Leon Rose has made a major decision regarding his front office.
The new New York Knicks president will be keeping Scott Perry as general manager, a league source confirmed.
Perry will be brought back on a one-year contract.
The 2020-21 season will be Perry's fourth as the Knicks' GM.
Newsday first reported Perry's return.
Perry's current contract was set to expire May 1. He and the Knicks had a mutual option for next season.
Rose was hired in March, shortly before the season was suspended because of the coronavirus outbreak.
The Knicks were 21-45 at that point.
Rose spent the final weeks of the season and the time since evaluating his front office and taking stock of the organization.
He hired Brock Aller, a former longtime executive with the Cleveland Cavaliers, earlier this month for a role that hasn't yet been specified publicly.
Perry is well-respected around the league, and can help Rose navigate his new role in a big way.
Keeping Perry on as GM will also allow Rose to have someone in place who has done the legwork on NBA Draft prospects.
The Knicks soon will have another important draft decision to make at a time when conference tournaments and the NCAA Tournament were canceled, and the entire pre-draft process has been thrown in question.
It's an important process for the Knicks, who have two first-round picks in the upcoming draft.
Since taking over as GM, Perry has drafted Kevin Knox, Mitchell Robinson, RJ Barrett and Ignas Brazdeikis.
Knox has been underwhelming but is still just 20 years old and has shown some positive signs. Robinson has surpassed expectations as a promising young center who's been among the league leaders in blocks, while Barrett was solid in his rookie season. Brazdeikis spent most of his rookie year in the G-League.
Rose and Perry will have plenty of other decisions ahead of them.
They'll need to decide whether or not to bring back interim head coach Mike Miller, who took over in December after David Fizdale was fired, or whether to hire a new coach, and if so, who to hire.
The Knicks also have several players with team options for 2020-21: Taj Gibson, Reggie Bullock, Elfrid Payton, Wayne Ellington and Bobby Portis.
Perry and his front office created an abundance of financial flexibility in recent seasons.
Much of that flexibility resulted from trading Kristaps Porzingis to the Dallas Mavericks in January of 2019.
The Knicks had enough salary cap space going into the summer to sign two max free agents.
But the Knicks weren't able to land any of them. They instead signed a handful of players to short-term contracts with options to maintain flexibility — something the Knicks haven't enjoyed much in recent years.
The Knicks' front office has undergone plenty of upheaval in the last year.
Former team president Steve Mills was fired during the season, and was ultimately replaced by Rose, a former longtime player agent for Creative Artists Agency.
Rose is now tasked with trying to eventually build the Knicks back into a contender.
They still have a long way to go.
But on Wednesday, Rose made a major decision about his front office.