J.R. Smith resigned to new deal:

[VC15]

Nuggets re-sign sharp-shooter Smith with multi-year deal:

espn.com

DENVER -- The Denver Nuggets re-signed guard J.R. Smith to a multiyear contract on Friday.

NBA front-office sources told ESPN.com's Marc Stein that Smith received a three-year deal worth a guaranteed $16.5 million.

Smith averaged 12.6 points for the Nuggets over the past two seasons and was a restricted free agent after receiving a one-year qualifying offer from Denver worth $3.04 million. The Nuggets would have had seven days to match any offer sheet Smith received but managed to reach their own agreement with the 22-year-old.

Part of Denver's motivation in shedding center Marcus Camby's contract in a much-maligned trade with the Los Angeles Clippers last month was ensuring that it had enough financial wiggle room to retain Smith. The Nuggets carried the league's fourth-highest payroll last season, coming away with a luxury-tax bill of nearly $13.6 million and a second straight first-round exit for the Allen Iverson-Carmelo Anthony-Camby trio.

Smith shot nearly 40 percent from 3-point range last season, which represents the best percentage in team history for players with at least 100 3-pointers.

Smith was acquired from Chicago in 2006 in exchange for Howard Eisley and two second-round draft picks. He was drafted by the New Orleans Hornets in the first round and 18th overall in 2004.

 

[555666]

I thought they'd let him go to another team... I mean they did trade Marcus Camby.

 

[.GR]

Cuz Marcus Camby is freaking old. Lol

 

[yezzir]

Why would they let JR Smith go? He's a great talent.

 

[Pugz]

Why would they let JR Smith go? He's a great talent.

But he ahs a really bad attitude..

 

[yezzir]

But he ahs a really bad attitude..

So do plenty of good players, lol.

 

[555666]

Why would they let JR Smith go? He's a great talent.

They were stupid enough to get rid of Camby...