Now that the 3 p.m. ET NBA trade deadline has passed, the Knicks are parting ways with center Enes Kanter. The former Kentucky big man is making $18.6 million this year, but his contract is set to expire.
The Knicks had talked to teams about potential trades for the past several weeks, sources said, but Kanter's $18.6 million expiring contract proved too hard to move at Thursday's deadline.
Kanter had been frustrated by a dwindling role with the Knicks, but is averaging 14 points and 10.5 rebounds per game in 44 games.
Kanter has appeared in just three of the Knicks' last 12 games.
"Each day I spend in the National Basketball Association is a blessing and I look forward to my next adventure", Kanter posted.
Experts react to BoE Bank Rate freeze
India's December headline inflation fell to an 18-month low of 2.19 percent, well below the RBI's medium-term 4 percent target. The Government's regulations, as already enacted, are weakening the impact of the monetary policy , the central bank warned.
The Boston Celtics are among the teams opposing executives expect to have interest in Kanter.
The team issued a waiver for Kanter, and one of his representatives told The New York Post they were working on a "separation" deal in which the team would work on a buyout with the player. According to NBA.com, teams were wary of his $18.6 million expiring contract and instead waited for NY to waive him.
Having said that, the NBA Trade Deadline is not the end of the excitement.
But while trade season is over until the summer, teams with an open roster spot can still acquire a new addition via the buyout market.
The Lakers have been strongly linked while the Portland Trail Blazers could also take a chance on the 34-year-old.