The Knicks have agreed to terms on a one-year contract with veteran point guard Baron Davis, the team announced today. Terms of the deal have not been released, but Howard Beck of the New York Times is reporting that Davis signed for the $1.4 million veteran's minimum, and not the $2.5 million room exception.
Interim general manager Glen Grunwald is expected to offer a contract to forward James Posey using the exception, but several other teams - notably Boston and Miami - have expressed an interest in Posey.
Davis will theoretically replace Chauncey Billups as the Knicks' starting point guard - but when that happens is anyone's guess. Davis is dealing with a herniated disc in his lower back. Depending on who you believe, Davis' Knick debut could be 8-10 weeks away... or come in mid-January. (I'm leaning towards January personally... I have a sneaking suspicion that the severity of Davis' back injury was exaggerated as a way to ensure that he'd slip through amnesty waivers. Don't be surprised if he makes a miraculous recovery by MLK Day.)
When he does join the team, he'll allow the Knicks to shift Toney Douglas to a sixth man/bench scorer role, to which he's probably better suited.
How much will he improve the Knicks this season? Moke Hamilton of SheridanHoops.com says New York is now the favorite to win the Atlantic Division.
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