SNY’s Ian Begley recently recapped the Knicks’ recent activity on the trade market and said that sources close to the organization told him that Payton is receiving serious interest. According to Begley, at least one playoff team already reached out to explore the availability for the 26-year-old guard.

Payton is enjoying a solid season in his second year in a Knicks jersey, starting 25 games and averaging 11.7 points, 3.8 rebounds, and 3.7 assists. However, he is expected to drop down the pecking order in favor of Rose and standout rookie Immanuel Quickley, so the Knicks should act while he’s in demand.

It is unclear what New York could get back in return for Payton, especially since he is on an expiring contract. But a team in a playoff hunt looking for a defensive-minded playmaker could easily give up a second-rounder or two, which should be enough for the Knicks to let him go.

Elfrid Payton entered the league in 2014 as the Philadelphia 76ers’ No. 10 pick but ended up being traded to the Orlando Magic on draft night. He spent four years with the Magic and also played with Phoenix Suns and New Orleans Pelicans before coming to New York.

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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.

The post Knicks Part Ways with 6 Players Including Bobby Portis, Taj Gibson, and Elfrid Payton appeared first on yoursportspot.com.

SNY’s Ian Begley recently recapped the Knicks’ recent activity on the trade market and said that sources close to the organization told him that Payton is receiving serious interest. According to Begley, at least one playoff team already reached out to explore the availability for the 26-year-old guard.

Payton is enjoying a solid season in his second year in a Knicks jersey, starting 25 games and averaging 11.7 points, 3.8 rebounds, and 3.7 assists. However, he is expected to drop down the pecking order in favor of Rose and standout rookie Immanuel Quickley, so the Knicks should act while he’s in demand.

It is unclear what New York could get back in return for Payton, especially since he is on an expiring contract. But a team in a playoff hunt looking for a defensive-minded playmaker could easily give up a second-rounder or two, which should be enough for the Knicks to let him go.

Elfrid Payton entered the league in 2014 as the Philadelphia 76ers’ No. 10 pick but ended up being traded to the Orlando Magic on draft night. He spent four years with the Magic and also played with Phoenix Suns and New Orleans Pelicans before coming to New York.

The post Knicks’ Elfrid Payton Reportedly on the Trade Market appeared first on yoursportspot.com.

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.

The post Knicks Part Ways with 6 Players Including Bobby Portis, Taj Gibson, and Elfrid Payton appeared first on yoursportspot.com.