Marcus Camby will return to the New York Knicks next season after the Houston Rockets agreed to a sign and trade for the veteran big man.
Marcus Camby has reached agreement on a deal with the Knicks, league sources tell Y! Sports.
— Adrian Wojnarowski (@WojYahooNBA) July 9, 2012
According to Woj, the Rockets will receive Toney Douglas, Josh Harrelson, Jerome Jordan and the Knicks’ second round draft picks in 2014 & 2015.
Camby will sign a 3 year, $13.2million deal while the Knicks will pay Douglas’ salary in Houston.
The final year of Camby’s deal is partially guaranteed.
Camby’s signing comes after the Knicks re-signed sharp shooter Steve Novak for 3 years, $15million earlier.
Camby played for the Knicks from 1998-2002 and will bolster the teams front line behind Tyson Chandler.
The Rockets, who have been desperately trying to swing a trade for Dwight Howard, are continuing to stock pile assets in the hope they can re-enter the fold.