Metta World Peace, who cleared waivers late Sunday afternoon after being amnestied by the Los Angeles Lakers, said Monday that he was joining the New York Knicks because he wants to win.
The two came to terms on a two-year deal with the first year guaranteed, a league source told ESPNNewYork.com’s Ian Begley.
The deal is worth approximately $1.6 million per season with a player option for Year 2, the source said, adding that the Knicks used the remainder of their mini-midlevel exception to sign the former Laker.
According to the amnesty provision of the current collective bargaining agreement, the Lakers will owe World Peace $7.3 million in the coming season.
World Peace said that he and Knicks star Carmelo Anthony would be able to “help each other.”
Information from Espn.com contributed to this report.