Arron Afflalo and Derrick Williams will opt out of their contracts, which should leave the Knicks with about $30 million of cap space when free agency hits July 1, according to an NBA source.
After getting benched late in the season for Sasha Vujacic, Afflalo was a shoo-in not to opt in to the second year of his contract, worth $8 million, after signing with the Knicks last summer. Afflalo called himself an “elite’’ shooting guard after the season and gave all indications he was gone.
Williams, who came off the bench and was Knicks’ most athletic player, turned down the final $4.