Knicks Plan On Using Stretch Provision On Joakim Noah In September

[RealGM Wiretap]

The New York Knicks are unlikely to bring Joakim Noah back into the organization under David Fizdale. The Knicks plan to part ways with Noah unless they can find a trade involving his two years and $37.8 million remaining on his dea.

The Knicks will use the NBA's waive-and-stretch provision to release Noah after Sept. 1.

After the hiring of Fizdale in June, Knicks management didn't rule out the possibility of Noah rejoining the organization for the 2018-19 season.

Scott Perry has been attempting to move Noah but hasn't come close to finding a deal.

Noah and the Knicks separated in February following a heated argument between Noah and ex-coach Jeff Hornacek.

Phil Jackson signed Noah to a four-year, $72 million deal in 2016.

Via Adrian Wojnarowski, Ian Begley/ESPN

[Psubs]

What about for Ryan Anderson?

[dan-man]

Free $$$ - next step ring chase. following step, retire.

[QBoro KnicksFan]

Terrible move smh

[QBoro KnicksFan]

What about for Ryan Anderson?

Man hell to the naw lol

[ChokeFasncists]

What about for Ryan Anderson?

Why would it make sense for both parties?

OP: Finally! It's over!

He might be able to help a contender with a few minutes per game?

[Laimbeer]

What about for Ryan Anderson?

Anderson is a useful player and doesn't make trouble.

[queridiculo]

Seems like a terrible idea, that's going to be over $7 million in cap space wasted a year for the next 5 seasons?

Would make more sense to just wait out the final two years of the deal and be done with it.

[draftnightsuit]

Terrible nonsensical move. Why would you stretch him with 2 more years when you can wait til next year and stretch him with only 1 more year?

[Dan Z]

Why announce this now? The Knicks season is most likely over with Porzingis out for about half the season. Develop the young players and see if Noah has anything left in the tank. If he doesn't then re-visit this later on in the year or at the end of the season. That's my two cents.

[grindtime22]

Terrible nonsensical move. Why would you stretch him with 2 more years when you can wait til next year and stretch him with only 1 more year?

That is essentially what they are doing when you waive post September 1st.

If a player is waived between September 1 and June 30, his current-year salary is paid on its normal schedule, with any subsequent years spread over twice the number of remaining years, plus one.


I think they should wait though. Go into free agency next year and if they need the space then you pull the trigger then. If you can't land any big guns, then just go ahead and take the hit instead of spreading it out over 3 years.

[ChokeFasncists]

Seems like a terrible idea, that's going to be over $7 million in cap space wasted a year for the next 5 seasons?

Would make more sense to just wait out the final two years of the deal and be done with it.

I guess it's cuz it's nice gesture? Getting rid of a distraction and get a roster spot. It's nice to be over the Phil era.

Or the Knicks are just a play thing for Dolan rather than a serious competitor?

[TheCage4]

Send him to LAL for Luol Deng.

He can spell McGee when he forgets which hoop to dunk on, and Deng can mentor the Knicks young wings.

[the_process]

Noah, Lee, and a 2nd to Minny for Dieng and Teague.

[nedleeds]

Why? Just sit him for this lost season and waive and stretch him next fall.

[imDatknicksTape]

thanks Phail jackson....

not saying we shouldnt have signed Noah, i like the dude but man phil was on drugs to offer him that contract. terrible

[Itzmotto]

Seems like a terrible idea, that's going to be over $7 million in cap space wasted a year for the next 5 seasons?

Would make more sense to just wait out the final two years of the deal and be done with it.

That's not how this plan works.If The Cut and stretch him now is would be 7 million over 5.
If they do it after Sept 1st they paying him his 18 million salary for this year.
Then Next year salary will be split up like 6.5 Million over 3 years.

With Next year being the crazy FA class. Knicks are trying to get money off the books.
Doing this will give them a extra 12 million.

[Clyde Frazier]

Seems like a terrible idea, that's going to be over $7 million in cap space wasted a year for the next 5 seasons?

Would make more sense to just wait out the final two years of the deal and be done with it.

Your profile pic makes me uncomfortable lol

[lonzo_pelota]

its ironic Joakim and Deng got similar 4year deals then almost immediately they were seen as overpriced and inefficient not good enough to play out/fulfill the contract, where was the hindsight from the gm's

[Rollie]

its ironic Joakim and Deng got similar 4year deals then almost immediately they were seen as overpriced and inefficient not good enough to play out/fulfill the contract, where was the hindsight from the gm's

..and I can see both of them going to Minnesota after this is over with.

Funny how they went from people saying they were getting run into the ground in Chicago to not playing at all on their respective teams.