Donte DiVincenzo

Knicks Officially Acquire Karl-Anthony Towns In Three-Team Trade With Wolves, Hornets

The Karl-Anthony Towns blockbuster involving the Knicks, Timberwolves, and Hornets is now official, according to press releases from each of the three teams involved in the deal.

Word first broke last Friday night that an agreement had been reached, with more details reported on Tuesday. The full terms of the trade are as follows:

  • Knicks acquire Towns and the draft rights to James Nnaji.
  • Timberwolves acquire Julius Randle, Donte DiVincenzo, Keita Bates-Diop, and the Pistons’ 2025 first-round pick (top-13 protected; from Knicks).
  • Hornets acquire DaQuan Jeffries (sign-and-trade), Charlie Brown Jr. (sign-and-trade), Duane Washington (sign-and-trade), either the Nuggets’ or Sixers’ 2025 second-round pick (whichever is least favorable; from Timberwolves), the Warriors’ 2026 second-round pick (from Knicks), the Knicks’ 2031 second-round pick, and cash ($7.2MM; from Knicks).

“We are beyond excited to welcome Karl-Anthony Towns to the New York Knicks family,” Knicks president of basketball operations Leon Rose said in a statement. “Karl-Anthony brings a skillset that is unique to the game of basketball. He possesses a blend of playmaking, shooting, rebounding and defending that in combination with his size allows him to compete at a level that is rare in this league. Karl-Anthony has demonstrated throughout his career to be a high caliber player and person on and off the court who will complement the type of team and culture we continue to build in New York.”

Minnesota waived camp invitee Jaedon LeDee in order to accommodate the one-for-three swap, while Charlotte cut guards Marcus Garrett and guard Caleb McConnell to make room on its roster for the three incoming players.

Both the Wolves and Hornets are now at their 21-man preseason limits, while the Knicks have five open spots on their 21-man squad. They’ll reportedly fill one of those spots by re-signing Chuma Okeke.

Our original report on the trade includes more details on the on-court implications of the move for the Knicks and Timberwolves. We also discussed how it will affect New York’s ability to fill out the rest of its regular season roster.

Here are a few more additional notes on the transaction:

  • Randle received his full 15% trade bonus as part of the transaction, confirms ESPN’s Bobby Marks (via Twitter). That bumps the forward’s cap hit for 2024/25 from $28,939,680 to $33,073,920. The cap charge for Randle’s ’25/26 player option ($30,935,520) remains unchanged, since the trade bonus doesn’t affect option years.
  • Towns also had a trade kicker in his contract, but it’s voided because he’s already earning his maximum salary, Marks adds (via Twitter).
  • The three players the Knicks signed-and-traded to the Hornets will each earn exactly $1 more than their respective minimum salaries, per Marks. That works out to $2,425,404 for Jeffries, $2,237,692 for Brown, and $2,162,607 for Washington. Teams aren’t permitted to aggregate multiple minimum-salary contracts for matching purposes in offseason trades, and since Bates-Diop is on a minimum deal, Jeffries, Brown, and Washington couldn’t be. Fred Katz of The Athletic (Twitter link) has heard that the NBA “isn’t thrilled” about the way in which the Knicks circumvented that rule, but it’s technically legal.
  • The Hornets used their $7,983,000 room exception to accommodate those three incoming salaries, becoming the first team to take advantage of the new rule allowing clubs to use their non-taxpayer mid-level exception, room exception, or bi-annual exception to acquire a player via trade. Charlotte now has just $1,157,297 left on that exception.
  • The Timberwolves will create a $4,686,880 trade exception in the deal, which they’d be allowed to use this season despite being a second-apron team. Teams operating above either tax apron are prohibited from using trade exceptions that were generated during the previous season, but can use newly created TPEs.
  • Because they sent approximately $7.2MM to the Hornets in the deal, were responsible for paying Randle’s $4.13MM trade bonus, and will reportedly pay Partizan Belgrade an estimated $850K for Washington’s buyout, the Knicks are on the hook for more than $12MM in cash, separate from player salaries, as a result of the deal.

