Baron Davis has reportedly signed for the veteran's minimum of $1.4 million. This leaves the Knicks with the $2.5 million "room" exception available under the new collective bargaining agreement.
Jamal Crawford and Shawne Williams both spurned the Knicks' offer of the "room" exception to sign elsewhere. Now, the Knicks are trying to lure other targets with the exception.
A source close to James Posey said the Knicks have been in contact with the forward as recently as Monday. The source said Posey has been in talks with a number of teams and, as of Monday night, no deal had been struck. According to a report Monday from the Boston Globe, the Celtics are not interested in re-signing Posey, who was a key piece to their 2008 NBA championship team.
Posey was amnestied by the Indiana Pacers and cleared waivers, so he is free to sign with any team.
Other Knicks targets of interest may include Al Thornton and Bostjan Nachbar.
Mike D'Antoni was asked about the possibility of adding another player to the roster on Monday.
"Maybe," the coach said. "If something makes sense. I know [interim GM] Glen [Grunwald] will look and try to exhaust all the avenues. And if we can get a guy ... great. If not, that's fine. We're good to go."
MIKE SAYS NY IS PLACE TO BE: Speaking of free agency, D'Antoni believes New York has become a sought-after destination for players testing the free-agent waters.
"I think so," the coach said. "I think that having a good team and a good atmosphere and a great place to play gives you opportunities that people don't have. That's whats fun about [it]. Once you get it kind of rolling, then good things happen."
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