Hart exercised his $12.9 million player option for 2023-24 on Thursday and will return to the Knicks during the upcoming season, Shams Charania of The Athletic reports.

Hart averaged 9.8 points, 7.8 rebounds and 3.8 assists in 1.2 steals in 32.3 minutes across 76 appearances for the Knicks in 2022-23. Hart also started in 52 games, and it wouldn't be surprising for New York to look to extend him on a long-term deal.