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New York Knicks: Free Agency Tracker

By Maxwell Ogden

Dec 16, 2015; New York, NY, USA; New York Knicks general manager Phil Jackson looks on during a stop in play against the Minnesota Timberwolves during the first half of an NBA basketball game at Madison Square Garden. Mandatory Credit: Adam Hunger-USA TODAY Sports
Dec 16, 2015; New York, NY, USA; New York Knicks general manager Phil Jackson looks on during a stop in play against the Minnesota Timberwolves during the first half of an NBA basketball game at Madison Square Garden. Mandatory Credit: Adam Hunger-USA TODAY Sports /
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Mar 17, 2016; Miami, FL, USA; Charlotte Hornets guard Courtney Lee (1) is called for a foul during the first half against the Miami Heat at American Airlines Arena. Mandatory Credit: Steve Mitchell-USA TODAY Sports
Mar 17, 2016; Miami, FL, USA; Charlotte Hornets guard Courtney Lee (1) is called for a foul during the first half against the Miami Heat at American Airlines Arena. Mandatory Credit: Steve Mitchell-USA TODAY Sports /

Courtney Lee: Signed

Position: Shooting Guard
Age: 30 (10/3/1985)
2015-16 Slash Line: .454/.378/.839
2015-16 Season Averages: 29.5 MPG, 9.6 PPG, 2.6 RPG, 1.7 APG, 1.1 SPG, 1.0 3PM

The New York Knicks have concluded the extensive search for a shooting guard. The likes of Nicolas Batum, Eric Gordon, Evan Turner and Dwyane Wade were all rumored targets, but it’s Courtney Lee who won the Knicks’ affection.

According to Alex Kennedy of Basketball Insiders, Lee and the Knicks have agreed to terms on a four-year deal worth $50 million.

Ian Begley of ESPN New York quickly followed that report with news that the deal would be worth roughly $48 million over four seasons.

Whether’s it’s $50 million or $48 million, the story here is that Lee is coming to New York.

Financially, a $12.5 million per year salary in 2016-17 equates to a $9.3 million in 2015-16. One could very easily make the case that the salary Lee was signed for is below his market value.

That’s a testament to both Lee’s unselfishness as a player and his desire to win at the highest level.

Lee made the NBA Finals as a rookie in 2009, and hasn’t missed the playoffs since 2012. He has 50 career postseason games played, averaging just under 29 minutes and shooting 46 percent from the field during those high-stakes appearances.

This past postseason, the Charlotte Hornets had a net rating of -25.3 when Lee wasn’t on the court—and no, that isn’t a typo.

For the Knicks, the hope is that Lee can be a 3-and-D contributor alongside Carmelo Anthony and Derrick Rose. The numbers speak in his favor; In 2015-16, he shot 40.3 percent on catch-and-shoot 3-point field goals, and held opponents to 41.8 percent shooting.

Barring the development of unforeseen circumstances, Lee will be joining the Knicks on a four-year deal starting in 2016-17.

Next: Brandon Jennings

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