The New York Knicks have added yet another big man on a multi-year with an eight-figure annual salary. According to ESPN's Adrian Wojnarowski, Bobby Portis has agreed to a two-year, $31 million contract with the Knicks in free agency.

Fred Katz of The Athletic subsequently reported that the Washington Wizards will rescind Portis' qualifying offer, making him an unrestricted free agent and forfeiting their matching rights.

Portis marks the third interior player New York has brought in during the opening hours of free agency. The team first agreed to a three-year, $63 million deal with talented lefty Julius Randle, and later added veteran big man Taj Gibson on a two-year, $20 million.

The Knicks' lasting rush to address the frontcourt on day one of free agency comes as a major surprise given the construction of their roster. Sophomores Kevin Knox and Mitchell Robinson are two of the their most promising young players, almost sure to be key pieces of New York's next great team unless they're traded. Knox, a combo forward many believe is best-suited as a small-ball 4, struggled immensely on both ends during his NBA debut, and Robinson's eye-popping play and statistical dominance as a rookie come with the caveat of limited playing time for a lottery team. Still, it goes without saying that stacking the frontcourt with expensive, experienced big men will cut into the minutes of both players, likely mitigating their development.

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New York fans are already stinging after missing out on Kevin Durant and Kyrie Irving, who signed with the cross-town rival Brooklyn Nets. A signing that adds to positional redundancy and clogs up cap sheets long-term will only add to their supreme frustration.

Portis, 24, averaged 14.3 points and 8.6 rebounds in 28 games for the Washington Wizards last season after being traded from the Chicago Bulls. A dangerous three-point shooter, he's an extremely limited defender and often makes questionable decisions offensively.