Dalton Knecht Signs Two-Way Contract with New York Knicks After Lakers Waiver

Dalton Knecht, the former Los Angeles Lakers first-round pick, has agreed to a two-way contract with the New York Knicks, as confirmed by multiple reputable sources on October 23, 2026. This marks a new chapter for Knecht, who was waived by the Lakers just days earlier ahead of the 2026-27 NBA season opener [1][2][5].

Background: Knecht’s Journey From Rookie Promise to Lakers Waiver

Selected 17th overall in the 2024 NBA Draft out of the University of Tennessee, Knecht entered the NBA with solid expectations after a stellar college career in which he earned SEC Player of the Year honors and was recognized as a consensus All-American [8]. As a rookie with the Lakers during the 2024-25 season, Knecht averaged 9.1 points, 2.8 rebounds in 19.2 minutes across 78 games, highlighted by a memorable 37-point performance tying the rookie record for three-pointers made in a game [1][2][8].

However, Knecht’s trajectory slowed significantly after a trade that was set to send him to the Charlotte Hornets in early 2025 fell through due to the failed physical of Hornets’ center Mark Williams. This unusual circumstance reportedly dealt a blow to Knecht’s confidence and playing role, contributing to reduced minutes and production in the following season [1][3][8].

In the 2025-26 season, Knecht’s playing time dropped to 10.2 minutes per game over 54 appearances, and his scoring dipped to 4.2 points per game, accompanied by defensive struggles and diminished minutes under Lakers coach JJ Redick. The Lakers ultimately waived Knecht on October 19, 2026, as they made final roster cuts and prioritized other players including Bronny James and Jaden Hardy [1][5][6][8].

Details of the Knicks Agreement and Roster Impact

Just four days after his release, Knecht secured a two-way deal with the New York Knicks, the reigning NBA champions. To accommodate Knecht, the Knicks waived forward Kevin McCullar Jr., who had spent two seasons on a two-way contract and earned a championship ring [2][4][5][6].

Under NBA regulations, Knecht’s two-way contract allows him to split time between the Knicks’ NBA roster and their G League affiliate, the Westchester Knicks, with a limit of 50 NBA regular-season games. Such contracts do not allow postseason play unless converted to a standard NBA deal [2][8].

The Knicks’ two-way roster now includes Knecht alongside Tyler Nickel and Jaden Akins, signaling the team’s interest in Knecht’s shooting ability and scoring upside over purely defensive players like McCullar [8]. The move reflects New York’s preference for adding perimeter shooting and offensive versatility to their bench, as recent starters struggled with spacing and three-point accuracy in their opener [8].

Why the Knicks Believe Knecht Can Thrives in New York

The Knicks are betting on Knecht’s potential as a movement shooter and cutter within their offense, which emphasizes constant player and ball movement with screens and handoffs designed to free shooters in rhythm. His proven ability to shoot on the move and finish in transition fits well with Mike Brown’s schemes [8].

Although defense has been a major concern for Knecht, New York’s roster behind the starting forwards includes rim protectors like Andre Drummond and James Wiseman, which may mask some deficiencies. The Knicks see a place for Knecht to develop his defensive awareness in the G League and gradually earn NBA rotation minutes if he improves defensively and sustains efficient shooting [4][8][10].

Knecht’s age (25) and experience (132 NBA games) give him a maturity advantage over typical two-way players, indicating he could be a dependable bench option when called upon [8]. The Knicks have had recent success turning such low-risk additions into valuable contributors during their championship run, including Landry Shamet and Jose Alvarado [10].

Other Teams Interested and Knicks’ Roster Strategy

Knecht attracted interest from several teams, including the Minnesota Timberwolves, Cleveland Cavaliers, and Sacramento Kings, but New York ultimately secured the signing. The Timberwolves had an open two-way slot with plans to evaluate players available after preseason cuts but missed out on Knecht, who adds perimeter shooting depth behind young primary scorers [3].

What’s Next for Dalton Knecht

Knecht’s primary objective will be to prove his value in the Knicks’ system via the G League while staying ready to contribute in the NBA when injuries or rotation needs arise. While there are limits to his NBA game appearances under the two-way contract, strong performances in Westchester could lead to a conversion of his deal for a playoff-eligible roster spot [8].

This opportunity represents a fresh start away from the spotlight of Los Angeles, potentially allowing Knecht to rebuild confidence and recapture the shooting and scoring form that initially made him a promising first-round prospect [1][8].

In summary:

• Dalton Knecht, formerly of the Lakers, signed a two-way contract with the New York Knicks on October 23, 2026.
• The Knicks waived Kevin McCullar Jr. to clear roster space for Knecht.
• Knecht’s impressive rookie season was followed by a decline in minutes and production, culminating in his waiver by the Lakers.
• The Knicks see Knecht as a skilled shooter and offensive role player with developmental upside.
• He will split time between the Knicks and the Westchester Knicks, with limited NBA games under the two-way deal.
• New York’s championship success with similar signings offers hope Knecht may revive his NBA career.