of ESPN.com relays (ESPN Now link). The team can still re-sign any of the players using cap space, save Williams, who agreed to a one-year pact with the Heat earlier this evening.

Here’s more from the Big Apple:

Joining the Knicks was a dream of Joakim Noah‘s for a long time, who relishes the challenge of playing in New York, Marc Berman of The New York Post writes. “I’m not taking this opportunity for granted,’’ said Noah. “This has been a dream of mine since I was 5 years old. We’re proud to be from New York. My parents are divorced, but my father is a proud New Yorker. We all are. Fortunately, his son is playing for the New York Knicks now. This means everything to me. I’m going to do everything to make this special.”
With Langston Galloway on his way to the Pelicans, the Knicks may turn to a familiar face to bolster their backcourt — Sasha Vujacic, Berman relays in a separate piece. New York can offer little more than the veteran’s minimum to the 32-year-old, who may be able to find more lucrative offers overseas, the scribe adds. Vujacic made 61 appearances for the Knicks in 2015/16 and averaged 4.9 points, 2.4 rebounds and 1.4 assists in 14.9 minutes per contest.
You can view the Knicks’ current roster and depth chart here.

Knicks Sign Joakim Noah To Four-Year Deal

July 8th, 2016 at 12:34pm CST by Luke Adams

JULY 8, 12:34pm: The Knicks have officially signed Noah, the team announced today (via Twitter).

JULY 1, 9:41pm: As expected, the Knicks and Noah have agree to a four-year, $72MM deal after their meeting today, tweets Ramona Shelburne of ESPN.com. It will be a fully guaranteed contract with no options, per Michael Scotto of The Associated Press (Twitter link).

2:42pm: Noah has posted a photo on Instagram that shows him wearing a Knicks cap, which is a pretty strong signal that he’ll sign with the team when the moratorium ends next week.

JUNE 30, 11:58pm: Noah and the Knicks are nearing an agreement on a four-year deal worth around $72MM, sources tells Chris Broussard of ESPN.com (Twitter link).

11:11pm: With free agency now open, the Knicks are discussing the framework of a deal that would be in the four-year, $70MM range, according to Shams Charania of The Vertical (Twitter links). The two sides will continue negotiations during their Friday afternoon meeting, per Charania.

7:05am: The Knicks are the strong favorites to land longtime Bulls big man Joakim Noah when the free agent period opens in July, according to multiple reports. Tim Bontemps of The Washington Post, ESPN’s Marc Stein and Ian Begley, Shams Charania of The Vertical, and Sam Amick of USA Today all independently reported late on Wednesday night that the Knicks are in the driver’s seat in the Noah sweepstakes.

According to Charania and Amick, Noah has a meeting set up with Phil Jackson and the Knicks after free agency formally gets underway at 12:00am on July 1st. Marc Berman of The New York Post clarifies that the meeting between the two sides is expected to happen during the day on Friday, rather than late at night, but he also suggests that the Knicks are the prohibitive favorites for Noah. There’s belief on both sides that an agreement could come quickly, says Charnia.

Amick indicates within his report that Noah is still expected to consider multiple teams besides the Knicks, but those clubs have yet to line up a formal meeting with the 31-year-old. Sources tell Stein and Begley that a few teams with interest in Noah have “all but conceded” that the Knicks are No. 1 on his wish list by a sizable margin — the two-time All-Star has expressed strong interest in signing in New York in recent days, since teammate Derrick Rose was traded to the club, per the ESPN duo.

Assuming Noah and the Knicks do indeed work something out, his starting salary may end up in the range of $18MM, according to Bontemps. That would be a significant investment from the Knicks, who are expected to have over $30MM in cap room, and would likely take the team out of the running for some mid-tier free agents, in addition to max-salary players.

Noah underwent surgery on his separated left shoulder back in January, and while he should be ready to go for the 2016/17 campaign, he hasn’t played a game since that procedure. In 2015/16, he appeared in just 29 games, averaging 4.3 points, 8.8 rebounds and 3.8 assists in 21.9 minutes per contest.

Photo courtesy of USA Today Sports Images.

Brandon Jennings Sought One-Year, Make-Good Deal

July 7th, 2016 at 3:17pm CST by Luke Adams

According to Marc Berman of The New York Post, Brandon Jennings was seeking a one-year contract from the Knicks in the hopes of proving himself and boosting his stock for 2017’s free agent period. New York, which wanted to maintain cap room for ’17, was happy to oblige.
Alex Kennedy of Basketball Insiders spoke to Courtney Lee about the veteran shooting guard’s decision to sign with the Knicks, and being recruited by Joakim Noah.

Knicks Sign Marshall Plumlee

July 7th, 2016 at 11:07am CST by ChrisCrouse

JULY 7: Plumlee’s agency, Priority Sports, has officially announced the big man’s deal with the Knicks (via Twitter). According to Michael Scotto of The Associated Press (via Twitter), the contract is for three years, and is fully guaranteed in year one.

JUNE 24: The Knicks and Marshall Plumlee have agreed to a free agent deal, Shams Charania of the Vertical reports (Twitter link). The details of his contract are not available yet, though Charania reports that Plumlee’s salary will be guaranteed.

Plumlee was the 81st-best prospect in this year’s class, according to Jonathan Givony of Draft Express. He averaged 8.3 points and 8.6 rebounds per game during his senior season at Duke.

