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J.R. Smith agrees to re-sign with Knicks for two-year deal

Jul 10, 2012, 2:06 AM EST

Knicks' Smith shoots during their win over the Heat in Game 4 of their NBA Eastern Conference basketball playoff series in New York Reuters

That’s it. I’m calling it. Creative Artists Agency is run by aliens.

That’s the only conclusion I have as the behemoth representation agency that counts among its clients LeBron James, Dwyane Wade, Chris Bosh, and several members of both the Knicks’ roster and management office has announced that J.R. Smith will return to the Knicks, on a two-year deal, worth less than $6 million.

Yeah.

From ESPN New York:

The veteran shooting guard will sign a two-year contract worth $2.8 million, two league sources told ESPNNewYork.com. The deal is guaranteed for the first season and contains a player option for the second season.

“I have decided to re-sign with the Knicks. I just felt that, despite my other options, New York is the best situation for me,” Smith said in a statement released to ESPNNewYork.com. “Coach (Mike) Woodson showed a lot of faith and trust in me last season, as did (Knicks owner) Mr. (James) Dolan and the organization.

“My teammates are great to play with and New York fans are the best. I can’t wait to get started.”

via J.R. Smith will re-sign with New York Knicks – ESPN New York.

This is a spectacular bargain for Smith, who is a veteran shot-maker who can light up the scoreboard. Getting him at this price, even with his temperament and shooting conscience, is downright spectacular. He’s a phenomenal reserve and a quality starter. He even showed decent defensive skills last season for one of the best defenses in the league in New York. He can be an elite scorer, if only or stretches.

And he’s coming back to New York on a sweetheart deal.

The Knicks will retain all the primary members of last year’s team, add Jason Kidd and Marcus Camby, and make another run with hopefully a healthy Jeremy Lin and Amar’e Stoudemire. The Knicks may have made no substantial steps forward, but they’ve also managed the war of attrition and found an opportunity to maintain their success.

Either way, seriously, aliens.

  1. thenoblefacehumper - Jul 10, 2012 at 2:10 AM

    I’m pumped. We’ve retained all our good players and replaced the terrible ones. I think the division is ours unless the Nets do indeed get Dwight.

  2. fugubeach - Jul 10, 2012 at 2:31 AM

    Matt Moore? I thought he was quarterback though lol

  3. doctorfootball - Jul 10, 2012 at 2:50 AM

    Matt Moore also pitches for the Tampa bay Rays

  4. cacsemo - Jul 10, 2012 at 3:00 AM

    thats nice..still arent winning anything

    • truthhurtstoo - Jul 10, 2012 at 7:45 AM

      He will need a lot of faith with this franchise…

  5. rickyspanish - Jul 10, 2012 at 3:13 AM

    The Knicks are a strange team including the front office. If Howard ends up in Brooklyn, the Knicks will be the second best team in New York.

    • knightrider1755 - Jul 10, 2012 at 6:35 AM

      Hard to fathom how Knicks fans believe the only reason they loss to the Heat was because they didn’t have a point guard and Shumpert. The Knicks don’t stand a chance against the Heat with that same lineup from last season with a 40 year-old Jason Kidd. Goes to prove that when a franchise loses for so long, it eventually impacts the minds of its fans. smh

      • truthhurtstoo - Jul 10, 2012 at 7:46 AM

        They are delusional…. just look at the nj jet fans. lol.

      • jetstizzi85 - Jul 10, 2012 at 9:53 AM

        Did the Mavs not beat the Heat the year prior with the same Jason Kidd you refer to? I believe they had Tyson as well. On paper the J

      • jetstizzi85 - Jul 10, 2012 at 9:54 AM

        Continued…..On paper the Heat are a great team but by no means are they not beatable.

      • miamatt - Jul 10, 2012 at 12:06 PM

        I agree, jetstizzi85, no team is unbeatable. But, barring unforeseen injuries, the Heat are unbeatable to the Knicks in a seven game series.

        The Heat team you refer to from two years ago is not the same Heat team that exists today- they’ve gotten better. The Jason Kidd you refer to from two years has gotten worse. See the difference?

      • makjak2 - Jul 11, 2012 at 9:34 AM

        of course it’s not the only reason they lost, the heat are simply alot better. but you’re stupid if you’re just gonna ignore all the injuries.

