J.R. Smith said that he wants to stay with the New York Knicks, and the two parties have now agreed upon a deal, according to Smith’s agent Leon Rose. It was reported Wednesday evening that the Knicks and Smith were working to finalize a deal, and the Sixth Man of the Year will stay in NY.
Breaking: The Knicks and J.R. Smith agree to a new deal, Smith's agent, Leon Rose, tells the Daily News.
— Frank Isola (@FisolaNYDN) July 4, 2013
Many thought that after the best season of his career, Smith would capitalize on his market value and look for more money elsewhere. While the details of the contract have not yet been disclosed, the Knicks are limited in the money they can offer to free agents.
J.R. was a huge part of New York’s success last year, and was a consistent scoring threat off the bench. However, in the playoffs things took a turn for the worse. After being ejected against the Boston Celtics, Smith simply couldn’t find his groove and went ice-cold. He was then widely criticized for allegedly partying on days before a game.
Smith’s deal will be a 4-year contract worth $24.7 million
Source saying J.R deal is completed with Smith accepting terms on 4-year, 24.7 M deal.
— Marc Berman (@NYPost_Berman) July 4, 2013