Joakim Noah Announces Decision to Sign with New York Knicks

Joakim Noah found a new home quickly in free agency, revealing on Instagram he will sign with the New York Knicks:

On Thursday, it was reported Noah and the Knicks were discussing a contract that is expected to be worth around $70 million over four years, according to Shams Charania of The Vertical.

On Wednesday, Tim Bontemps of the Washington Post reported Noah is expected to sign a contract with the Knicks worth around $18 million per year.

Marc Stein of ESPN reported multiple teams indicated the New York Knicks are "a big favorite to land [Noah] in free agency."

Noah "loves his hometown [New York] dearly & dreams of playing for [the Knicks]," per Marc J. Spears of The Undefeated on Wednesday 

After New York announced it had traded for point guard Derrick Rose on June 22, Ian Begley of ESPN.com reported that "some in the Knicks organization want to make a run at [Noah]."

While his production has dipped each of the past two seasons after he ran roughshod over the NBA to the tune of 12.6 points, 11.3 rebounds and 5.4 assists per game en route to capturing 2013-14 Defensive Player of the Year honors, he's still plenty versatile at 31 years old.

Not only can Noah defend power forwards and centers, but he has the court vision necessary to operate as one of New York's supplementary ball-handlers at the free-throw line. That was abundantly clear when he averaged a career-best 6.2 dimes per 36 minutes this year before hitting the shelf.