Spurs Pull Offer to Waffling Marcus Morris and Sign Trey Lyles Instead While Knicks Swoop in

Boston Celtics v Indiana Pacers - Game Four
Boston Celtics v Indiana Pacers - Game Four / Andy Lyons/Getty Images

Over a week ago, it looked like the San Antonio Spurs secured Marcus Morris to a two-year contract.

However, things changed after their verbal agreement, as Morris reneged on the deal, opting to sign a one-year, $15 million contract with the New York Knicks after Reggie Bullock's questionable medicals opened up some more money there.

After the Knicks essentially spent all of their cap space in the first 20 hours of free agency, the team found some extra money. The team and Bullock restructured their deal, allowing them to find room to squeeze in Morris. Bullock can earn up to $4.8 million.

Based off the Knicks depth chart, Morris will split minutes with New York's lucrative free agent in Julius Randle at the power forward position, with plenty of other PF energy behind both of them.

Morris, who last season with the Boston Celtics recorded 13.9 points, 6.1 rebounds, and 1.5 assists per game, will bring a veteran presence to the young Knicks squad.

Now, with Morris out of the picture, the Spurs have signed former Denver Nuggets power forward Trey Lyles to a two-year deal.

Lyles was originally a restricted free agent with Denver, who signed him to a qualifying offer. However, after acquiring Jerami Grant from the Oklahoma City Thunder, the Nuggets rescinded their offer to Lyles, making him an unrestricted free agent.

With Denver having an embarrassment of riches at the forward position, Lyles has a better opportunity to earn quality minutes with the Spurs. Last season, Lyles averaged 8.5 points, 3.8 rebounds, and 1.4 assists in 17.5 minutes.