The New York Knicks have transformed Allonzo Trier's two-way deal into a full-fledged two-year NBA contract, according to Shams Charania of The Athletic. The deal is for $7 million, including a team option for the 2019-20 season, according to ESPN's Ian Begley.

To make a spot on the 15-man roster for Trier, the Knicks released third-year guard Ron Baker.

Trier was rumored to be the Knicks' priority heading into mid-December, as the front office has grown fond of his offensive game after they passed up on him twice during the draft process. The undrafted guard out of The University of Arizona has put up 11.3 points, 3.1 rebounds and 1.9 assists through the early stretch of the season, shooting the ball at a strong 47 percent from the field and 39.1 percent from deep.

The Knicks have drafted well as of late, striking gold with Kevin Knox and Mitchell Robinson, and even scoring big with their training camp invites, as Trier has quickly proven to be a capable shooting guard in this league.

Having converted Trier into a rotational player, it remains to be seen if the Knicks choose to pick up Damyean Dotson's option for next season — as he is another strong wing that has shown promise early in the season.

Dotson is reportedly getting looks from teams like the Detroit Pistons, who have proven fond of his talents through this early stretch of the 2018-19 campaign.