Reports: Knicks acquiring Bargnani

A person with knowledge of the details says the New York Knicks
and Toronto Raptors have agreed on their deal involving former No.
1 overall pick Andrea Bargnani.

The Knicks will get the forward from Italy in exchange for three
players and three picks, the person tells The Associated Press on
condition of anonymity Monday because the talks were to remain

Toronto will receive Knicks reserves Steve Novak, Marcus Camby
and Quentin Richardson, who will be signed-and-traded. The Knicks
are also sending the Raptors a 2016 first-round pick and two
second-round picks.

The deal can’t become official until July 10, after next
season’s salary cap has been set.

Bargnani, the No. 1 pick of the 2006 draft, has two years and
about $22.2 million remaining on his contract.