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Sharpshooter Matt Ryan and the Knicks certainly have mutual interest in working out a deal, but it’s a little complicated.
Ryan, a former Iona Prep star, is a free agent. Technically, the Knicks have the roster space and money to sign Ryan or any other free agent.
They have 12 players on traditional NBA contracts and have $3.6 million in room between their own team salary and the second apron ($188.9 million).
So they can give Ryan a veteran’s minimum deal and add him to the roster.
Again, both sides have interest in getting a deal done.
But this is where it gets a bit complicated.
Landry Shamet is currently rehabbing his dislocated shoulder. He suffered the injury in the preseason. The Knicks waived him prior to the start of the regular season.
There was initial optimism that Shamet could avoid surgery.
The Knicks were planning to play Shamet in their rotation prior to the injury. Maybe they want to keep a roster spot open while Shamet rehabs so they can add him if he returns to full health?
New York does not have enough money under the second apron to sign both Ryan and Shamet to veteran’s minimum deals.
(The Knicks’ team salary cannot exceed the second apron. They are hard-capped at that amount due to the Mikal Bridges trade).
An easier route for Ryan and the Knicks would be to sign a two-way contract. The Knicks don’t have a two-way spot open. But they can convert a two-way player they drafted to a rookie minimum deal and still have room to sign a player to a veteran’s minimum contract.
If they converted Ariel Hukporti’s deal from a two-way contract to a standard deal, they would then be able to sign Ryan on a two-way contract.
Ryan, who was named Mr. Basketball in New York in 2015, shot 45 percent from beyond the arc last season in 28 games with the New Orleans Pelicans. He could clearly give the Knicks a boost on the perimeter.
He’d also like to be in New York and the Knicks certainly have interest in him, as ESPN earlier reported. But there is no deal in place and there may not be a deal until the Knicks are forced to add a player.
The Knicks currently have 12 players on standard contracts. They can…
Source link : https://sports.yahoo.com/knicks-matt-ryan-mutual-interest-193128511.html
Author : SNY
Publish date : 2024-10-23 19:31:00
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