Report: Knicks, Jason Smith reach agreement on one-year deal

The New York Knicks have agreed to terms with 7-foot Jason Smith on a one-year, $3.72 million mini mid-level exception deal, reports Marc Berman of the New York Post.

The New York Knicks have agreed to terms with 7-foot Jason Smith on a one-year, $3.72 million mini mid-level exception deal, reports Marc Berman of the New York Post. 

The short-term deal allows the Knicks to add another big man while remaining flexible with cap space for the 2015 free agency period.

More from the Post:

[Knicks president] Phil Jackson had said he wanted another rebounding big man and Smith can block shots and shoot from long range. His price tag was manageable because he sustained a season-ending knee surgery, limiting him to 31 games last season.

Smith, who can play power forward and center, spent the 2013-14 season with the New Orleans Pelicans, where the 28-year-old averaged 9.7 points, 5.8 rebounds and 0.9 blocks in an injury-shortened campaign.

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- Molly Geary