Knicks shed Tyson Chandler, Raymond Felton in deal with Mavericks

Tyson Chandler
Tyson Chandler won Defensive Player of the Year in 2012, but dealt with multiple injuries in the years since.
Credit: Getty Images

The Knicks got rid of a lot of dead weight on their 2014-15 roster Wednesday — $18.8 million to be exact.

According to multiple reports, New York traded center Tyson Chandler and point guard Raymond Felton to the Mavericks in exchange for point guard Shane Larkin, center Samuel Dalembert, point guard Jose Calderon, shooting guard Wayne Ellington and the No. 34 and No. 51 picks in Thursday night’s NBA Draft. They had no picks previously.

While the move does add four players, even more important to the deal is the salary cap relief for the Knicks. The team had little to no flexibility next season with Chandler set to make $14.5 million and Felton making $4.3 million. Felton, who pled guilty to gun possession charges this week to avoid jail time, also had a player option for the following season — making his exit even more important than Chandler’s expiring deal.

Star forward Carmelo Anthony opted out of the final year of his deal last weekend to explore free agency and it’s likely a return would be based on new president Phil Jackson improving the roster. The Knicks may not hold on to all the players acquired from Dallas, but even if they do they will have saved about $3 million in the trade. Dalembert and Calderon will make $11 million between them in 2014-15.

Though, with Anthony opting out and two other starters being traded Wednesday, the Knicks as they are currently constituted are a shell of a team. The only players from last season who are under contract this fall are J.R. Smith, Amar’e Stoudemire, Andrea Bargnani, Iman Shumpert, Tim Hardaway Jr. and Pablo Prigioni.

The Knicks are still likely to be over the cap and won’t unable to sign any major free agents, such as LeBron James or Lance Stephenson.

Follow Metro New York Sports Editor Mark Osborne on Twitter @MetroNYSports.


OkCupid admits to Facebook-style experimenting on customers

By Sarah McBrideSAN FRANCISCO (Reuters) - OkCupid, a top U.S. matchmaking website, intentionally mismatched users to test its technology, the IAC/InterActive Corp service said on…


MTA fares still increasing 4 percent in newly…

The agency said the 4 percent increases, previously announced in December, will remain steady even as the MTA deals with increasing labor costs.


De Blasio, Bratton defend city's efforts after Eric…

Mayor Bill de Blasio justified the city's response to the death of Eric Garner, a Staten Island man who died while in police custody earlier this month.


PHOTO: New Zealand Heral uses wrong image to…

The New Zealand Herald made a terrible mistake of using the wrong image to illustrate the tragic death of Staff Sergeant Guy Boyland – a New Zealand-born Israeli soldier who…


Interview: Brendan Gleeson on the way 'Calvary' depicts…

Brendan Gleeson talks about how his new film "Calvary" began over drinks and how his character here is the opposite of the lead in "The Guard."


'Get on Up' producer Mick Jagger on the…

Mick Jagger, a producer on the James Brown biopic "Get on Up," talks about the time had to tell the singer some bad news and his favorite JB record.


'Glee' star Lea Michele to appear on 'Sons…

"Glee" star Lea Michele has been confirmed as a guest star in the final season of "Sons of Anarchy."


TV watch list, Monday, July 28: 'The Bachelorette'…

See Andi Dorfman make her big choice on tonight's 'Bachelorette' finale.


Larry Donnell has inside track in Giants tight…

Little-known Larry Donnell of Grambling State currently has the inside track, as the second-year player has received the bulk of the first-team reps.


Computer to Jets: Start Michael Vick over Geno…

Jets general manager John Idzik says the choice of who starts between second-year quarterback Geno Smith and veteran Michael Vick will be a “Jets decision.”


Yankees looking to trade for Josh Willingham: Report

CBS Sports’ Jon Heyman reported Sunday the Yankees are interested in Twins outfielder Josh Willingham.


Joe Torre: I'm in Hall of Fame because…

Joe Torre spent 18 years putting together a near Hall of Fame career as a player. But it was the 12 years he spent as…


Glasgow: Hey, hey, the gangs aren't here

This European city has done a good job getting rid of its more violent residents and revitalizing with artists.


Babson College tops list of best colleges for…

Money magazine has just released its inaugural list of "The Best Colleges for Your Money" -- and the answers have surprised many. Babson College, which…


NYC teens learn how to develop apps during…

Through a program sponsored by CampInteractive, the high schoolers designed their own community-focused apps.


The Ministry of Silly Walks app is both…

Monty Python have dug into their back catalogue for cash-ins once more, but with the Ministry of Silly Walks app, they've made something that's fun too.