The New York Knicks officially re-signed forward OG Anunoby to a five-year, $212.5 million deal on Saturday.

The lofty deal comes after just half a season with the team as he was traded from the Toronto Raptors in January, and Knicks president Leon Rose had high praise for the defensive-minded player following his signing.

"Since his arrival in New York, OG has personified the type of player and teammate this organization and city embody," Rose said in a statement. "OG's offensive and defensive presence is undeniable and was a huge part of our success last season. We are thrilled to bring OG back to New York and continue the process of building a team and culture that makes our fans proud."

After joining the Knicks in January, Anunoby averaged 14.1 points, 4.4 rebounds and 1.7 steals per game. Though he dealt with injuries in the playoffs, he was huge for New York in its playoff run, notching 15.1 points and six rebounds per game as the Knicks came just shy of reaching the Eastern Conference Finals.

Mostly known for his defense, Anunoby has transformed into a solid three-point shooter as well, draining 38 percent of his shots from distance last season between the Knicks and Raptors. New York, which had its first 50-win season in over a decade last year, went 26-6 in the games Anunoby played across the regular season and playoffs.

Now having secured Anunoby on a long-term deal, the Knicks will look to continue their trend upward next season. They've reached the conference semifinals in back-to-back seasons, but are clearly capable of more when fully healthy.

New York also added another huge piece this offseason, trading for Brooklyn Nets swingman Mikal Bridges. The All-Star-caliber player gives the Knicks an added boost on both sides of the floor and could be the missing piece to help them get over the hump.