The New York Knicks are reportedly close to an agreement on a buyout with high-priced big man Joakim Noah.
Joakim Noah and the New York Knicks are finally about to call it quits. According to Shams Charania of The Athletic, the Knicks are nearing an agreement with Noah on a buyout.
Sources on @TheAthleticNBA @WatchStadium: Joakim Noah and the New York Knicks are near agreement on his waive and stretch. Noah will not report to training camp this week as sides part ways before media day.
— Shams Charania (@ShamsCharania) September 23, 2018
Charania reported similarly over a week ago that a waive and stretch was the expected route but the Knicks were still attempting to trade their big man.
Now a waive and stretch of Noah’s contract seems all but certain. The chances of finding a trade partner for Noah were always slim anyway.
The former NBA Defensive Player of the Year appeared in just seven games during the 2017-18 season and 53 overall during his two seasons with New York.
He was Phil Jackson’s signature free agent signing during the wild summer of 2016 for the egregious amount of $72 million. It’s one of the worst contracts in Knicks franchise history.
Noah posted averages of 19.9 minutes, 4.6 points, 7.9 rebounds, 3.0 assists, 0.7 blocks, 0.6 steals, on a slash line of .491/.000/.439.