News is coming out of New York that the Knicks will finalize a one-year deal with restricted free agent David Lee some point after Labor. The commitment of only one year to Lee signals the continued effort by the Knicks to position themselves as a big player next summer. And Knicks’ GM, Donnie Walsh makes no bones about that fact.
Knicks president Donnie Walsh said he doesn’t think a Lee sign-and-trade is possible. Even though the Knicks like Lee, Walsh said he is not interested in signing the forward to a long-term contract at this point; he wants to maintain as much payroll flexibility for next summer, when LeBron James, Chris Bosh and other prominent players will be free agents.
The deal is said to be to the tune of $6 million-to-$8 million range.