Report: Elfrid Payton, Knicks agree to one-year, $5M deal

In this Feb. 27, 2020, file photo, New York Knicks' Elfrid Payton dribbles the ball during an NBA basketball game against the Philadelphia 76ers. (Matt Slocum, File, AP)

Free-agent guard Elfrid Payton has agreed to a one-year, $5 million deal with the New York Knicks, according to ESPN's Adrian Wojnarowski.

A roster loaded with forwards and big men, bringing Payton back on a cheap one-year deal provides some depth at a position of need for the Knicks.

New York remains on the hunt for some of the more coveted remaining free-agent names, as they're one of the last clubs with significant cap space.

Payton averaged 10 points, 4.7 rebounds and 7.2 assists through 45 games in 2019-20.

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