Joakim Noah

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Report: Knicks Likely To Waive Noah In September

August 09, 2018 - 10:05 am
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By WFAN.com

The New York Knicks are expected to cut ties with veteran center Joakim Noah before the start of training camp.

Noah is likely to be released under the NBA’s waive-and-stretch provision if the Knicks cannot find a trade partner for him, ESPN reported, citing league sources.

Noah still has two years and $37.8 million remaining on his contract, though by waiving the big man, the Knicks can spread his remaining pay across a three-year span.

The Knicks have been trying to deal Noah, 33, since prior to February’s trade deadline, though the team has been reluctant to include viable assets to get a trade done.

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By stretching Noah’s contract after Aug. 31, the Knicks would save $12.9 million toward the salary cap for this season, though it would cost them $6.4 million in cap space in the 2020 and 2021 offseasons.

Noah’s relationship with the Knicks soured after a heated altercation in January with then-coach Jeff Hornacek. Noah was sent home and has not played for the team since.

Former Knicks president Phil Jackson signed Noah to a four-year, $72 million contract in July 2016.

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A two-time All-Star and Defensive Player of the Year as a member of the Chicago Bulls, Noah has failed to contribute consistently in a Knicks uniform. He was also suspended in February 2017 for 20 games for violating the NBA’s substance-abuse policy.

Last season, Noah averaged 1.7 points, 2 rebounds and 5.7 rebounds in just seven games.