Knicks Will Re-Sign JR Smith

Free agent JR Smith has agreed to return to the New York Knicks. Coming off a season where he averaged Smith averaged 12.5 points, 3.9 rebounds and 2.4 assists per game for the Knicks.

“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.”

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.

H/N ESPN

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