Hornets To Receive Three Second-Rounders, Three Players In Towns Blockbuster

The Hornets are receiving three second-round picks along with DaQuan Jeffries, Charlie Brown Jr. and Duane Washington Jr. as the third team in the KnicksTimberwolves blockbuster trade, Shams Charania, Jon Krawczynski and Fred Katz of The Athletic report (via Twitter). A pair of those second-rounders are coming from the Knicks, while the Timberwolves will provide the other one.

The Knicks, of course, are acquiring Karl-Anthony Towns in the trade, while Julius Randle, Donte DiVincenzo, Keita Bates-Diop and a protected Pistons first-round pick controlled by New York are headed to Minnesota.

The Knicks will also receive the rights to 2023 draft pick James Nnaji from Charlotte, Katz tweets.

Jeffries has appeared in a total of 64 NBA games for four different teams. He saw action in 17 games off the bench for New York last season.

Brown has appeared in NBA games for five organizations since entering the league in 2019/20. He played eight games for the Knicks last season.

Washington has played a total of 79 games for Indiana and Phoenix. Washington, who didn’t appear in an NBA game last season, signed a two-year contract with Serbia’s Partizan Belgrade in July.

ESPN’s Bobby Marks provides more details on Charlotte’s haul (Twitter link). Minnesota is shipping a 2025 second-rounder (the least favorable of Denver’s or Philadelphia’s picks). The Knicks are giving up a 2026 pick that Golden State owed them and their own 2031 second-rounder.

The trio of veteran players are involved in sign-and-trades and Charlotte will also collect a total of $7.2MM in cash from the Knicks, Marks notes. That’s the maximum amount of cash a team can trade in 2024/25, so New York won’t be permitted to sent out cash in any subsequent deals.

The cash Charlotte receives will offset the salaries of the three players, who will earn a combined $6.8MM, Marks adds (Twitter link). The Hornets are using their room exception to make those acquisitions, making them the first team to take advantage of new rules allowing teams to trade for players using the non-taxpayer mid-level, room, or bi-annual exception.

Partizan and Washington will agree to a buyout freeing him up for the sign-and-trade deal, but Charlotte plans to waive him, so he could re-sign with the Belgrade-based club, Ian Begley of SNY TV tweets.

Nnaji, the 31st pick of the 2023 draft, is a draft-and-stash prospect who struggled to get rotation minutes with Spanish powerhouse Barcelona in ’23/24. He’s playing for Spain’s Girona on loan from Barcelona this season.

As we outlined on Saturday when we discussed the cap implications of the trade for the Knicks, they’ll have just 12 players under contract once the deal is official and won’t have enough room under their hard cap to carry two more players on veteran minimum deals.

In all likelihood, they’ll carry a 13th man on a minimum-salary contract (possibly Landry Shamet) and will promote either Kevin McCullar or Ariel Hukporti to the standard roster. They’d also have the option of signing a draft-and-stash prospect as their 14th man, though most viable candidates for an NBA roster spot are under contract with teams elsewhere.

Knicks Notes: Brunson, Bridges, Hart, Towns, Anunoby

The Knicks‘ three major trades in the past nine months — bringing in OG Anunoby, Mikal Bridges and Karl-Anthony Towns — were a result of seeking out the best possible players to complement Jalen Brunson, writes James L. Edwards of The New York Post. As Edwards points out, when the front office began to spend the collection of draft assets and young talent it had built up, it didn’t settle for just any 3-and-D wings or floor-spacing big men. It got three of the best players on the market.

“I haven’t really processed it,” Brunson responded at Monday’s media day when asked about how the team has been built around him. “Yeah, we’ll cross that bridge when we get to it, but I just know that we have a lot of guys who are hungry and willing to do whatever it takes. I would never consider myself (a face of the franchise). There are definitely people on the outside who can say it if they want, but I’m a leader of this team, I want to lead this team and I’m grateful of the opportunity. I don’t take this for granted.”

The collection of talent in New York not only makes the Knicks a legitimate title contender for the first time in years, it could turn Brunson into a serious MVP candidate, Edwards notes. Bridges, his former teammate at Villanova, hasn’t been surprised by Brunson’s NBA success.

