Landry Shamet set to remain with Knicks on four-year, $24 million deal, AP source says

Landry Shamet is expected to stay with the New York Knicks on a four-year contract worth $24 million, according to a person with knowledge of the details who spoke to The Associated Press on Monday. The agreement is described as having been reached to keep the wing in New York long term, but there was no immediate announcement tying the paperwork to a formal Knicks release.

Shamet’s reported return is notable because it reflects how the Knicks value reliable shooting and team defense as building blocks. The AP report frames him as a key contributor for New York, particularly for his outside shooting and his ability to provide defensive effort that fits within the Knicks’ regular rotation.

In the AP account, Shamet’s role is also connected to the Knicks’ coaching staff under Mike Brown. The report says he became a trusted piece of the rotation after signing late last offseason, suggesting the team’s offseason planning included maintaining depth rather than simply adding new pieces.

The Knicks’ approach matters in a league where spacing and defensive assignment can shape game scripts, especially in the later stages of the playoffs. Shamet’s reported skill set, as described by the AP source, aligns with those priorities, since perimeter shooting stretches defenses while active off-ball and on-ball work supports a team’s overall scheme.

Because the information comes through an AP source who requested anonymity and the deal had not been publicly announced at the time of the report, the specifics beyond the term and reported value should be treated cautiously. Still, the reported agreement offers clarity on at least one key roster question for New York as it looks to maintain continuity heading into the next season.

For fans watching the Knicks’ offseason, the main question now is how the Shamet deal affects the team’s remaining roster construction. With New York keeping a perimeter rotation contributor in place, attention will likely turn to how the Knicks distribute minutes at the wings and how their spacing looks across different lineup combinations. The contract also provides a clearer baseline for what the Knicks can expect from their secondary scoring and defense once training camp begins.