J.R. Smith confirms he is close to deal with Knicks

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UPDATE 7:03 pm: Alex Kennedy of Hoopsworld spoke with J.R. Smith himself and tweeted this:

I just spoke to J.R. Smith. He confirmed that he’s nearing a deal with the New York Knicks.

This echoes what we have been hearing all day, that it is just a matter of hammering out the contract details and Smith will be a Knick. The question for Mike D’Antoni is do you start him or keep Landry Fields as the starter and make Smith a deadly sixth man?

2:17 pm: This comes out of the New York media, so it should be consumed with a few grains of salt. That said, this is the outcome we all have been expecting.

J.R. Smith has chosen the Knicks and is close to a deal with them, reports Frank Isola of the New York Daily News.

Smith’s agent, Leon Rose, met with Garden Chairman James Dolan following Wednesday’s Knicks’ win over Sacramento to finalize a contract. It is believed that Smith, who has also attracted the interest of the Clippers, will receive the Knicks’ $2.5 million exception. Rose also represents Carmelo Anthony, who has lobbied the club to add Smith, an explosive scorer who can also be erratic at times. He has averaged 12.5 points per game over seven NBA seasons.

This deal is not finalized, but it is close. And it is a great pickup for the Knicks, who beat out the Clippers (and Chris Paul’s recruiting efforts) for Smith’s services as he returns from a season in China.

The Knicks were considered the favorite because they could plug him into the starting lineup and give him big minutes — plus they could give him more money. It’s always about the money. New York can offer a pro-rated share of their $2.5 million mini-midlevel exception, plus they can give him a player option for a second year at that price. The best the Clippers can offer is the pro-rated share of the veteran’s minimum for only this season.

If and when Smith signs on the dotted line, Linsanity will have the ultimate test and opportunity. Anthony and Smith are unrepentant gunners who can fill it up but need to follow Jeremy Lin’s lead, stay within the offense and pick their spots. Run in transition, move off the ball, don’t just wait for a chance to go iso. With a starting five that includes Amare Stoudemire, ‘Melo, Smith and Tyson Chandler around Lin, the Knicks look like the third best team in the East. If D’Antoni and Lin can keep their gunners in line.