“I knew throughout college, but I really knew when he signed (with the Knicks),” Bridges said. “I knew what he was going to do, especially in the league we play in. Him having the ball and being able to be ball dominant … his efficiency is out of the roof. I knew what he was going to be able to do with the ball in hands here, more than what he was able to do in Dallas.”

There’s more from media day in New York:

  • Brunson talked about the difficulty of losing Julius Randle and Donte DiVincenzo, who are being sent to Minnesota in the Towns trade, per Justin Tasch of The New York Post. “That was definitely tough. Thankful that Julius welcomed me with open arms here. That news, it was crazy,” Brunson said. “I’m really thankful for them and their friendships and everything and what they brought to this team. Really thankful I got to get a relationship with Julius. The memories we made together was really fun. Donte, he was a groomsman in my wedding. That should tell you everything you need to know about our relationship. Love him to death.”
  • Bridges brushed aside media day questions about a potential contract extension, but said he’s looking forward to teaming up with Towns once the trade is finalized, per Adam Zagoria (Twitter link). “I like KAT, man, I played against him for years,” Bridges said. “He can stretch the floor. You forget until you stand next to him just how tall he is. He’s tall as hell. Obviously a great player.”
  • Josh Hart is also ready to get the trade done so Towns can report to camp, saying, “We’re extremely excited with what we have — officially and unofficially, and we’re excited to get started,” Zagoria adds (Twitter link). Hart stated that being dealt to Minnesota is probably “difficult” for Randle because of the role he played in helping the Knicks become competitive again.
  • Anunoby, who got a new five-year, $212.5MM contract this summer, indicated that re-signing with the Knicks was his first choice all along, tweets Ian Begley of SNY. “I always wanted to be here, so it wasn’t a hard decision for me,” Anunoby said.

New York Notes: Towns Trade, Knicks, Simmons, Nets

The Knicks are still working through the details of their blockbuster trade for Karl-Anthony Towns, which has yet to be finalized. Why did they choose to go all-in on the 28-year-old big man?

For starters, president of basketball operations Leon Rose was Towns’ representative when he was the head agent at CAA, notes Ian Begley of SNY.tv. Knicks executive William Wesley is also close with the Towns family, per Begley — clearly there’s an affinity between the two sides.

As Begley writes, the Knicks view Towns as an ideal complementary piece to their core roster, particularly on offense with Jalen Brunson. Towns’ presence should create more driving lines for Brunson and make it more difficult for opponents to trap him.

Begley confirms New York has coveted Towns for some time, but trade talks with Minnesota didn’t pick up steam until the Knicks signaled a willingness to include Donte DiVincenzo in the package. Begley isn’t sure why the Knicks changed their mind — they were opposed to dealing DiVincenzo for the majority of the offseason.

According to Begley, DiVincenzo wasn’t thrilled with the idea of playing a reduced role this season after he had a career year in 2023/24. Still, Begley doesn’t think that had much to do with New York’s decision. He speculates that Julius Randle‘s contract situation (he can be a free agent in 2025 if he declines his 2025/26 player option) and Mitchell Robinson‘s injury absence were likely bigger factors.

Here’s more on the two New York-based teams:

  • While all eyes will be on Towns with training camp about to begin, Stefan Bondy of The New York Post believes Mikal Bridges is the “most intriguing” player the Knicks acquired this offseason. Bondy projects a starting lineup of Brunson, Bridges, Josh Hart, OG Anunoby and Towns, with Miles McBride likely the team’s sixth man. With major roster changes and some players coming off injuries, Bondy expects the Knicks to look sluggish in preseason.
  • Ben Simmons‘ health is the biggest storyline to watch for the Nets as they enter training camp, writes Brian Lewis of The New York Post. Simmons has appeared in just 57 of 246 regular season games over the past three seasons — including 15 in 2023/24 — and is coming off a second back surgery. However, he’s fully cleared for camp and has been one of the team’s standouts in pickup games, sources tell Lewis. Second-year big man Noah Clowney and offseason acquisition Ziaire Williams are two other players who have played well in informal games ahead of camp, Lewis adds.
  • In a pair of stories for The New York Post, Lewis examines the other Nets storylines ahead of training camp and provides a rundown of their 20-man roster, which is one player shy of the offseason limit.

