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The Knicks will ink free agent Marcus Camby to a three-year, $13.2 million deal, which will be executed as a sign-and-trade with the Rockets receiving Toney Douglas, Jerome Jordan, and Josh Harrellson.
Rockets will also receive the Knicks' second round picks in 2014 and 2015, and the Knicks will pay Douglas' salary in Houston. It's hard not to like this deal for both Camby and the Knicks, as he'll provide excellent depth in the frontcourt and also keep Amare Stoudemire a bit more fresh.
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