According to Yahoo! Sports' Adrian Wojnarowski, Metta World Peace and the Knicks have agreed to terms on a two-year deal. World Peace was amnestied by the Lakers last week, and will provide the Knicks with a stingy defensive presence on the perimeter.
Ever since the Knicks traded Ronnie Brewer to the Thunder at February's trade deadline, they've been in search of a quality wing defender. World Peace averaged 12.4 points, five rebounds and 1.6 steals last season.
Hawks: Elton Brand agrees to one-year deal
After signing a one-year deal with the Mavericks last summer, former Sixers forward Elton Brand has agreed to a one-year contract, this time with the Atlanta Hawks, according to HoopsHype.
Brand, who was amenstied by the Sixers prior to the 2012-13 season, averaged 7.2 points and six rebounds in 72 appearances and 18 starts last season with Dallas.
The 14-year veteran will be brought in to backup the newly acquired Paul Millsap, who signed a two-year, $19 million deal at the start of free agency.
Brandon Jennings wants out of Milwaukee
According to Sean Deveney of Sporting News, Milwaukee point guard Brandon Jennings does not want to return to the Bucks next season.
A restricted free-agent, Jennings is able to sign an offer sheet with another team, but the Bucks retain the right to match any deal he signs.
Jennings clearly isn't Milwaukee's preferred choice to start at point guard next season, either. The Bucks signed Hawks point man Jeff Teague to a four-year, $32 million offer sheet, but the Hawks ultimately matched, leaving the Bucks in an tough spot.
With a 39.4 percent career field-goal percentage, Jennings has been labeled a gunner in recent years. While he did average 17.5 points and a career-high 6.5 assists last season, it's hard to ignore Jennings' inefficiencies.
Greg Oden to meet with suitors this week
Gred Oden has been out of basketball since 2010, but appears primed to make a comeback.
Oden will meet with the Mavericks, Kings and Pelicans this week during the Las Vegas Summer League, according to ESPN's Marc Stein.
Both the Spurs and Heat have been considered frontrunners for Oden's services, but after striking out in their pursuit of Dwight Howard, the Mavericks appear to be ramping up their pursuit.
The former No. 1 overall pick battled serious knee problems during his stint with the Portland Trail Blazers, missing the entirety of his would-be rookie season due to microfracture surgery.
In 2008-09 and 2009-10, Oden appeared in a combined 82 games, averaging 9.4 points and 7.3 rebounds.