Report: Knicks agree to trade Wayne Ellington, Jeremy Tyler to Kings for Travis Outlaw, Quincy Acy

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The Knicks have been looking to unload Wayne Ellington for a little while, they have finally found a partner across the country.

And the Knicks got one of the NBA’s best beards in the process.

New York has agreed to send Wayne Ellington, Jeremy Tyler and they will take the restrictions off a second round pick already sent to Sacramento for Travis Outlaw and Quincy Acy, a story broken by Sam Amick of the USA Today.

The Kings are expected to waive Tyler and could use the stretch provision on Ellington, who is owed $2.77 million next season, to improve their salary cap situation. But that final decision has not been made.

First, this trade can’t be made until Aug. 25 because Ellington can’t be packaged in a deal until then.

Second, this could be the first of a couple deals for both sides. It feels like a lateral trade that is more about setting up the next deal.

Third, good on the Knicks for unloading Ellington without having to put Pablo Prigioni in as a sweetener, as had been rumored. They can use Pablo. That said, Prigioni is not yet safe according to Frank Isola of the Daily News.

That said. Acy’s beard may be the best part of this deal for the Knicks. To be fair, Outlaw gives the Knicks get a little depth behind Carmelo Anthony at the three if they don’t want to just rely on rookie Cleanthony Early, but it’s not a huge upgrade. Financially it’s a bit of a wash, save that if New York likes Acy he’s a restricted free agent next year. Acy is a more efficient scorer than Tyler (career .560 true shooting percentage for Acy compared to .471 for Tyler) but they are pretty much the same value on the court. I will say this, Acy plays hard every time out. In the other half of that deal, Ellington has played better in recent years than the seemingly declining Outlaw.

Knicks fans will love Acy. So there’s that. Aside that this is a pretty lateral move unless it is a precursor to another deal.

For the Kings, this seems to be about saving some money.