The Karl-Anthony Cities blockbuster commerce involving the New York Knicks, Minnesota Timberwolves, and Charlotte Hornets was made official on Tuesday, in accordance with press releases from every of the three groups.
New York Knicks traded Julius Randle, Donte DiVincenzo to Minnesota Timberwolves for Karl-Anthony Cities
The Knicks traded Julius Randle and Donte DiVincenzo to Minnesota for Cities, and the Timberwolves acquired a 2025 top-13-protected first-round decide from New York through the Detroit Pistons.
Randle acquired his full 15% commerce bonus as a part of the transaction, confirms ESPN’s Bobby Marks. That raises the ahead’s cap hit for 2024-25 from $28,939,680 to $33,073,920.
Listed below are the agreed commerce particulars, per sources.
The commerce name has not taken place but.
New York receives: Karl-Anthony Cities (from MIN) and the draft rights of James Nnaji (from Charlotte)
Minnesota receives: Julius Randle (from NYK), Donte DiVincenzo (from NYK), Keita…
— Bobby Marks (@BobbyMarks42) October 2, 2024
The cap cost for Randle’s 2025-26 participant choice ($30,935,520) stays unchanged, for the reason that commerce bonus doesn’t have an effect on choice years. Cities additionally had a commerce kicker in his contract, but it surely’s voided as a result of he’s already incomes his most wage.
Along with touchdown Cities, New York is receiving the draft rights of James Nnaji (from Charlotte). Keita Bates-Diop was additionally acquired by the Timberwolves.
Hornets obtain three draft picks, three gamers, and $7.2 million in money
Moreover, Minnesota waived camp signee Jaedon LeDee to be able to accommodate the one-for-three swap.
The Hornets acquired DaQuan Jeffries (sign-and-trade), Charlie Brown Jr. (sign-and-trade), Duane Washington (sign-and-trade), both the Denver Nuggets’ or Philadelphia 76ers’ 2025 second-round decide (whichever is least favorable from Timberwolves), the Golden State Warriors’ 2026 second-round decide (from Knicks), New York’s 2031 second-round decide, and $7.2 million money from the Knicks.
We’ve acquired Charlie Brown Jr., DaQuan Jeffries, Duane Washington Jr, three picks, and money concerns in a three-team commerce with the Timberwolves and Knicks.
Learn the discharge: https://t.co/zmB29obijz | @CorcoranHM pic.twitter.com/Az9QqRtYVC
— Charlotte Hornets (@hornets) October 2, 2024
The three gamers the Knicks signed-and-traded to Charlotte will every earn $1 greater than their respective minimal salaries. Meaning $2,425,404 for Jeffries, $2,237,692 for Brown, and $2,162,607 for Washington.
Charlotte minimize guards Marcus Garrett and Caleb McConnell to make room on its roster for the three incoming gamers.
Knicks welcome Karl-Anthony Cities
“We’re past excited to welcome Karl-Anthony Cities to the New York Knicks household. Karl-Anthony brings a skillset that’s distinctive to the sport of basketball,” Knicks president of basketball operations Leon Rose stated in an announcement.
“He possesses a mix of playmaking, capturing, rebounding and defending that together together with his measurement permits him to compete at a stage that’s uncommon on this league. Karl-Anthony has demonstrated all through his profession to be a excessive caliber participant and particular person on and off the courtroom who will complement the kind of workforce and tradition we proceed to construct in New York.”
.@nyknicks Purchase Karl-Anthony Cities pic.twitter.com/72HviQM2fB
— NY_KnicksPR (@NY_KnicksPR) October 2, 2024
Cities, who turns 29 on Nov. 15, grew up simply outdoors of New York Metropolis in central New Jersey. Final season in Minnesota, he averaged 21.8 factors and eight.3 rebounds in 62 video games (all begins). Plus, he shot 50.4% from the sector and 41.6% from 3-point vary.
The 7-footer helped Minnesota advance within the playoffs for the second time within the franchise’s 35-year historical past. The Wolves additionally made the Western Convention finals for the primary time in 20 years.
