As most suspected, New York Knicks power forward Amar’e Stoudemire has declined to exercise his early termination option and will return to the Knicks for the 2014-15 season to finish out the final year of his five-year, $100 million deal, a league source informed CSNNW.com.
“He is opting in,” said the source that spoke on condition of anonymity because an official announcement has yet to be made. If he had chose to exercise his ETO, he would have become an unrestricted free agent this summer.
Next season the six-time All-Star he will earn $23.4 million.
Stoudemire, 31, has seen his numbers decrease each year with the Knicks due to injuries. In 12 seasons, he has a career average of 20.4 points, 8.3 rebounds and 1.3 blocks. We’re told he’s feeling good and is looking forward to having a bounce-back season next year.