More Notes On Blockbuster Knicks/Timberwolves Trade

Before news of the Karl-Anthony Towns trade broke on social media on Friday night, Timberwolves president of basketball operations Tim Connelly visited Towns at his Minnesota home to let him know that he was being traded to the Knicks, according to Jon Krawczynski of The Athletic.

As Krawczynski details, the fact that the Wolves moved off one of their highest-paid players didn’t come as a total surprise, given the team’s high payroll in 2024/25 and beyond, but the timing of the move was “an absolute thunderbolt that no one saw coming” after the team spent the offseason lauding its roster continuity and chemistry.

According to Krawczynski, the Wolves had an increasingly difficult time envisioning a scenario in which they were able to keep their existing roster intact beyond the 2024/25 season. Sources tell The Athletic that if Towns had stayed in Minnesota long-term, it likely would’ve meant parting with fan favorite Naz Reid and Nickeil Alexander-Walker.

Getting two rotation players – Julius Randle and Donte DiVincenzo – in exchange for one will create more flexibility going forward for the Wolves, especially since Randle has the opportunity to reach free agency in 2025. While it doesn’t sound like there are any immediate plans to flip the newcomers – Krawczynski says Randle has “plenty of advocates” in Minnesota and the team has long had interest in DiVincenzo – their contracts should make them easier to move on the trade market, if necessary, than Towns was with four years and $220MM left on his deal, Krawczynski observes.

Here’s more on the Towns trade, which is still in the process of being finalized:

  • The Knicks repeatedly called the Timberwolves over the years to express their interest in Towns, but those discussions never really evolved into full-fledged negotiations until now, says Fred Katz of The Athletic.
  • While the “Villanova Knicks” won’t get to take the court this season – with DiVincenzo sent to Minnesota before Mikal Bridges has played his first game as a Knick – the club is excited about the way that Towns will complement Bridges, Jalen Brunson, and OG Anunoby, league sources tell The Athletic. Katz adds that Towns’ plus-minus numbers helped convince the Knicks to roll the dice on him, as the Wolves have consistently been better with him on the court throughout his career.
  • There’s not expected to be any lingering tension between Towns and former Wolves head coach Tom Thibodeau. Towns has publicly spoken about harboring no ill feelings toward Thibodeau after their up-and-down time together in Minnesota from 2016-19, and a source close to the Knicks’ head coach says he feels the same way, per Katz. “If a guy can play,” that source said, “Thibs wants him.”
  • Although Towns and Randle have seven All-Star nods between them, both stars come with their share of question marks related to their injury histories, contract situations, and defense. Michael Pina of The Ringer considers the risk that both sides are taking on by making this move and questions the timing of the agreement.
  • In his analysis of the deal, John Hollinger of The Athletic notes that the Knicks addressed their center problem by acquiring Towns, but run the risk of creating “enough other issues that the cure may be worse than the disease.” Specifically, the deal will hurt the team’s wing depth and create major long-term cap challenges, Hollinger writes.
  • James L. Edwards III of The Athletic also isn’t 100% sure that the trade will make the Knicks a better team. Edwards acknowledges that Towns is the best player in the deal, but points out that he won’t address the team’s two biggest short-term needs: frontcourt defense and secondary play-making.
  • ESPN’s Ramona Shelburne, Chris Herring, and Bobby Marks take a look at what the move means for both the Knicks and the Timberwolves and explore the biggest remaining question marks related to the deal.

Knicks Closing In On Trade For Karl-Anthony Towns

The Timberwolves and Knicks are close to completing a blockbuster deal that will send Karl-Anthony Towns to New York.

The Knicks’ package will center around Julius Randle and Donte DiVincenzo, according to The Athletic’s Shams Charania and Jon Krawczynski. Krawczynski adds (via Twitter) that Keita Bates-Diop is headed from New York to Minnesota too.

Minnesota is also receiving the first-round pick that the Pistons owe the Knicks, according to Steve Popper of Newsday (Twitter link). That first-rounder is for 2025, but is top-13 protected. If it lands in its protected range, it would roll over to 2026 (top-11 protected) and 2027 (top-nine protected) before turning into a ’27 second-round pick.

