Knicks waive Noah 2 years into $72.6-million contract

Rex Christensen
October 14, 2018

The New York Knicks will waive Joakim Noah on Saturday.

NY will waive and stretch Noah.

Noah had been away from the team since clashing with former coach Jeff Hornacek last season, when he appeared in just seven games. The two-time All-Star will be paid the full $18.5 million owed to him in 2018-19, then have the $19.3 million owed in 2019-20 stretched into even payments over the next three seasons. According to a report from ESPN's Adrian Wojnarowski and Ian Begley, shortly before the news was officially announced, Noah had been resistant to a buyout because there are no teams expected to add him to their rosters.

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The Knicks will waive and stretch the remaining $38 million on Noah's contract.

It was back in 2016 when the Knicks shockingly gave Noah, who was on the downside of his career, a four-year, $72 million deal. He had great years with the Bulls, highlighted by being voted Defensive Player of the Year and first-team All-NBA in 2014.

The former Chicago Bulls centre averaged 4.6 points and 7.9 rebounds with NY.

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