J.R. Smith, likely entering free agency, says he ‘wants to retire a Knick’

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J.R. Smith had an incredible regular season for the Knicks, and was every bit deserving of the Sixth Man of the Year honor he was given for that performance.

He also was brutal in the postseason, struggling to find his shot ever since he was suspended for Game 4 in the first round of the playoffs against the Celtics.

Smith’s field goal percentage dropped from 42.2 to 33.1 from the regular season to the playoffs, and his three-point shooting went from 35.6 percent to 27.3. Because he couldn’t hit shots at the rate he was accustomed to, his scoring was down nearly four points per game in the postseason.

The Knicks couldn’t afford this much of a dip in production from someone who was relied upon all season long to turn in big shooting performances to support Carmelo Anthony offensively. There is plenty of blame to go around for New York’s elimination in Game 6 at the hands of the Pacers — head coach Mike Woodson’s questionable rotations, along with the disappearance of Tyson Chandler and ineffectiveness of Jason Kidd and Amar’e Stoudemire all played their parts.

Smith’s disappearance might have been the most glaring, though, considering how great he was in a sustained effort over the course of the season. And it couldn’t have helped his standing around the league as he’s likely to enter free agency this summer.

Smith has a player option for next season for just under $3 million, but is expected to opt out of that for a multi-year deal at a higher per-year salary. How much higher is the question, as the Knicks don’t have much in the way of cap space they can spend on Smith in free agency — even though he says he wants to play for New York until he retires.

From Peter Botte of the New York Daily News:

“I want to retire a Knick. I don’t want to go anywhere else,” Smith said. “I love my teammates, I love my coaches. I was standing in the locker room looking at my jersey after the game and just knowing that I don’t want to be anywhere else except in the orange and blue. We’ll see.”

Still, when asked if he’d be willing to take less money to remain in New York, Smith hedged and added, “I haven’t even thought about all that, that far. I still have to talk to (agent) Leon (Rose) and see where we’re at.”

If he means what he says, a lot of it will be up to Smith in terms of dollars he might be willing to leave on the table to stay in New York for the next few seasons, because he’s certain to get at least a couple of teams to offer him more than the Knicks can pay.

Interestingly enough, Smith may have unwittingly helped his cause to remain in New York by his poor postseason performance, which has to have lowered his value on the free agent market.

Report: Knicks have “legitimate” interest in re-signing Derrick Rose

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Were they watching the games last year?

Derrick Rose put up decent numbers last year — 18 points per game, PER of 17, true shooting percentage of 53 — but was a mess defensively and does not fit in the triangle offense. He’s a decent point guard now, a replacement level player who can help in the right system.

Since the Knicks point guard rotation right now consists of rookie Frank Ntilikina plus whoever the team signs this summer, turns out Rose is not out of the picture, reports Ian Begley of ESPN.

The New York Knicks have “legitimate” interest in re-signing Derrick Rose, league sources familiar with the matter said….

The Knicks’ interest in the point guard is dependent on several factors, including his health and his asking price. When asked last week about New York potentially re-signing Rose, team president Phil Jackson said “we’re listening.”

Money will be the key — it’s not going to be anywhere near the $21.3 million Rose made last season. No team is going to offer that.

Can the Knicks get him for less than $10 million? Will another team come in and offer $12 million or more for him? The market for point guards this summer is going to be interesting because after the big name on the free-agent market — Chris Paul (we’re not counting Stephen Curry, he’s not leaving) — there are some quality players out there that can help teams such as Kyle Lowry, Jrue Holiday, George Hill, Patty Mills, Jeff Teague and Shaun Livingston. There aren’t that many teams with money to really spend on free agent point guards, so while a couple (Holiday, maybe Lowry) re-sign with their old teams there are a number of guys who may find the market softer than they expected. Rose is among them.

And that’s where the Knicks come in. Rose is far from a perfect fit, but if the soft market drives his price down closer to the midlevel ($8.4 million) or just above, that may be worth it for the Knicks for a year while they try to develop the rookie.

Report: Russell Westbrook may sign “designated player” extension with Thunder on July 1

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Russell Westbrook is your NBA MVP, coming off a historic season where he averaged a triple-double.

Westbrook also could see a massive pay raise this summer. Yes, you remember correctly that Westbrook signed one last summer after Kevin Durant left, but the new Collective Bargaining Agreement that kicks in July 1 grandfathered him (and James Harden, who also signed an extension last summer) in to get the “designated veteran” max contract. That would start at about $34.7 million (if the cap is at $99 million as expected) and go up from there.

