Posted Jul 9 2012 5:12PM - Updated Jul 9 2012 5:31PM
NEW YORK (AP) -- Steve Novak is returning to the New York Knicks with a four-year deal worth $15 million.
Novak's agent, Mark Bartelstein, says the deal is a reward for a player who finally got his opportunity and took advantage of it. The Knicks claimed him after he was waived by San Antonio and Novak went on to lead the NBA in 3-point shooting at 47.2 percent.
Novak may not have been able to return without a challenge by the union to claim his "Bird Rights," allowing the Knicks to exceed the salary cap to keep him. Previously, players only kept their Bird Rights if traded, but the players' association successfully argued that players claimed off waivers should, too.
The deal can't be signed until Wednesday after next year's salary cap is set.
|Pelicans vs. Nuggets|
Tyreke Evans scored 22 points and Omer Asik grabbed 16 rebounds as the Pelicans win on the road against the Nuggets.
|Block of the Night - Serge Ibaka|
Serge Ibaka comes up with an emphatic block on Jordan Hill's shot attempt.
|Assist of the Night - Wayne Ellington|
Wayne Ellington hits Ed Davis with a pretty behind-the-back pass for the finish.
|Play of the Day - Danilo Gallinari|
Danilo Gallinari picks off the pass and sinks a half-court shot to beat the 3rd quarter buzzer.
|Nightly Notable - James Harden|
James Harden records 33 points, eight rebounds and five assists to lead the Rockets over the Cavaliers.