NomarFachix Posted June 25, 2012 Report Share Posted June 25, 2012 (edited) J.R. OPTS OUT, BUT WILL STAY IN J.R. Smith will not pick up the second year of his deal, the New York Times reported on Monday, and will become a free agent on July 1. Smith signed for the pro rated (and shortened season-adjusted) mini-Mid Level Exception in March. He was scheduled to earn $2,443,952 next season. Don't be surprised by this decision, but don't take that to mean he won't be a Knick next season. Smith could still remain a Knick by re-signing for 120 percent of his previous salary, which would give him a bump to $2,806,452. That is $362,500 more in his pocket than if he picked up his second year option. Right now, that $2.8 million number will serve as his cap hold until he re-signs (or signs with another team). J.R. has enjoyed being close to his family in New Jersey and regularly said he'd like to stay with the Knicks. What he had to do is make a business decision and it appeared to be a simple one to make. Howard Beck @HowardBeckNYT JR Smith will decline Knicks option but intends to re-sign for longer term w/NY, source says. Story posting soon. Howard Beck @HowardBeckNYT Lots of questions re Smith. He qualifies as non-Bird, which means he can get 20% raise and multiyear. Won't need MLE. Edited June 25, 2012 by iMan Quote Link to comment Share on other sites More sharing options...
JYD Posted June 26, 2012 Report Share Posted June 26, 2012 That's fine. As long as we get him back I'll be happy. If we return with Lin, Novak, and Smith...I think that's our best option. Nash would be nice, same with Ray Allen, but both are extremely unrealistic IMO. Quote Link to comment Share on other sites More sharing options...
Independance Posted June 27, 2012 Report Share Posted June 27, 2012 JR is a fun guy to have on our squad. It's a bit tiring however, due to his... energetic personality. Still, very talented and young player who'll hopefully be wearing a Knickerbocker jersey next season. Quote Link to comment Share on other sites More sharing options...
JYD Posted June 27, 2012 Report Share Posted June 27, 2012 JR is a fun guy to have on our squad. It's a bit tiring however, due to his... energetic personality. Still, very talented and young player who'll hopefully be wearing a Knickerbocker jersey next season.He's not that bad...he gets a bad wrap for the most part as far as his personality, attitude, etc. I've never heard of any teammate complaining about him and he played hard every game last season for us. Quote Link to comment Share on other sites More sharing options...
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