Mike Bibby has agreed in principle to a one-year deal at the veteran’s minimum of $1.4M, according to an NBA source.

As reported in today’s Post, the Knicks do not necessarily view Bibby as a starter over Toney Douglas and they will likely fight it out for the job. There’s also a possibility of adding another PG, but an NBA source said they are not in the hunt to land Dallas’ J.J. Barea despite internet chatter.

via Marc Berman of the New York Post