The Knicks are sending DaQuan Jeffries and draft compensation to the Hornets to help facilitate the deal, Charania adds (Twitter link). Charlotte will also acquire cash from New York, per Roderick Boone of The Charlotte Observer.

Jeffries’ new contract is expected to start around $3MM, tweets Ian Begley of SNY.tv. It will have to cover three seasons, but only the first must be guaranteed.

The parties are still working through the details, as the Knicks will need to more salary to make the trade legal, but talks intensified over the last 24 hours, ESPN’s Bobby Marks tweets. It’s a stunning turn of events right before the start of training camp. New York was already involved in a major deal this offseason, trading for the Nets’ Mikal Bridges.

The addition of Towns would give the Knicks more flexibility with their lineup but would come at a large long-term cost in terms of payroll. Towns’ monster four-year, $220MM super-max extension kicks in this season. He’s due to make $49,205,800 this season and his salary escalates over the life of the contract.

Randle has a $28,939,680 salary this season and holds a $30.9MM player option next offseason. DiVincenzo is in the second year of a four-year, $46.87MM contract, including a $11,445,000 salary this season.

Neither the Knicks nor the Timberwolves can take back more money than they send out, since both teams are operating above the $178.1MM first tax apron, cap expert Yossi Gozlan points out (Twitter link). The Wolves are currently over the second apron as well.

Randle also has a trade bonus worth $4.1MM that will be triggered as a result of the deal, according to Gozlan (Twitter link). Trade kickers can be waived partially or entirely to help accommodate a move, though there’s been no indication yet that the forward will do so.

Long-term salary cap implications would certainly factor into Minnesota’s decision, if the deal goes through. Moving off of Towns’ pricey contract will help the Wolves keep the rest of their core together and eventually extend key frontcourt pieces like Rudy Gobert and Naz Reid during a tumultuous time for team ownership. Towns has also suffered a number of injuries during his career, which could also be a factor in the Timberwolves’ thinking.

Towns will give the Knicks a dynamic frontcourt scoring option to complement All-Star guard Jalen Brunson. He could also fill the center spot, which is in flux with Mitchell Robinson sidelined by injury and Isaiah Hartenstein signing as a free agent with Oklahoma City, and slide over to the power forward position at times when Robinson returns. A league source tells Stefan Bondy of The New York Post (Twitter link) that the club views Towns as an ideal complement to its core of Brunson, Bridges, and OG Anunoby.

As Charania and Krawczynski write, Towns grew up as a Knicks fan near New York City and had long been on the team’s radar. The four-time All-Star is also a client at CAA, the former agency of current Knicks president of basketball operations Leon Rose. The Knicks contacted the Wolves about Towns repeatedly over the last two years, sources tell The Athletic, and “stepped up” their pursuit in recent days, tweets Chris Hine of The Star Tribune.

Still, Towns – who had been in Minnesota since being drafted first overall by the team in 2015, had been fiercely loyal to the Wolves over the year, sticking with the team through some challenging years and repeatedly professing a desire to remain with the organization for his entire career. He was “stunned” by the news of the trade, a source tells The Athletic.

It’s also worth noting that Towns and Knicks head coach Tom Thibodeau had a somewhat strained relationship during their overlap in Minnesota from 2016-19, though Krawczynski says Towns has moved past that and holds “no ill feelings” toward Thibodeau.

Randle will replace Towns as the Timberwolves’ power forward, though Reid – a better long-distance shooter than Randle and a good fit next to Gobert – also figures to play a key role in filling the hole created by Towns’ departure.

Sources tell Ramona Shelburne of ESPN (Twitter link) that the Knicks and Randle – who spent the offseason recovering from shoulder surgery – hadn’t made any progress in contract extension negotiations, which made the club more inclined to move him. The Pistons, Hawks and Heat are among the other teams the Knicks talked to regarding potential Randle trades, Begley tweets.

DiVincenzo will provide Minnesota with a solid three-point shooting wing. He’s coming off a career year in which he averaged 15.1 points per game.

