Originally posted on The Other Paper  |  Last updated 7/4/13
J.R. Smith and the New York Knicks are hammering out a contract extension that will keep the NBA’s Sixth Man of the Year with the team for another four years. The deal could be completed by Thursday, reports The New York Daily News. Smith is expected to receive the “Average Player Salary Exception” which could amount to $24 million over four seasons. According to the Daily News report,  the New York Knicks and Smith are finalizing a contract extension that will keep the shooting guard with the club until 2017. Smith's signing assures the Knicks of having their top five players under contract next season — Smith, Carmelo Anthony, Iman Shumpert, Raymond Felton and Tyson Chandler. Also, according to a basketball site in Argentina, the Knicks have offered Pablo Prigioni a two-year contract extension. A person who spoke to the 35-year-old free agent point guard on Wednesday told The News that Prigioni “hopes” a deal is completed “real soon.” Prigioni is a prior...
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