Posted: Monday July 1, 2013 3:17 PM

AP source: Knicks, Raptors agree to Bargnani deal

Decrease font Decrease font
Enlarge font Enlarge font

NEW YORK (AP) - A person with knowledge of the details says the New York Knicks and Toronto Raptors have agreed on their deal involving former No. 1 overall pick Andrea Bargnani.

The Knicks will get the forward from Italy in exchange for three players and three picks, the person tells The Associated Press on condition of anonymity Monday because the talks were to remain private.

Toronto will receive Knicks reserves Steve Novak, Marcus Camby and Quentin Richardson, who will be signed-and-traded. The Knicks are also sending the Raptors a 2016 first-round pick and two second-round picks.

The deal can't become official until July 10, after next season's salary cap has been set.

Bargnani, the No. 1 pick of the 2006 draft, has two years and about $22.2 million remaining on his contract.

 
SI.com
Hot Topics: NBA Draft Yasiel Puig NHL Playoffs NBA Playoffs Mark Cuban Jabari Parker
TM & © 2014 Time Inc. A Time Warner Company. All Rights Reserved.
Terms under which this service is provided to you. Read our privacy guidelines, your California privacy rights, and ad choices.
SI CoverRead All ArticlesBuy Cover Reprint