Nerlens Noel has filed a lawsuit against Rich Paul and his firm, Klutch Sports, claiming he lost $58 million in potential salary while he was represented by them from 2017 to 2020. 

Noel took the action after Klutch recently filed a grievance with the National Basketball Players Association, claiming Noel hadn't paid $200,000 in commission on his previous one-year contract with the Knicks.

Noel claims breach of fiduciary duty, breach of contract and negligence.

At the start of free agency in 2017, Noel was represented by agent Happy Walters. Noel claims in the lawsuit he was offered a four-year, $70 million deal by the Mavericks, a number that was reported by several news outlets that summer. During the free-agency process, Noel said he fired Walters and hired Paul after they met at Ben Simmons' birthday party in Los Angeles.

Noel said Paul advised him to pass on the $70 million offer to accept the qualifying offer and become an unrestricted free agent the next summer. 

The following season, Noel broke his thumb and missed 42 games as his numbers dropped.

Noel didn't re-sign with Dallas and played the next two seasons for the Oklahoma City Thunder, making the league minimum, $3.7 million combined, as a backup.

Noel played last season for the Knicks, making $5 million. Noel remained with Paul for all four contracts. Noel signed a three-year deal with the Knicks this offseason that guarantees him $27.7 million with another $4.1 million in possible incentives. The deal was negotiated by agent George Langberg.

When the New York Knicks signed Dwayne Bacon after he was waived by the Orlando Magic, he appeared to be a good bet to make their 15-man roster for the start of the regular season.

But Bacon actually signed a one-year, non-guaranteed Exhibit 10 deal despite being a starter for the Magic last season.

Bacon's contract is similar to what an undrafted or second round player signs. While Bacon is a CAA client, sources say the Knicks are taking a flier on Bacon because of Tom Thibodeau's close friend Steve Clifford who coached him with the Charlotte Hornets and Magic.

The Knicks could have their final roster spot come down to Bacon and Luca Vildoza. 

“Bacon is a 2-3, can score some but is undisciplined and lacks basketball IQ,’’ one longtime NBA scout told The Post. “Clifford liked him better than I would have expected. That likely has a lot to do with why the Knicks signed him. I’m certain Clifford recommended him to Thibs, but he’s more scorer than shooter and needs the ball in his hands to score."

Host Danny Leroux (@DannyLeroux), Jared Weiss of The Athletic (@JaredWeissNBA) and Jared Dubin (@JADubin5) in-depth on the NBA’s Atlantic Division.

They discuss how the 76ers, Celtics, Nets, Raptors and Knicks fared in the off-season and predict the season to come, including projected finish, breakout players and rookies they are most excited to see.

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The schedule NBA's annual Christmas Day extravaganza has been set. As per usual, there are five games scheduled on December 25:

Atlanta Hawks at New York Knicks - 12:00 PM ET on ESPN

Boston Celtics at Milwaukee Bucks - 2:30 PM ET on ABC

Golden State Warriors at Phoenix Suns - 5:00 PM ET on ABC

Brooklyn Nets at Los Angeles Lakers - 8:00 PM ET on ABC/ESPN

Dallas Mavericks at Utah Jazz - 10:30 PM ET on ESPN

The New York Knicks have acquired Evan Fournier from the Boston Celtics in a sign-and-trade that nets them two second round picks.

Boston will create a traded player exception as part of the deal worth approximately $17.1 million.

The Celtics similarly created a trade exception when they sent Gordon Hayward to the Charlotte Hornets.

According to Adam Himmelsbach of the Boston Globe, the picks will be the top-55 protected second rounder in 2023 from the Hornets and the worst of a 2023 second round pick from either the Oklahoma City Thunder or Washington Wizards, or the better pick between the Dallas Mavericks or Miami Heat.

The New York Knicks signed Miles McBride to a two-year, $2 million contract with a team option for the third year.

McBride will make $925,000 in his rookie season.

The Knicks selected McBride 36th overall out of West Virginia. 

Kemba Walker's contract with the New York Knicks is worth $18 million over two seasons, sources tell The Athletic.

Walker gave back $20 million in his contract with the Oklahoma City Thunder as part of his buyout. Walker was traded by the Boston Celtics to the Thunder two seasons into a four-year, $141 million deal.

Walker averaged 19.3 points, 4.0 rebounds and 4.9 assists in 31.8 minutes over 43 games last season with the Celtics. Walker was an All-Star in 19-20 before dealing with ongoing knee issues. 

Damian Lillard is not currently available for a trade and he has also not requested one from the Portland Trail Blazers, sources tell Zach Lowe of ESPN.

A trade of Lillard, if it does happen during the 21-22 season, is widely expected to come down to the Philadelphia 76ers and New York Knicks.

The Knicks are almost entirely out of a two-team trade scenario for Lillard until Dec. 15 when players signed during the offseason can be traded. The 76ers, meanwhile, can match salary and have a proven All-Star available in Ben Simmons. But the 76ers are on the clock for trading Simmons, who they have signaled they intend to trade.

The New York Knicks have agreed to sign Dwayne Bacon.

Bacon averaged 10.9 points, 3.1 rebounds and 1.3 assists in 25.7 minutes per game last season with the Orlando Magic. Bacon was a second round pick in 2017 out of Florida State.

Jericho Sims has signed a Two-Way deal with the New York Knicks.

Sims' Two-Way deal is for two seasons. 

Sims was a second round pick by the Knicks out of Texas where he averaged 9.2 points, 7.2 rebounds and 1.1 blocks in 24.7 minutes over 26 games as a senior.