Ian Begley: Knicks announce signings of Taj Gibson & Alec Burks. NYK re-worked Gibson’s deal & signed him for 2-years, $10.1M via an exception. Burks’ 3-year deal starts at $9.5M & has a team option in final year. ESPN 1st reported Gibson. Leon Rose on return of Burks, Nerlens Noel & Gibson: pic.twitter.com/J7MpxwlLCw
Alec Burks Rumors
All NBA Players
Position: G
Born: 07/20/91
Height: 6-6 / 1.98
Weight:195 lbs. / 88.5 kg.
Salary: $9,536,000
Born: 07/20/91
Height: 6-6 / 1.98
Weight:195 lbs. / 88.5 kg.
Salary: $9,536,000
Ryan McDonough: Kemba Walker will sign a 2 year contract with the Knicks in the $8-9 million range, per league sources. New York also has Team Options for the final seasons on the Alec Burks, Nerlens Noel and Derrick Rose contracts (in addition to Evan Fournier’s, as was previously reported)
Other cap notes: Derrick Rose’s deal with the Knicks is expected to be via the Early Bird exception, sources confirm. So the Knicks should have roughly $8 million in cap space left over following the deals agreed upon with Rose, Nerlens Noel, Alec Burks and Evan Fournier. All of the contracts agreed to on Monday were not fully guaranteed in the final season, SNY has learned (immediately after the Burks deal was agreed upon, SNY reported that it would be fully guaranteed. We regret the error).
