Jericho Sims Signs Three-Year Deal With Knicks

JULY 9, 9:03pm: The new deal with Sims is official, the Knicks announced (via Twitter).

JULY 7, 11:58am: Sims’ new three-year deal will be worth a little under $6MM, according to Katz (Twitter link). A three-year minimum contract would be worth $5.66MM, so if it’s above the minimum, it’s not by much.

Half the contract is currently guaranteed, Katz adds. There are trigger dates in 2023 and 2024 that would make years two and three fully guaranteed.

JULY 7, 11:39am: The Knicks will promote big man Jericho Sims to their standard roster, having agreed to terms with him on a new three-year contract, according to Shams Charania of The Athletic (Twitter link). Sims spent the 2021/22 season on a two-way deal.

The 58th overall pick in the 2021 draft, Sims played in 41 Knicks games as a rookie, averaging 2.2 PPG and 4.1 RPG in 13.5 minutes per contest. He moved into the team’s starting lineup for five games down the stretch, registering his first career double-double (10 points, 13 rebounds) during the last week of the season vs. Brooklyn.

While the Knicks are trading away Nerlens Noel, the team fortified its frontcourt by re-signing Mitchell Robinson and agreeing to a deal with Isaiah Hartenstein. Sims will provide additional depth up front.

Ian Begley of reported last month that the Knicks would likely negotiate a standard contract with Sims, clearing a path for second-rounder Trevor Keels to take the newly opened two-way slot. Fred Katz of The Athletic confirms (via Twitter) that Keels remains on track to get a two-way deal.

The exact terms of Sims’ new deal aren’t known, but it will likely be a minimum-salary contract or something close to it. The third year will be a team option, per Steve Popper of Newsday (Twitter link).

As Katz tweets, the Knicks will complete the signing using either some leftover cap room or part of their mid-level exception, depending on whether or not they end up turning their deal with Jalen Brunson into a sign-and-trade.

View Comments (17)