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The New York Knicks announced Saturday they have waived three players, including veteran big man Joakim Noah. Also let go were guard Kadeem Allen and forward Jeff Coby.
The Knicks announced today that the team has waived three players: guard Kadeem Allen, forward Jeff Coby and center Joakim Noah
— NY_KnicksPR (@NY_KnicksPR) October 13, 2018
The 6-foo-10, 230-pound 33-year-old has been away from the team since January, when Noah and former Knicks coach Jeff Hornacek got into a heated altercation at practice.
The University of Florida product signed a four-year, $72 million deal in 2016, of which $38 million remains. By waiving Noah via the stretch provision, the Knicks are spreading out his remaining salary over the course of more years with less of an annual salary-cap hit. Consequently, New York is adding almost $13 million in cap space for the summer of 2019. and will be paying Noah $6.4 million annually until 2022.
Noah played in only seven games for the Knicks last season. In 5.7 minutes, he averaged 1.7 points and 2.0 rebounds.
He totaled 53 games for New York Knicks over the last two seasons, averaging less than five points. He also underwent two surgeries and had a 20-game PED suspension.
Noah carries career averages of 8.9 points, 9.3 rebounds and 2.9 assists in 28.6 minutes in 625 NBA games (511 starts), shooting 49.0 percent from the field and 69.9 percent from the free-throw line.
The ninth overall pick of the 2007 NBA draft by the Chicago Bulls, Noah, an All-Star in the 2012-13 and 2013-14 seasons for the Bulls, has earned $104,780,096 in his 11-year NBA career. He was the NBA Defensive Player of the Year in the 2013-14 season while with Chicago.