Found July 17, 2012 on isportsweb.com:

A while back I had posted about former North Carolina Basketball player Raymond Felton, who led UNC as its floor general to a national championship under head coach Roy Williams, and the New York Knicks may be reuniting. All of this had then lost much of its hype and seemed all but dead in the water, or better said in the FA market, when the team that calls Madison Square Garden home signed veteran Jason Kidd from the Mavericks. Well, from an article it seems that this move is not just alive, it’s done.

The Knicks agreed to acquire Felton from Portland in a sign-and-trade, two league sources said. Felton and another former Knick, Kurt Thomas, will join the Knicks and Jared Jeffries and Dan Gadzuric will go to the Trail Blazers, a source said.

While I am never a fan of the “source” that we never know who it is, this does definitely seem to be a done deal for the former 28 year old from Chapel Hill. Especially when you read what the NY Post wrote about all of this yesterday…

The Knicks announced tonight that the team has re-acquired guard Raymond Felton, via sign-and trade, and forward/center Kurt Thomas from the Portland Trail Blazers in exchange for forward Jared Jeffries, via sign-and-trade, center Dan Gadzuric, the draft rights to Kostas Papanikolaou and Giorgos Printezis and a protected future second-round draft pick.

Depending on what happens to Jeremy Lin, which just shows how much the word “potential” has to do with the way franchises throw money at players, Felton and Kidd will be fighting for the starting spot, with the loser coming off the bench and neither assured to be the full time starter throughout the season. The 6’1″ floor general had a heck of a season with the Knickerbockers, starting all 54 games for the NY franchise while averaging 17.1 points and 9.0 assists in 38.4 minutes before being sent to Denver as part of the Melo package. From what has been said around the net the deal for Felton is $ 10 million for three years, and not a bad way to be paid and show the naysayers of the floor general that he is worthy of this. The great thing about sports is that sooner or later what people think of any and all players will be proved right or wrong. This is definitely something Felton will be dealing as he heads back to the Big Apple.

In the end I think this is going to be a good move for both the franchise and for former North Carolina basketball and national champ as the two need one another right now. The one thing that could make this totally different is if the New York franchise at the end of things decide to bring back Jeremy Lin as playing time would definitely dimish for the former UNC floor general. That move would also make it so the Knickerbockers front office would be spending $ 45 millions over the next three seasons for its point guards. As I do with all present and former Tar Heels let me first congratulate Raymond Felton on his new contract and wish him all the best as he begins a new chapter with an old team.

THE BACKYARD
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