Knicks sign-and-trade for Raymond Felton, is Jeremy Lin on the way out?

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Things went from “easy and predictable” to completely insane Saturday night in Gotham. It had been a few days since things with the Knicks had seemed berserk, so of course, all that detonated as news broke that the Knicks’ point guard situation could be altered dramatically in a matter of hours.

Here’s a rundown of how this happened.

Late Saturday night, a television reporter in South Carolina tweeted that he had spoken with free agent point guard and former New York Knick Raymond Felton and the guard told him that he was headed to New York in a sign-and-trade and that Jeremy Lin would not have his 3-year, $25 million offer sheet from the Rockets matched by the Knicks. Chaos ensued.

Then the New York Daily News reported that the Knicks had in fact reached out to Felton to discuss a deal and sign-and-trade, giving the report from South Carolina credence.

Yahoo Sports reported the deal was close and that Jeremy Lin was “close to being a Rocket.” 

The New York Daily News reported that the deal was done, with Felton and Kurt Thomas headed from Portland to New York for Dan Gadzuric and Jared Jeffries. CBSSports.com confirmed the trade. Yahoo Sports reported that the Knicks would give Felton a 3-year, $10 million contract.

The New York Post reports that a source indicates the Knicks will not match the offer. Every other outlet is staying quiet on that matter for now, waiting on confirmation.

That’s a huge question looming for both the Knicks and the Rockets.

For the Knicks, it’s a stunning move away from both the player who set the sporting world on fire for a few weeks in late winter, a financial boomtown all by himself due to marketing potential, and from their long insistence that they would match any offer made for Lin. It was a guarantee that Lin would be a Knick, by most sources. Now it appears as if it’s very possible that the richest team in the land is being scared off by the fear of the luxury tax hitting them in three years, when the structure of a matched contract for Lin would result in $15 million owed to the point guard.

It has long been thought that the Knicks couldn’t care less about the luxury tax. This would render all of that false.

Even more complicated still is the prospect of the Knicks matching for Lin. It would mean a three-point-guard rotation, with J.R. Smith signed to the two-guard spot and Iman Shumpert expected back early next year. Where does Jason Kidd fit into that plan? Would the Knicks play Felton, Lin, or Kidd at the 2-guard spot as a reserve? What role does Felton fit in? How would Lin fit in with his relative inexperience next to Raymond Felton and Jason Kidd?

Why would they sign three point guards at that level and price?

The questions go on and on and still have to be answered.

For the Rockets, there are huge questions about how it impacts their chase of Dwight Howard and the questions remain in flux as we try and get a handle on the situation. There are indications that the deal could sink the trade for Howard, or have no impact on it whatsoever. What is clear is that if the Bulls do not match the offer sheet Houston signed Omer Asik to, there’s going to be a huge chunk reserved in terms of space, and the Rockets would be unable to trade either player until December 15th, meaning they’re running out of options to trade for Howard.

The Blazers got a second round pick and some roster filler for a point guard they weren’t going to retain. No big deal for them.

The Knicks have one of the biggest choices of their franchise in front of them, and the implications either way could be massive. Lin could be massively overpaid, having only excelled in a handful of games last season. Letting him go could be a killer with the kind of skillsets and physical conditions Felton and Kidd bring with them. This is a monstrous decision for the Knicks, and the stakes are as high as they can be.

We know Raymond Felton is back as a Knick. Everything else we’re still working on.

Potential No. 1 pick James Wiseman suspended by NCAA 11 more games

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Starting on Jan. 12, James Wiseman can return to playing for the University of Memphis.

The NCAA — the self-appointed arbiters protecting the myth of amateurism — have investigated the fact that then high school coach Penny Hardaway, paid $11,500 to help Wiseman’s family move to Memphis. Hardaway, a graduate of Memphis, has since become the coach of the Tigers, and before that was considered a booster. That made helping Wiseman move an illegal benefit, and the NCAA has made its ruling to punish Wiseman for this.

