Knicks Rumors

Stein/Fischer’s Latest: Warriors, Horford, Melton, CP3, Beal, Knicks

While the Warriors are one of the only teams in the NBA that have yet to reach a contract agreement with a free agent this offseason, they’re viewed by numerous rival clubs as the “overwhelming favorite” to land Al Horford and De’Anthony Melton, according to Marc Stein and Jake Fischer of The Stein Line (Substack link).

Golden State already has over $170MM in guaranteed money on its books for nine players, so the outcome of Jonathan Kuminga‘s free agency will likely dictate what sort of offers the club can make to Horford and Melton.

Signing either of those veteran free agents with the $5.7MM taxpayer mid-level exception likely won’t happen until there’s a resolution on Kuminga, since using that exception would hard-cap the Warriors at the $207.8MM second apron. That could open the door for a rival team to find a way to give Kuminga an offer sheet featuring a starting salary too high for Golden State to match without cost-cutting moves.

Here’s more from Stein and Fischer:

  • Chris Paul would still like to play as close to his home in Los Angeles as possible, and the Clippers and Suns continue to weigh the possibility of signing him, per Stein and Fischer. However, if those clubs ultimately go in a different direction, it’s unclear what the 2025/26 season might hold for Paul. The Bucks have interest in the veteran point guard, but he has shown “little inclination” to entertain the idea of signing with an Eastern Conference team so far, according to The Stein Line duo. For what it’s worth, when Paul was asked recently how much longer he plans to play, he replied, “At the most, a year,” which suggests that retirement may not be entirely off the table.
  • Bradley Beal is owed a 25% advance payment on his 2025/26 salary on July 15, Stein and Fischer say. While the veteran guard would get that money (roughly $13MM) even if he and the Suns agree to a buyout before then, it’s possible he’ll wait until after he receives that payment an agreement that would see him exit Phoenix.
  • After missing out on James Borrego, the Knicks are also unlikely to land Bucks assistant Darvin Ham as they seek a lead assistant for Mike Brown‘s new staff, Stein and Fischer report. Stein noted last weekend that New York has interest in Ham, but Milwaukee appears unwilling to give the Knicks permission to speak to him for what would be a lateral move. Jay Triano, another Knicks target, is also off the table since he just signed a new contract with Dallas, Stein and Fischer add.
  • The Bucks are considered likely to bring back forward Thanasis Antetokounmpo if Giannis Antetokounmpo remains in Milwaukee, according to Stein and Fischer. Thanasis missed all of the 2024/25 season due to an Achilles tear, but said in May that he has been medically cleared to return to action.

Top 45 Picks From 2025 Draft Have Signed NBA Contracts

It has been 16 days since the NBA’s 2025 draft wrapped up and just 11 days since those draftees were permitted to start signing contracts, but the majority of the ’25 draft class have already put pen to paper, finalizing standard or two-way deals with their respective teams.

As our tracker shows, all 30 first-round picks have signed their rookie scale contracts, and the top 15 picks in the second round are now under contract too. Outside of the top 45, four additional players – No. 48 pick Javon Small, No. 49 pick Tyrese Proctor, No. 50 pick Kobe Sanders, and No. 55 pick Lachlan Olbrich – have formally inked their first NBA contracts.

That leaves the following players who don’t yet have an NBA contract in place for the 2025/26 season:

  1. Boston Celtics: Amari Williams
  2. Milwaukee Bucks: Bogoljub Markovic
  3. New York Knicks: Mohamed Diawara
  4. Golden State Warriors: Alex Toohey
  5. Utah Jazz: John Tonje
  6. Indiana Pacers: Taelon Peter
  7. Golden State Warriors: Will Richard
  8. Boston Celtics: Max Shulga
  9. Cleveland Cavaliers: Saliou Niang
  10. Memphis Grizzlies: Jahmai Mashack

A number of these players are expected to end up on two-way deals — Jonathan Givony of ESPN (Twitter links) reported on draft night that both of these Celtics picks – Williams and Shulga – would be signing two-ways with Boston, for instance.

Still, not all of these guys will be on NBA rosters when the 2025/26 season begins. For example, the expectation is that Niang will spend next season in the EuroLeague with Virtus Bologna.

