The Ledo was buried.
Shortly after the Knicks made it official with Kristaps Porzingis and Jerian Grant, they also made the move to waive the most splashy, Ricky Ledo. The Knicks needed to waive him or else have his $100k contract guaranteed. For some reason no reporters were clamoring to be the first to expel the news like trapped wind. The big guns were on it, though.
— Jeff Zillgitt (@JeffZillgitt) July 30, 2015
Ledo didn't make a huge impression with New York at the end of the 2014-15 season. In twelve games he was unable to carve out consistent minutes on a broken team.