Knicks Waive And Stretch Joakim Noah

Getty Images

Getty Images

Where do the New York Knicks stand for the summer of 2019 after waiving Joakim Noah?

The former Defensive Player of the Year was still owed $38 million over the next two seasons. The Knicks had hoped to trade him but no deal materialized, so they put the centre on waivers Saturday.

After a standout tenure with the Chicago Bulls from 2007-16, Noah signed a gargantuan four-year, $72.6-million contract with the Knicks in 2016.

Noah has been away from the Knicks since January following an alteraction in practice with former Knicks coach Jeff Hornacek.

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NY will waive and stretch Noah. His $18.6 million salary for this season will count fully against the salary cap and the Knicks can stretch out the remainder of his salary over multiple seasons.

Noah totaled 53 games over two seasons with the Knicks, averaging fewer than five points.

Noah underwent knee surgery in February of his first season with the team, and just one month later was hit with a 20-game suspension for violating the league's anti-drug policy.

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