DEAL IS NOW OFFICIAL: http://www.insidehoops.com/blog/?p=9274
Knicks closing in on a deal for JR Smith, Daily News has learned. Need to cut a player. Two weeks earlier and it could have been Jeremy Lin
He just announced via twitter that he is a Knick.
Deal is a 1 year deal with a 2nd year, player-option that would make the deal worth $4.3 mill.