HoopsHype Steve Novak rumors

August 12, 2012 Updates
July 18, 2012 Updates

Steve Novak hoped Linsanity would return to New York, but he agrees that Houston’s back-loaded, poison pill contract offer was “ridiculous.” “It can be looked at as a ridiculous contract in the sense that it’s a $5 [million], a $5 [million] and a $15 [million over the first three years],” Novak told SNY.tv Wednesday at the Steve Novak Basketball Camp at Sleepy Hollow High School. “It is kind of ridiculous in terms of the structure. I don’t think in terms of Jeremy’s value that it’s ridiculous. I think everybody knows that. He’s very valuable….I wasn’t there when Carmelo said it but ‘ridiculous contract,’ I think probably means more the fact that there’s a max offer being offered in the third year when the first two was a five.” The Knicks Blog

Now that Lin is gone to Houston, Novak said he’s “shocked.” “I think more than anything, most people are shocked,” he said. “I don’t think anybody saw the possibility of Jeremy being anywhere else.” The Knicks Blog

Steve Novak: “@AdamZagoria: Novak Agrees Houston Contract Offer to Lin Was ‘Ridiculous’ http://www.theknicksblog.com/2012/0… (Very misleading headline, read what I said) Twitter

"In free agency, you have to do what you feel is best for your family and I believe being here was," Novak said. "I definitely anticipated Jeremy being back, but it wasn't the only reason I came back." ESPN.com

July 12, 2012 Updates
July 11, 2012 Updates

The Lin offer sheet should be a priority because no other move they will make has the ability to spur season-ticket sales than signing “17.’’ The Knicks also will officially sign Jason Kidd, Steve Novak, J.R. Smith, James White and formally execute the sign-and-trade for Marcus Camby. It’s a busy day for general manager Glen Grunwald, who probably won’t match Landry Fields’ three-year, $18.5 million offer sheet from the Raptors, with Smith now aboard. New York Post

July 9, 2012 Updates

Adrian Wojnarowski: Steve Novak has agreed to terms with New York, his agent Mark Bartelstein says. Twitter

July 4, 2012 Updates

The Knicks likely won't match the three-year, $18.7-million offer sheet Toronto gave Landry Fields. If they can pull off a sign-and-trade for a point guard, they still will have the mini-midlevel exception to use on Marcus Camby or Rashard Lewis. They are expected to re-sign J.R. Smith to a one-year deal, and Steve Novak remains a part of their plans. Newsday

July 3, 2012 Updates

Steve Novak's agent, Mark Bartelstein, tells @SNYtv "about a dozen" teams have expressed interest in Novak, an unrestricted free agent. Novak has expressed a desire to return to the #Knicks, but Bartelstein previously told @SNYtv, "He’ll be a free agent and we’ll jump into this thing." Sulia

Knicks GM Glen Grunwald said on the night of the NBA draft that his priority is re-signing not only Smith, but Jeremy Lin, Steve Novak and Landry Fields. "We want to keep both (Lin and Novak) and keep Landry and J.R.," Grunwald said on Thursday night. "They're all valuable players and we're going to try to keep all four of them. We have some (recruiting) plans. We've been in contact with our own free agents and they've expressed their desire to come back. They know we love them and want them. We'll do the negotiating and hopefully it all works out." ESPN.com

July 2, 2012 Updates

The Knicks feel good about their chances of re-signing Steve Novak despite nearly a dozen teams contacting his agent yesterday on the first day of free agency. But as a back-up plan, the Knicks have targeted free-agent forward, Anthony Tolliver as a possible replacement, according to sources. Tolliver was an excellent 3-point shooter two seasons ago with the Timberwolves before being hampered by a wrist injury last season. New York Post

July 1, 2012 Updates

The Knicks have free agents that the Suns could want in a deal but they probably could sign them outright without needing a sign-and-trade, such as Jared Jeffries and Steve Novak. That’s why it is possible the Knicks would have to include one of their signed players. The Suns would probably want Iman Shumpert. Ater a solid rookie season, he is rehabbing from a torn ACL and isn’t back until January at the earliest. The Knicks could also look into a sign-and-trade for Raymond Felton with Portland. New York Post

Steve Novak wants to return to the Knicks. That's one of the reasons for the arbitration hearing. But he's going to have his agent listen to other team's offers. All things being equal though, he wants back. "The ruling was great to be able to keep this Knicks team together," Novak said Saturday. "For me and Jeremy, it was something that pretty much had to happen for that to happen." Sulia

June 30, 2012 Updates

I spoke to Steve Novak earlier today. he was elated the union won the appeal for his "early Bird" rights. Novak called it "huge" because that was the only way for him to continue to play with Jeremy Lin and the Knicks. He will receive plenty of interest, but he feels the Knicks want him back and said he's "optimistic" about being back. Sulia

As NBA free agency opens tonight (midnight), #Knicks will make heavy overtures to free agent targets such as Steve Nash and Jason Kidd, but also focus in-house with free agents Jeremy Lin, Steve Novak, J.R. Smith and Landry Fields, but don't expect any immediate action. This is a new climate with a new CBA, so its worth seeing what the market sets for each player. Contracts can't be signed until July 11, so the next 10 days will be a nerve-wracking whirlwind. Sulia

June 29, 2012 Updates

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