Jun 25, 2009 11:19 PM EST

The New York Knickerbockers President of Basketball Operations Donnie Walsh announced Thursday night 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.”

Via Press Release