The Knicks Are Reportedly "Re-Working" A Free Agency Deal

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The Knicks have offered Morris a one-year, $15 million contract, according to Yahoo Sports.

However, with Taj Gibson and last season's ninth overall pick Kevin Knox the only real competition besides Julius Randle for significant minutes at either forward slot, Morris would likely see more playing time than he would in San Antonio's stacked forward rotation.

The salary cap space for the Knicks is suddenly available because the team and free agent forward Reggie Bullock are no longer executing a two-year, $21 million deal, and instead are reworking the terms down to a lower financial commitment, league sources said.

ESPN reported on Tuesday that Morris is considering backing out of his agreement with the Spurs to sign with the New York Knicks.

Morris agreed to a two-year, $20 million deal with San Antonio, according to multiple reports on Saturday.

If Morris were to back out and sign with the Knicks, that would be a big blow to the Spurs, who seemingly got Morris on a very reasonable contract.

Follow the Heavy on NBA Facebook page for all the latest stories, rumors and viral content! NY is in the process of restructuring Reggie Bullock's contract, which will free up salary cap space. As ESPN's Adrian Wojnarowski reported, the Knicks and Bullock's agent are re-evaluating his "fitness" to play a full season, and how that situation could play out remains a talking point.

The Knicks' interesting offseason continues.

- First, this is a tough break for the Spurs, who lose a versatile forward option who would have been on an affordable deal. If Morris did choose to head to NY, he'd have the chance to test the free agency market again next offseason.

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