J.R. Smith Re-Signs With The Knicks

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(CelebNMusic247-NewsJ.R. Smith Announces He’s Re-Signed With The Knicks

Yesterday, (July 4)  J.R. Smith took to Instagram to announce the news that he wants to retire as a NY Knick at the end of the season. He hashtagged #HOLDUPWAITAMINYATHOUGHTIWASFINISHED

The Sixth Man of the Year award winner declared himself a free agent, but it looks like after entertaining a few teams, he might re-sign with the Knicks.

Here’s the drop, according to the Daily News via [Freddy-O]:

According to a Knicks source, the deal could be completed by Thursday. Smith is expected to receive the “Average Player Salary Exception” which could amount to $24 million over four seasons. The expected signing assures the Knicks of having their top five players under contract next season — Smith, Carmelo Anthony, Iman Shumpert, Raymond Felton and Tyson Chandler. Also, according to a basketball site in Argentina, the Knicks have offered Pablo Prigioni a two-year contract extension.

After Smith, who will turn 28 in September, averaged a career-best 18.1 points last season in 80 games, all as a reserve, the Knicks’ focus this summer was re-signing him. For months, Smith had said his desire was to return to the Knicks. He also had two influential power brokers in his corner: Garden Chairman James Dolan and Anthony, who was also Smith’s teammate with the Denver Nuggets.