Jul 1, 2013, 1:27 PM EDT
The Knicks remain the odds-on favorite to retain their second scoring option and Sixth Man of the Year, J.R. Smith.
But there is a limit to how much they can offer him. The Knicks have Smith’s Early Bird rights (and are over the tax line), so they can only offer a deal for 175 percent of what he made last year (which would be $4.9 million) or they can offer just over the league average salary, which would be $5.4 million. The Knicks are expected to make a multi-year $5.4 million offer soon.
But another team with cap space could come in with a better offer and Smith would be forced to choose. A few teams are considering it, reports the New York Post.
The Knicks believe odds are they will retain J.R. Smith, but it hardly is a guarantee considering the bevy of under-the-cap clubs and a weak free-agent class. The Bucks, Pistons and Suns are contemplating throwing money Smith’s way.
Would Smith take a $6 million to move? How much higher does it have to be for him to walk from the Knicks?
Any offer for Smith likely comes a little ways into free agency, once those teams see how their first options work out.
There was some buzz that the Knicks were considering Monta Ellis, possibly as a replacement if they lose Smith. But the Knicks could only offer him $3.2 million a year as a free agent, which would be great value if they could get him but the more likely outcome is Ellis takes the larger paycheck somewhere else.
Jul 29, 2015, 2:03 PM EDT
Cavaliers star has avoided making a public decision
Jul 29, 2015, 1:04 PM EDT
If Brazil qualifies through FIBA Americas Championship, that could close door for another North/South American team from qualifying
Jul 29, 2015, 12:00 PM EDT
Lakers were in a bad place when Jackson first stepped away
Jul 29, 2015, 11:11 AM EDT
Brooklyn owner praises Adam Silver for filling in
Jul 29, 2015, 10:13 AM EDT
Cavaliers star also addresses his favorites – including place to play, rapper, and teammates
Jul 29, 2015, 9:26 AM EDT
He’ll likely compete with Aaron Harrison to make regular-season roster
Jul 29, 2015, 8:31 AM EDT
Cleveland’s Tristan Thompson and J.R. Smith head the list.
Jul 29, 2015, 8:00 AM EDT
Bounce passes are less effective in baseball.
Jul 29, 2015, 12:05 AM EDT
Cuban said presidential candidate is ‘probably the best thing to happen to politics in a long, long time’
Jul 28, 2015, 11:09 PM EDT
Could former summer-league standout fill Golden State’s need for an off-the-bench shooter?
Jul 28, 2015, 10:11 PM EDT
Hint, hint, hint
Jul 28, 2015, 9:16 PM EDT
Dallas also reportedly talking to Salah Mejri
Jul 28, 2015, 8:19 PM EDT
Thunder power forward was scheduled to play in African exhibition game
Jul 28, 2015, 7:24 PM EDT
Miami cleared roster room for second-round pick
Jul 28, 2015, 6:30 PM EDT
I can tell you where Batum will land next summer — whichever team offers him the most money.
Jul 28, 2015, 5:46 PM EDT
He’ll be back this fall.
Jul 28, 2015, 5:05 PM EDT
The Lakers and Knicks don’t make a ton of sense for him.
Jul 28, 2015, 4:15 PM EDT
He’s been sober four years, which is most important.
Jul 28, 2015, 3:29 PM EDT
With more number retirements in Boston on the way in a few years.
Jul 28, 2015, 2:46 PM EDT
Did Michael Jordan hijack the draft process in Charlotte again?
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