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Knicks, Guard Courtney Lee Agree On 4-Year, $50M Deal

NEW YORK (CBSNewYork/AP) — Shooting guard Courtney Lee has accepted a four-year contract offer from the New York Knicks, a person with direct knowledge of the negotiations tells The Associated Press.

The person spoke on condition of anonymity Saturday because nothing can be signed or finalized until July 7, when the NBA's offseason moratorium on player movement is lifted.

The Knicks will become the seventh team for the well-traveled Lee, who just finished his eighth NBA season. Lee averaged 9.6 points last season for Memphis and Charlotte, matching his career average.

Lee has also played for Orlando, New Jersey, Houston and Boston. He's also been to the playoffs five times, including each of the past four seasons.

The agreement was first reported by Basketball Insiders.

Lee is the third new projected starter the Knicks have added since the end of the season. Last week, the traded for ex-Bulls point guard Derrick Rose, and on Friday they agreed to terms with former Chicago Joakim Noah.

(TM and © Copyright 2016 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2016 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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