The New York Knicks are on the verge of re-signing unrestricted free agent point guard Pablo Prigioni to a new contract, according to reports.
Prigioni, a 36-year-old second-year player, will sign a three-year agreement for $6 million, which will include a buyout for the third year and a team option.
The Argentina-born athlete is now the oldest player on the New York Knicks‘ roster since Jason Kidd, Rasheed Wallace, Marcus Camby and Kurt Thomas are no longer signed to the team. This distinction will help Prigioni lead the team with his experience and expertise.
Prigioni averaged 3.5 points and 3 assists in his rookie season for the Knicks, elevating those numbers to 4.5 points and 3.2 assists during the team’s playoff run.
This is a good deal for the Knicks, being that Kidd has retired, the team will keep an experienced point guard, who could step in to fill his shoes. The free-agent negotiating period starts Monday. Prigioni will officially sign his contract July 10.