--- title: "Shamet finalizes four-year, $24M deal with Knicks" description: "Veteran floor-spacer lands long-term pact to add shooting and backcourt depth as New York targets championship contention." url: https://sportopod.com/en-US/cluster/sources-landry-shamet-intends-to-ink-4-year-deal-with-knick-2d01ff22 published: 2026-06-30T12:28:20.694+00:00 updated: 2026-06-30T12:28:20.694+00:00 author: "Kostadin Stamboliev" publisher: "Pineido" site: "Sportopod" language: en topics: ["basketball"] --- # Shamet finalizes four-year, $24M deal with Knicks > Veteran floor-spacer lands long-term pact to add shooting and backcourt depth as New York targets championship contention. Landry Shamet is finalizing a four-year, $24 million contract with the New York Knicks, according to ESPN’s Shams Charania. The veteran guard will lock up his services through his prime years, adding a reliable floor-spacer to New York’s backcourt. The deal caps a free-agency period where the Knicks prioritized shooting and depth. Shamet averaged 10.9 points per game last season with the Nets and Mavericks, shooting 37.7% from three-point range. His sharpshooting complements New York’s existing core, including Jalen Brunson and OG Anunoby. The Knicks ranked 23rd in three-point percentage last season, making Shamet’s arrival a targeted fix. The contract structure includes partial guarantees in later years, aligning incentives for both sides. It also preserves cap flexibility for New York to pursue further upgrades, a key consideration after a season where depth issues exposed themselves in the playoffs. The move reflects a broader shift in Knicks strategy under president Leon Rose, who has emphasized building a roster with multiple high-level shooters. Shams Charania reported the agreement is imminent. Knicks president Leon Rose framed the signing as part of a broader strategy to build a deeper, more versatile roster, while head coach Tom Thibodeau highlighted Shamet’s playoff experience as a key asset for a team with championship aspirations. From a financial standpoint, the deal threads the needle between immediate impact and long‑term elasticity. With roughly $45 million of cap space remaining after the signing, the Knicks can still entertain a mid‑tier free‑agent or a trade for a frontcourt complement without jeopardizing the luxury‑tax threshold. The partial guarantees also give New York a lever to renegotiate or move the contract should roster dynamics shift. The acquisition mirrors a league‑wide pivot toward three‑point specialists who can stretch defenses without demanding starter minutes. Shamet’s $6 million average annual salary sits comfortably beside similar contracts for shooters like Buddy Hield and Duncan Robinson, suggesting the Knicks are buying proven production at a market rate. This move also corrects a pattern of short‑term fixes—previously attempted with players such as RJ Barrett’s peripheral shooting upgrades—by locking in a dedicated floor‑spacer for the next four seasons. What's next: Shamet will undergo a Knicks physical and finalize the deal before the league’s moratorium lifts. New York can now focus on other free‑agent targets or trades to round out the roster, with the possibility of adding another shooter or a frontcourt piece to complement Julius Randle. The signing underscores the Knicks’ urgency to address their perimeter shooting deficit, a problem that resurfaced in last season’s playoffs when opponents routinely trapped Brunson and Anunoby. Shamet’s ability to shoot off the dribble and in catch‑and‑shoot situations provides a tactical upgrade, forcing defenses to account for his range even when he’s not the primary ball handler. His experience in high‑pressure playoff environments—including stints with the Clippers and Suns—adds a layer of reliability that fits New York’s timeline. ## Why this matters Adding Shamet gives the Knicks a proven three‑point threat and veteran guard capable of playing off the ball. His shooting stretches defenses and creates space for Brunson and Anunoby to operate. The four‑year commitment signals New York’s confidence in contending for a championship, with Shamet’s contract structured to balance short‑term impact and long‑term flexibility. His playoff experience also addresses a critical need for a team that underperformed in last year’s postseason. ## Frequently asked ### How much is Landry Shamet’s contract worth? Shamet is set to sign a four-year, $24 million deal with the Knicks, according to Shams Charania of ESPN. ### What positions does Shamet play? Shamet is a guard who primarily functions as a floor‑spacer and three‑point shooter, capable of playing both guard spots. ### How does Shamet fit with the Knicks’ current roster? His shooting complements Jalen Brunson and OG Anunoby, addressing New York’s need for perimeter shooting after a 23rd‑ranked three‑point percentage last season. ### Are there any guarantees in Shamet’s contract? The contract includes partial guarantees in later years, aligning incentives for both Shamson and the Knicks. ### When will Shamet officially sign with the Knicks? The deal is expected to finalize after Shamet passes a Knicks physical and the NBA’s moratorium lifts. ### What playoff experience does Shamet bring? Shamet has appeared in multiple postseasons, including runs with the Clippers and Suns, providing New York with a guard who has thrived in high‑pressure situations. ## Sources & Citations - [Sources: Landry Shamet intends to ink 4-year deal with Knicks](https://www.espn.com/nba/story/_/id/49219180/sources-landry-shamet-intends-ink-4-year-deal-knicks) — ESPN (2026-06-30) --- Cite: Shamet finalizes four-year, $24M deal with Knicks. Sportopod, 2026-06-30. https://sportopod.com/en-US/cluster/sources-landry-shamet-intends-to-ink-4-year-deal-with-knick-2d01ff22