BREAKING: The Minnesota Timberwolves are nearing a trade to send All-Star Karl-Anthony Towns to the New York Knicks, sources tell me and @JonKrawczynski.
BREAKING: The Brooklyn Nets have agreed in principle on a trade to send F Mikal Bridges to the New York Knicks for Bojan Bogdanovic, four unprotected first-round picks, a protected first-round pick via Bucks, an unprotected pick swap and a second-rounder, sources tell ESPN.
In a largely unprecedented financial concession to give roster flexibility to a contender, New York Knicks star Jalen Brunson has agreed on a four-year, $156.5 million extension, his agent Sam Rose of CAA tells ESPN --- $113M less guaranteed than heβs eligible to receive in one year.