Landry Shamet is returning to the New York Knicks on a new four-year contract worth $24 million, multiple outlets report. The agreement keeps the 29-year-old wing with the team as New York looks to build on its recent success. Reporting indicates the deal is finalized and confirmed by Knicks-related reporting, including SNY NBA Insider Ian Begley. Several accounts characterize Shamet as a key perimeter contributor during the Knicks’ title run, highlighting his role as a shooter and spacing option for the team. The contract terms are consistently described as four years and $24 million across the sources, with the only differences being brief phrasing and emphasis on the “run it back” context. No alternative teams or competing offers are mentioned in the provided coverage. Overall, the reports converge on the same outcome: Shamet remains with the Knicks under a multi-year, mid-$20 million agreement.