The Knicks and Suns finalized a blockbuster trade Monday that will return Stephon Marbury to his hometown.
New York acquired Marbury and Penny Hardaway from Phoenix for Antonio McDyess, Howard Eisley, Charlie Ward, the rights to Milos Vujanic, two first-round draft picks, and cash, ESPN.com has learned.
The trade still requires NBA approval. The Suns will get the Knicks' first-round pick in the 2004 draft and a future conditional first-rounder.
The trade will be the fourth of Marbury's career. The Brooklyn native was drafted by Milwaukee and immediately traded to Minnesota, where he subsequently forced a trade to New Jersey.
The Nets traded him to Phoenix for Jason Kidd, and he now is headed to the Knicks in the first major move made by new team president Isiah Thomas.
The trade is a major shakeup of both teams. Phoenix, in exchange for its best player, gains salary cap flexibility that would allow the Suns to rebuild a team that was eliminated in the first round of the playoffs last season after missing the postseason a year earlier.
The contracts of McDyess and Ward expire at the end of this season, and Ward has a buyout clause that can be exercised before Jan. 10.
Eisley is under contract for three more seasons; Vujanic, the starting point guard on the Yugoslavian team that won the 2002 World Championships, is playing in Europe.
Information from The Associated Press was used in this report
New York acquired Marbury and Penny Hardaway from Phoenix for Antonio McDyess, Howard Eisley, Charlie Ward, the rights to Milos Vujanic, two first-round draft picks, and cash, ESPN.com has learned.
The trade still requires NBA approval. The Suns will get the Knicks' first-round pick in the 2004 draft and a future conditional first-rounder.
The trade will be the fourth of Marbury's career. The Brooklyn native was drafted by Milwaukee and immediately traded to Minnesota, where he subsequently forced a trade to New Jersey.
The Nets traded him to Phoenix for Jason Kidd, and he now is headed to the Knicks in the first major move made by new team president Isiah Thomas.
The trade is a major shakeup of both teams. Phoenix, in exchange for its best player, gains salary cap flexibility that would allow the Suns to rebuild a team that was eliminated in the first round of the playoffs last season after missing the postseason a year earlier.
The contracts of McDyess and Ward expire at the end of this season, and Ward has a buyout clause that can be exercised before Jan. 10.
Eisley is under contract for three more seasons; Vujanic, the starting point guard on the Yugoslavian team that won the 2002 World Championships, is playing in Europe.
Information from The Associated Press was used in this report