Jul 17, 2013, 12:03 AM EST
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.
Jan 31, 2015, 2:00 PM EST
Green being unexpectedly held out led some to speculate that he might be dealt.
Jan 31, 2015, 12:30 PM EST
They’re not winning, but they still produce some highlight plays.
Jan 31, 2015, 11:00 AM EST
The tenth in Bryant’s signature line returns to a low-top silhouette, and the first colorway is inspired by Kobe’s early morning high dive as he recovered from ACL surgery.
Jan 31, 2015, 9:30 AM EST
Denver’s offer of J.J. Hickson and JaVale McGee isn’t enough for Brooklyn to pull the trigger — especially with Lopez coming off of a 35-point, 12-rebound performance against the Raptors.
Jan 31, 2015, 8:00 AM EST
Those two together at this stage of their careers are a poor fit together.
Jan 31, 2015, 12:36 AM EST
Balance and defense win the day.
Jan 31, 2015, 12:01 AM EST
180 or 360?
Jan 30, 2015, 10:59 PM EST
It took Kobe Bryant being injured for Cousins to make the squad.
Jan 30, 2015, 9:49 PM EST
If it can happen to Duncan….
Jan 30, 2015, 8:45 PM EST
Robin Lopez has a long rap sheet of mascot abuse.
Jan 30, 2015, 7:51 PM EST
Jeff Green could get more run.
Jan 30, 2015, 6:56 PM EST
This is not a serious injury, but they will miss him defending Blake Griffin.
Jan 30, 2015, 5:59 PM EST
All of those teams could use point guard depth.
Jan 30, 2015, 5:16 PM EST
Thank the new television contract.
Jan 30, 2015, 4:29 PM EST
“So if you see me diving on the floor and people say ‘what is he doing?’ I can’t help but be the player that I am.” —Jimmy Butler on playing in the All-Star Game
Jan 30, 2015, 3:29 PM EST
He should be. He was robbed.
Jan 30, 2015, 2:51 PM EST
I’ll take Stephen Curry
Jan 30, 2015, 2:09 PM EST
NBA Commissioner has delivered on All-Star Break. Back-to-backs next?
Jan 30, 2015, 1:34 PM EST
Who wil start for Kobe?
Jan 30, 2015, 12:49 PM EST
Will center stick with Mavericks this time?
- Nike unveils latest signature shoe for Kobe Bryant, the Kobe X (PHOTOS) 5
- Report: Nuggets trying to trade for Brook Lopez 10
- Last summer Carmelo Anthony, Kobe Bryant talked, decided it wouldn’t work together 23
- Jimmy Butler even plans to play defense in the All-Star Game 8
- Damian Lillard “disappointed,” “disrespected” not to make All-Star team 44
- DeMarcus Cousins replaces Kobe Bryant in All-Star game 11
- Tyson Chandler, better than ever, thinking legacy 10
- Report: Magic close to firing Jacque Vaughn 17