chauncey billups

The New York Knicks have a pair of star forwards in Carmelo Anthony and Amar’e Stoudemire, and today made a decision to keep one of the roster’s only other proven assets on board for next season.

“We have made a decision to keep Chauncey Billups for the upcoming 2011-12 season,” said Knicks team president Donnie Walsh in a statement. “Chauncey, Amar’e and Carmelo are a great nucleus, as we continue to look to improve our team going into the off-season. Chauncey is an extremely talented and experienced point guard - we are very happy to have him back.”

According to Frank Isola of the New York Daily News, the Knicks have decided to pick up the one-year, $14.2 million option on Chauncey Billups’ contract.

As the most talented guard on the Knicks roster, Billups is past his prime, but provides leadership, competitiveness, scoring and experience.

In the future, the team is expected to eventually target young star point guards Chris Paul and Deron Williams.

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