Luke Kornet Reportedly Signs Two-Way Contract with the New York Knicks

Phil Jackson may have fallen asleep during a draft prospect’s workout, but he wasn’t sleeping on Luke Kornet. The former Vanderbilt Commodores big man agreed to a two-way contract with the New York Knicks after Thursday night’s NBA Draft, according to reports.

Kornet averaged 13.2 ppg, 6.2 rpg, and 2.0 blocks as a senior at Vanderbilt, and he was named a First Team All-SEC player. He also leaves Vanderbilt as the school’s all-time leader in blocked shots.

The two-way contract is a new feature of the NBA starting in the 2017-18 season, and you can read more about it here. The short version is that players on a two-way contract will be paid $50,000 in NBA training camp, and can be on an NBA roster for a maximum of 45 days during the regular season. While on an NBA roster, the player will be paid 1/170 of the league minimum for each day on the roster. The maximum amount that a player can be paid on a two-way contract is $275,000.

So Luke will be spending a lot of time playing for the Westchester Knicks next season, but he could spend some time playing mopup duty for Kristaps Porzingis, who still hasn’t been traded as far as we know.