Chauncey Billups Will Return To Knicks Next Season

The New York Knicks will pay Chauncey Billups his full $14.2 million salary for the 2011-12 season rather than buying him out as some had speculated when the Knicks acquired him at the NBA trade deadline.

ESPN’s Chris Sheridan, who first reported the deal, noted that the Knicks had until Fridfay to decide to either pay Billups his full salary next season or buy out the final year of his deal for $3.7 million.

The most interesting part of this deal may be that Knicks president of basketball operations Donnie Walsh, who is currently waiting to find out if he’ll be re-signed next season, is apparently the person that signed off on re-signing Billups for next season.

“Chauncey, Amare Stoudemire and Carmelo Billups are a great nucleus, as we continue to look to improve our team going into the offseason,” Walsh said in a statement according to Sheridan. “Chauncey is an extremely talented and experienced point guard — we are very happy to have him back.”

It remains to be seen how well the 35-year-old Billups will hold up going into his 13th season this Fall, but no one can dispute the fact that the Knicks NBA Playoffs series against the Boston Celtics would have been at least a little bit different if Billups was able to play in the final three games of the season.

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SB Nation New York

You must be a member of SB Nation New York to participate.

We have our own Community Guidelines at SB Nation New York. You should read them.

Join SB Nation New York

You must be a member of SB Nation New York to participate.

We have our own Community Guidelines at SB Nation New York. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.