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Amare Signs with Knicks

Amare Signs with Knicks

POSTED: Monday, July 5, 2010 - 7:57pm

UPDATED: Monday, July 5, 2010 - 9:47pm

The New York Knicks reached an agreement in principle Monday with free agent Amare Stoudemire after receiving assurances it would not be an impediment to their pursuit of LeBron James.

The All-Star forward will receive a five-year, $99.7 million contract that will reunite him with coach Mike D'Antoni.

The Knicks believe they are still in the hunt for James, and, to a lesser degree, for Dwyane Wade, but Sunday night's news that James planned to delay making a decision until Wednesday or Thursday helped force their hand in regards to Stoudemire.

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