Players born outside the U.S. and/or ones who already have experience in non-NBA leagues are typically the best candidates to become overseas draft-and-stash players, so that could be an option for late second-rounders like Markovic, Diawara, and Toohey too. It’s hardly a given though. Post-draft reporting indicated that the Bucks and Knicks weren’t yet sure if Markovic and Diawara, respectively, will be stashed in Europe or if they’ll play stateside in ’25/26. Diawara, in particular, might have a chance to earn a standard contract for a New York team with little breathing room below its hard cap.

The other option for draft-and-stash players is to spend the season in the G League rather than in a league outside the U.S. Typically, at least one or two players go that route each season. That’s what Nikola Djurisic, the Hawks’ No. 43 overall pick a year ago, did in 2024/25 before signing his first NBA contract with Atlanta earlier this week.

We’ll be keeping a close eye on these players in the coming days and weeks, as many of them could end up finalizing their plans for 2025/26 either during the Las Vegas Summer League or shortly thereafter.

Atlantic Notes: Simons, M. Brown, Knicks, Edgecombe

The Celtics moved forward with their Jrue Holiday/Anfernee Simons swap earlier this week, completing the trade with Portland as a straight-up, one-for-one swap after exploring ways to expand the deal during the July moratorium. However, that doesn’t necessarily mean Boston is committed to having Simons on its roster to open the season.

“I have talked to other teams who have said the Celtics are actively trying to trade Anfernee Simons,” ESPN’s Brian Windhorst said on Wednesday’s episode of The Hoop Collective podcast (YouTube link). “Whether they can or not (remains to be seen).”

Swapping out Holiday’s $32.4MM cap hit for Simons’ $27.7MM figure will help the Celtics operate below the second tax apron in 2025/26. However, as Windhorst and his ESPN colleagues Tim MacMahon and Tim Bontemps went on to speculate, the club may be looking to cut costs more significantly in what will essentially be a “gap year.” Getting out of the luxury tax entirely would be a step toward resetting the repeater tax clock.

A team operating above the cap but below the tax aprons would only have to send out about $19.2MM in matching salary to legally acquire Simons and his expiring contract.

Here’s more from around the Atlantic:

  • During his introductory press conference as the Knicks‘ head coach this week, Mike Brown said he’s not bothered by the fact that the team is essentially in championship-or-bust mode as he takes over the job. “Nobody has any bigger expectations than I do. My expectations are high,” Brown said, per Chris Herring of ESPN. “This is the Knicks and Madison Square Garden. It’s iconic. … I love and embrace the expectations that come along with it.”
  • While a lack of reliable depth was an issue for the Knicks last season, Brown lauded president of basketball operations Leon Rose for continuing to add more talent to the roster after the team signed Jordan Clarkson and Guerschon Yabusele in free agency, as Zach Braziller of The New York Post relays. “Jordan, the things that he can do, especially offensively,” Brown said. “He’s a veteran guy. I know he’s hungry to win. He can score at all three levels. You’re excited with that coming to the table. He’s also a better play-maker than he’s given credit (for). I’m looking forward to seeing some of that, too, because I’m huge when it comes to touching the paint and looking to spray that basketball out to get your teammates easy shots. And then Guerschon, an unbelievable young man. His size, his versatility, he can play the four, the five, maybe some three, who knows?”
  • No. 3 overall pick VJ Edgecombe missed the Sixers‘ first game of the Las Vegas Summer League on Thursday after being diagnosed with a left thumb sprain. He’s still taking part in on-court workouts and will have the injury reevaluated on Saturday, tweets Michael Scotto of HoopsHype.

Free Agent Notes: Giddey, Clippers, Knicks, Metu, Moore

Reports since last October have suggested that a salary of $30MM per year is a target for Josh Giddey and his representatives in their contract talks with the Bulls, and that number continues to be mentioned this summer. However, K.C. Johnson of the Chicago Sports Network (YouTube link) isn’t convinced that’s what it’ll take for the Bulls to get a deal done with the restricted free agent guard.

“Both the Bulls and Giddey want to get a deal done,” Johnson said (hat tip to Benedetto Vitale of Clutch Points). “The Bulls, knowing that the market is scarce and the restricted free agency market has very little movement…are playing the slow game here.

“I don’t have particular numbers, other than to say that Josh Giddey’s $30MM per year price tag – that’s been well documented in media and out there since last fall when the rookie contract extension was discussed – has not ever crossed my radar. I’ve never heard the Bulls mention that number. So I would not expect Josh Giddey to sign a $30MM (per year) deal.”

While Johnson refers to the situation as a “stalemate” for the time being, he stresses that negotiations haven’t been acrimonious and says he fully expects Giddey to be wearing a Bulls uniform next season.

