Hey, let’s talk about something besides Kevin Durant for a second: Did you see Brandon Jennings signed with the New York Knicks? For a reported paltry $5 million? And for just one year? Okay, you’re all caught up.

With all the cash getting thrown around this summer, this has to be the most underrated signing of them all. And somehow, it was the Knicks who executed it.

Yes, Jennings numbers took an absolute nosedive last season after he ruptured his Achilles in 2015. But you have to figure he’ll bounce back — he’s only 26 — and he’ll be rejuvenated by the move to New York, a place he sounds like he’s pumped to play in:

🗽… — Brandon Jennings (@thinkiminthe90s) July 4, 2016

Can't wait to play in the Mecca!! Excited to be joining such a historic franchise @NYKNICKS!!! — Brandon Jennings (@thinkiminthe90s) July 4, 2016

He’ll play at Madison Square Garden with a one-year deal. Like Derrick Rose, if Jennings proves he can get back to scoring and dishing like he did in Milwaukee and Detroit, it’s a huge find for the Knicks and sets up for the guard to grab a payday next summer. And like Rose, if he’s proves he’s a total bust, Phil Jackson can shake his hand and let him walk away for nothing.

Here’s the key and something that will give the already-improved Knicks a boost: Jennings is Rose’s backup. If the former 10th overall pick in 2009 — Knicks fans bemoaned drafting Jordan Hill over Jennings that night and ever since — can rebound, that’s scary for opposing backcourts who will have to deal with a pair of point guards who score first. I’m exhausted just thinking about it.

Look, all of this talk is mostly moot with Team Death Star out West and LeBron’s defending champs holding court in the East. But it’s time to start admitting that if all the “ifs” fall into place for the Knicks — Kristaps Porzingis taking a step forward, Rose and Jennings playing their hearts out for another big contract, Joakim Noah reviving his career, Carmelo Anthony fitting in seamlessly with his new teammates — the team will at least be a serious competitor in the Eastern Conference.

When’s the last time the Knicks could truly say that?