The New York Knicks officially announced the signing of Baron Davis on Monday morning. And the team might still have use of its cap exception to continuing bolstering its supporting cast.
Howard Beck reports that Davis' contract is for the veteran's minimum, contradicting a batch of other reports saying that Davis would sign for the room exception ($2.5 million). The willingness of Davis to accept the league minimum contract is critical to New York's pursuit of additional free agents to round out the Knicks' bench. By combining more than an extra $1 million per season with the chance to play for a contender, the Knicks would become one of the most desirable locations for the remaining pack of free-agent role players.
The Knicks, who whiffed in their attempt to keep Shawne Williams, are said to be interested in signing another wing. James Posey has been mentioned in Knicks rumors and Al Thornton would be a younger, more athletic alternative. Other players who could interest the Knicks include Bostjan Nachbar, sharpshooter Peja Stojakovic and the rugged DeShawn Stevenson. The Knicks are also reportedly on Gilbert Arenas' wish list.
Unfortunately for New York, Davis is out with a back injury. He said during his introductory press conference on Monday that he could miss the next 8-10 weeks. Missing that much time would amount to missing half the season.
Davis has been considered one of the NBA's most talented point guards since being drafted, but has struggled at times with weight issues, injury problems and bouts of poor shot selection. If interested, healthy and in shape, Davis would be a valuable addition to what had been a barren -- and is now a Baron -- Knicks back court.