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Iman Shumpert and the Knicks have not had any contact regarding a possible rookie scale contract extension, ESPN New York reports.

Shumpert and the Knicks have not had any contact regarding a possible rookie scale contract extension, ESPN New York reports.

Analysis:

Shumpert is entering the final year of his rookie contract, making him eligible to sign a rookie scale extension between now and Oct. 31. However, the Knicks aren't expected to pursue such a deal, since the team wants to save cap space for the 2015 offseason and is also content with allowing Shumpert to become a restricted free agent at that time. For the time being, Shumpert will remain with the Knicks as the team's best perimeter defender and hope to make a smooth transition into the team's triangle offense this season.

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