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New York Knicks Waive Ricky Ledo

#Knicks waived Ricky Ledo. Had a non-guarantee for next season and didn’t factor into rotation. Ledo wants/needs minutes.

— Alan Hahn (@alanhahn) July 30, 2015

The New York Knicks waived Ricky Ledo today, saving New York $100,000 due to a non-guaranteed contract. Ledo made it easy for the Knicks to cut ties after a disappointing Summer League.

Knicks saved $100,000 by waiving Ledo before Aug. 1. Was guaranteed $200,000 if he made opening-day roster.

— Jeff Zillgitt (@JeffZillgitt) July 30, 2015

Ledo averaged only 6.