The New York Knickerbockers President of Basketball Operations Donnie Walsh announced today that guard Larry Hughes has been acquired from the Chicago Bulls in exchange for center Jerome James, guard Anthony Roberson and forward Tim Thomas.

Hughes, 6-5, 184-pounds, was selected by the Philadelphia 76ers with the eighth overall selection in the 1998 NBA Draft out of Saint Louis University. The St. Louis, MO-native has career averages of 14.7 points, 4.4 rebounds, 3.2 assists and 1.50 steals in 648 career games (479 starts) over 11 NBA seasons with Chicago, Cleveland, Washington, Golden State and Philadelphia. Hughes, who was acquired by Chicago in a six-player deal on Feb. 21, 2008, averaged 12.2 points, 3.4 rebounds and 2.7 assists in 68 games with Chicago and Cleveland during the 2007-08 season. He is averaging 12.0 points, 3.1 rebounds, 2.0 assists and 1.20 steals over 26.4 minutes in 30 games (six starts) during 2008-09 campaign.

James, 7-1, 285-pounds, signed with the Knicks as a free agent on Aug. 2, 2005 after spending four seasons with the Seattle Supersonics. He averaged 2.5 points and 1.8 rebounds in 90 career games with New York. The Florida A&M product, who is in his 10th NBA season, has career averages of 4.3 points and 3.1 rebounds in 358 games with New York, Seattle and Sacramento. He is averaging 3.0 points and 1.5 rebounds in two games during the 2008-09 campaign. On Jan. 18, James ruptured his right Achilles and is expected to be out for the remainder of the season.

Roberson, 6-2, 195-pounds, signed as a free agent with the Knicks on Jul. 24, 2008. The Saginaw, MI-native averaged 4.7 points and 11.0 minutes in 23 games this season.

Thomas, 6-10, 240-pounds, was acquired by the Knicks, with Cuttino Mobley, from the Los Angeles Clippers on Nov. 21 in exchange for Zach Randolph and Mardy Collins. Thomas averaged 9.6 points and 3.1 rebounds over 21.5 minutes in 36 games (one start) in his second stint with New York. The Villanova product, who also played for the Knicks from 2003-05 before being traded to Chicago on Oct. 4, 2005, has career averages of 11.7 points and 4.2 rebounds in 788 games over 11 seasons with New York, Los Angeles Clippers, Phoenix, Chicago, Milwaukee and Philadelphia.

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