January 5, 2004
(New York-AP) -- The owner of the Phoenix Suns confirms that the Suns and New York have completed a blockbuster trade.
The deal sends Stephon Marbury and his 21-point average back to his hometown.
The Knicks get Marbury, Penny Hardaway and Cezary Trybanski from Phoenix.
The Suns get Thomasville's Charlie Ward, Antonio McDyess, Howard Eisley, Maciej Lampe, two future first-round draft picks, the rights to Yugoslavia's Milos Vujanic and cash.
Ward, a first round draft pick of the Knicks in 1994, was averaging just under nine points a game this season.
The trade gives the Suns room under the salary cap and at least eight million dollars to offer to a free agent during the off-season.
Colangelo calls it a "big picture," bold move.
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