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Knicks reportedly move two veterans in exchange for cap space

The New York Knicks reportedly agreed to deal two veteran players on Tuesday, all part of their expected pursuit of free agent guard Jalen Brunson. Brunson expected to command a deal worth more than $100M in the free agency

Center Nerlens Noel and guard Alec Burks, two future second-round picks and cash are headed from New York to the Detroit Pistons, Woj reports. The Knicks would receive nothing in return aside from clearing salary-cap space as they prepare to chase Brunson.

New York will send Detroit back its 2023 second-round pick, a 2024 second-round pick via Miami and $6 million, sources tell ESPN. — Adrian Wojnarowski (@wojespn) June 29, 2022

Noel, 28, averaged 3.4 points and 5.6 rebounds in 25 games (11 starts) for the Knicks in 2021-22. Burks, 30, put up 11.7 points, 4.9 rebounds and three assists per game for New York in the just-concluded season.

Both players will provide veteran leadership for the young Pistons’ team, who were expected to have a ton of cap space ahead of the free agency. After trading Jeramu Grant, the Pistons generated more than $50 million in cap space.

After a flurry of moves in the draft, which included two players in Jaden Ivey and Jalen Duren, and the acquiring of Burks and Noel, the Pistons will have roughly $23 million, per ESPN’s Bobby Marks.

With the intention to sign free agent Marvin Bagley in a new multi-year deal, Detroit seems to be out of a contention to sign a coveted free agent this summer as the franchise continues to build towards the future.

The Knicks are trading center Nerlens Noel and guard Alec Burks to the Pistons, sources tell ESPN. The Knicks will unload $19M more in salary, clearing the way for cap space to try and sign free agent guard Jalen Brunson. — Adrian Wojnarowski (@wojespn) June 29, 2022

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