Landry Fields signs on

Moments after signing his first NBA contract, Landry Fields made his first rookie mistake. The Knicks guard scooped the beat writers when he tweeted the news.

"Officially signed my contract for the New York Knicks!"

Rookie move, son. You'll learn, in time, better to pass that info along to earn credits later on.

Fields signed a two-year deal that will start off at a guaranteed $500,000 in the first season. The 6-7 shooting guard from Stanford was one of two second round picks (39th overall) made by the Knicks in the June draft. Very much an unknown by the casual observer, Fields opened many eyes to his potential while he played for the Knicks in the NBA Summer League in July, when he averaged a team-best 15.6 points in 25.9 minutes per game in five games.

Fields will be behind two veterans at the two-guard spot -- Roger Mason and Kelenna Azubuike -- but can also play some three, though that position is also loaded with vets.

The Knicks signed their other second-round pick, Andy Rautins, on Aug. 12. Rautins was selected one spot ahead of Fields at No. 38 overall.

The team did pick up a third second round pick after the draft when they purchased the rights to center Jerome Jordan from the Milwaukee Bucks. Jordan is close to agreeing to a contract with a team in Serbia, which means he will go to Europe this season rather than compete for a roster spot with the Knicks. The team will retain his rights.

With Fields signed, the Knicks now have 14 players under contract for the 2010-11 season. It is expected the team will invite a couple of veterans to camp and see if anyone emerges to fill the 15th and final spot, though team president Donnie Walsh may prefer to keep the spot open for flexibility.