Knicks News and Rumors: Steve Novak To Sign With New York, Marcus Camby Could Be Next

After missing out on acquiring Steve Nash, the Knicks are on the verge of making several moves to bolster their roster for the 2012-13 NBA season.

Jason Kidd agreed to sign with New York last week, and now it looks like the Knicks are on the verge of acquiring a few more free agents.

According to Steve Novak's agent, Mark Bartelstein, the forward has agreed to re-sign with the Knicks. The four-year deal is reportedly worth $15 million.

Novak had a breakout season in 2012, after spending five years in the league. He led all players, shooting 47.2 percent from the three-point line. Novak averaged a career-high 8.8 points per game and became an integral part of the Knicks' rotation by the end of the season.

The signing of Novak will not affect the Knicks ability to sign other free agents because he was granted early Bird rights by an arbitrator.

The Knicks signed a guard in Kidd, a forward in Novak and now possibly a center in Marcus Camby. New York is reportedly the favorite to sign the big man. Jared Zwerling of espnnewyork.com says Camby is leaning towards the Knicks, but not 100 percent.

Camby is still rather effective at age 38, averaging nine rebounds per game for Houston and Portland. The veteran played for the Knicks from 1998-2002. He helped lead New York to the NBA Finals in 1999, and would return to the team as Tyson Chandler's backup.

New York could either sign Camby to a three-year deal worth $9 million or acquire him from Houston via a sign-and-trade.

The Knicks still have a few more players to sign to fill out their roster.

They are expected to match the Rockets' offer to Jeremy Lin and bring back the young point guard. J.R. Smith could also return to the Big Apple.