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Steve Novak staying with Knicks

Updated: July 9, 2012, 3:59 PM ET
By Jared Zwerling | ESPNNewYork.com

Sharpshooter Steve Novak has agreed to re-sign with the New York Knicks in a deal worth $15 million over four years. The financial terms were confirmed by Novak's agent, Mark Bartelstein.

After making only $992,680 in 2011-12, Novak will cash in on leading the NBA in 3-point percentage last season (47.2). But he had no other destination in mind. From the end of the Knicks' season to last week when the early Bird rights arbitration was settled, Novak expressed serious interest ...

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