As Jake Fischer tweets, the Timberwolves targeted DiVincenzo when he was a free agent in 2023 and he reciprocated their interest at the time before choosing the Knicks. DiVincenzo’s inclusion in the deal was a sticking point for the Wolves, who became “very intrigued” once the Knicks were willing to put him on the table, says Begley (Twitter link).

According to Krawczynski, the Wolves believe the added flexibility the trade provides will put them in a better position to contend in the long-term and maximize Anthony Edwards‘ window.


Luke Adams contributed to this story.

Knicks Notes: Center Options, Wing Depth, Brunson, Randle

Even if Mitchell Robinson can manage to avoid serious injury this season, he may not be the center the Knicks want on the court once they reach the playoffs, John Hollinger and Fred Katz of the Athletic write in a discussion about the team. Hollinger notes that while Robinson’s skills as a rim protector and offensive rebounder are valuable, New York was at its best with the pick-and-roll game and switchable defense of Isaiah Hartenstein, who signed with Oklahoma City in free agency.

Although he doesn’t expect the Knicks to add another center before training camp, Hollinger believes trade options will become available as the season wears on. He suggests the SunsJusuf Nurkic as a possibility if Phoenix gets off to a disappointing start or the Trail Blazers’ Robert Williams III, who may be a third-stringer in Portland behind Deandre Ayton and lottery pick Donovan Clingan. Larry Nance Jr., who was recently traded to the Hawks and has an $11MM expiring salary, could also be considered.

Another option that Hollinger and Katz discuss is experimenting with Julius Randle at center. Katz states that coach Tom Thibodeau has resisted using Randle as a small-ball five, but New York’s strong perimeter defense can make up for the lack of a shot-blocker.

There’s more on the Knicks:

  • Wing depth has become New York’s best attribute since the trade for Mikal Bridges, Hollinger states in the same piece. He cites Bridges, OG Anunoby, Josh Hart and Donte DiVincenzo as “automatic starters” for most teams, while the Knicks also have Miles McBride to handle minutes at two guard. Hollinger expresses concern about backup point guard, where McBride hasn’t shown an ability to create offense, Cameron Payne is with his fourth team in a little over a year and second-round pick Tyler Kolek isn’t likely to play much as a rookie.
  • Jalen Brunson has been selected as captain for the upcoming season, the Knicks announced (via Twitter). Brunson, who recently signed a four-year, $156.5MM extension that’s well below his market value, becomes the 36th captain in team history and the first since Lance Thomas during the 2018/19 season. “Jalen is a natural born leader, and I am confident he will continue to represent our organization, fans, city and his teammates with the same heart, grit and class he has displayed each and every day since he came to New York,” team president Leon Rose said.
  • The Knicks should work out an extension with Randle before the start of the season as a reward for his role in turning around the franchise, David Vertsberger contends in an SNY column. Randle is eligible for a new deal that could be worth up to $181.5MM over four years.

Knicks To Acquire Mikal Bridges From Nets For Bogdanovic, Multiple First-Rounders

The Nets have agreed in principle to trade forward Mikal Bridges to the Knicks for Bojan Bogdanovic, four unprotected first-round picks, a protected first-round pick via the Bucks, an unprotected pick swap, and a second-rounder, ESPN’s Adrian Wojnarowski reports.

It’s a stunning development for both New York clubs, who haven’t made a trade with one another since 1983, as Fred Katz of The Athletic tweets.

The Knicks’ draft capital heading to Brooklyn will be their 2025, 2027, 2029 and 2031 first-rounders. The pick that the Bucks owed the Knicks was their 2025 first-rounder (top-four protected). The unprotected pick swap will come in 2028, while the second-rounder will be in 2025 (Brooklyn’s own). The Knicks will receive a 2026 second-round pick along with Bridges, according to Wojnarowski (Twitter link).

It’s a huge haul for the Nets, who acquired Bridges from the Suns in the 2023 Kevin Durant blockbuster. Bridges appeared in all 82 games this past season, averaging 19.6 points, 4.5 rebounds and 3.6 assists per contest.

