Posted Jun 26 2012 9:11PM
NEW YORK (AP) -- The New York Knicks say J.R. Smith has declined his second-year contract option and will become a free agent.
The Knicks could still re-sign the reserve swingman, who averaged 12.5 points last season, when he becomes a free agent Sunday. He was scheduled to make about $2.5 million next season but could earn slightly more by signing a new deal with the Knicks.
Smith joined the Knicks in February after playing in China during the lockout. He informed the Knicks of his decision on Tuesday.
|Game Time: Spurs' Heartbreak, Duncan|
The Game Time crew on San Antonio's Game 6 heartbreak and Tim Duncan's disappearance.
|NBA Nation: Chicago|
Check out all the action from NBA Nation presented by Sprint in Chicago.
|Sprite Slam Dunk Showdown 2013: Chicago|
Check out all the great action from the Sprite Slam Dunk Showdown in Chicago as part of NBA Nation.
|Sprite Slam Dunk Showdown 2013: Charlotte|
Check out all the great action from the Sprite Slam Dunk Showdown in Charlotte as part of NBA Nation.
|Big Plays of The Finals |
Watch the very best plays leading up to Game 7 of The NBA Finals.