Published: Thu, August 09, 2018
Sport | By Cameron Gross

Knicks Plan On Using Stretch Provision On Joakim Noah In September

Knicks Plan On Using Stretch Provision On Joakim Noah In September

"Waive-and-stretch" is a provision that would allow a team to cut a player (the waive) and then stretch out the remaining years of his contract (the stretch part), as so the remaining salary of a player won't hit a team's cap room too hard and allow it some flexibility.

The New York Knicks are still planning to sever ties with center Joakim Noah ahead of training camp, according to a report from ESPN on Wednesday.

According to ESPN's Adrian Wojnarowski and Ian Bagley and Fred Kerber of the New York Post, the Knicks will look to waive and stretch the remainder of Noah's contract if they can not complete a trade for him or get him to agree to a buyout.

After the hiring of David Fizdale in June, Knicks management didn't rule out the possibility of Noah rejoining the organization for the 2018-19 season, but that scenario has gained no traction, league sources said.

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In doing so, the team would still have to pay Noah because he has compensation protection in his deal, but they could lessen the cap hit on the team's salary by stretching his deal out. Stretching his contract after September 1 costs the Knicks $6.4 million in cap space in the summers of 2020 and 2021.

After getting into a verbal spat with former head coach Jeff Hornaceck in January during practice, the Knicks basically told the volatile Noah that he wasn't welcome back to the team. That came a day after Noah yelled expletives at his coach upon being removed from a game against the Golden State Warriors.

With his tenacious rebounding and defensive prowess, Knicks fans hoped that Noah would be a fitting defensive anchor for the team. Both sides agreed to a four-year, $72 million deal.

Noah, a two-time All-Star for the Chicago Bulls and 2014 Defensive Player of the Year, never made an impact with NY. He averaged 5.0 points and 8.8 rebounds in 46 games (all starts) in 2016-17, his first year with the Knicks. In February 2017, the National Basketball Association suspended Noah 20 games for taking a banned substance - a suspension that cost him the first 12 games of the 2017-18 season.

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