HoopsHype Pablo Prigioni rumors

July 10, 2013 Updates
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The Knicks brought back two of their own free agents Thursday. They came to terms on multi-year deals with J.R. Smith and Pablo Prigioni, according to their respective agents. Smith, 27, will get a four-year deal for roughly $25 million, the most the Knicks can pay under the "Early Bird" exception, Leon Rose said. The deal includes a player option for the fourth year. Smith would have his "Bird" rights then and the Knicks would be able to sign him for whatever they wanted. "Bird rights" are salary-cap exceptions that help teams re-sign their own free agents. Newsday

Free agent guard Pablo Prigioni has reached agreement on a three-year, $6 million contract to re-sign with the New York Knicks, league sources told RealGM. Prigioni’s new deal with the Knicks allows him to earn $2 million per season and includes a team option in the third season, partially guaranteed, a source said. RealGM

July 3, 2013 Updates

A person who spoke to the 35-year-old Prigioni on Wednesday told The News that Prigioni “hopes” a deal is completed “real soon.” New York Daily News

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Another league source said it's "likely" Smith will re-sign with the Knicks come free agency (starting July 1), putting their roster at eight players under contract for next season. That number could extend to 10 players if New York re-signs Pablo Prigioni and Chris Copeland, who both have qualifying offers of $988,872. If they don't accept the offers by June 30, they will become restricted free agents. ESPN.com

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