Knicks trade for Denzel Valentine to set roster decision
The Knicks added money and intrigue to the back of the roster, along with trading some draft rights, as part of a small three-way deal on Monday.
The Knicks confused Denzel Valentine in New York after the fifth-year swingman was initially sent from the Cavaliers to the Lakers in exchange for point guard Rajon Rondo. Los Angeles wanted to clear the spot on the roster, and the Knicks are given a cash match, which is said to be around $ 1.1 million.
Valentine, the former Michigan State star, was only a Knick for a few hours as the team gave him up on Monday night before his contract was fully guaranteed. The Knicks now have a slot available as they also gave up goaltender Wayne Selden, who had been in three games this season, to make room for Valentine.
In trade, the Knicks also sent the draft rights of Louis Labeyrie – a 2014 second-round pick from France – to the Lakers in exchange for the rights of Wang Zhelin and Brad Newley. All international players are unlikely to make the jump to the NBA.
Zhelin, a second-round pick in 2016, plays in the China Basketball Association, while Newley, 36, was a second-round pick in 2007 who plays in the Australian National Basketball League.
The Knicks have therefore saved some money and could add another option to their roster. It is possible that that niche will go to Ryan Arcidiacono, the former Villanova playmaker who was officially welcomed on Monday with a 10-day contract, ahead of the Knicks’ game against the Pacers on Tuesday at the Garden.
Amid so many playmaker uncertainties – Derrick Rose is likely out until the end of February after right ankle surgery, and Kemba Walker is out indefinitely with left knee pain after aggravating the surgically repaired knee during warm-ups on Friday – Arcidiacono has a chance to stay.
The 27-year-old averaged 12.7 points, eight assists and 5.7 rebounds in 32.2 minutes in six games for Celtics affiliate G League this year and had played his first four seasons in Chicago, where he did not ride Tom Thibodeau.
Arcidiacono shot 43.1% from the field and 37.3% from 3 in 207 NBA games