Two days after being among a group of six players released by the New York Knicks, the team agreed to re-sign starting point guard Elfrid Payton to a one-year, $5 million contract for next season, multiple outlets reports Saturday.
The 6-foot-3 Payton needed only 48 hours to get his job back. Since the NBA’s free agency period tipped off on Friday, several other point guards have agreed to deals — including Fred VanVleet staying with the Toronto Raptors and D.J. Augustin heading to the Milwaukee Bucks.
After signing with New York in July 2019, the 26-year-old Payton played in 45 games (36 starts), averaging 10.0 points, 7.2 assists, 4.7 rebounds and 1.56 steals over 27.7 minutes.
Keep on reading: Knicks re-sign starting guard Payton to 1-year deal