The Knicks and free-agent guard Courtney Lee have agreed to terms on a fully-guaranteed four-year, $48 million deal, according to multiple reports.
The agreement was first reported by Basketball Insiders’ Alex Kennedy.
Lee, a 30-year-old shooting guard, is the Knicks’ second signing of the off-season, joining center Joakim Noah. He averaged 8.9 points and 3.1 rebounds in 30.2 minutes per game last season for the Hornets after coming over in a mid-season trade with the Grizzlies.
Lee had played parts of three seasons with the Grizzlies before the trade.
New York still has two un-signed free agents in Lance Thomas and Langston Galloway that they may look to next.
– Kenny Ducey