Here’s more on free agency:

  • The Clippers continue to be linked to guards Bradley Beal and Chris Paul and haven’t ruled out the possibility of adding both players, per NBA insider Marc Stein (Twitter link). While Paul is currently a free agent, Beal will need to finalize a buyout with Phoenix before reaching the open market.
  • The Knicks have one roster spot open for a veteran free agent and will likely target a guard, ideally one who can handle the ball, per Stefan Bondy of The New York Post (subscriber link). Breaking down a few possible targets who might make sense for the Knicks, Bondy notes that the team has kept an eye on Marcus Smart in case he and the Wizards work out a buyout agreement.
  • Former NBA big man Chimezie Metu is nearing a deal with the Turkish team Fenerbahce, according to Donatas Urbonas of BasketNews.com, who says the plan is to finalize a one-year agreement if Metu’s medicals check out. The 28-year-old, who appeared in 260 NBA regular season games from 2018-24, tore his Achilles in March, so Fenerbahce wants to make sure his recovery is progressing as planned. Sources tell Urbonas that Metu is targeting a return to the court before the end of the year.
  • After playing for the Spurs during the California Classic Summer League this past week, free agent guard Omari Moore has reached a contract agreement with Valencia, the Spanish team announced in a press release. According to Urbonas (Twitter link), Moore had received NBA interest but has decided to make the move to Spain rather than accepting a two-way contract offer.

Longtime Jazz Coach, GM Frank Layden Passes Away

Former Jazz coach and general manager Frank Layden has died at 93, writes Andy Larsen of The Salt Lake Tribune.

Layden began his NBA coaching career in 1976 as an assistant to Hubie Brown in Atlanta, but he’s best known for his time with the Jazz, whom he joined as GM in 1979 while they were still in New Orleans. He took over as head coach in 1981 and became famous for his colorful personality while leading the franchise to its first taste of NBA success.

Layden was named Coach of the Year and Executive of the Year in 1984 as the Jazz captured their first division title. He built an enduring foundation by drafting John Stockton that year and Karl Malone in 1985, teaming up one of the NBA’s longest-running and most accomplished duos.

Layden continued coaching until 1989, when he turned over the team to assistant Jerry Sloan, who guided Utah to its only two NBA Finals. Layden, who finished with a career record of 277-294 and five playoff appearances, briefly resumed his coaching career in 1998 and 1999 with the Utah Starzz in the WNBA.

“Frank brought relevance to Utah,” said Gordon Chiesa, who worked as an assistant under Layden. “He was unique, he was authentic, he was an original. He treated everyone the same, from a custodian to the mayor of New York City.”

Layden remained with the Jazz for several years as an executive after he stopped coaching. He later worked as a consultant with the Knicks while his son, Scott Layden, was the team’s general manager.

Brandon Judd of The Deseret News shared a 2014 quote from Layden that summed up his philosophy of coaching and life.

“One thing I try to emphasize is it should be fun,” he said. “Anything you do. If you go to school, it should be fun; if you go to work, it should be fun. And then you work and each day there should be some satisfaction that you accomplished something.”

Groups Set For 2025 NBA Cup

The NBA has officially announced the six groups of five teams apiece for the 2025 Emirates NBA Cup, also known as the in-season tournament (Twitter link).

In order to set the groups, the league splits the Western and Eastern Conferences into five three-team tiers based on last season’s regular season standings, with one club from each tier randomly drawn into each of the conference’s three groups.

For instance, the top three teams from the West will all be in separate groups, with each of those three groups also featuring one team in the 4-6 range, one in the 7-9 range, and so on.

Here are the groups for the 2025 NBA Cup:

  • West Group A: Oklahoma City Thunder (1), Minnesota Timberwolves (6), Sacramento Kings (9), Phoenix Suns (11), Utah Jazz (15)
  • West Group B: Los Angeles Lakers (3), Los Angeles Clippers (5), Memphis Grizzlies (8), Dallas Mavericks (10), New Orleans Pelicans (14)
  • West Group C: Houston Rockets (2), Denver Nuggets (4), Golden State Warriors (7), Portland Trail Blazers (12), San Antonio Spurs (13)
  • East Group A: Cleveland Cavaliers (1), Indiana Pacers (4), Atlanta Hawks (8), Toronto Raptors (11), Washington Wizards (15)
  • East Group B: Boston Celtics (2), Detroit Pistons (6), Orlando Magic (7), Brooklyn Nets (12), Philadelphia 76ers (13)
  • East Group C: New York Knicks (3), Milwaukee Bucks (5), Chicago Bulls (9), Miami Heat (10), Charlotte Hornets (14)

The round-robin group play games will be starting a little earlier than usual this season and will run from October 31 to November 28. Each team will face the other four clubs in its group once, with the winners of each group and one wild card team from each conference advancing to the eight-team, single-elimination knockout round.

