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J.R. Smith declines option with Knicks

Updated: June 25, 2013, 9:10 PM ET
Associated Press

NEW YORK -- Sixth Man of the Year 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.

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 ...

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