The New York Knicks are not expected to sign Kristaps Porzingis to a contract extension before today's deadline.

Porzingis will be a restricted free agent next offseason.

The Knicks will have an additional $10 million in cap space in 2019 with Porzingis not signing an extension. The Knicks will still need to unload some additional salary to have enough to sign a player to a max contract.