Alec Burks Inks Three-Year Deal with New York Knicks

Contract Details Revealed

According to Spotrac, Alec Burks has agreed to a three-year contract with the New York Knicks, worth $30,038,400. The contract is fully guaranteed, with an average annual salary of $10,012,800. The former Utah Jazz guard, who played for the Philadelphia 76ers last season, is set to join a rebuilding Knicks roster in need of backcourt depth.

Key Terms of the Agreement

The contract includes a $10,012,800 salary for the 2023-24 season, followed by $10,346,991 for the 2024-25 season and $9,678,609 for the 2025-26 season. Burks's deal is the latest in a series of moves by the Knicks, who have been active in free agency this summer in an effort to improve their roster.