Memphis reportedly plans to appeal the ruling. Wiseman had this reaction to the decision:

Here’s why fans of certain teams near the bottom of the standings — and the front offices of those teams — care: Wiseman has the potential to be elite.

He could be the top pick in next June’s draft and is a lock top-three selection. He is by far the best big man in a guard-heavy draft class coming up.

Wiseman was ranked 37th by the basketball writers here at NBC in our “50 Best Players in Five Years” project this past summer. Here is what College Basketball Talk’s Rob Dauster wrote about Wiseman for that project:

Wiseman has a chance to be really good. He stands 7-foot. He has the kind of length, mobility and athleticism that should allow him to thrive at the five in the modern NBA. He is a capable defender with the potential to be very, very good with some added strength and a bit of motivation. And he is skilled enough where he has the potential of one day doing all four things modern fives are asked to do – protect the rim, switch ball-screens, space the floor to the three-point line, be a lob target as a roll-man in ball-screens…

If Wiseman embraces the fact that he can be a top five center in the NBA doing the four things I listed above at an elite level, then he’ll make himself a lot of money while making some NBA GM very, very happy.

Wiseman also has worked on a face-up game and wants to add some Greek Freak like skills to his game. We’ll see how that goes, but his floor seems to be a very good NBA big man. A lot of teams could use that.

Rob Gronkowski, Venus Williams dance with Laker Girls (video)

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Former New England Patriots tight end Rob Gronkowski said he doesn’t plan to play football this season.

How is he spending his time?

Dancing with the Laker Girls cheerleaders along with tennis legend Venus Williams. They put on quite a show. I’m sure comedians James Corden and Ian Karmel, mostly off camera, were also great.

But the most-impressive stoppage entertainment in Los Angeles last night? That might be Maxx.

Portland waives Pau Gasol as he tries to recover from foot surgery

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Portland signed Pau Gasol to a one-year contract this summer, hoping the aging Spaniard could help the team stay afloat while Jusuf Nurkic recovers from surgery on his leg.

It didn’t work out that way. Gasol suffered a foot injury that required surgery and he has yet to recover enough to get back on the court. Meanwhile, an injury to Zach Collins left Portland even more shorthanded up front. Wednesday, the Trail Blazers waived Gasol, something the player confirmed.

Adrian Wojnarowski of ESPN broke the news and had more details.

Is this the end of Gasol’s Hall of Fame career? He’s 39 years old, and last season with the Bucks he looked like a shell of the All-NBA big man who joined forces with Kobe Bryant to win the Lakers a couple of titles. Injuries limited him to 30 games last season, he doesn’t move like he once did, and he averaged a career-low 3.9 points per game.

If so, one of the good guys of the NBA will be missed.

If not, if he can get healthy, some teams certainly would be interested in having him for depth and his locker room presence during a playoff run.

Report: Kawhi Leonard, Paul George to play first game together on Wednesday

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The way they tell it, Paul George and Kawhi Leonard wanted to play together on the Spurs in 2017.

They’ll finally share the court as teammates tonight.

The Clippers signed Leonard and traded for George this summer. But alternating injuries have prevented the forwards from playing together. That’ll change against the Celtics tonight.

Ohm Youngmisuk of ESPN:

George dominated three games without Leonard, scoring like crazy and hitting a game-winner against the Thunder. Leonard excelled before his knee injury.

It’s scary to imagine how Leonard and George will perform together.

Boston could provide a stiff first test. The Celtics have plenty of wings – Jayson Tatum, Jaylen Brown, Marcus Smart, Semi Ojeleye – to throw at the Clippers stars.

I wouldn’t be surprised if there’s an adjustment period for Leonard and George. They have similar styles, and that can create complications. But Leonard and George are so versatile and talented. I expect them to thrive together in the long run.

There’s certainly excitement surrounding tonight’s game, but it’s only one night in what should be a long season in L.A.