A source told the Daily News that Noah was waived outright, meaning he gave up no money in a buyout.
The 33-year-old has been away from the Knicks since January, when he and former coach Jeff Hornacek got into a heated altercation at practice. As it turned out, that moment symbolized the end of Noah’s Knicks career.
Noah signed a four-year, $72 million deal in 2016 and he leaves with $38 million of that remaining. By waiving Noah via the stretch provision, the Knicks are spreading out his remaining salary over more years with less of an annual cap hit. As a result, they are adding almost $13 million in cap space for the summer of 2019. The bad consequence is that they’ll be paying Noah $6.4 million annually until 2022.
The Knicks are 1-2, losing by a total of four points on last-second outcomes.
But the only loss that matters is rookie lottery-pick Kevin Knox, who could be out for at least two weeks with a sprained left ankle, as they begin a two-game road trip in Milwaukee on Monday and Miami on Wednesday.
The Knicks announced Sunday an MRI confirmed the ankle sprain, that Knox would be re-evaluated in one week and that he would skip the road trip to undergo treatment.
Five takeaways from another “moral victory” as the 1-3 Knicks took the unbeaten Bucks down to the final 1:30 before being outscored 16-6 to close, dropping a 124-113 decision Monday night in Brew City.
1. The current starting lineup has one more game to prove itself, otherwise David Fizdale will change things up, likely at power forward with Mario Hezonja or Noah Vonleh replacing Lance Thomas. As much as Thomas is the club’s emotional leader, his lack of offense hurts. The 30-year-old defensive specialist was shut out against Boston and notched four points in 18 minutes in Milwaukee. Hezonja’s confidence was crashing after Saturday’s Boston benching and getting called out on Twitter by a former Knicks executive, but he rose up in Milwaukee.