Knicks Trade Rumors: Pros, Cons Of Trading For Reggie Jackson

Dec 17, 2016; Auburn Hills, MI, USA; Detroit Pistons guard Reggie Jackson (1) warms up before the game against the Indiana Pacers at The Palace of Auburn Hills. Pacers won 105-90. Mandatory Credit: Raj Mehta-USA TODAY Sports
Dec 17, 2016; Auburn Hills, MI, USA; Detroit Pistons guard Reggie Jackson (1) warms up before the game against the Indiana Pacers at The Palace of Auburn Hills. Pacers won 105-90. Mandatory Credit: Raj Mehta-USA TODAY Sports /
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Jan 18, 2017; Auburn Hills, MI, USA; Detroit Pistons guard Reggie Jackson (1) drives the ball to the basket as Atlanta Hawks forward Kent Bazemore (24) defends during the fourth quarter of the game at The Palace of Auburn Hills. The Pistons defeated the Hawks 118-95. Mandatory Credit: Leon Halip-USA TODAY Sports
Jan 18, 2017; Auburn Hills, MI, USA; Detroit Pistons guard Reggie Jackson (1) drives the ball to the basket as Atlanta Hawks forward Kent Bazemore (24) defends during the fourth quarter of the game at The Palace of Auburn Hills. The Pistons defeated the Hawks 118-95. Mandatory Credit: Leon Halip-USA TODAY Sports /

Pro: Financial Security

With the salary cap frequently rising without pause, signing a starting-caliber player has become a massive investment. In 2016, Mike Conley signed a deal worth $30.5 million per season, Rajon Rondo signed a deal worth $14.05 million per season, and Jeremy Lin netted  just under $12.8 million per season.

Thus, the New York Knicks could dodge a financial bullet by trading for Reggie Jackson instead of testing the free agent waters.

Jackson signed a five-year deal worth $80 million in 2015. He’s due $14,956,522 in 2016-17 and has reasonable cap hits of $16 million in 2017-18, $17,043,478 in 2018-19, and $18,086,957 in 2019-20.

Those may seem like gaudy numbers from a traditional perspective, but New York will have to pay significantly more to get a player of Jackson’s talent level through free agency.

Rather than having to hand a four-year deal worth close to $100 million to a point guard of similar talent, New York can walk away with a more affordable player. Jackson will make an average of roughly $17,043,478 per season over the course of the final three years on his contract.

With both Brandon Jennings and Derrick Rose set to become free agents this summer, acquiring a point guard who’s under contract for the foreseeable future would be ideal.