The New York Knicks have traded Kristaps Porzingis to the Dallas Mavericks for short-term contracts and draft picks. The deal reportedly includes Mavericks center DeAndre Jordan, point guard Dennis Smith Jr., and wings Wesley Matthews, Tim Hardaway Jr., Wesley Matthews, and guard Trey Burke.
Adrian Wojnarowski of ESPN broke news of the deal. Other media soon followed with details.
Let's try that again: Dallas is finalizing a deal to land Kristaps Porzingis, league sources tell ESPN. https://t.co/WacB71H1JW— Adrian Wojnarowski (@wojespn) January 31, 2019
The Knicks would receive Dennis Smith Jr. and the expiring contracts of DeAndre Jordan and Wes Matthews in the proposed trade, according to league sources— Marc Stein (@TheSteinLine) January 31, 2019
The Knicks would also receive future first-round draft compensation from the Mavericks and, by shedding the contracts of Hardaway and Lee, create the salary-cap space this summer to pursue two maximum contract free agents— Marc Stein (@TheSteinLine) January 31, 2019
Reports of the full deal:
Sources: Full players involved in Knicks/Mavericks deal:— Shams Charania (@ShamsCharania) January 31, 2019
Kristaps Porzingis, Tim Hardaway Jr., Courtney Lee, Trey Burke to Dallas.
Dennis Smith Jr., Wes Matthews, DeAndre Jordan and likely first-round draft pick compensation to New York.
New York has agreed with Dallas on trade that includes Kristaps Porzingis, Courtney Lee, Tim Hardaway Jr., for Wesley Matthews, Dennis Smith Jr. and DeAndre Jordan, league sources tell ESPN. Players and agents are being notified of particulars. Deal may include more draft assets.— Adrian Wojnarowski (@wojespn) January 31, 2019
Porzingis has not played this season, recovering from an ACL injury. It’s not likely that the players the Knicks receive in return will remain with the team past summer. Porzingis may be angling towards longer-term plans as well:
Sources: All-Star Kristaps Porzingis is planning to inform the Dallas Mavericks his intent is to sign the qualifying offer in restricted free agency this summer.— Shams Charania (@ShamsCharania) January 31, 2019
If Porzingis does sign the qualifying offer, he’ll play for $7.5 million next season, then become an unrestricted free agent in the summer of 2020.