Following their sweep at the hands of the Celtics, the Knicks immediately had a many questions to answser regarding their GM Donnie Walsh, coach Mike D’Antoni and PG Chauncey Billups. Well, the can scratch Chauncey off their list of to-do’s…
The New York Knicks decided not to buy out the contract of point guard Chauncey Billups on Wednesday, ensuring he will be with the team for his full $14.2 million salary for the 2011-12 season.
The Knicks had until Friday to pick up the option or pay Billups a $3.7 million buyout.
“Chauncey, Amare [Stoudemire] and Chauncey [Billups] are a great nucleus, as we continue to look to improve our team going into the offseason,” Knicks president of basketball operations Donnie Walsh said in a statement. “Chauncey is an extremely talented and experienced point guard — we are very happy to have him back.”
Read more about the Knicks and Chauncey at ESPN.com
