Report: Knicks target Ray Allen, Jason Terry, shooters

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Apparently, the Knicks want some shooters to put around their roster. And they hope they can convince a good one to come to New York on the cheap.

While they wait to see if J.R. Smith stays or if he ops for free agency, they will target shooters in the upcoming free agency period, according to the Daily News (via SLAM):

Jason Terry, O.J. Mayo and Ray Allen top the Knicks’ free-agent wish list for shooting guards. Allen wants a big offer, of course, but he’ll also favor the team that shows him the most love when it comes knocking on his door on July 1. Looks like the Knicks, who don’t have a lot of money to offer Allen, will have to out wine-and-dine the Bulls and Heat.

Even after winning the arbitration hearing and maybe being able to sign Jeremy Lin as a Bird rights free agent (a ruling that is on hold as the league will appeal it) the Knicks can’t offer more than $3 million to a free agent.

Well, technically they could offer $5 million, but under the new CBA if they use an exception to become a taxpayer they would put a hard cap on themselves of $74 million. One they could not go over for any reason. No sane GM is going to do that. But if they offer just $3 million they keep the hard cap away.

Ray Allen will get $3 million or better offers from all over the place. Would he choose New York over chasing a ring with the Heat (who showed how deadly they are with shooters) or the Bulls or the Clippers or other teams looking for a gunner?

It’s hard to see Terry or Mayo playing for that little.

Jason Williams out 6-8 months after injury in Big3 debut

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NEW YORK (AP) — Former NBA point guard Jason Williams will miss six to eight months after suffering a knee injury in the opening game of the Big3.

Corey Maggette, also injured in the opening week of Ice Cube’s 3-on-3 league of former NBA players, had surgery for a leg injury. There is no timetable for his return.

The injuries were announced Wednesday during a conference call with Cube and Big3 co-founder Jeff Kwatinetz, who also detailed a couple rules changes starting with this weekend’s game in Charlotte, North Carolina.

Games will be played to 50 points, instead of 60, with halftime coming when the first team reaches 25 points. Cube said that would help the four games per day move more quickly.

Report: Mutual interest between Knicks, Jeff Teague with Phil Jackson gone

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Phil Jackson’s exit is already opening doors for the Knicks.

No position differs more in the triangle from modern spread NBA offenses than point guard. But without Jackson demanding his point guard fit such a narrow profile, New York can pursue greater talents – like Jeff Teague.

Ian Begley of ESPN:

With Phil Jackson out and the triangle de-emphasized, the Knicks, under general manager Steve Mills, have interest in free agent point guard Jeff Teague, league sources told ESPN. League sources say the interest in Teague is mutual.

The Knicks aren’t as desperate at point guard after drafting Frank Ntilikina, but Ntilikina probably isn’t ready to run an offense full-time yet. Teague could be a stopgap – which might be necessary considering New York can’t easily pivot into rebuilding with Carmelo Anthony, Joakim Noah and Courtney Lee locked up.

Teague’s future with the Pacers appears uncertain with Paul George on the trade block. A key part of Larry Bird’s retooling last summer, Teague and Indiana might be headed in different directions now.

The Knicks make as much sense as anywhere for Teague – now that Jackson is gone.

PBT Extra: Rockets, with Chris Paul trade, show fearlessness in face of Warriors’ dominance

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The Rockets and Clippers both turned aggressive with today’s Chris Paul trade.

Houston is making a bold attempt to overtake the Warriors (a plan that could include other big moves). The Clippers are launching into rebuilding.

Kurt Helin breaks down what it means for both teams.

PBT Extra: With Phil Jackson discarded, Knicks face next challenge

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The Knicks did well to part ways with Phil Jackson, but where does New York go from here?

Masai Ujiri? David Griffin? Someone else?

Kurt Helin breaks down Jim Dolan’s options – and the approach the Knicks owner should take.