Thunder management’s first call at midnight July 1 will be to Westbrook to offer the deal, and he may well take it reports Royce Young of ESPN.

Those close to Westbrook fully expect him to take the Thunder’s offer, quite possibly at 12:01 a.m., and stabilize the franchise and present a clear road map. Westbrook signed an extension last summer and invoked the word “loyalty” for a reason. He wanted to make a statement — a public declaration — and take on the burden of leading the franchise forward.

He likes the existing roster and has a close relationship and confidence in Presti and Weaver. He has built a strong bond with head coach Billy Donovan. He knew what he signed for and, with the Thunder coming off a successful first post-Durant season and with pieces in place to improve the team, there are a lot of reasons to commit again.

If Westbrook signs this, the Thunder can get on with the business of improving this roster — which will be next to impossible. The Thunder are capped out and have to re-sign restricted free agent Andre Roberson. Sam Presti is a smart man, but his hands are mostly tied due to some of the big contracts on the roster (ones that would have been no issue if Kevin Durant had stayed). The Thunder will make moves around the edges, but it’s going to take time to do anything substantial.

If Westbrook doesn’t sign this, more than just red flags will go up in OKC — this will be sirens and flashing red lights. The Thunder will be forced to think about trading Westbrook, or finding a way to keep him happy and in house. They will basically be right back to where they were last summer.

If Westbrook signs it — and he likely will, that’s a lot of money to leave on the table — it at least gives the Thunder a clear direction. Which is about all they can hope for this summer.

Bulls: No decision yet on Rajon Rondo’s future with team

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CHICAGO (AP) — The Chicago Bulls are not ready to say whether veteran point guard Rajon Rondo will be back for a second season.

Vice president of basketball operations John Paxson says that “is still to be determined.” The Bulls can pay Rondo $13.4 million or buy him out for $3 million by Friday’s deadline.

Paxson spoke Tuesday during a news conference to introduce newcomers Zach LaVine, Kris Dunn and rookie Lauri Markkanen, who were acquired from Minnesota for Jimmy Butler on draft night. The Bulls were planning to meet Tuesday with Rondo’s agent Bill Duffy, who represents LaVine.

Paxson also says a buyout on Dwyane Wade after he exercised his $23.8 million option “has not been broached.” Paxson says the Bulls, at least for now, assume Wade will play for Chicago.

Report: Chris Paul met with Clipper officials to talk future of franchise, himself

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Chris Paul is going to talk to a lot of teams this summer, but if you ask people around the league, most seem to think he will re-sign with the Clippers. The ultimate reason is money: As president of the players’ union he helped steer the new CBA negotiations, which included changing the “over 36 rule” — limiting max contracts to players who turn 36 during the time of the deal — into the “over 38 rule.” That meant 32-year-old Paul could sign one more five-year max contract.

Paul also wants to win, and it’s hard to see how the assembled team in Los Angeles — which is certainly a top 5-7 NBA team, maybe a little higher when healthy — picks up a ring. Especially with the Golden State juggernaut not going anywhere.

Paul has started talking to the Clippers, reports Adrian Wojnarowski of The Vertical at Yahoo Sports.

I doubt that discussion was much about money — the Clippers will offer a five-year max contract. That’s not even up for debate.

The discussion was how to build the Clippers into a contender. Will Blake Griffin, also a free agent, be back and be part of that? What about J.J. Redick? Can the Clippers get the cap space to lure huge free agents in 2018? LeBron James reportedly wants to come to Los Angeles, although whether he wants to be a Clipper is another question. (For the record, I don’t buy the idea LeBron would “never” be a Clipper. While it may be highly unlikely, people I have spoken to around the league closer to LeBron’s thinking say he wants to keep every option open, play out next season, then see where things stand. He would not fully rule out playing with Chris Paul, who could still be in L.A.)

The Clippers have backed themselves into a corner by trading away picks for veterans, and not developing young players into guys who can contribute in the rotation. When was the last time the Clippers had their Patrick McCaw or Dewayne Dedmon? Without those young, affordable players, it becomes hard to put a good roster together and keep it together. It’s part of what Jerry West — with some help from GM Lawrence Frank — need to bring to Doc Rivers’ Clippers.

That’s likely part of the discussion, too.

There’s a lot for the sides to talk about.