FRIDAY, 2:16pm: The Knicks have officially re-signed Thomas, the team announced today (via Twitter).
MONDAY, 7:10pm: The Knicks have reached a multi-year agreement with their restricted free agent forward Lance Thomas, a league source informed Chris Haynes of Cleveland.com (Twitter link). The contract is a four-year deal starting at around $6.1MM, Ian Begley of ESPN.com tweets. That would make the contract worth approximately $27.3MM.
The 6’8” small forward, who has played five NBA seasons, averaged 8.2 points and 2.2 rebounds in 22.3 minutes last season for New York while appearing in 59 games. He has also played for the Pelicans franchise and Thunder in his NBA career.
Thomas had received interest from the Thunder as well as the Timberwolves, Spurs, Clippers, and Pelicans in the free agent market.