Remember Joakim Noah? I wouldn't blame you if you forgot this once Defensive Player of the Year and former top 5 in MVP votes was still technically a Knick, I wouldn't blame you if you even thought he had retired.
Joakim was probably the worst decision by former GM Phil Jackson, who inked Noah to a massive 4 year $72 million deal back in the summer of 2016. At that time Joakim was coming off a shoulder injury and was expected to be part of a totally retooled Knicks roster, but we all know how that went.
Noah played a grand total of 53 games as a Knick over two seasons, spending last season mostly in his own exile with constant trade rumors surrounding him. It's safe to say he never lived up to the signing, but outside of Knick fans, most thought it was a horrible deal to begin with.
Having been officially waived today, the Knicks have decided to use the stretch provision to spread out the remaining $38 million they still owe Noah. New York will be taking a $18.5 million cap hit this season, but only owe $6.4 million on Noah for the following two years. This is clearly a sign that the Knicks plan to create as much cap space for the summer of 2019 as they can, as there are rumors swirling of NY possibly landing big names in free agency.
As for Noah, well it's unclear where he'll land next. He hasn't played in well over a year, his health has been going down hill for years, and his offensive game is so dated it's laughable. Perhaps it'll be best for him to just take a year off, get healthy, and hope to land somewhere in the summer of 2019.