After two months with the main roster, and with a 45-day window set to expire, the New York Knicks handed Allonzo Trier a fresh, two-year contract, thus removing the two-way label. He signed with the Knicks on this deal, but never went to the G League, which started the aforementioned 45-day clock on his NBA service time.
Trier will receive the bi-annual exception, with a team option for 2019-20. It places a cap hold of $3.55 million on him, per ESPN’s Bobby Marks.
Arguably the main takeaway, however, is how this money will impact New York’s cap space for free agency.