  6. londonaiooo - Jul 10, 2012 at 4:23 AM

    Classic Knicks team, lots of big and recognisable names, that fit together poorly. They might be able to celebrate two playoff wins this year though, maybe.

  7. clippernation365 - Jul 10, 2012 at 4:25 AM

    JR Smith was cheaper than my ex!

  8. Mr. Wright 212 - Jul 10, 2012 at 5:32 AM

    No substantial moves forward. Typical.

    • jetstizzi85 - Jul 10, 2012 at 9:56 AM

      Really? Signing a veteran PG who can teach Lin a few things as well as run the point well….Camby a very good and capable backup Center who can rebound and play great D….seems to me like moves forward especially considering the little money the Knicks had to work with

  9. knightrider1755 - Jul 10, 2012 at 6:15 AM

    “I just felt that, despite my other options”? What options? Who is he kidding? The Knicks were his ONLY option!

  10. cantonbound13 - Jul 10, 2012 at 6:24 AM

    $19 million for Landry Fields- LOL!!!

    • 1972wasalongtimeago - Jul 10, 2012 at 8:40 AM

      Hey, 1973wasatlongtimeago. PBT wouldn’t let me respond to you on the Camby story. I think there’s a 3 post max or something.

      I didn’t say the Heat SHOULD trade Anthony and a 1st for Camby. That’s just what the Rockets would want if they were going to take over Anthony’s contract. And I was probably right. Would you take Joel Anthony and a 2nd for Camby?

      • cantonbound13 - Jul 10, 2012 at 8:59 AM

        Joel is garbage, much like your comments.

  11. sigshane - Jul 10, 2012 at 6:35 AM

    LOL indeed

  12. aldavis4president - Jul 10, 2012 at 8:31 AM

    If you think Jr Smith didn’t get any other offers you don’t watch basketball…And the Knicks are a amare for a PG trade away Frm being forreal..I’m not even a Knicks fan either…and heat fans better enjoy that ring the refs gave Yall cuz u ain’t winning many more!!

    • knightrider1755 - Jul 10, 2012 at 10:01 AM

      You’re a Knick fan in denial.

    • jolink653 - Jul 10, 2012 at 10:39 AM

      i don’t think there’s any team in the league that would take amare off our hands because of his enormous contract and health issues (but then again the nets did just willingly pick up the worst contract in history)…if lin duplicates his success from last season and cuts down on the turnovers i think the knicks will be in the conversation for one of the top teams in the east

      • knightrider1755 - Jul 10, 2012 at 5:20 PM

        No. Amare’s uninsured contract is the worst contract in history. If he gets hurt tomorrow and can never play again, the Knicks will owe him $60 million dollars.

      • jolink653 - Jul 10, 2012 at 11:26 PM

        amare’s getting less per year than what joe johnson is getting and at the time of the deal he was more deserving of a max contract than johnson was…but i agree the uninsured part is awful and the only reason they allowed it was because dolan was so desperate to bring in a star…the problem with amare was his knees and those have held up pretty well so far

    • knightrider1755 - Jul 10, 2012 at 5:21 PM

      Name one offer JR received and for how much.

  13. fnc111 - Jul 10, 2012 at 10:02 AM

    Bad move considering he is broke. 6 mil in NYC after all is said and done is like 1 million dollars. Play in a city like Phoenix or Memphis and your take home cut is closer to 2.5 million. The last place you want to be when you are broke is New York City.

  14. dysraw1 - Jul 10, 2012 at 10:12 AM

    i watched JR. get overwhelmed by D.Wade & the Heat in the playoff last year it was crazy how he disappeared in that series he had a lot of bright spots during the regular season. and he and shump created a nice defensive backcourt it seemed as if when shump went down he just wasn’t the same

  15. dysraw1 - Jul 10, 2012 at 10:31 AM

    with L. Fields headed up north we still need to land an impact two guard that’s the last piece needed

  16. floridascuba1 - Jul 10, 2012 at 10:59 AM

    They need to trade Melo. And keep amare. Knicks played better and started winning good stretches when Melo was out. Same with Denver after they traded him.

    • badintent - Jul 11, 2012 at 1:20 AM

      @florida1 you got that right. Melo is Kobe2.69 , Ballhog ,Send him back to Denver on the next plane with his real agent, Isiah.. What a loser. Hope J.R. paid his fines, if the Chinese come looking for him and $$, there are a lot of Asian gangs in Chinatown..

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