Reports: Knicks, Trier agree to 2-year deal

Rookie revelation Allonzo Trier has made the most of his shot with the New York Knicks. And now he’s going to make nearly $7 million.

Trier and the Knicks have agreed on a two-year contract worth $6.6 million to $7 million, multiple outlets reported yesterday. The Athletic’s Shams Charania was the first to report on the deal, which is the richest contract ever landed by a player on a two-way contract. It is also among the richest deals ever signed by an undrafted rookie still playing in his first season.

Two-way contracts were negotiated into the current collective bargaining agreement last summer. They allow a team to sign a player to their G-League affiliate and bring that player up to the NBA to play in a limited number of games.