From ESPN News Services:
The NBA champion New York Knicks are set to keep a key contributor long term as veteran guard Landry Shamet intends to sign a four-year, $24 million deal with the team, sources told ESPN’s Shams Charania on Monday.
Shamet, 29, was set to become an unrestricted free agent, with sources telling Charania that there was a growing market of multiple suitors forming for July 1.
Shamet’s agent, George S. Langberg of GSL Sports Group, worked with Knicks executives Monday to land the long-term commitment, sources told Charania.
The contract will allow New York to remain below the second apron after the roster is filled out, something owner James Dolan previously said the team had to do. The Knicks will now have 11 players under contract.
Excellent news! I’m glad that Landry finally got a multi-year deal. Good for him.
This certainly seems to be designed specifically to free up money to use the TPMLE to sign a Mitch replacement, but, hey, we can dream a little bit longer that there will be some sort of way for them to re-sign Mitch still somehow!
One reply on “ESPN.com: Sources: Landry Shamet intends to ink 4-year deal with Knicks”
“If we sign Huk to the minimum, it cuts into the TP-MLE. We’d have around $3.7M instead of $6M.
We could sign Huk to a 2-way to preserve the full TP-MLE. But he’d be limited to 50 games and may not want the pay cut.”
But that suggests that we only have the TPMLE left, which can’t be true. because if we used the full TPMLE on a player ant that used all of our cap space, we’d only be at 13 players.
Would it maybe have to be a 1-year deal?
In any case, it would be dumb to lose Huk.
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