Updated: December 10, 2011, 7:18 pm ET

Report: PG Bibby signs with Knicks

By HOOPSWORLD
Basketball News & NBA Rumors

The New York Knicks have signed veteran point guard Mike Bibby to a one-year-deal, according to multiple reports.

Bibby, who will be paid the league minimum, split time last season with the Atlanta Hawks and Miami Heat, averaging 8.6 points and 3.3 assists.

The Knicks used their amnesty clause earlier Saturday on point guard Chauncey Billups.

The 33-year-old Bibby has averaged 15.2 points and 5.7 assists during a 13-year career.

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