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Knicks acquire Camby, re-sign Smith

07/11/2012 7:59 PM ET
By The Associated Press

NEW YORK (AP) -- The New York Knicks have acquired center Marcus Camby from Houston in a sign-and trade deal and re-signed guard JR Smith.

The Knicks also signed forward James White from Europe and were working to complete deals to bring in Jason Kidd and keep Steve Novak. Those have already been agreed to but couldn't become completed until Wednesday, the first day contracts could be signed.

The Knicks also are waiting to receive offer sheets that Jeremy Lin had agreed to sign with Houston and Landry Fields with Toronto. They will have three days to match since the players are restricted free agents, and have already said they plan to keep Lin.

New York sent Toney Douglas, Josh Harrellson and Jerome Jordan and two future second-round picks to the Rockets for Camby.

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