November 9th 2004: Knicks waive Shandon Anderson
Then-Knicks GM Isiah Thomas continued his purge of the Scott Layden era by waiving Shandon Anderson. Like similar players in recent memory (hint: Joakim Noah), Anderson refused to take a significant paycut in the buyout and effectively received around $20 million of the $24 million remaining on his contract.
Anderson was one of many questionable questions by Scott Layden during the infamous summer of 2001. After averaging a paltry 8.7 points a game in 29 minutes, Layden felt necessary to offer Anderson a 6 year, $42 million contract and acquired him in a sign-and trade deal that shipped Glen Rice to the Houston Rockets while also absorbing Howard Eisley’s contract (2nd season of a 7 year $41 million contract). The baffling part of the contract was that it came right after Layden gave Allan Houston an extension worth $100 million.
While Anderson missed only 2 games in his 3+ seasons with the Knicks, his impact on the team did not match the contract he received. The signing resembled an era of players who lacked athleticism and excitement for a barely mediocre Knicks roster.
Perhaps his best memory as a Knick was the dunk highlighted in the video above.