The Milwaukee Bucks just handed Gary Trent Jr. a four-year, $64 million deal that nobody really saw coming, and it puts the New York Knicks’ own summer business in a sharper light. New York could have walked into the same kind of Early Bird rights mess with Landry Shamet. Instead, it stayed disciplined and came out with a far cleaner result.
Trent and Shamet were in similar contract territory because both had spent two straight seasons with their teams after initially signing as free agents. That made them eligible for deals worth as much as 105 percent of the league’s average salary over four years, with the ceiling projecting to $68.1 million.
Trent wound up getting almost all of that, even after a 2025-26 season to forget. The price was so steep that some respected voices are already convinced a deal had been lined up before last season.
Shamet’s number looks a lot different. He was the sixth or seventh most important player on a championship team, and he re-signed with the Knicks on a four-year, $24 million contract that is only fully guaranteed for the first two seasons. His total guarantee comes to $12.8 million, which is basically 20 percent of Trent’s $64 million haul.
That gap tells the story. It’s not just about one player getting paid and another taking less. It’s about how the Knicks handled their own leverage without getting dragged into a bad bidding war.
To be clear, Trent and Shamet are not exact matches. Shamet was better last season, but he was also fighting for a roster spot when training camp opened.
Trent’s prior two-year deal in Milwaukee had looked like a bargain until it suddenly didn’t. Even so, Shamet’s return matters because he had other offers on the table and still chose to stay in New York.
That kind of decision usually comes from a strong fit on both sides.
It also says plenty about the Leon Rose-led front office. James Dolan’s fear of the second apron limited some options, but the Knicks still could have talked themselves into spending more to keep Shamet, or even into matching Mitchell Robinson’s contract with the Boston Celtics. In a league where championship windows can close fast, that kind of impulse would have been understandable.
New York didn’t go there. Having Shamet’s Early Bird rights didn’t push them into overdoing it.
They also didn’t let Jose Alvarado’s player option create unnecessary pressure. And even without Dolan in the picture, there’s a sense this front office wouldn’t have blindly paid Robinson a deal that could age badly, even with everything he can do.
The Knicks have earned some trust here, and Shamet’s new contract is another reason why. It didn’t need a Gary Trent Jr.-sized comparison to make sense, but that comparison sure helps.
The Bucks fell into the trap. The Knicks didn’t.
And in a summer where the moves may not look flashy, that restraint is the whole point.
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Knicks May Have Pulled Off A Quiet Free Agency Steal With Shamet
The Knicks kept Landry Shamet around because they value exactly what he brings: shooting, spacing and a steady hand in a playoff rotation. For a team built around its core, having a guard who can slide into a role without demanding the ball is useful, and New York clearly sees Shamet as one of those lower-profile pieces that can still swing meaningful minutes when the games tighten up.
What makes the move stand out is the price. Shamets four-year, fully guaranteed deal comes in at $14.3 million, a number that looks especially sharp for a player whose production and efficiency held up well last season. In a market where reliable shooting can get expensive fast, the Knicks may have found a cost-effective fit who gives them exactly the kind of depth contenders usually have to pay more to get. [Read more 🡒]
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That decision also lands in the middle of a broader fight over how much the NBAs current system should squeeze teams and players alike. NBPA executive director David Kelly has been openly critical of the second apron and the way it can put the financial burden on players when clubs want to keep a contender together, a debate that has only grown louder as more teams weigh flexibility against spending. [Read more 🡒]