SBD/Closing Bell

Sources: Knicks Will Sign Scott Perry To Five-Year Deal As GM

Kings Exec VP/Basketball Operations Scott Perry "will sign a five-year deal" to become Knicks GM, sources said. Sources also indicated that the Knicks are "planning to sign" Steve Mills to a "new multiyear deal" as President, promoting him from GM. As part of the deal, the Kings and Knicks reportedly "agreed on a future second-round pick and cash considerations as compensation" (, 7/14).
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