July 12th 2010: The New York Knicks sign Raymond Felton to a two-year contract
The 2nd biggest splash for the New York Knicks in the 2010 NBA Free Agency was not LeBron James, but rather Raymond Felton. The Knicks signed him to a 2 year contract worth nearly $15 million. Felton was the top free agent point guard on the market. Felton, drafted 5th overall by the Bobcats in the 2005 NBA Draft, missed only 11 games during his first 5 years in the league. His best season with the Bobcats came in the 2007-08 season where he averaged 14.4 points/game and 7.4 assists/game. Larry Brown coached Felton in the previous 2 seasons, leading the Bobcats to the playoffs in the preceding year.
With the Knicks, Felton joined forces with Mike D’Antoni, who attempted to unleash his scoring and passing abilities in a fast-paced offense. Alongside Amare Stoudemire, Felton proved to be an adroit pick and roll partner. In his first season, Felton averaged a then career high 17.1 points/game and 9.0 assists/game in a career high 38.4 minutes/game.
The Knicks ultimately dealt Felton to the Denver Nuggets in the Carmelo Anthony trade. The team eventually re-acquired him in a sign-and-trade before the 2012-13 season, albeit at a lower contract value of 3 years/$10 million. Unfortunately, Felton’s production in his second roundabout with the team never matched his half-a-season performance under Mike D’Antoni.