Kristaps Porzingis will have to wait for a new contract
When New York Knicks star Kristaps Porzingis suffered a torn ACL last season, one of the questions was whether or not both sides would agree on a $158 million extension prior to next Monday’s deadline.
Stefan Bondy of the New York Daily News mentioned on Wednesday that the Knicks and Porzingis aren’t expected to work out an extension.
And that’s OK.
The good news is that the Knicks will actually save $10 million of cap space by waiting to sign KP as a restricted free agent in July.
While it helps the Knicks, it’s also not a big deal for Porzingis because he’s going to get the money he deserves no matter what.
The only difference is that Porzingis’ contract won’t be guaranteed a year earlier.
Waiting to sign KP gives the Knicks time to make sure his rehab continues to trend in the right direction because the last thing they want to do is sign him to a max extension and his surgically repaired knee is never the same agin and his career takes a turn for the bad.
We still don’t know whether or not Porzingis will actually step foot on a basketball court this season as a player. The most important thing is that he takes his time and gets his knee back to where it was before his injury.
For now, Porzingis can help a young Knicks’ roster by being a leader off the court.