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The Knicks will sign Tony Wroten

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Bill Streicher-USA TODAY Sports
The Knicks have a New Knick.
Wroten is a 22-year old big combo guard (6'6") who was a first round pick three years ago by Memphis. Things to be excited about: he's athletic as hell and he can get to the rim, which makes him pretty un-Knick like. Things to be concerned over: he can't really shoot and he turns the ball over. So it sounds like he'll be interesting to watch no matter what.

Since being drafted Wroten has mostly played in the D-League for the Reno Bighorns and the Delaware 87ers. After playing very little for Memphis as a rookie, he's played parts of the past three seasons with the 76ers, who cut him for good last Christmas Eve, meaning Philadelphia is not only relentlessly awful, but cruel to boot.

The length of this deal was initially eyebrow-raising, but this is actually a pretty light commitment:
... and it won't even be the 3 years originally reported:
Phil Jackson loves big guards in his Triangle backcourts and now he has one. However -- and this comes as a bit of a surprise -- Wroten's recovery from an ACL injury might mean this is more of a Summer League/training camp signing: