New York Knicks had a busy Thursday, but not in the way their fans hoped. According to multiple reports, the team made a massive roster sweep and parted ways with six players.
The departure list includes forward Taj Gibson, shooting guard Wayne Ellington, and point guard Elfrid Payton, who were outright released from their partially guaranteed contracts. All three players are set to earn $1 million from the Knicks in 2020/21 despite the departure.
Forward Bobby Portis is also leaving the Knicks this offseason after the team declined to pick up their $15.75 million option on his contract.
Finally, the team declined the $1.7 million option on forward Theo Pinson while terminating Kenny Wooten’s two-way contract.
With these moves, the Knicks have created $40 million salary-cap space that they can now use to pursue some notable free agents or take on contracts in exchange for draft picks.
Despite being released, Bobby Portis and Taj Gibson reportedly might still suit up for Knicks next season. The team has an interest in having the duo return but on lower contracts.
Portis averaged 10.1 points and 5.1 rebounds last season, while Gibson contributed with 6.1 points and 4.3 rebounds.
