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Knicks Releasing Enes Kanter After NBA Trade Deadline

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NBA MVTs: Rockets land at 7th on Forbes' list of most valuable NBA franchises

The New York Knicks are the NBA's most valuable team for a fourth consecutive year, according to an annual list published by business magazine Forbes on Wednesday.

Compared to other sports, the Knicks are tied with Major League Baseball's (MLB) New York Yankees as the second most valuable franchise in the United States, behind only the National Football League's (NFL) Dallas Cowboys, who were most recently valued at US$4.8 billion. He turns 27 in May.

Kanter averaged 14 points and 10 rebounds in 26 minutes per game this season but ranked last out of 68 qualified centers in ESPN's defensive real plus-minus metric.

According to ESPN, the Knicks released Kanter after failed attempts to find a trade partner in recent days.

The Knicks had talked to teams about potential trades for the past several weeks, sources said, but Kanter's $18.6 million expiring contract proved too hard to move at Thursday's deadline.

The annual National Basketball Association trade deadline has become a well-known spectacle among the league's most loyal of followers.

Matthews was acquired last week from Dallas in the Kristaps Porzingis trade and played in two games.

The New York Knicks have waived Enes Kanter, allowing him to sign with other teams for a playoff run.

Kanter has no future with the Knicks and is eager to move on.

Then again, the Celtics were OK with adding the defensively challenged Greg Monroe a year ago, and he ended up averaging 10.2 points and 6.3 rebounds a game in limited minutes before being relegated to mostly garbage time and DNPs in the playoffs.

NY didn't execute any trades before Thursday's deadline.

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