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Sources: Knicks Open to Using Cap Space on ‘undesirable contracts’

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A note on the offseason: several teams said the Knicks are open to using their cap space to take on undesirable contracts via trade, SNY has learned.

The Knicks would presumably acquire another draft pick and young player in this kind of trade. New York has the No. 8, No. 27 and No. 38 picks in the draft.

The idea of taking a bad contract into cap space could be one of several avenues the Knicks are considering this offseason. Depending on what they decide to do with the contract options for Bobby Portis, Wayne Ellington, Taj Gibson and Reggie Bullock, New York could have more than $60 million in cap room in the offseason.

Source: Ian Begley of SNY.tv

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Report: Blake Griffin, Nets Agree to Deal

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Free agent forward Blake Griffin has agreed to a deal with the Brooklyn Nets for the rest of the season, his agent Sam Goldfeder of @excelbasketball tells ESPN.

Source: Adrian Wojnarowski on Twitter

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Sources: Multiple Teams Interested in Larry Nance Jr.

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[Larry] Nance would help a lot of teams and he’s on a multi-year bargain deal that makes it easy to come up with matching salaries. He’s the kind of versatile piece that contenders covet because of his defense, playmaking, shooting and impact on winning. According to sources, Nance is the player the Cavs have received the most calls about. Sources say the Minnesota Timberwolves have been aggressively pursuing him since the offseason. Nance’s old teammate and buddy D’Angelo Russell is a strong Nance advocate. Boston, Philadelphia, New Orleans, Miami and Dallas have also shown interest.

Source: Chris Fedor of Cleveland.com

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Sources: Multiple Teams Interested in Blake Griffin, Expected to Sign with Nets

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The Lakers, Clippers, Nets, Heat and Warriors are among the teams that have expressed interest in Blake Griffin when he becomes an unrestricted free agent, league sources say

The Nets are regarded as a strong contender for Blake Griffin given Brooklyn’s rise and his longstanding relationship with players there and the Celtics have also expressed interest, league sources say.

The Brooklyn Nets are believed to be leaders to sign six-time All-Star Blake Griffin, sources tell me and @JLEdwardsIII. Rival teams with interest are expecting Griffin to choose Nets as a title favorite for chance to win a championship.

Source: Marc Stein and Shams Charania on Twitter

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