New York Knicks and former No. 2 overall pick Michael Beasley are nearing agreement on a one-year deal, a league source told @BBallInsiders.
— Michael Scotto (@MikeAScotto) August 8, 2017
Beasley reportedly turned down a one-year deal worth over $3 million with the Shandong Golden Stars of the Chinese Basketball Association to sign with New York.
Shandong offered over $3M to re-sign Michael Beasley, but he wanted the Knicks. His NBA net income is less than he'd make in China.
— David Pick (@IAmDPick) August 8, 2017
Per ESPN, the deal will reportedly be completed on Tuesday.
2017 NBA Free Agent Tracker