Sergio Rodriguez takes ball, goes home

It's time to say adios to Sergio Rodriguez.

According to a report in Spanish newspaper Marca, Rodriguez is about to sign a 3-year contract with Real Madrid for about $1.8 million per year.

The 23-year-old point guard from Spain is a restricted free agent this summer but wasn’t expected to stay stateside. Rodriguez showed flashes of promise with the Knicks following a trade from Sacramento, but he relinquished his starting gig to Toney Douglas after just a handful of games.

So does this alter the Knicks' plans to fill the point guard slot? Hardly. Rodriguez would be a fine reserve at the one but the Knicks already have a serviceable backup in Douglas. And the Knicks' brass already knew he was weighing a return to Europe so this news shouldn’t reconfigure their offseason pursuits.

From here, the Knicks will explore a variety of options to fill their point guard slot this summer.

Flip Eddy Curry in a sign-and-trade. As I outlined in this post, the Eddy Curry contract could be an attractive piece for a team looking to rebuild next season and shed an expensive long-term deal. Some possible targets include Tony Parker, Jose Calderon, Baron Davis, Mo Williams and Beno Udrih.

Nab a free agent. This is not the year to be fishing for a point guard in free agency and the Knicks probably won’t have enough cash set aside to bait a worthy player. The top-end of this crop includes Raymond Felton, Luke Ridnour, Steve Blake and Earl Watson. Needless to say, if the Knicks sign a free agent to build their offense around, fans better hope it’s LeBron James or Dwyane Wade.

Make Douglas the starter. This would be a last resort if the Knicks can’t find sign-and-trade partners and get priced out of the shallow free agent market at the position. Douglas offers a defensive-minded skill set with a smart shooting game but he lacks the passing repertoire necessary to step into a full-time role as a ball distributor.

Tom Haberstroh is a regular contributor to ESPN Insider and an NBA analyst for Hoopdata.com. You can follow him on Twitter: @tomhaberstroh.