New York Knicks Restructure Taj Gibson’s Contract to A Two 12 months Deal

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Taj Gibson has become an integral part of Tom Thibodeau’s squad in several teams. After being a major rotation player for Thibs for the past two seasons, it was originally reported that the Knicks and Gibson agreed to a $ 2.7 million one-year deal to return to NY.

Now the Knicks and Gibson have reached an agreement to change the terms of the contract from a one-year minimum salary to a two-year contract worth 10.1 million US dollars, according to Adrian Wojnarowski of ESPN.

New York likely waived its early bird rights to Gibson to maximize its cap flexibility to sign free agents like Kemba Walker, Derrick Rose, Evan Fournier, Nerlens Noel and Alec Burks. Now they are using their midlevel exception to complete the contract.

It is considered a win-win for all parties. Gibson is being rewarded for his mentoring in the locker room over the past two seasons, and the Knicks have a more tradable contract on the books to help maintain their cap flexibility.

In two seasons with the Knicks, Gibson averaged 5.8 points and 4.8 rebounds per game.