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.