Porzingis and his brother, Janis, who is also his agent, expressed their frustration with the franchise's losing ways, past dysfunction on the team and uncertainty over creating a sustainable, successful organization, Wojarowski reports. ESPN's Adrian Wojnarowski reports that the Knicks have agreed to trade Kristaps Porzingis, Tim Hardaway Jr., and Courtney Lee for Wesley Matthews, Dennis Smith Jr., and DeAndre Jordan. Their protected first-round pick is now the Atlanta Hawks' after a trade for Luka Doncic.
This move will free up plenty of cap space for the Knicks this summer. Hardaway has two years, $37.1 million remaining on his deal after this season; Lee is owed $12.8 million in the final year of his contract in 2019-20. Jordan is managing 11.0 points and 13.7 rebound per game, while Matthews is managing 13.1 points per game on the year.
He is eligible to become a restricted free agent at the end of the 2018-19 season.
The 7-foot-3 Porzingis was the No. 4 pick in the 2015 draft and once was expected to be the Knicks' franchise player for years. He was reported in December to be "healing well, " but has been the subject of conflicting reports as to his return.
His uncertain standing with the Knicks has been the focus of multiple teams around the league, who've wondered if there would be pathway to acquire him, front office sources told ESPN. In April 2017, he skipped his season exit meeting with then-team president Phil Jackson.