Bridges made a trade request to be dealt to the Knicks, Ian Begley of SNY TV tweets. The forward is entering the third season of a four-year, $90MM contract and wanted to rejoin former Villanova teammates Jalen Brunson, Donte DiVincenzo and Josh Hart. He was prepared to tell any other teams looking to trade for him that he’d eventually sign with the Knicks as a free agent, Begley adds (via Twitter).

The Grizzlies and Jazz were among the other suitors who were prepared to offer “significant draft packages” for Bridges, sources tell Wojnarowski. The Rockets also had interest in Bridges, according to Jake Fischer of Yahoo Sports, who disputes Begley’s claim that the 27-year-old requested a trade but confirms he was interested in joining the Knicks.

Bridges will take some of the scoring load off of Brunson and Julius Randle while providing New York head coach Tom Thibodeau with another versatile piece on defense. The former Sun and Net will be eligible to sign a two-year extension as of October 1, or a longer deal next offseason.

Bridges is due to make $23.3MM next season. Bodganovic, who has a $19MM expiring contract for next season, looks more like a salary-matching piece than a player Brooklyn is specifically targeting, so he may not be a Net for long.

While only $2MM of Bogdanovic’s salary for 2024/25 is currently guaranteed, that partial guarantee will have to be increased to at least $14.2MM to make this trade work. That means he could end up be dealt again, as his larger partial guarantee makes him less likely to be waived, cap expert Yossi Gozlan notes (Twitter link). Bogdanovic is projected to return in October from the foot and wrist surgeries he required this spring, sources tell Fischer.

The Knicks will apparently still look to re-sign OG Anunoby, who has decided to opt out of his contract and become an unrestricted free agent, Wojnarowski tweets. However, New York is preparing to lose Isaiah Hartenstein in free agency, according to Begley (Twitter link). Hartenstein is expected to be a top target for several teams in free agency, and the Knicks — who only hold his Early Bird rights — can offer a max of four years and approximately $72.5MM.

Assuming the trade is completed as reported, without additional players added, the Knicks will be hard-capped at the first tax apron (projected to come in around $178.7MM) for the 2024/25 league year, since they’ll be taking back more salary than they send out. That will put a limit on New York’s spending power to fill out the roster, though the team should still have enough wiggle room to make a strong offer to Anunoby.

The Nets, meanwhile, are in position to create a new traded player exception worth $21.7MM if they take Bogdanovic into their previously created $20MM+ exception, Gozlan observes (via Twitter). If they go that route, they’d be hard-capped at the first apron in ’24/25 as well, since they’d be using a trade exception created prior to this offseason.

The Nets have also worked out a separate deal with the Rockets involving draft picks, according to Wojnarowski.

In that agreed-to trade with Houston, Nets are trading a 2025 Suns pick swap, a 2027 Suns first-rounder, and a first-rounder and swap in 2029 in exchange for their own 2025 pick swap and 2026 first-rounder from the James Harden trade, The Athletic’s Shams Charania tweets.

The Rockets’ motivation is to use the draft capital to help acquire an impact player. While the Rockets are intrigued about pursuing a Kevin Durant deal, Phoenix is inclined to run it back with its core group. Thus, the Rockets are now determined to use the Suns picks to be aggressive on deals elsewhere, Wojnarowski tweets.


Luke Adams contributed to this post.

Knicks Notes: McBride, Hartenstein, DiVincenzo, Anunoby, Burks

After losing back-to-back games in Indiana, the Knicks made a lineup change ahead of Game 5, inserting Miles McBride into Precious Achiuwa‘s spot in the starting five. As Ian Begley of SNY.tv writes, the move paid major dividends.

The Knicks outscored the Pacers by 26 points during McBride’s 40 minutes on the court, and the extra spacing afforded by his presence gave Jalen Brunson more room to operate — the Knicks star took advantage by scoring a series-high 44 points in the blowout victory. McBride was also one of the primary defenders on Pacers guard Tyrese Haliburton, who contributed just 13 points and five assists on the night.

“Huge,” Donte DiVincenzo said of McBride’s impact, per Begley. “Offensively, spacing the floor, being aggressive. And defensively making it hell full court, denying it. Being able to be in help and get back. He was special tonight.”

