The AP reports:

Tracy McGrady would take pay cut to play with stars in New York

“I’ve made a lot of money over my career and I could retire right now and I could be fine financially. My kids can be fine when they get older. Money is not an issue for me,” McGrady said.

“So if these guys were to bring in a LeBron, a D-Wade, along with a Chris Bosh or a (Amare) Stoudemire, I’d be a damn fool to not want to stay here. So I’m just telling you right now that I will definitely embrace the opportunity to be here. Money is not an issue.”

McGrady said the Knicks were his preference once Houston decided to try to trade him, adding he would have sought a buyout if he were sent elsewhere. He finally got his wish Thursday in a three-team deal that included Sacramento, saying he was disappointed this season by a lack of communication from Rockets management.

“I didn’t know. I really didn’t know,” McGrady said. “And that’s just the unfortunate situation, that I just like for management to be upfront and honest with me. That’s all I ask, honesty. And if we can’t sit and have a conversation eye to eye and be honest with me, then all the respect and trust goes out the window.”