Ian Begley, SNY.tv | Twitter |
The Knicks have decided to pick up the $3.5 million option on Allonzo Trier's contract, SNY sources confirm. Trier, an undrafted guard out of Arizona, signed a two-way contract with New York after the 2019 draft which was converted to a traditional contract after his strong play as a rookie.
New York still has ways to create enough cap space for two max free agents with the addition of Trier's $3.5 million for next season.
The club plans to pursue max free agents, including Kevin Durant and Kawhi Leonard, this offseason.
The Knicks have a few other team options to decide on and also have until June 30 to decide on guaranteeing $1 million of veteran leader Lance Thomas' $7.6 million salary.
The Knicks currently plan to waive Thomas ahead of the guarantee date, per SNY sources.
But the club has interest in bringing the veteran back as a free agent, sources say. Thomas' leadership and professionalism is held in high regard in the organization and he is respected for his mentorship to younger players.
The Knicks picking up Trier's option was first reported by The Athletic.