Despite using a smaller lineup, with the 6’2″ McBride replacing the 6’8″ Achiuwa, the Knicks dominated the game inside. They outscored Indiana by a 62-36 margin in the paint and grabbed 53 rebounds (20 offensive) compared to just 29 (five offensive) for the Pacers. Seventeen of those rebounds, including 12 offensive boards, went to Isaiah Hartenstein, who said playing “physical” basketball was a priority for him heading into Tuesday’s game.

“I feel like the games in Indiana, I wasn’t playing like myself, wasn’t physical,” Hartenstein said, according to Peter Botte of The New York Post. “I was letting them kind of play how I play, so just coming in, that was the biggest thing I wanted to do.”

Here’s more on the Knicks as they prepare to head back to Indianapolis with a 3-2 series lead:

  • DiVincenzo and Myles Turner got into a brief altercation in the third quarter of Tuesday’s game and had to be separated (Twitter video link). After DiVincenzo threw down a big dunk, he came back up the court and attempted to fight through a Turner screen, but got called for a foul. According to Brian Lewis of The New York Post, Turner seemed to take exception with an elbow to the gut from the Knicks wing on the play. “They were trying to be tough guys. And that’s not their identity, and there’s nothing more to that,” DiVincenzo told reporters after the game. “I don’t agree with trying to walk up on somebody. … Nobody is going to fight in the NBA. So take the foul, keep it moving. You’re not a tough guy. Just keep it moving.”
  • Head coach Tom Thibodeau said on Tuesday that injured forward OG Anunoby (hamstring strain) was doing some “light work” on the court, as Begley tweets. However, in a pregame TNT segment, sideline reporter Chris Haynes (Twitter video link) suggested that Anunoby is probably a long shot to play again in this series, stating that a potential return for the Eastern Conference Finals is more likely.
  • After not playing in any of the Knicks’ first seven games of the playoffs, Alec Burks has emerged as a reliable rotation piece since Anunoby went down, scoring 14, 20, and 18 points in his past three games. “He’s been giving us huge minutes this series,” Josh Hart said (story via Botte). “He’s a true professional, someone who’s staying ready. You see him every day working hard, getting his shots up. That’s what pros do. When they’re not in the rotation they continue to get better, continue to stay ready. When his number was called he came out and provided for us when we desperately needed it. He’s a true pro, someone who we’re going to continue to rely on for those minutes.”

Knicks Notes: Anunoby, Brunson, Hartenstein, Hart, DiVincenzo, Adjustments

OG Anunoby won’t play in Game 5 of the Knicks’ series against the Pacers on Tuesday due to a strained left hamstring, but the injury report isn’t all bad news, Steve Popper of Newsday tweets. Jalen Brunson, who is battling a right foot injury, and Isaiah Hartenstein, who banged his left shoulder in Game 4, are not on it. Anunoby hasn’t played since Game 2.

We have more on the Knicks:

  • They were embarrassed by their performance in Game 4, when they lost by 32 points. Ironman Josh Hart took his share of the blame, Stefan Bondy of the New York Post writes. “It’s the playoffs. You gotta find it. That’s something that we didn’t do (Sunday),” Hart said. “I put that on my shoulders, someone who brings energy, brings hustle, the kinda things I didn’t do (Sunday).  It’s time to get better. It’s rest and recovery. But mentally, we gotta make sure we’re prepared to do everything we need to do to get a win on Tuesday.”
  • The Knicks return home for Game 5 and Donte DiVincenzo is confident the Game 4 stinker won’t carry over, according to Mike Vaccaro of the New York Post. “We’ll be fine,” he said. “We’re not worried about it. I know this group and Tuesday is a different game. It has nothing to do with (Sunday). It’s always good to go home. It’s also better to go home after a loss like this where mentally everybody is locked in and ready for the next game and then we will have that energy from the Garden to feed off as well. It’s super big for us. Like I said, this group is going to respond.”
  • What kind of adjustments can the Knicks make? Fred Katz of The Athletic speculates they might use Brunson more off the ball, running him around screens and having Hart or DiVincenzo initiate the offense. They could also tweak the starting lineup, going with Miles McBride in place of Precious Achiuwa to create better spacing on offense.