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Report: Knicks likely to guarantee Reggie Bullock’s salary for next season

Knicks wing Reggie Bullock

NEW YORK, NY - FEBRUARY 6: Reggie Bullock #25 of the New York Knicks reacts during a game against the Orlando Magic on February 6, 2020 at Madison Square Garden in New York City, New York. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2020 NBAE (Photo by Jesse D. Garrabrant/NBAE via Getty Images)

NBAE via Getty Images

After striking out on stars Kevin Durant, Kyrie Irving and Kawhi Leonard, the Knicks found a type last summer – marginal veterans who’d take big two-year contracts with the second season barely or completely unguaranteed.

The hope was giving New York a competitive team (failed), trade bait (failed so far) and flexibility. At least the flexibility will still come, with decisions on salaries for next season:


  • Bobby Portis: $15.75 million (team option)
  • Taj Gibson: $9.45 million ($1 million guaranteed)
  • Wayne Ellington: $8 million ($1 million guaranteed)
  • Elfrid Payton: $8 million ($1 million guaranteed)
  • Reggie Bullock: $4.2 million ($1 million guaranteed)

Marc Berman of the New York Post:

Bullock’s modest option year is likely to be picked up, according to an NBA source.

Does Berman’s source have direct knowledge of the Knicks’ plan? The possibility is what makes this interesting.

Otherwise, anyone with a general understanding of the league could guess. This would be my guess, too.

Bullock is a good 3-point shooter with the size to defend wings (though he doesn’t consistently actualize that defensive potential). Those types of players are in high demand.

Since signing Bullock, New York has changed presidents from Steve Mills to Leon Rose. The Knicks might also seek to maximize their cap space. So, there was reason to suspect they might waive Bullock.

But it’s a weak free-agent class. Bullock should have positive value on a $4.2 million salary. With only one more season left on his contract, New York won’t be stuck long-term with the 29-year-old if something goes wrong. He’s worth keeping (and I nearly selected him in our mock expansion draft).

A parting reminder: The Knicks got Bullock at such a bargain only because he failed his physical. They initially planned to pay him twice as much.