Two of the New York Knicks big name, big contract players have opted in to the final year of their contracts today, with both Amar’e Stoudemire and Andrea Bargnani picking up player options for the 2014-15 season.
Report: Amar’e Stoudemire opts to stay with the Knicks for the 2014-15 season http://t.co/BzjOTY89vm
— Bleacher Report (@BleacherReport) June 22, 2014
Knicks forward Andrea Bargnani is (of course) opting in to the final year of his contract: http://t.co/RnR0Z6a8Zk
— SLAM Magazine (@SLAMonline) June 22, 2014
This news comes as a surprise to no one, with both players being drastically overpaid for their abilities at this point in their careers.
Amar’e, the former all-star who the Knicks signed to a max contract as a free agent in 2010, is set to make a staggering $23.4 million next season, and Bargnani, who was acquired from the Toronto Raptors prior to last season, is set to make $12 million next year.
The high risk signing of Stoudemire was a necessary evil when the Knicks brought him aboard. They were a franchise with no star power, and no appeal to high level talent before he arrived. The Knicks gambled that the former Phoenix Suns star would be able to shake the injury woes that plagued him out west. Unfortunately for the franchise that has not been the case.
Amar’e’s contract is an issue for the organization right now, but it would be unfair to suggest that the signing of Stoudemire has been without any benefit to the franchise. His presence was a major factor in the Knicks ability to lure Carmelo Anthony from the Denver Nuggets. ‘Melo has a player option this year as well, but his status is yet undecided.
Bargnani, on the other hand, has been a complete disaster since his arrival in New York. He never found a niche on last year’s team, and spent a large chunk of the season sidelined by injury.