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The Knicks have signed Wayne Ellington to a two-year, $16 million contract

The Knicks may not have made the big splash that many thought they’d make, but they’re certainly not sitting on their hands thus far in free agency.

Their fifth signing for New York in this young free agency period is Wayne Ellington on a two-year, $16 million deal, per Woj:

If you recall, Ellington already had a cup of tea as a Knick, coming over when Tyson Chandler was traded away in 2014. However, he was almost immediately moved and never actually played a game in New York. So this is sort of a redemption story?