The Lakers waived Knecht, the 17th overall pick in the 2024 draft, on Monday after two underwhelming seasons in Los Angeles. He certainly had his moments with the Lakers, but inconsistent offensive production and defensive struggles led to the 6-foot-6 wing ultimately falling out of the rotation. While Knecht may not get the minutes to impact fantasy basketball in New York, the two-way deal gives him a chance to work his way back into the NBA full-time. To free up a spot for Knecht, the Knicks reportedly plan to waive Kevin McCullar Jr.