Overview
- Landry Shamet agreed to a four-year, $24 million contract that is fully guaranteed for the first two seasons and carries partial guarantees in years three and four, according to multiple reports.
- Shamet rose to a key bench role in the Knicks’ title run and shot 11 of 12 from three-point range in the Eastern Conference Finals against Cleveland, a performance that sharply raised his playoff value.
- Reports say Shamet declined larger offers from other teams to return to New York, a claim attributed to team-insider sources and not reflected in official contract filings.
- The signing fits a broader Knicks roster plan shaped by Malcolm Brogdon’s retirement, Mitchell Robinson’s departure and the team’s need to use cost-controlled deals to stay under the owner-imposed second luxury-tax apron.
- The deal preserves continuity for coach Mike Brown’s rotation by keeping New York’s primary spot-up shooter while giving the front office payroll flexibility that could affect future re-signings and roster moves.