Knicks to Sign PG Mike Bibby to 1-Year Deal

According to the New York Post, veteran point guard Mike Bibby has agreed (in principle) to sign with the Knicks on a one-year contract at the veteran minimum ($1.4 million).

Bibby, 33, has played 13 seasons in the NBA with the Grizzlies, Kings, Hawks, Wizards, and Heat. He will probably be the backup point guard behind Toney Douglas.

So far, the Knicks have re-signed Jared Jeffries to a one-year deal, signed Tyson Chandler to a 4-year deal, and signed Bibby to a one-year deal.

Personally, I think it is a pretty good move for the Knicks, but they could have signed someone better. Allen Iverson's still got it, Gilbert Arenas could put up star numbers if given the minutes, and Jamaal Tinsley is from New York. They also could have waited for the Cavs to waive Baron Davis, assuming that they will. The Knicks technically could still sign one of these guys if they are willing to take a pay-cut or if they're still available.

Here is how the Knicks' lineup for the 2011-2012 season is looking right now (not counting free agents or unsigned 2nd round draft picks):

PG: Toney Douglas - Mike Bibby

SG: Landry Fields - Iman Shumpert, Bill Walker

SF: Carmelo Anthony - Renaldo Balkman

PF: Amar'e Stoudemire - Jared Jeffries

C: Tyson Chandler

Have any thoughts on the Bibby joining the team or any free agents you think the Knicks should sign before the season starts? Leave a comment below and tell me what you think.