Oubre set career highs last season averaging 18.7 points, 6.4 rebounds, 1.5 assists and 1.3 steals per game.
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Gordon Hayward will reportedly become an unrestricted free agent when free agency begins on Friday.
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The Knicks waived a number of veterans on Thursday as they look to continue rebuilding their roster.
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Thompson was looking to return this season after missing all of last year with an ACL injury.
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Thompson was looking to return this season after missing all of last year with an ACL injury.
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