Source: Knicks get Marcus Camby - ESPN

Updated: July 9, 2012, 9:20 PM ET

By Jared Zwerling | Special to ESPNNewYork.com

The New York Knicks will acquire unrestricted free agent center Marcus Camby in a sign-and-trade with the Houston Rockets, according to a source close to Camby.

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Camby's contract will be for $13.2 million over three years. According to the New York Daily News, the Rockets will receive Toney Douglas, Jerome Jordan, Josh Harrellson and second-round picks in 2014 and '15, though no deals can be finalized until July 11.

Camby appeared to be narrowing his choices down to the Knicks, Miami Heat and Brooklyn Nets. But after postponing a meeting with the Heat on Saturday because they used their mid-level exception on Ray Allen, the Knicks were in the lead. The Nets only had a conference call with Camby, while the Knicks had a face-to-face meeting with him in Houston on Sunday, which a source close to the situation said was "very positive."

Camby returns to New York, where he played from 1998 to 2002. He was the starting center on the 1999 team that went to the NBA Finals against the San Antonio Spurs.

Now the Knicks will arguably have the best big man one-two punch with 2012 Defensive Player of the Year Tyson Chandler starting and Camby, who won the award in 2007, backing him up.

Camby averaged 7.1 points and 9.3 rebounds in 19 games for the Rockets last year, who landed the veteran center in a deadline trade with Portland.

Jared Zwerling is a contributor to ESPNNewYork.com. Information from The Associated Press contributed to this report.