Tag Archives: JR Smith free agent

New York Knicks’ J.R. Smith to decline player option, source says – ESPN New York

New York Knicks’ J.R. Smith to decline player option, source says – ESPN New York.

JR Smith, Chris Smith, and a package deal for the Knicks

The J.R. Smith/Chris Smith package deal is shaping up.

The Post has learned point guard Chris Smith, J.R. Smith’s brother who injured his knee during Knicks training camp, has fired his agent, Marc Cornstein, and will hire J.R.’s rep, CAA superagent Leon Rose, who also handles Carmelo Anthony.

J.R. Smith is expected to opt out of his contract and re-sign with the Knicks in a four-year deal starting at about $5 million because the Knicks own his early-Bird rights rules.

The Knicks could be outbid for J.R. Smith by an under-the-cap team, though it’s unlikely considering his playoff flop. But having Chris Smith as part of the package has convinced the Sixth Man of the Year he wants to stay. After the Game 6 loss Saturday, the embattled Smith said “I want to retire a Knick.’’ Keep Reading Here

(from the post)


JR Smith Update

Will JR Smith stay or go? The answer should come soon. On Monday, many reporters revealed more info on the situation. Sources are indicating that Smith plans to sign  a 4 year deal with the Knicks and that his brother Chris will also be given a spot as part of the package.


Can the Knicks Keep J.R Smith?


J.R. Smith uses his body to express his electric personality.


          J.R. Smith is having a career year. Is he playing himself out of New York?

By Tommy Rothman

“No, JR. Stop! Don’t take that shot! What are you doi— YES JR! YES!”

If you are a Knicks fan, you probably say this out loud at least four times a game. New York’s sixth man, J.R Smith, is an enigma. He is extremely talented and is one of the league’s best athletes, but he often has trouble harnessing his abilities and providing solid, consistent production. However, J.R changed something about his game after the All-Star break: he started attacking. Instead of settling for jump shots every time down the floor, Smith began using his quickness and ball-handling skills to get to the rim, resulting in easy baskets and trips to the free-throw line. Smith’s stats took a big jump, and he is now the leading candidate for the NBA’s Sixth Man of the Year. Perhaps not so coincidentally, this is Smith’s contract year. Can the Knicks keep their star sixth man? Let’s look at some of the facts to analyze Smith’s future.

UPDATE: JR Smith declined his player option, making him a free agent. This was expected. Continue reading.

Reasons Smith could leave:

  • Smith is an unrestricted free agent. This means that if he signs a deal with another team, the Knicks have no way to prevent him from going to that team.
  • Smith is being paid 2.8 million dollars this season. The other leading candidates for the Sixth Man award, Jamal Crawford and Kevin Martin, are making 5.2 and 11.6 million dollars, respectively. Shooting guards of similar-to-lesser ability, such as JJ Redick and Kyle Korver,  are being paid in the 5-to-7 million dollar range.
  • The Knicks do not have Smith’s full “Bird Rights”, due to the fact that he has only been with the team for two seasons. This means that the amount of money they can give Smith will be partially restricted by the NBA salary cap, which the Knicks have exceeded by a healthy margin.
  • Despite his acceptance of the sixth man role, Smith wishes to start, and this is more likely to happen on another team.

Reasons Smith could stay:

  • Smith has a healthy relationship with the Knicks. Before coming to New York, he had already played alongside fellow former Nuggets Carmelo Anthony, Raymond Felton, and Kenyon Martin. Smith has a very good relationship with Anthony (New York’s best player), and he seems to have a very good connection with Coach Mike Woodson, who is the first coach to be able to tame and control J.R. 
  • The Knicks have Smith’s “Early Bird Rights”, meaning they can offer him a deal for between 2 and 4 years with a starting salary of 175% of his previous salary or the NBA’s average salary (whichever is greater). This deal would give Smith a starting salary of around 5.5 million dollars with small but notable annual raises.
  • He has taken less money to play with Anthony and the Knicks on two occasions in the past. In February of 2012, he declined the Clippers’ offer and instead took a smaller deal from the Knicks. He re-signed with New York in the summer of 2012, again taking a salary below his market value. This time, the pay cut would not be too significant. The most Smith could make from another team is probably somewhere around 8 million dollars, and even that is uncertain, for reasons I am about to explain.
  • As I said before, Smith is an enigma. He lives “the fast life”, going to clubs and parties every night, roaming the streets, and making rash decisions. He has tweeted several unfortunate photos that have gotten him in trouble in the past. He has also been arrested multiple times and has spent a small amount of time in prison.  His behavioral issues are well-documented, and that may give a team unfamiliar with Smith some serious hesitation about making a large financial commitment to the shooting guard.
  • Smith is also very unpredictable on the court, meaning teams may view his recent hot stretch as unsustainable. This would scare potential suitors off, making it easier for New York to keep him.
  • The Knicks have less to lose by committing to Smith than most other teams do. The Knicks will be over the salary cap for the next few years regardless of what happens with Smith, so it would be advantageous for them to sign him using money that the NBA Salary Cap prohibits them from spending on other teams’ players.
  • There is mutual love between Smith and the Knicks fans. Smith has grown comfortable in New York, and he may not be too eager to leave.
  • Smith has a chance to win in New York. Many of the teams that might offer Smith more money only have money because their team is currently devoid of expensive (read: good) players. If Miami had cap space for Smith, it would be another story. But Smith leaving to play for the lowly Phoenix Suns might not be so likely.
  • Smith has promised to get a Knicks tattoo if New York wins the championship. In my mind, this means that Smith will give zero consideration to leaving if he is popping champagne in late June. This may seem like a silly point to make, but let me ask you this: would you get a team’s logo permanently branded onto your body if you planned on leaving that team 25 days later? I didn’t think so. But expecting the Knicks to win the championship this year would be unfair, so for once, let’s leave JR’s tattoos out of the discussion. UPDATE: The Knicks did NOT win the championship


So there you have it. I think Smith will stay, because I believe the reasons for him doing so (outlined above) outweigh the reasons he might leave. Smith turned down the chance to follow the money last year, and his relationships with the Knicks and their fans have grown stronger since then. I don’t think his improvement as a basketball player will change the outcome this time around.

UPDATE: JR Smith had a horrible playoffs in which he played with an injured knee and was almost useless after the first 3 games of round 1. He also reportedly was clubbing every night during the playoffs and running around with Rihanna, underscoring the inconsistency and irresponsibility discussed in this article. Smith hurt his stock in the playoffs, making it more likely the Knicks can keep him… if they want to (which they should).




Will Smith stay or will he go? Let us know in the comments!