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Report: Knicks nearing deal to re-sign J.R. Smith

Jul 3, 2013, 8:26 PM EDT

New York Knicks' Smith celebrates scoring past Washington Wizards during their NBA basketball game in Manhattan Reuters

This was ultimately the deal both sides wanted, and now they care close to making it happen.

The Knicks are near a deal to re-sign J.R. Smith to a multi-year contract, tweets Adrian Wojnarowski of Yahoo Sports. The two sides are finalizing the number of years (likely three, it can’t be more than four under the CBA rules) and the options, Woj reports.

The money here is the easy part. The Knicks have Smith’s Early Bird rights which means they are limited in what they can offer him (175 percent of his old salary or 104 percent of the league average salary). In this case, the league average of about $5.4 million will be the higher offer.

As for years, the max is four but the Knicks likely want to go shorter than that, and Smith will have some options in there.

Smith, 27, was the Sixth Man of the Year last season and was the second leading scorer on the Knicks. He averaged 18.2 points a game and shot 42.2 percent overall 35.6 percent from three. While statistics say there is no such thing as the hot hand shooter, Smith feels like the exception to the rule. He is the king of taking and making bad, contested jump shots, and on the nights they fall there is not much you can do. On the nights they aren’t falling, he is still shooting.

The Knicks needed Smith back because they had no way to really replace his scoring or energy off the bench. The money is fair a bit of a bargain for what he brings to the table.

  1. jamieaadams - Jul 3, 2013 at 8:31 PM

    “Awesome signing!” said the rest of the Eastern Conference.

  2. hartdaddy - Jul 3, 2013 at 8:35 PM

    5.4 a year is a damn good bargain for a gaurd who scores 18 points, grabs 5 boards, with 3 assist & 1 steal per game. He does more than score now.

  3. dirtydavis - Jul 3, 2013 at 8:37 PM

    What a waste!!! This clown is a poor man Kobe AT BEST

    • eboneseagles - Jul 3, 2013 at 8:54 PM

      What a waste! Kobe is a poor mans MJ… Jk

      It’s a great signing, knicks have no cap space for other players.

  4. lolnfl - Jul 3, 2013 at 8:47 PM

    they got the pipe

  5. bball1950 - Jul 3, 2013 at 8:51 PM

    Smith is a head case with great talent. Woodson treated him like a son. Woodson let him shoot whenever he got the ball. Smith let his coach down. Knicks should let him go.

    • eboneseagles - Jul 3, 2013 at 8:54 PM

      And replace his 18ppg with what/who exactly?

      • sportsfan18 - Jul 4, 2013 at 1:12 AM

        Points are like calories. Not all points are good points just like not all calories are good calories. It’s HOW he gets his points that matter more than just that he gets 18 points a game.

        Melo is a volume scorer. Smith is the same, a volume scorer.

        There are only so many possessions and shot attempts teams get in an NBA game. So if someone can get 18 points a game with fewer shots due to being a better shooter, it’s important because it leaves more shot attempts for that same player and the rest of his team to shoot and score more.

        Most teams get around 81 to 81 field goal attempts per season. The Knicks averaged about 81.6 shots a game last season.

        Melo averaged 22.22 shots a game. Smith averaged over 15 shots a game.

        2 pt percentage, 3 pt percentage and free throws are used to determine one’s true shooting percentage.

        Melo is currently ranked 199th all time in the NBA in true shooting percentage. Smith is currently ranked 235th in all time true shooting percentage.

        The Knicks are not going to get rid of Melo so they shouldn’t keep another poor shooter to combine with him.

        These two players took a bit over 45% of the field goal attempts for the entire Knicks team last year.

        The Knicks were the 18th best shooting team last season.

        The Heat had the highest team shooting percentage last season.

        The Spurs and the Thunder were tied for the 2nd best team shooting percentage last season.

        These were the 3 best teams in the league not surprisingly.

