Knicks make it official, waive all three players acquired in trade that sent J.R. Smith and Iman Shumpert to Cavaliers

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The Knicks traded J.R. Smith and Iman Shumpert to the Cavaliers on Monday, as part of a three-team deal with the Thunder that sent Dion Waiters to Oklahoma City.

Technically, the Knicks received three players in the trade themselves. But as expected, none of them will play a single game for New York this season.

From Knicks PR:

January 7 – The New York Knickerbockers have waived forwards Lou Amundson and Lance Thomas and center Alex Kirk.

This was merely a salary dump for the Knicks, one that will give them an additional $7 million or so in salary cap room to spend on free agents this summer.

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