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J.R. Smith Declines Option, Will Be Free Agent

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J.R. Smith Declines Option, Will Be Free Agent
Andy Lyons/Getty Images

J.R. Smith has informed the New York Knicks that he will decline the option in his contract for next season and become a free agent. Tuesday was the deadline for Smith to inform the Knicks. Smith's plans come as no surprise to the Knicks. The team expected him to test free agency rather than agree to play for $2.9 million after his breakout 2012-13 season.

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