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
NBA Rumor: Taj Gibson Free Agency
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Knicks, Taj Gibson restructure deal, will now be two-year contract
Taj Gibson staying in New York
Ian Begley: Taj Gibson has agreed to a one-year, $2.7 million deal to return to the Knicks, Mark Bartelstein of @Priority Sports tells SNY.
Adrian Wojnarowski: Free agent forward Taj Gibson is signing with the New York Knicks, his agent Mark Bartelstein of @Priority Sports tells ESPN. The Knicks are waiving forward Omari Spellman, sources said. @Ian Begley first.
Bobby Marks: New York will have a $1,988,280 cap charge on Omari Spellman. Based on the pro-rated minimum salary, Taj Gibson will have a cap hit of $1.4M ($2.3M in salary). Cap space now projects at $17M.
Knicks to add Taj Gibson
Shams Charania: The New York Knicks are planning to sign free agent Taj Gibson, sources tell @TheAthleticNBA @Stadium.
Knicks planning to waive Omari Spellman to make room for Taj Gibson
Taj Gibson back on Knicks' radar
It was always surprising Tom Thibodeau’s Knicks didn’t re-sign Taj Gibson to a smaller deal after they declined his $10 million team option in November. But the 6-foot-9 Gibson, who played for Thibodeau in Chicago and Minnesota, is back on the Knicks’ radar, sources confirm, with their razor-thin depth up front because of injuries to Obi Toppin, Omari Spellman and Nerlens Noel. With the Knicks possessing $18 million in cap space, money isn’t an issue.
Something to keep an eye on with the Knicks: When New York declined the team option on Taj Gibson’s 2020-21 contract in November, there was mutual interest in a Gibson returning to the team. The Knicks didn’t re-sign Gibson in the offseason. But they are still keeping an eye on him. The Knicks have touched base with Gibson recently, per SNY sources, and are among the teams keeping Gibson on their radar. A few contenders also have Gibson, an 11-year veteran, on their radar, SNY sources say.
According to a person close to Gibson, he’s been in Los Angeles since the start of the season and has worked out with seven teams, including the Wizards. The shortened free agency didn’t help Gibson as teams filled up their rosters quickly.
Knicks to also waive Taj Gibson
The idea of taking a bad contract into cap space could be one of several avenues the Knicks are considering this offseason. Depending on what they decide to do with the contract options for Bobby Portis, Wayne Ellington, Taj Gibson and Reggie Bullock, New York could have more than $60 million in cap room in the offseason. The Knicks, who told teams recently they’d be open to taking on a bad contract, have not made decisions on any players with options yet.
The New York Knicks announced today that the team has signed five players: Wayne Ellington, Taj Gibson, Elfrid Payton, Bobby Portis and Julius Randle. Terms of the deals were not disclosed.
“We’re thrilled to welcome Wayne, Taj, Elfrid, Bobby and Julius to New York,” said Scott Perry, general manager, New York Knicks. “Collectively, we’re adding a mix of extremely talented and experienced multi-dimensional players who will improve our team as we continue building out a deep and versatile roster. These players are all tough-minded, motivated and ready to compete, and we’re excited to have them as part of the Knicks family.”
Taj Gibson to NY
Adrian Wojnarowski: Taj Gibson has agreed to a two-year, $20M deal with the Knicks, agent Mark Bartelstein tells ESPN.
Ian Begley: The Knicks have made significant progress toward an agreement with veteran Taj Gibson, per SNY sources.
Taj Gibson to Minnesota
Shams Charania: Free agent Taj Gibson has agreed to a two-year, $28M deal with Minnesota, league sources tell The Vertical.
Sam Amick: Taj Gibson’s two year, $28 million deal with Minnesota has no option on the second year, I’m told.
Marc J. Spears: With Boogie gone, sources say Kings intent on landing vet PF. Keep eye on Dave Joeger’s ex-big Zach Randolph, Patrick Patterson & Taj Gibson
Darren Wolfson: #Twolves will have interest in Taj Gibson, but told not a ton, at least initially. Nets, Knicks, Lakers, OKC, Pacers, 76ers also interested.
