Knicks Waive And Stretch Joakim Noah

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NY is using the waive and stretch provision to cover for the remaining $38 million on Noah's current deal, per Woj, which will give the Knicks an annual cap hit of $6.4 million for the next three seasons, starting from 2019-20.

The Joakim Noah era in NY has come to an end. Unable to find a trade, the Knicks waived the center Saturday, Oct. 13, 2018, with two years and $37.8 million remaining on his contract. Almost everyone predicted that the Knicks giving an injury-prone Noah a four-year, $72M deal when he was already 31 years old would be a mistake.

Noah underwent knee surgery in February of his first season with the team, and just one month later was hit with a 20-game suspension for violating the league's anti-drug policy.

It's the end of a brief and unsuccessful era in NY.

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Noah (University of Florida) had been away from the team since clashing with former coach Jeff Hornacek last season, when he appeared in just seven games.

The former Defensive Player of the Year was still owed $38 million over the next two seasons.

The No. 9 overall pick by the Bulls in 2007, Noah averaged 8.9 points and 9.3 rebounds per game in his 11-year career.

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