The full schedule of group play games can be viewed right here.

The quarterfinals will be played on December 9-10, with the semifinals and final to follow on Dec. 13 and Dec. 16, respectively, in Las Vegas. The knockout round games will all be aired by one of the NBA’s new broadcasting partners, Amazon Prime.

The Bucks won last season’s NBA Cup, with star forward Giannis Antetokounmpo earning MVP honors after leading Milwaukee to a victory over the Thunder in the championship game.

James Borrego To Remain Pelicans’ Top Assistant

Pelicans associate head coach James Borrego will remain in his current position on Willie Green‘s staff, Ian Begley of SNY TV tweets.

One of the finalists for the head coaching job in New York, Borrego was rumored to be a prime target for the Knicks as they seek an associate head coach under new head coach Mike Brown. He was also targeted by the Nuggets to be their lead assistant under David Adelman but the Pelicans denied Denver’s front office permission to interview him.

The 47-year-old Borrego has served as associate head coach under Green in New Orleans for the past two seasons. He has previous head coaching experience, compiling a 138-163 record in four seasons with the Hornets.

Borrego has worked in the league since 2010, spending time as an assistant coach with the Hornets, Magic and Spurs before getting the head coaching opportunity in Charlotte. He also served as the interim head coach in Orlando during the 2014/15 season, compiling a 10-20 record in 30 games.

Rick Brunson, who was Tom Thibodeau‘s lead assistant last season, reportedly will have a lesser role under Brown.

Atlantic Notes: R. Brunson, Celtics, Edgecombe, Edwards

Rick Brunson, Jalen Brunson‘s father, will remain on the Knicks‘ coaching staff but he’ll have a reduced role under new coach Mike Brown, Stefan Bondy of the New York Post reports.

Brunson has been on the staff of 2022, the same year that Jalen Brunson joined the Knicks as a free agent. He was Tom Thibodeau‘s top assistant last season, but Brown will hire his own associate head coach.

Darren Erman, Maurice Cheeks and Mark Bryant, who were also members of Thibodeau’s staff, are also expected to return under Brown, Bondy confirms.

We have more from the Atlantic Division:

  • Offering transparency regarding the team’s offseason moves, Celtics president of basketball operations Brad Stevens admitted the trades he’s made — including deals involving Jrue Holiday and Kristaps Porzingis — were designed to get the team under the second tax apron. “We’ve known for a long time that hard decisions were coming,” Stevens said, per Kyle Hightower of The Associated Press. “The second apron is why those trades happened. I think that is pretty obvious. And the basketball penalties associated with those are real. … So that was part of making the decision to push and put our chips on the table and go for the last two years.” However, he won’t call next season a rebuilding year. “That’s not going to be part of the lexicon in our building, and that’s the way we’re going to focus moving forward,” he said.
  • It didn’t take long for the snake-bit Sixers to deal with another injury, though this one is minor. Lottery pick VJ Edgecombe is dealing with a left thumb contusion, which is affecting his Summer League status, Kyle Neubeck of PHLY Sports tweets.
  • Sixers forward Justin Edwards earned a new three-year contract after going undrafted last year. Edwards is proud of what he’s accomplished. “Going undrafted, I didn’t let it determine the rest of my basketball life,” Edwards told Keith Pompey of the Philadelphia Inquirer. “I just worked hard and did what I was able to do and got a contract out of it.”

Knicks Hire Mike Brown As Head Coach

July 7: The Knicks have officially named Brown their head coach, issuing a press release to confirm the news.

“After a thorough and extensive search process, we are pleased to announce Mike Brown as the head coach of the New York Knicks,” team president Leon Rose said in a statement. “Mike has coached on the biggest stages in our sport and brings championship pedigree to our organization. His experience leading the bench during the NBA Finals, winning four titles as an assistant coach, and his ability to grow and develop players will all help us as we aim to bring a championship to New York for our fans.”

“I would like to welcome Mike Brown to New York and the Knicks organization,” Knicks owner James Dolan added in a statement of his own. “Leon and our staff ran a thorough and thoughtful process that led our organization to Mike, and I’m pleased to see him on the sideline for us next season.”

