According to Jenny Vrentas:
Jets sign LB Tim Knicky (Stephen F. Austin). Kevin Basped was waived yesterday.
I know a few people here, including myself were quite excited by the potential of Kevin Basped. Obviously the team saw something it didn't like. I don't know a great deal about Knicky. A walk on at Stephen F. Austin, he was an AP All-America selection
6'4, 252lb's and ran a 4.65 at his pro day. A DE at Stephen F. Austin, projected to an NFL linebacker. An UDFA this year, signed by the Packers before being released. Had a try-out with the Jets yesterday.
Not much information on him, but did find this highlight video: