From the great Ian Begley:
After three days of free agency, the Knicks still have $18 million in cap space. And it doesn’t seem like they’re in a hurry to use it.
Even after Sunday’s Ed Davis trade, teams were under the impression that the Knicks remain open to providing cap relief to general managers looking to offload salary.
They’ve already done it twice in separate transactions with veteran Ed Davis, acquiring three second-round picks and two young players (Jacob Evans and Omari Spellman).
Depending on how the Charlotte-Gordon Hayward signing plays out, the Knicks could help the Hornets shed any salary needed to complete the transaction via sign-and-trade.