The Knicks and Kristaps Porzingis didn't agree to an extension on his rookie contract by the deadline Monday, which will make him eligible to become a restricted free agent in 2019.
However, ESPN's Ian Begley reports the move is not a sign of discontent on either side's part, but rather a move created to free up salary cap space. The Knicks will still need to unload some additional salary to have enough to sign a player to a max contract.
For New York, it's all about preparing for free agency during what will be a huge offseason for both the team and the National Basketball Association.
This move doesn't mean that the Knicks have no plans of retaining Porzingis, though.
Porzingis burst onto the scene early in NY as an uber-athletic 7-foot-3 player with a bevy of offensive moves and elite shot-blocking ability. He has averaged 17.8 points, 7.1 rebounds and 2.0 blocks per game in his career while shooting 43.7 percent from the field and 36.1 percent from beyond the arc over the course of his three-year career. "He's having fun with these guys, he's engaging with me, with the staff". The Knicks just made a business decision.