4:53pm: The Mavericks have believed for the last couple weeks that Brunson is headed to the Knicks, according to Tim Cato of The Athletic, who tweets that it’s viewed as a virtual “certainty” at this point.

4:01pm: It’s “widely anticipated” that free agent point guard Jalen Brunson will land with the Knicks in free agency on a four-year deal worth more than $100MM, reports Tim MacMahon of ESPN (Twitter link).

Marc Stein has heard similar rumblings, tweeting that there’s a “growing resignation” from the Mavericks‘ end that New York is Brunson’s first choice and his inevitable destination.

The Knicks project to have about $17MM in cap room if they waive Taj Gibson and his non-guaranteed salary, so they’d need to make at least one move to create the flexibility necessary to offer $25MM+ per year to Brunson. However, they could realistically get there by trading either Alec Burks or Nerlens Noel — both players have been involved in recent trade rumors, with Ian Begley of SNY.tv suggesting the Nets and Raptors are among the teams to register some interest in Noel.