After many months of not knowing what to do with Andrea Bargnani and his massive contract (2 years, $22.5M left on his deal), the Raptors have found the former #1 overall pick a home in New York City. CBS Sports is reporting:
The reported agreed trade has Bargnani heading to the Knicks in exchange for Marcus Camby, Steve Novak and future draft picks, one a first-rounder, and two future second-rounders.”
This truly is glorious news for fans of basketball north of the border! Bargnani has been a bust and hasn’t delivered the goods liked they hope he would, averaging just 15.2 points and 4.8 rebounds per game over the course of his career. It is definitely time for the Raptors to move on from him, shed the cap space, and start rebuilding around Rudy Gay as their franchise center piece.
As for the Knicks, this move will make them better, but certainly not enough to win them a championship. This move is almost a sign that the Knicks are committed to being “almost good enough to win it all.” While Bargnani is a nice player who can stretch the floor and hit some shots, it’s truly a head scratcher move for the Knicks in the sense that Bargnani isn’t a cheap date, and the Knicks aren’t exactly a team with a lot of money to throw around given they are well over the luxury tax.
But if you are the Toronto Raptors, you don’t care at all about the Knicks and their luxury tax problems. You only care about shedding cap space and getting rid of a guy who has cost you a lot of money and hasn’t delivered. This is definitely a major victory for new Raptors GM Masai Ujiri and the Raptors organization as a whole.
UPDATE: The Raptors and Knicks’ proposed deal has hit a snag, as the league will reportedly not accept the terms of the proposed deal on Sunday night. The trade will need to be tweaked in order to meet standards for the 2013-14 cap figures.
RT @HowardBeckNYT: UPDATE: Knicks trade for Bargnani will NOT be approved by NBA tonight. Teams have to restructure with 2013-14 cap figures
— Marc Stein (@ESPNSteinLine) July 1, 2013
–Ben Parker: follow me on twitter @nba_lord.