By trading Noel and Burks, the Knicks will unload $19 million more in salary which will help them create cap space to try and sign free agent guard Jalen Brunson, Wojnarowski adds. The Pistons will also receive two future second-round picks and cash in the deal.
New York had reportedly been looking to move Noel, who is due $9.24 million this season and $9.68 million next season. Ian Begley of SNYtv reported that the Toronto Raptors were among the teams interested in the 28-year-old centre along with the Los Angeles Clippers and New York Nets.
Noel averaged 3.4 points, 5.6 rebounds and 1.2 blocks per game with the Knicks this past season.
This is the second deal in the past week involving the Knicks and Pistons after Detroit acquired veteran guard Kemba Walker in a three-team trade involving the Charlotte Hornets. Walker is expected to become a free agent as it has been reported that a contract buyout is going to happen between the Pistons and the veteran guard.