Jul 17, 2013, 12:03 AM EDT
When word surfaced that J.R. Smith underwent knee surgery that would keep him out of action for the next three-four months, Knicks fans weren’t all that happy to hear that a player their favorite team just signed to a four-year contract was one that had been experiencing chronic knee issues.
While there isn’t anything different to report on the injury front where Smith is concerned, there is some positive news that’s come out in terms of the deal he just signed — as it turns out, it wasn’t quite as large as was widely reported originally.
Smith’s deal covers a maximum of three years, with a total value of $17.95 million, not the four years and $24.5 million that was widely reported, including in The New York Times, last week.
The precise terms were confirmed Tuesday by a rival team executive and a second person with access to the contract. Despite the intense scrutiny of the deal, Knicks General Manager Glen Grunwald made no attempt to correct the erroneous reports during a 16-minute conference call with reporters Tuesday.
The contract calls for Smith to make $5.57 million next season and $5.98 million in 2014-15, with a third-year player option at $6.4 million.
An update came later that said Smith originally did agree to a four-year deal, but later opted for three years to become a free agent again sooner.
That’s a pretty big difference, though — not only in terms of the total value of the deal, but also in the lack of a fourth year the team would potentially be on the hook for down the line.
As mentioned in the Times story, it speaks to the famously (and unnecessarily) secretive Knicks organization that it took this long for these details to be revealed. But either way, if Smith’s knees are indeed something to be concerned about in the future, having him under contract for three years instead of four is definitely advantageous for the New York franchise.
Apr 18, 2015, 3:37 PM EDT
Pierce backed up his talk with plenty of action.
Apr 18, 2015, 2:00 PM EDT
They’re still expected to play around 32 minutes each.
Apr 18, 2015, 1:18 PM EDT
Ujiri cusses at a playoff pep rally for the second straight year.
Q&A: Corey Brewer on trade from Timberwolves, his 51-point game, Harden’s MVP case, Rockets vs. Mavericks
Apr 18, 2015, 12:30 PM EDT
Brewer has been a key member of the rotation for the two-seeded Rockets.
Apr 18, 2015, 11:00 AM EDT
Every playoff series is predicted.
Apr 18, 2015, 9:30 AM EDT
How do you feel about a lot of hack-a-Jordan for six or seven games?
Apr 18, 2015, 8:00 AM EDT
With most 2014 conference-finalists eliminated, Warriors are clear favorite
Apr 18, 2015, 12:30 AM EDT
Their rivalry goes back until the Dwight Howard free agent recruitment. If not earlier.
Apr 17, 2015, 11:30 PM EDT
The winner in 7 games will be …
Apr 17, 2015, 10:30 PM EDT
Cuban also says of Houston: “that’s not a very good team over there.”
Apr 17, 2015, 9:30 PM EDT
Can Brooklyn win a game?
Sounds like Pacers president Larry Bird, head coach Frank Vogel don’t want Roy Hibbert back next year
Apr 17, 2015, 8:30 PM EDT
Hibbert has a player option for $15.5 million next season.
Apr 17, 2015, 7:30 PM EDT
Three PBT writers pick the Warrior to beat the Cavaliers in the Finals.
Apr 17, 2015, 6:45 PM EDT
Wesley Matthews. Arron Afflalo. Nicolas Batum. C.J. McCollum. Chris Kaman. Mike Conley. Tony Allen. All injured.
Apr 17, 2015, 6:00 PM EDT
Projection: 2016-17: $89 million; 2017-18: $108 million.
Apr 17, 2015, 5:15 PM EDT
I just think Doc Rivers the GM has tied the hands of Doc Rivers the coach too much — the Spurs versatility and depth gives Gregg Popovich more options.
Apr 17, 2015, 4:38 PM EDT
He is expected to make a full recovery.
Apr 17, 2015, 3:59 PM EDT
It’s great to see Anthony Davis on the playoff stage for the first time. Even if it doesn’t last long.
Apr 17, 2015, 3:15 PM EDT
Jazz, Bulls, Spurs, Celtics lose
Apr 17, 2015, 2:33 PM EDT
Cavaliers in 5
- Paul Pierce leads Wizards to overtime Game 1 win over Raptors 2
- Q&A: Corey Brewer on trade from Timberwolves, his 51-point game, Harden’s MVP case, Rockets vs. Mavericks 0
- PBT First Round Playoff Previews: Los Angeles Clippers vs. San Antonio Spurs 8
- Why the 2015 NBA playoffs feel wide open – but probably shouldn’t 4
- PBT Extra: Houston, Dallas simply do not like each other 3
- Sounds like Pacers president Larry Bird, head coach Frank Vogel don’t want Roy Hibbert back next year 24
- PBT staff playoff predictions: Lots of Golden State love from us 1
- PBT Extra: Injuries make Grizzlies, Trail Blazers series hard to predict 4