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J.R. is a still a Knick, but for how long?

The Knicks had to re-sign J.R. Smith, but they don’t have to keep him. The enigmatic reigning NBA Sixth Man of the Year and the Knicks agreed on a four-year deal with a value slightly less than $25 million. The Freehold, N.J., native has a player option for the fourth year of the contract, meaning he could opt out and become a free agent following the 2015-2016 season.