The Knicks secured a commitment from one of this summer's prized free agents on Monday, coming to terms with forward Amar'e Stoudemire, the team announced.
After touring the Knicks' practice facility, Stoudemire met the news media in the evening wearing a Knicks cap and pronounced, "The Knicks are back."
By early evening, he was pictured outside Madison Square Garden in a Knicks uniform, with "Welcome, Amar'e Stoudemire."
He agreed to a five-year maximum contract worth about $100 million, according to a team official who asked for anonymity because he was not authorized to speak for the team. The exact figures will not be known until the league's moratorium period ends on Thursday and the salary cap is announced. No contract can be signed until that date.