The Knicks have finalized a trade with the Nets as part of the Mikal Bridges deal. Shake Milton and Mamadi Diakite are being sent to Brooklyn, with Milton signing a three-year deal worth $9 million as part of a sign-and-trade agreement. This move will help the Knicks stay below the first apron hard cap, ensuring flexibility in their roster.
In addition to Milton and Diakite, the Nets are also sending Keita Bates-Diop to the Knicks to complete the trade. This deal gives the Knicks some added depth and talent as they continue to build their roster.
According to reports, the Knicks had been working on multiple deals to maneuver around the hard salary cap restrictions as they entered free agency. This trade with the Nets is just one piece of their overall strategy to remain competitive in the upcoming season.