Updated: December 20, 2011, 7:20 am ET

Sources: Novak to Sign with Knicks

By HOOPSWORLD
Basketball News & NBA Rumors

The New York Knicks plan to sign three-point specialist Steve Novak to a one-year deal, league sources told Yahoo! Sports.

Novak, a 6-foot-11 forward, does have to pass through waivers unclaimed. The Knicks would guarantee Novak a league minimum contract for the 2011-12 season.

Brought into San Antonio Spurs camp late last week, the Spurs released Novak and placed him on waivers Monday night.

via Adrian Wojnarowski of Yahoo! Sports

Your comments are important to us, so please share your thoughts. We will be rolling out prizes and giveaways for our active Commenters. Please keep the comments above board and respectful to everyone and you could win some great stuff from us at HOOPSWORLD.