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Knicks and Langston Galloway negotiating new contract

BUSINESS!

Anthony Gruppuso-USA TODAY Sports

Langston Galloway's second 10-day contract will expire next Tuesday. In a normal universe, signing him to a deal wouldn't cause much of a problem. God I hope the Knicks are approaching that universe.

Let's keep our fingers crossed, people, because the New York Post's Marc Berman is reporting that Galloway and the Knicks' front office are still apart in their negotiations:

The issue is whether the Knicks are willing to give Galloway some guaranteed money for next season. The Knicks are willing to sign Galloway for the rest of the season with a non-guaranteed pact for 2015-16.

Issues...I hate issues!

Please try to remain calm. This is the way negotiations work. Galloway is making a reasonable demand (guaranteed money for 2015-16) and the Knicks are making a reasonable demand (no guaranteed money). Now they will come to an agreement.

If anything, we should take comfort in the fact that Knicks management is finally trying to think one step ahead and sign these diamond-in-the-rough contributors to multi-year deals -- a stark departure from their traditional policy of "Let's wing it."

Phil Jackson does love his cap space, however. He showed as much when he foolishly declined Shane Larkin's option. He very well could decide that a few hundred thousand is worth more than keeping Galloway in New York through 2016.

Personally, I enjoy watching Langston Galloway play for the orange and blue, and would like to see him continue throwing down on suckas for years to come. Please pry open that wallet, Knicks.

Update: Nothing tonight. They'll keep talking tomorrow, when the 10-day deal expires:

AM Update: I can't remember the last time we had blow-by-blow updates on a contract negotiation this small, but here you go, via The Post:

According to a source, progress was made Tuesday morning. The issue is whether the Knicks are willing to give Galloway some guaranteed money for next season. The Knicks - who cancelled Tuesday's practice because of the snowstorm - are willing to sign Galloway for the rest of the season, but initially offered only a non-guaranteed pact for 2015-16.