Knicks sign first-round pick Quentin Grimes

The Knicks have signed first-round pick Quentin Grimes, the team’s PR department tweets.

Grimes, the 25th pick, was acquired in a draft-night trade with the Clippers. The 6-5 guard out of the University of Houston averaged 17.8 PPG, 5.7 RPG and 2.0 APG last season.

Assuming the usual 120% above rookie scale offers made to first-round picks, Grimes will make $2,168,640. Over the next four seasons with raises, he’ll max out at $11,128,042.