Former team president Phil Jackson signed Noah to a four-year, $72 million contract in 2016, a move that didn't bring the Knicks much of a return on their investment.
Noah underwent knee surgery in February of his first season with the team, and just one month later was hit with a 20-game suspension for violating the league's anti-drug policy.
NY will waive and stretch Noah. As a result, they are adding nearly $13 million in cap space for the summer of 2019.
Don't expect to see Noah on another National Basketball Association roster anytime soon.
Along with the injuries, he also beefed with then-head coach Jeff Hornacek, and was essentially exiled from the team.
In the two seasons since, Noah has played in only 53 games with the Knicks, posting averages of 4.6 points, 7.9 rebounds and 2.0 assists per game. He won Defensive Player of the Year in 2013-14.