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Knicks extend offer to Pablo Prigioni

Updated: June 26, 2013, 10:12 PM ET
By Ian Begley | Special to ESPNNewYork.com

The New York Knicks extended a qualifying offer to point guard Pablo Prigioni on Wednesday, the team confirmed.

Prigioni will be a restricted free agent on July 1. The Knicks will have an opportunity to match offers from other teams, but they will have limited resources from which to draw.

New York is over the salary cap and would have to use part of its mini-mid-level exception (worth approximately $3.1 million annually) to match an offer to Prigioni that exceeds ...

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