Baron Davis, who was recently waived by the Cleveland Cavaliers, has reportedly agreed to sign with the New York Knicks. The Knicks are relatively desperate at the point guard position and are apparently willing to sign the veteran guard who has been diagnosed with a bulging disk in his back. The original time table suggested that Davis would be out for 8 to 10 weeks, but that could change.
The Knicks used their own amnesty clause on veteran guard, Chauncey Billups. As far as I know, the Cavaliers will still be responsible for the remainder of Baron Davis' contract, but it will not count against their salary cap. As I said when Davis was cut, I wish him nothing but the best. He was a class act during his time in Cleveland and it would be great to see him get healthy and play for a playoff team this year. The Knicks signed Davis to a one year, $2.5 million contract.