        The Knicks, by bringing him back and continuing to pair him with Melo aren’t doing much to better their shooting percentage.

        Due to there being only 48 min’s a game and a shot clock, they will only get so many shot attempts and these two took almost half (45 plus percent) of their shots and each of their true shooting percentages isn’t that good.

        Others true shooting percentages for comparison.

        Nash 13th all time (he had 4 seasons of 50/90/40 shooting and just missed another one last year as he shot .497% from the field, .922% from the line and .438% from 3 pt range).

        Dwight Howard is 17th currently all time in true shooting percentage (includes his free throws too)

        A’mare Stoudemire is 19th

        Kevin Martin is 20th

        Kevin Durant is 25th

        Manu Ginobili is 30th

        Ray Allen is 48th

        LeBron James is 58th

        Chris Paul is 59th

        Pau Gasol is 61st

        Chris Bosh is 70th

        Michael Jordan is 73rd

        Paul Pierce is 74th

        Dwayne Wade is 79th

        Larry Bird is 90th

        Kobe Bryant is 130th

        Carmelo Anthony is 199th

        J.R. Smith is 235th

        I’m not a Knicks fan and I’m glad it looks like the Knicks will resign him…

  6. eboneseagles - Jul 3, 2013 at 8:56 PM

    If we retain him, cope, prig and some of these other rumors (Barnes,Brand,Lil Nate etc) come to fruition, the knicks are better than last year and that’s a plus.

  7. jacksonkane - Jul 3, 2013 at 9:25 PM

    I am not sure I understand the hate. Let’s be clear about something – the Knicks were a terrible team offensively last year. Terrible. Look at their roster and tell me that JR wasn’t a key reason for the regular season record. Did he suck in the playoffs? Yes – but again – their offense overall is terrible. He was forced to jack up a lot of bad shots.

    • eboneseagles - Jul 3, 2013 at 9:28 PM

      Lol pretty sure they had a top 5 offense unless you’re talking about plays and ball movement which I tend to agree with. They need more ball movement to prevent the iso fest.

      • sportsfan18 - Jul 4, 2013 at 1:21 AM

        The Knicks were the 11th highest scoring team in the NBA last season.

        The Thunder, Spurs and Heat were the 3rd, 4th and 5th highest scoring teams in the league this past year.

        The Knicks had the 18th best shooting percentage as a team last year.

        The Heat had the best team shooting percentage last year in the league and the Spurs and the Thunder were both tied for the 2nd best team shooting percentage last year.

  8. doclolly - Jul 3, 2013 at 11:58 PM

    I’m Glad JR is better then going after Monte Ellis

  9. rohlo - Jul 4, 2013 at 12:42 AM

    lmao…. players like jr smith are what is holding them back..this guy is horrible for the knicks…then again the knicks have been overpaying and signing players thye shouldnt for the last 10+ years!!! why would it change now? many better options out there than jr smith.. im sure nets,heat,bulls,and indiana pacers send their thanks!! signing jr smith is about as smart as the spurs paying tiago splitter and manu gonobili or should i say manu “turnobili”..those two guys were the main reason they lost the finals and they resigned them….!!

  10. mrmet21 - Jul 4, 2013 at 1:14 AM

    I’m not sure bout this one. One nite he looks like a steal at 5.8mil a srason other nites its like dude wjat the heck were u thinkin out there

  11. bellerophon30 - Jul 4, 2013 at 8:14 AM

    For the kind of money they’re paying him, JR is worth it. I’d rather pay him that than double for Tyreke Evans that’s for sure.

  12. bball1950 - Jul 4, 2013 at 9:10 AM

    Smith averaged over 15 shots per game. Most of them were forced one on one/isolation shots, resulting in misses. During the later part of the season, Smith was taking the ball to the hoop, drawing fouls and finishing. When he takes the ball to the hoop, he his a force to contend with. He at times just stops going to the hoop for some reason.

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