The contract J.R. Smith is expected to sign with the New York Knicks is reportedly worth $4.3 million over two seasons, with a second-year player option of $2.5 million, according to a report from Yahoo's Adrian Wojnarowski.
Smith, the former Denver Nugget who signed in China during the lockout, tweeted earlier Friday that he had settled on joining the Knicks after listening to overtures from a number of other clubs, likely including the Los Angeles Lakers, Los Angeles Clippers, Orlando Magic, Chicago Bulls, and Indiana Pacers.
Playing in New York is always attractive and Smith is very familiar with Carmelo Anthony after being teammates in Denver, but it's possible the deal came down to money. The Knicks were able to offer Smith a salary exception that most other suitors could not.
Smith, who has averaged 12.5 points per game for his career, is an offensively-minded player capable of lighting up the scoreboard, but he can also frustrate coaches with poor decision-making and wavering focus.