Knicks waive Denzel Valentine shortly after trading for him

The Knicks added some cash and back-of-the-roster intrigue, together with swapping a number of draft rights, in a small three-way deal on Monday. 

On a busy day of roster transactions, the Knicks traded for — after which rapidly waived — swingman Denzel Valentine, who went from the Cavaliers to the Lakers to the Knicks within the deal that despatched Rajon Rondo from Los Angeles to Cleveland. For the few hours Valentine was on the Knicks’ roster, they cleared area by waiving guard Wayne Selden, who had appeared in three video games this season. 

By leaping into the commerce and momentarily buying Valentine, the Knicks picked up money consideration, which reportedly amounted to about $1.1 million — a bit greater than Valentine was owed, so a fiscally sound determination — and exchanged some future draft rights that possible is not going to pan out to a lot. 

Within the commerce, the Knicks despatched the rights to Louis Labeyrie — a 2014 second-round choose from France, chosen by the Phil Jackson regime — to the Lakers in change for the rights to Wang Zhelin and Brad Newley. The entire worldwide gamers are unlikely to make the leap to the NBA. 

Knicks
Denzel Valentine drives to the basket.
NBAE through Getty Pictures

Zhelin, a 2016 second-round choose, is taking part in within the Chinese language Basketball Affiliation, whereas Newley, 36, was a 2007 second-round choose who's taking part in in Australia’s Nationwide Basketball League. 

So the Knicks saved some cash and, in waiving each Valentine and Selden, cleared a roster spot. It's potential that slot goes to Ryan Arcidiacono, though the previous Villanova level guard’s path to the Knicks has develop into sophisticated. 

The Knicks introduced Monday they signed the 27-year-old to a 10-day, hardship contract, however the NBA later voided the pact, a supply confirmed, as a result of the Knicks not had a hardship deal to supply. The Knicks’ COVID-19 checklist has been pared to 2, so the league canceled the transaction. 

After huge males Mitchell Robinson and Jericho Sims have been cleared from the well being and security tips, solely Julius Randle and Nerlens Noel stay within the protocols. 

The Knicks nonetheless can signal Arcidiacono to an everyday, 10-day deal. In the event that they do, amid a lot uncertainty at level guard — Derrick Rose is out possible till late February following surgical procedure on his proper ankle, and Kemba Walker is out indefinitely with a sore left knee after aggravating the surgically repaired knee Friday — Arcidiacono has an opportunity to stay. 

The 27-year-old was averaging 12.7 factors, eight assists and 5.7 rebounds in 32.2 minutes in six video games with the Celtics’ G-League affiliate this yr and had performed his first 4 seasons in Chicago, the place he didn't overlap with Tom Thibodeau. 

Arcidiacono has shot 43.1 p.c from the sphere and 37.3 p.c from 3 in 207 NBA video games. 


Walker will miss a 3rd straight sport since hurting his knee in warmups on Friday. 

Whereas Robinson and Sims have been cleared, each are questionable for conditioning causes on Tuesday. 


Indiana, in the meantime, listed eight gamers who wouldn't take the courtroom due to the protocols. The Knicks will dodge starters Malcolm Brogdon and Caris LeVert in addition to standout rookie Chris Duarte. Moreover out for the 14-23 Pacers are Isaiah Jackson, Jeremy Lamb, Kelan Martin, Goga Bitadze and T.J. Warren. 

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