The New York Knicks, according to Hoopsworld writer Stephen Brotherston, are reportedly weighing their options and remain interested in matching the Toronto Raptors' offer sheet for Landry Fields. Previously, it was widely believed that the Knicks were not interested in matching.
According to Brotherston's article, Raptors' GM Bryan Colangelo spilled the beans on the Knicks interest
“The Knicks have informed me that they are very interested in retaining Landry and at this stage the best I could get from them in terms of a commitment about whether or not the deal would be matched was a 50/50 proposition quote unquote,” said Raptors President and General Manager Bryan Colangelo. “They are trying to work through some other scenarios to see if they can make it viable to sign him."
The offer sheet for Fields is worth $18 million over a three-year period. The deal was finalized today, the first day that deals can be officially signed.
The Knicks would be wise to let him walk instead of paying that amount to Fields. After a successful rookie season, Fields did little to improve his game in year two and saw decreases in his points and rebounds per game.
Fields is a promising shooting guard, but he hasn't shown that he is worth the hefty price tag. The Knicks just re-signed J.R. Smith to a two-year deal, worth $2.8 million in the first year. Smith adds more with his three point stroke than Fields offers.
Smith would likely start the season at shooting guard while Iman Shumpert sidelined for the start of the season. When Shumpert gets healthy, it's possible that Shumpert could become the starter with J.R. Smith first off the bench as the sixth man.
With the Knicks likely to match an offer sheet for Jeremy Lin, New York could also roll with a backcourt of Lin and Kidd at times to ease the lack of depth at shooting guard until Shumpert returns.
If the Knicks match the offer and bring back Fields, he will join the shooting guard rotation as the likely starter after starting 143 of the 148 games in his short, NBA career.