Knicks Waive Wayne Selden

The

Knicks have placed veteran shooting guard

Wayne Selden on waivers, league sources tell Fred Katz of The Athletic (Twitter link).

The team needed to open up a roster spot in order to complete its acquisition of

Denzel Valentine and Selden was the most expendable player on the roster, since his minimum-salary contract isn’t fully guaranteed.

Selden, 27, has appeared in a total of 127 NBA games since making his debut in 2017, but only three of those appearances came this season. He had five points on 1-of-4 shooting in 19 total minutes for the Knicks in 2021/22.

Selden would’ve earned a $1,729,217 salary if he had remained under contract for the entire season. Because he’s being released now, he’ll instead make a prorated minimum of $785,104, which is also the amount that will apply to New York’s team salary. If Selden is claimed on waivers, he’d be back on track to earn his full salary and he’d be removed entirely from the Knicks’ cap, but that’s probably a long shot.

With a newly-opened roster spot, the Knicks are free to officially finalize their three-team trade with the Cavaliers and Lakers to acquire Valentine. Like Selden, Valentine doesn’t have a fully guaranteed salary, so the club will need to decide this week whether or not to keep him around beyond Friday’s salary guarantee deadline. New York is unlikely to hang onto Valentine for the season, tweets Ian Begley of SNY.tv.

Source : https://www.hoopsrumors.com/2022/01/knicks-waive-wayne-selden.html

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Knicks sign guard Ryan Arcidiacono, waive Wayne Selden

Source:Newsday

Knicks sign guard Ryan Arcidiacono, waive Wayne Selden

Knicks trade for Denzel Valentine, released Wayne Selden, likely to cut Valentine this week

Source:MSN

Knicks trade for Denzel Valentine, released Wayne Selden, likely to cut Valentine this week

Denzel Valentine: New York Knicks acquire guard in three-team trade with Los Angeles Lakers and Cleveland Cavaliers

Source:Sky Sports

Denzel Valentine: New York Knicks acquire guard in three-team trade with Los Angeles Lakers and Cleveland Cavaliers