The Knicks had only five players under contract entering today, as the team’s depth chart at Roster Resource indicates. The team came to terms with Ron Baker earlier today, which, along with Plumlee’s agreement, brings the roster count to seven.

And-Ones: Calderon, Davis, Sullinger

July 7th, 2016 at 12:58am CST by Eddie Scarito

Knicks big man Kyle O’Quinn says the team’s offseason moves should translate into a playoff berth in 2016/17, Marc Berman of The New York Post relays. “I’m excited about every year, but this year it looks so clear,’’ O’Quinn told Berman. “A lot of people will put us in there. It’ll be a different element in training camp instead of being a startup trying to shock the world. We made a lot of changes and it looks like the playoffs, but you got to put the work in.”

Here’s the latest from around the NBA:

The Bulls and Sixers had discussions about Philly acquiring Jose Calderon, but the two sides were unable to reach a deal and the point guard was traded to the Lakers instead, David Aldridge of NBA.com tweets.
Several teams are looking to clear cap room to make a run at Bucks restricted free agent Miles Plumlee, Aldridge tweets.
Unrestricted free agent Glen Davis, who sat out last season after undergoing surgery to repair torn ligaments, a cyst, and bone spurs in his left ankle, has resumed basketball activities and is looking to catch on with an NBA club, Marc J. Spears of The Undefeated tweets.
The Celtics face a tough decision regarding restricted free agent Jared Sullinger, with the team in need of his rebounding, but not in the position to match a large offer sheet by another team, were the big man to sign one this offseason, writes Chris Forsberg of ESPN.com.
The Hawks are still actively trying to improve the team and are looking to add another frontcourt player and a point guard, Chris Vivlamore of The Atlanta Journal Constitution notes. One big man option for Atlanta could be Kris Humphries, who expressed a desire to return during his exit interview with the team, Vivlamore adds.
Clippers guard C.J. Wilcox will have surgery to repair a broken right hand on Friday, the team announced. Wilcox was given a timeline of four-to-six weeks before he will be able to return to basketball-related activities, according to the team.
The Lakers are pleased with what they have seen in summer league play from 2016 lottery pick Brandon Ingram, Joey Ramirez of NBA.com writes. “I’m very excited about what he can do,” coach Luke Walton said. “Obviously he’s young and there’ s a lot of work to do. This is a grown man’s league. But as far as knowing how to play the game and the skill set of being able to handle the ball, bring it up, post up, his defense — he’s been all over the place defensively, getting deflections for us — I’m very excited about the way he’s played so far.”

Could 2016 Moves Land Knicks Big-Name 2017 FA?

July 6th, 2016 at 10:33am CST by Luke Adams

Frank Isola of The New York Daily News wonders if the Knicks will get back into the conversation for a top-tier free agent – such as Russell Westbrook – in 2017 if Phil Jackson‘s moves this summer pay off and result in a strong 2016/17 season. We asked you yesterday to make predictions for the Knicks’ forthcoming season.

Scouting Reports On Kuzminskas

July 5th, 2016 at 7:33pm CST by Eddie Scarito

Lithuanian forward Mindaugas Kuzminskas, who agreed to a two-year deal with the Knicks earlier today, has been compared by some European scouts to a number of notable NBA big men, Marc Berman of The New York Post writes. One overseas scout told the scribe that Kuzminskas has “Danilo Gallinari skills’’ and is a good defender, while another said his game resembles a young Dirk Nowitzki’s in style, if not in quality.
The Knicks’ primary competition for Kuzminskas’ services were the Hawks and Lakers, Berman tweets.

Knicks Sign Willy Hernangomez

July 5th, 2016 at 3:45pm CST by Luke Adams

FRIDAY, 11:07am: The Knicks have formally announced Hernangomez’s signing, making it official (Twitter link).

TUESDAY, 3:45pm: According to Frank Isola of The New York Daily News (via Twitter), Hernangomez’s deal will be for at least three years, which means the Knicks are using cap space to complete it.

3:00pm: After spending the first few days of July securing NBA free agents, the Knicks have shifted their focus to overseas players today. Having agreed to terms with Lithuanian forward Mindaugas Kuzminskas earlier this afternoon, New York has also struck a multiyear deal with a 2015 draftee, Spanish center Willy Hernangomez, per Adrian Wojnarowski of The Vertical (Twitter link). The contract will be fully guaranteed, tweets Ian Begley of ESPN.com.

Hernangomez, the 35th overall pick in last year’s draft, didn’t see much action during Euroleague play for Real Madrid this past season, posting averages of 4.3 PPG and 3.4 RPG in 10.6 minutes per Euroleague contest (10.6 games). However, the 22-year-old did shoot an impressive 64.3% from the field in his limited action.

There have been multiple reports indicating throughout the spring and summer that Hernangomez planned on joining the Knicks this offseason. A May report suggested that the 6’11” center had rejected two offers from Real Madrid, and that it would take a significant shift in momentum for him not to wind up with New York next season.

That same report in May indicated that a four-year offer would be on the way for Hernangomez, but it remains to be seen whether or not that will be the case. Contracts signed using the minimum-salary exception can’t be longer than two years, but if the Knicks use cap room to sign Hernangomez to a minimum-salary deal, which they should be able to do, it could be for up to four years.