For the second time in a row, the New York Knicks and the Utah Jazz have consummated a minor trade that has a profound impact.
This time, the Knicks absorbed Ed Davis’ $5 million expiring salary according to multiple reports, first by The Athletic’s Tony Jones.
The Jazz have attached two 2023 second-round picks for the Knicks’ troubles—that frees up $5 million for Utah to work on re-signing its free agent Jordan Clarkson.
The Knicks still have $35 million left in their cap space, while the Jazz are now $18 million under the luxury tax.
On Wednesday, the Jazz and the Knicks have swapped their picks (the Knicks’ 27th and 38th picks for the Jazz’ 23rd pick).
Later in the draft, the Knicks parlayed the 23rd pick into the 25th (used to draft Immanuel Quickley) and 33rd picks. The Knicks then traded away the 33rd pick to the Los Angeles Clippers and received a 2023 second-round selection via Detroit.
The Knicks now have four 2023 second-round picks, including their own, in what should be a loaded draft with the one-and-done rule expected to be lifted.
Follow this writer on Twitter: @alderalmo