The NBA hot stove has been boiling over with New York Knicks rumors in recent days. Before the 2024 NBA Draft got underway, it was reported that they had made some major deals to get closer to contention. But, they likely aren’t done, with Miles McBride coming up in negotiations.
The first big move came on Tuesday night when it was reported they acquired Mikal Bridges from the Brooklyn Nets. Bojan Bogdanovic and a boatload of draft capital are heading to Brooklyn in exchange for the fourth Nova Knick. On Wednesday, right before the draft festivities got underway, it was reported that New York agreed to a five-year, $212.
5 million deal with OG Anunoby. Looking to save every penny possible, Leon Rose worked the phones all night. The Knicks completed several trades, moving back in the draft to save money and picking up six second-round picks in the process.
They selected Pacome Dadiet, an 18-year-old who played last season in Germany and could be a stash candidate. If that is the route they take, Leon Rose would have saved about $5.5 million precious dollars.
Why would an NBA team penny-pinch in this fashion? Because of the new collective bargaining rules, a dreaded hard cap is facing the team. As a result, Knicks rumors continue to swirl. To avoid the first-apron hard cap, New York will need to amend the deal to acquire Bridges.
They need to send out more money than they are bringing in to avoid the $179.7 million first apron. As a result, there are Knicks rumors that Miles M.
