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Landry Shamet Will Stay with Knicks on 4-Year, $24 Million Deal, AP Source Says
The veteran guard is returning after shooting 47.5% from 3-point range in the postseason and helping New York secure its title run.
- On Monday, veteran guard Landry Shamet agreed to a four-year, $24 million contract to remain with the New York Knicks, securing a key piece of the recently crowned NBA champions.
- President Leon Rose prioritized retaining the championship core while maintaining financial flexibility, moving quickly before free agency opened to avoid exceeding the NBA's restrictive second apron.
- During the postseason, Shamet shot 47.5% on threes while providing dependable perimeter defense alongside Jalen Brunson and Mikal Bridges, proving vital to the Knicks' championship run.
- Following the agreement, the Knicks retain $8.7 million in space above the second apron after re-signing reserve guard Jose Alvarado, preserving flexibility to address remaining roster needs.
- Center Mitchell Robinson now becomes the organization's most difficult offseason decision, with the Los Angeles Lakers reportedly preparing offers while Shamet turned down larger deals from other contenders.
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Associated Press News+13 Reposted by 13 other sources
Landry Shamet will stay with Knicks on 4-year, $24 million deal, AP source says
A person with knowledge of the details says Landry Shamet is returning to the New York Knicks with a four-year deal worth $24 million.
·New York, United States
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Coverage Details
Total News Sources30
Leaning Left9Leaning Right4Center9Last UpdatedBias Distribution41% Left, 41% Center
Bias Distribution
- 41% of the sources lean Left, 41% of the sources are Center
41% Center
L 41%
C 41%
R 18%
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