J.R. Smith declines option with Knicks
A team spokesman also says Tuesday the Knicks extended a qualifying offer to forward Chris Copeland, making him a restricted free agent and allowing them to match any offer he receives.
Smith's decision was not a surprise given that he can make much more than the $2.9 million he was scheduled to earn next season.
The New Jersey product is happy in New York and is a longtime teammate of Carmelo Anthony so he would likely want to stay with the right offer.
Smith averaged 18.1 points in 80 regular-season games but his horrendous 29 percent shooting and poor decisions over the final eight postseason games could scare off potential suitors.
Copyright 2013 by The Associated Press
This story is from ESPN.com's automated news wire. Wire index
MORE NBA HEADLINES
- Kobe likely out six weeks with injured knee
- Sources: Rockets can't make Asik deal now
- LeBron atop newest list of NBA jersey sales
- Duncan, Parker, Ginobili take seat for Spurs
MOST SENT STORIES ON ESPN.COM
- adidas Men's New York Knicks Carmelo Anthony Replica Revolution 30 Royal Basketball Jersey