Miles McBride's Contract Extension Unlikely Before Trade Deadline

Miles McBride did not secure a contract extension by the August 11 deadline, which has implications for his future with the New York Knicks. According to Jared Schwartz of The New York Post, this date was seen as a soft deadline for a new deal.

Schwartz suggests that McBride is now unlikely to receive an extension before the February 11 trade deadline, as signing a new contract that meets specific criteria would render him ineligible for trades for six months. He is viewed as one of the Knicks' key trade assets, and the team may prefer to maintain flexibility rather than risk making him ineligible for trades.

While Schwartz's analysis is based on the assumption that McBride would lose trade eligibility with a raise exceeding 20% on his current salary of $3.96 million, it is noted that he could sign for up to approximately $18.92 million and remain trade-eligible under certain conditions. The Knicks are also facing salary cap challenges and are prioritizing a new deal for Karl-Anthony Towns, which complicates the situation for McBride's extension.