The Knicks have signed 27-year old power forward Amare Stoudemire to a 5-year, $100 million dollar contract. Stoudemire played in 82 games (all starts) for the Suns last season and he averaged 34.6 minutes, 23.1 points, 8.9 rebounds, 1.0 assist and 1.0 blocked shot per game. He has now played in 516 games (499 starts) in his 8 years in the NBA and he has averaged 34.3 minutes, 21.4 points, 8.9 rebounds, 1.3 assists and 1.4 blocked shots per game. I really like this signing for the Knicks as Stoudemire is a great fit in Coach D’Antoni’s system from their days together in Phoenix.

UPDATE: (7/9/2010) – This was actually a sign and trade deal with the Suns. The Knicks have sent the Suns a $16.5 million dollar trade exception plus a conditional second round pick. That is not much of a price to pay for securing Amare Stoudemire for the next five years.