Nate Feken: Here’s Taj Gibson (@TajGibson22) on the possibility of him returning to OKC next season — “… It felt like home.” #Thunder
Michael Scotto: Taj Gibson on free agency: “The goal is to try to stay. I would like to stay, but we have to wait and see. I love playing here in OKC.”
Gibson, 31, was absolutely going to leave as a free agent this summer, league sources say. The Bulls were not going to re-sign him.
Taj Gibson fielded some questions from Twitter followers, including one asking if he thought he’d remain with the Thunder beyond this season. “We’ll have to see. I would hope so,” Gibson said. “I always had a sense that I had a relationship with Oklahoma City for a long time. I remember when I came here for my predraft workout, I wanted to get drafted here so bad years ago. But you never know. We’ll have to wait and see, but everybody here is great. We’ve been having good information from my agent so far.”
Taj Gibson wants to stay a Bull
Taj Gibson has survived near-annual trade rumors to become, in his eighth season, the longest-tenured Bull. He’s also poised to become an unrestricted free agent for the first time next summer. “Of course I want to stay here,” Gibson said in an interview with the Tribune.
“The amount of money I’m seeing guys making is ridiculous. But I’m going to remain humble,” Gibson said. “I’m going to stay focused and know I was blessed to get that last deal I got.”
If you know Gibson, though, you know that his sole focus remains the team. “I’m really trying not to pay attention to that,” Gibson said when asked about being in his contract year. “I’ll do what I’ve got to do on the court and everything will be fine. Right now, I’ve got a good group of guys that is looking for me and encouraging me to play well every night, so that’s the main thing coming in. That’s what’s making my job a lot easier.”
April 1, 2023 | 3:30 am EDT Update
NBA will implement a second salary cap apron for highest-spending teams
The NBA is curbing the ability of the highest-spending teams, such as the Golden State Warriors and the LA Clippers, to continue running up salary and luxury tax spending while still maintaining mechanisms to add talent to the roster. The NBA is implementing a second salary cap apron — $17.5 million over the tax line — and those teams will no longer have access to the taxpayer mid-level in free agency. Those changes will be eased into the salary cap over a period of years. Under these changes, Golden State’s Donte DiVincenzo, Milwaukee’s Joe Ingles, Boston’s Danilo Gallinari and former Clippers guard John Wall wouldn’t have been able to sign with those teams last summer.
The NBA and NBPA have agreed to increase the upper limits on extensions from a 120% increase on a current deal to 140%, which could have a significant impact on the futures of stars like Celtics forward Jaylen Brown. Under the current rules, Brown would be allowed to sign a four-year extension worth $165 million. With the extension rules increased to 140%, however, Brown — who is set to earn $31.8 million in the 2023-24 season, the final year of his current contract — would be able to reach his four-year maximum of $189 million, according to ESPN’s Bobby Marks.
There is an increase in two-way contract slots, jumping from two to three per team. Two-way contracts were created in the 2017 collective bargaining agreement as a vehicle for teams to develop younger players. It has been seen as a success, as it’s become a route to players earning long-term homes in the league, and in several cases becoming major contributors.
The in-season tournament will arrive beginning in the 2023-24 season. The event will include pool-play games baked into the regular-season schedule starting in November — with eight teams advancing to a single-elimination tournament in December. The Final Four will be held at a neutral site, with Las Vegas prominent in the discussion, sources said. Each in-season tournament game would count toward regular-season standings; the two finalists would ultimately play 83 regular-season games. Winning players and coaches will earn additional prize money.
Shams Charania: Prize money for the championship team of the NBA’s In-Season Tournament beginning in 2023-24 season: $500,000 per player, sources tell @TheAthletic @Stadium.
Marijuana will no longer be prohibited under the new CBA
Shams Charania: Sources: NBA players will no longer be prohibited for marijuana under the new seven-year Collective Bargaining Agreement. It’s been removed from the anti-drug testing program, a process that began during 2019-20 season.
NBA Communications: The following has just been released:
