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Knicks signing Elfrid Payton to two-year, $16M contract

New Orleans Pelicans v New York Knicks

NEW YORK, NY - OCTOBER 5: Elfrid Payton #4 of the New Orleans Pelicans shoots the ball against the New York Knicks during a pre-season game on October 5, 2018 at Madison Square Garden in New York City, New York. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2018 NBAE (Photo by Nathaniel S. Butler/NBAE via Getty Images)

NBAE/Getty Images

Last summer, the Pelicans signed Julius Randle and Elfrid Payton and insisted the team improved.

Now, the Knicks can try making the same case.

Shams Charania of The Athletic:

Bobby Marks of ESPN:

Presumably, Payton will also have a team option for next season. The Knicks maintain plenty of flexibility.

They just lack good players.

New York will likely stink again next season.

Payton will join Dennis Smith Jr. and Frank Ntilikina as young point guards who are falling behind the curve of desired development as they age. It’s not too late for any of them, but the progress so far hasn’t been encouraging.

The 25-year-old Payton has already fallen out of favor with the Magic, Suns and Pelicans. He has skills as a driver, distributor and rebounder (triple-doubles!). But he’s a minus as a 3-point shooter and defender, making him a tough fit on both ends.

He should be happy with this payday, even if it includes a likely-to-be declined team option.

As for the Knicks… nobody tell them how it went in New Orleans.