As we relayed on Saturday, Brown has reportedly signed a four-year contract worth an estimated $40MM.


July 2: The Knicks are expected to hire Mike Brown as their new head coach, reports Shams Charania of ESPN (Twitter link). NBA insider Chris Haynes (Twitter link) confirms Brown has been offered the job and says the two sides are working “expeditiously” on finalizing the terms of a contract.

Brown, who began his coaching career as an assistant with the Wizards, Spurs, and Pacers, has since held head coaching positions with the Cavaliers (twice), Lakers, and Kings, as well as spending six years on the Warriors’ staff as Steve Kerr‘s top assistant.

He holds a career regular season record of 454-304 (.599), with a 50-40 (.556) mark in the postseason.

A Coach of the Year in Cleveland in 2009 and again in Sacramento in 2023, Brown helped the Kings snap a 16-year playoff drought two seasons ago, but after the team missed the playoffs in 2024 and got off to a slow start this past fall, he was let go and replaced with Doug Christie.

The Knicks’ decision to hire Brown caps off an eventful head coaching search that began with the team requesting permission to speak to several coaches already under contract with teams. The Mavericks (Jason Kidd), Timberwolves (Chris Finch), Rockets (Ime Udoka), Hawks (Quin Snyder), and Bulls (Billy Donovan) all declined the Knicks’ requests, prompting the club to turn to candidates who didn’t currently hold head coaching jobs.

Brown was one of at least four candidates interviewed by the Knicks, along with Taylor Jenkins, James Borrego, and Micah Nori. The team also reached out to South Carolina’s Dawn Staley to discuss the job, though it’s unclear if she had a formal interview.

Brown had a second interview that included team owner James Dolan on Tuesday, with reporting later in the day indicating he was the frontrunner for the job. He was the only candidate confirmed to get a second meeting.

In his new role, Brown will be tasked with helping a Knicks team that advanced to the conference finals this spring make it over the hump and win its first championship since 1973. He’ll take over a roster headlined by All-Stars Jalen Brunson and Karl-Anthony Towns.

Stein’s Latest: Valanciunas, Horford, Ham, Suns, Reid, More

After reporting on Saturday that the Nuggets plan to go through with their trade for Jonas Valanciunas despite the veteran center’s interest in signing with EuroLeague club Panathinaikos, Marc Stein of The Stein Line reiterates in his latest Substack post that Denver’s front office is “determined to enforce” Valanciunas’ contract and “optimistic” the Lithuanian big man will be a Nugget in 2025/26.

As Stein explains, even if Valanciunas agreed to give back his entire $10.4MM salary for next season in a buyout, which would give the Nuggets enough cap space below the luxury tax line to use the full mid-level exception, Denver still wouldn’t have an easy way to find another backup center, with most of the top free agents already off the board.

Having access to the full MLE would theoretically give the Nuggets the ability to offer a lucrative contract to Al Horford, who is still a free agent, but Stein continues to hear the 39-year-old big man is “destined” to sign with the Warriors, who can currently only offer him the taxpayer version of the MLE.

Valanciunas doesn’t have the ability to unilaterally terminate his contract, and the Nuggets don’t have to accept a buyout even if he did forfeit his entire salary, Stein notes. One source Stein spoke to said a resolution remains uncertain but acknowledged that Valanciunas might have to remain with Denver despite his apparent desire to return to Europe.

Here’s more from Stein:

  • The Suns and Knicks are both looking for a top assistant coach and have expressed interest in trying to lure Darvin Ham away from the Bucks, per Stein. However, Milwaukee is “determined to keep” Ham unless he gets the chance to become a head coach again elsewhere. Stein points out that joining Phoenix or New York would be a lateral move for Ham, since he’s already the Bucks’ top assistant, and says Milwaukee “loves having Ham back” after his two-year stint as the Lakers’ top coach.
  • The Grizzlies are another team in search of a No. 1 assistant under new head coach Tuomas Iisalo, Stein adds.
  • Before trading for Mark Williams and drafting Khaman Maluach, the Suns tried to pursue a sign-and-trade with the Timberwolves for Naz Reid, according to Stein, who writes that Reid’s new five-year, $125MM contract with Minnesota is believed to have played a factor in Myles Turner‘s decision to leave the Pacers for the Bucks in free agency. Indiana reportedly never offered Turner a deal as lucrative as Reid received from the Wolves.