6:16pm: It’s a two-year extension, Stefan Bondy of the New York Daily News tweets.
3:08pm: The Knicks will sign general manager Scott Perry to a contract extension, sources tell Shams Charania of The Athletic (Twitter link).
Perry, who worked in the team’s previous front office regime alongside former president of basketball operations Steve Mills, was retained last spring on a one-year contract extension following the hiring of Leon Rose, so his deal had been set to expire this offseason. ESPN’s Brian Windhorst reported in May that the Knicks were expected to sign him to another extension.
It seemed entirely possible a year ago that Perry would be looking for a new job in 2021, but New York’s success this season reflected well on the GM — according to Charania, Perry led the 2019 free agent signing of Julius Randle, who was named the NBA’s Most Improved Player for 2020/21.
The terms of Perry’s new contract aren’t yet known, but it’ll be a multiyear deal, tweets Ian Begley of SNY.tv.