The New York Knickerbockers President of Basketball Operations Donnie Walsh announced today that center Darko Milicic has been acquired from the Memphis Grizzlies in exchange for guard/forward Quentin Richardson and cash considerations.

“When building a team, it is invaluable to have a skilled big man such as Darko,” Walsh said. “He is the type of player with strong high-post play that will complement Eddy Curry’s low-post game. He will thrive in Coach D’Antoni’s system.

“It is very tough to lose such a great veteran like Quentin who has meant so much to this team,” Walsh added. “We thank him for all of his efforts over the past four seasons.”

Milicic, 7-0, 275-pounds, was selected by the Detroit Pistons with the second overall selection in the 2003 NBA Draft. The Serbian center has career averages of 5.5 points, 4.0 rebounds, and 1.20 blocks in 337 career games (98 starts) over six NBA seasons with Detroit, Orlando and Memphis. Milicic averaged 5.5 points and 4.3 rebounds in 61 games for the Grizzlies during the 2008-09 campaign.

“I am very excited about the possibilities with Darko. He has great size and the skills to really help us.” Head Coach Mike D’Antoni said. “He can run the floor really well, shoot and has a load of talent.”

Richardson, 6-6, 235-pounds, was acquired by New York from Phoenix along with the draft rights to Nate Robinson on June 28, 2005 and averaged 9.7 points and 5.0 rebounds in 241 games (206 starts) in four seasons with the Knicks. Originally selected by the L.A. Clippers out of DePaul with the 18th overall selection in the 2000 NBA Draft, Richardson has career averages of 11.5 points and 5.0 rebounds in 601 career games (389 starts) with L.A. Clippers, Phoenix and New York. The Chicago, IL-native averaged 10.2 points and 4.4 rebounds in 72 games last season.