Knicks Exercise Option On Iman Shumpert

The Knicks announced that they have exercised the third-year option on Iman Shumpert.  The guard, entering his sophomore season, was widely expected to be retained through the 2013/14 season.  The Georgia Tech product will make $1.68MM this season and 1.797MM in the third year of his deal.

Shumpert averaged 9.5 PPG, 3.2 RPG, and 2.8 APG for the Knicks last season in his rookie campaign.  However, the 17th overall pick in the draft went on to suffer a torn ACL in the Game 1 of first round of the playoffs against the Heat.  We heard recently that Shumpert has been able to get around without the help of a brace or a limp, which would indicate that his rehab is going well.  Doctors have projected that Shumpert could be back in action as soon as December or January.

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