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NBA Basketball News
New York, NY
The New York Knicks and the Toronto Raptors are ironing out final details of a trade that would send power forward Andrea Bargnani to the Big Apple for Steve Novak and Marcus Camby, according to a league source.
According to a source, in order to make the trade push through when the league's annual moratorium is lifted after July 10, the Knicks will have to sign-and-trade at least one player - either Earl Barron or Quentin Richardson -- as part of the deal.
The 6-11 Camby sounded uninspired about potentially heading back to the Raptors, who drafted him second overall in 1996.
"It's unfortunate that I wasn't given a meaningful opportunity to contribute last season in New York. I was really looking forward to the upcoming year as a chance to show the organization what they missed out on last year, and pushing our team towards the Finals," he said in a statement through his agent.
"Given that my goal at this point in my career is to have a shot at a championship, however, I'll have to evaluate my options going forward. I've enjoyed a great career and under the right circumstances I hope to continue making an impact in the league," he added.
Camby and Novak's salaries total about $8.7 million for next season, while Bargnani will earn $23 million in the next two seasons. If the trade pushes through, Bargnani will also receive a $500,000 bonus as part of a trade kicker.
Bargnani, the No. 1 pick in the 2006 draft, has missed 98 games in the past two seasons due to injuries. Last season, he was sidelined in early March because of an avulsion sprain in his right elbow.
However, Bargnani's contract expires entering the 2014-15 season, giving the Knicks the prospect of cap flexibility in 2015, when the salaries of Anthony, Amar'e Stoudemire and Tyson Chandler come off the books.
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Raptors Forward Andrea Bargnani Headed to Knicks