Tyler's contract calls for a guarantee to kick in at some point in mid-September unless he is waived beforehand. A source informs TheKnicksBlog.com and SNY.tv that New York would have in fact waived Tyler themselves when the time came if he hadn't been dealt to Sacramento instead.
Tyler represented plenty of the the things the Knicks desire in a promising big man: he has youth, steady defensive instincts, and even a decent enough mid-range jump shot for a player his size. He impressed in NBA Summer League last year and eventually earned a roster spot. While he wasn't able to find minutes in Coach Mike Woodson's rotation, a second straight positive showing in Las Vegas this past July suggested he could still make solid contributions if given the chance.
Despite such potential, fans shouldn't expect Tyler back in a Knicks uniform any time soon should he in fact be waived by Sacramento. As per the NBA's CBA, players previously traded away in a deal cannot be subsequently re-signed until a year following the initial trade.