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New York Knicks Nearing Agreement With Michael Beasley (Report)

The New York Knicks are on the verge of signing former No. 2 overall pick Michael Beasley. Michael Scotto of Basketball Insiders reports that the two sides are “nearing agreement” on a one-year deal.

New York Knicks and former No. 2 overall pick Michael Beasley are nearing agreement on a one-year deal, a league source told @BBallInsiders.

— Michael Scotto (@MikeAScotto) August 8, 2017

Ian Begley of ESPN New York elaborates, explaining that the deal is expected to be completed by the end of the day and for the veteran’s minimum.