Originally written on NBA Injury News  |  Last updated 10/22/14
New York Knicks shooting guard J.R. Smith is "very, very likely" to opt out of his current contract after the season and test the free agent market, according to Moke Hamilton of Sheridan Hoops.Smith has a player option for next season, and a source close to Smith tells SheridanHoops.com that it is “very, very likely” that he will opt out of his contract and become an unrestricted free agent this summer.Before writing Smith off as another greedy professional athlete, you should first look at his current salary. The Knicks are paying him $2.8 million this season, which is far below market value. In fact, Smith has to look no farther than teammate Steve Novak -- who's earning $4.05 million in 2012 -- to see that his services are undervalued.If he does hit the open market, Smith will be doing so at just the right time. The gifted shooter was recently named the NBA's Sixth Man of the Year, and he's averaged career highs across the board; 18.1 points, 5.3 rebounds and 2.7 assists per game during the regular season.This could be trouble for the Knicks, who figure to be limited in what they can offer Smith. Whatever the case, Smith figures to cash in following his impressive season.Follow @hoopsinjurynews
PLAYERS: J.R. Smith
TEAMS: New York Knicks
MORE FROM YARDBARKER

NFL to start airing its own anti-domestic violence PSAs

Ex-Bronco John Boyett punched cabbie, told cops to call Elway

Former NFL QB still feels effects of concussions every day

Robert Klemko given four-week suspension from The MMQB

Michael Vick: Percy Harvin won't be a monster here

Robert Griffin III 'guaranteed' to be back in Week 11

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Urlacher: Cutler paid like elite QB, hasn’t produced like one

Hoyer doesn’t think about getting benched for Manziel

Cardinals kicker blew $1,500 signing bonus on headphones

Ainge: Draft lottery reform would be 'better for the game'

Royals take Game 2 to even series with Giants

Report: Roger Goodell will have to testify in Ray Rice case

PK Subban as Michael Jackson at Canadiens' Halloween party

On Kevin Love, Kyrie Irving and embracing newfound roles

One Direction promotes tour by acting like bandwagon NFL fans

Jimmy Howard unveils pink mask for 'Hockey Fights Cancer'

Louisville Athletic Dept. asking for donations at gas pump

Falcons make huge mistake with London infographic

DeMarco Murry surprises Cowboys linemen with iMacs

Jimbo Fisher's son reps for Winston on 'Superhero Day'

WATCH: Steve Ballmer freaks out while shown on Jumbotron

AUDIO: Rex Ryan pranks Sammy Watkins on conference call

Top storyline for each Week 8 NFL game

WATCH: Giants pitcher yells at Salvador Perez after HR

Knicks News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

Are sports leagues finally getting serious about domestic violence?

Brian Urlacher rips Jay Cutler

On Kevin Love, Kyrie Irving and embracing newfound roles

Top NFL storylines: Week 8

Kiffin's mom worried for son's safety

Report: Goodell will have to testify

Penguins do 'O Canada' following tragedy

UEFA Champions League midway report: Groups A – D

Porn star: No one parties like Janikowski

Report: Expect Florida to make a run at Bob Stoops

The San Francisco Giants are zombies

10 bold predictions for NFL Week 8

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.