Happy Walters (agent for Amare) posted on twitter:
“There will be a sign and trade with NY. Will give you all more cap space courtesy of Amar’e.”
According to RealGM
“The trade exception of $16.5 million is equal to Stoudemire’s first-year salary in New York and means that Phoenix would be landing a player like David Lee in return.
The Knicks are expected to receive a second-round pick and an additional $800,000 in cap space in the deal as they will be able to start Amar’e's contract at a lower price.”
Top performers from Day 3 of the Orlando Summer League
Damion James (Nets): James has out played fellow rookie Derrick Favors through the first three games. James scored a game high 30 points (9-of-18 shooting). The Texas rookie is averaging 20.7 (2nd overall) points and 6.3 rebounds.
Paul George (Pacers)- George followed up his eight rebound, seven steal game with 15 points and nine rebounds. The 10th overall pick has displayed his versatility through the first three games.
Jrue Holiday (76ers)- Holiday had his best game yet with 25 points, 5 assists, 3 steals and 3 three-pointers. Overall he is fifth in scoring and second in assists.
Honorable Mention: Joe Crawford (Magic), Josh McRoberts (Pacers), Lance Stephenson (Pacers), James Harden (Thunder), Marreese Speights (76ers)
Top three performers from Day 2 of the Orlando Summer League:
Gerald Henderson (Bobcats): Henderson had team highs of 21 points, eight rebounds, and four assists. He made 10-of-11 free throws and has scored over 20 points in his each of his first two games.
Terrence Williams (Nets): Williams had a game high 24 points (8-of-12 from the field). He also chipped in seven rebounds and seven assists. The second year player is averaging 23.5 points, seven assists and four rebounds through two games.
Patrick Ewing Jr. (Magic): Ewing scored 17 points (7-of-12 from the field) with three rebounds, two blocks, two threes and one steal. He scored 12 of his team high 17 in the second half.
Honorable mention: Damion James (Nets), Lance Stephenson (Pacers), Gordon Hayward (Jazz), Luke Harangody (Celtics), James Harden (Thunder)
Top three performers from Day 1 of the Orlando Summer League:
Lance Stephenson (Pacers): Stephenson had game highs of 21 points and eight free throw attempts. He also chipped in with four rebounds, three assists and one block. The Pacers need a play maker and they believe Stephenson could run the point. The 40th overall pick in the NBA Draft already looks like a steal.
Luke Harangody: Harangody led the Celtics with 23 points on 9-of-13 shooting from the field. He made four three pointers which shows his improved outside shot. Hiz size and basketball IQ could help him get playing time during the season.
Jrue Holliday (76ers): Holiday had a team highs of 23 points, 11 free throw attempts and eight assists. He looked comfortable running the pick-and-roll. The second year player also showed chemistry playing alongside Evan Turner.
Honorable mention: Evan Turner (76ers), Terrence Williams (Nets), Patrick Ewing Jr. (Magic), Jeff Adrien (Magic), Gerald Henderson (Bobcats), B.J. Mullens (Thunder)