July 11: Knicks and Pistons have officially closed the deal. The team announced today in two press releases.
As expected, the Pistons won Noel, Burks, Cash, and the team’s own pick for the second round of 2023. The second pick received by Detroit is either the Minnesota or New York 2026 Second Rounder, rather than the tightly protected Miami 2024 Second Rounder described below.
Meanwhile, Knicks received the draft rights for the second round of 2015. Nicola Radichevic And a protected 2025 second round pick. The pick has top 55 protection. Tweet Athletic Fred Cuts.
June 28: The Knicks It is a trade center Nerlens Noel And guard Alec Burks To PistonsESPN’s Adrian Voinaroski Tweet..
Knicks will unload over $ 19 million in salaries in 2022/23 and provide ample cap space to sign free agent guards Jalen Brunson.. Noel’s salary for next season is $ 9.24 million, while Burks’ salary is about $ 10 million.
Both players have been signed throughout the 2023/24 season, but have team options in the final year of each contract. Noel costs $ 9.68 million and Burks costs about $ 10.5 million. Therefore, these salaries could exceed the Pistons cap next summer.
New York in Detroit in addition to the 2023 second round picks, heat 2024 second round picks (protected in the top 55) and $ 6 million in cash as a sweetener to remove those contracts from the books Wojnarowski reports Another tweet..
The Pistons were expected to have more cap space than any other team, so they can absorb these salaries without submitting a contract. Knicks, on the other hand, needs the cap room needed to sign. Jalen Brunson With a free agent.
Knicks and Pistons Was also involved In a tripartite draft night agreement, including Hornets..In that trade, Detroit took Kemba WalkerObtained contract and draft rights from a book in New York Jalen Duren..
According to Voinalowski, Pistons plans to keep Burks and Noel (Twitter link).Burks, a 38% career 3-point shooter, can pose a threat around the wings to the Pistons and help coach young backcoats. Cade Cunningham And newcomers Jaden Ivey..Noel provides depth in the middle of the back Isaiah Stewart And Durene.
Despite the addition of Noel, Piston is still working on regaining a restricted free agent. Marvin Bagley IIIDetroit Free Press Omari Sankofa Tweet..
