Salary cap Rumors
Stefan Bondy: According to ESPN’s Bobby Marks, the Knicks have their two-year biannual exception and a small part of their midlevel exception to use in negotiations with Allonzo Trier. Trier’s two-way deal expires in mid-December.
Albert Nahmad: Even if Joakim Noah signs a multi-year deal, or new deal next summer, it wouldn’t create more cap room for Knicks next summer. While a contract that covers 19-20 could qualify to set-off his $6.4M cap hits from 19-20 to 21-21, it wouldn’t apply until end of 19-20 regular season.
Albert Nahmad: Wizards waiving Chasson Randle and signing Okaro White saves a projected $120K in luxury taxes but costs $67K in salary, for a net total savings of $52K. That increase in savings effectively increases the net savings from the Jodie Meeks trade from $4.4M to $4.5M.