After dealing J.R. Smith to the Cleveland Cavaliers, the New York Knicks have now positioned themselves to have almost $30 million in cap space this summer. New York plans to make a run at Memphis Grizzlies center Marc Gasol and Dallas Mavericks point guard Rajon Rondo, but they're targeting Oklahoma City point guard Reggie Jackson as their backup option, according to Ian Begley of ESPN New York:
The feeling among some around the league is that the Knicks will instead target second- and third-tier free agents this summer and maintain some cap flexibility for the summer of 2016, when a free-agent class headlined by Kevin Durant becomes available.
One name to keep an eye on this summer is Reggie Jackson. NBA people expect the Knicks to have interest in Jackson, who can test free agency this summer. Jackson likely will be a restricted free agent. But with Oklahoma City having obtained Dion Waiters, the club may not break the bank to retain Jackson.
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