jambrosio Posted February 22, 2006 Share Posted February 22, 2006 Steve Francis is headed to New York under a deal agreed to Wednesday by the Knicks and the Orlando Magic, ESPN.com has learned. The teams agreed to a trade of Francis for Penny Hardaway and Trevor Ariza, two league sources with knowledge of the deal told ESPN.com. The trade was expected to be announced later Wednesday afternoon after being called in to the league office. In New York, Francis will be paired with Stephon Marbury as the highest-paid backcourt duo in the NBA. The Knicks were still talking with several other clubs as team president Isiah Thomas worked at remaking a roster that has stumbled to the league's second-worst record, 15-37. For the Magic, the trade will provide salary cap relief to a franchise that can now go further beneath the cap than any of the league's 30 teams in the summer of 2007 when a bumper crop of free agents will be on the market, giving Orlando several options in figuring out how to rebuild around 20-year-old power forward Dwight Howard. Link to comment Share on other sites More sharing options...
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!Register a new account
Already have an account? Sign in here.Sign In Now