According to ESPN.com's Brian Windhorst, ex-Cavaliers guard Baron Davis has cleared waivers.
Davis, who was cut by the Cavaliers under the NBA's new amnesty clause, is now an unrestricted free agent.
The Knicks are believed to be interested in Davis, though the veteran's back injury may complicate things.
Davis' agent, Todd Ramasar, confirmed to ESPNNewYork.com that Davis is expected to be out 8-10 weeks with a badly herniated disk in his back.
If healthy, Davis could fill a need at point guard for the Knicks.
The team has penciled in Toney Douglas as its starting point guard and Mike Bibby as a backup, but could be interested in bringing Davis on for the veteran's minimum of $1.4 million. The Knicks also have the $2.5 million room exception to lure Davis, since it wasn't used on Jamal Crawford or Shawne Williams.
According to a source close to Davis, he would welcome the opportunity to play in New York.
"Baron loves New York," the source said. "He's a big-city guy."
The source said Davis would also be intrigued by a return to the West Coast.
If it were up to Amare Stoudemire, however, Davis probably wouldn't end up with the Knicks.
"This guy's out for 8-10 weeks, man. He's not our concern at all," Stoudemire said Thursday. "We can't do anything about his injury. Right now we can't afford to have any [setbacks]. We have a positive thing going. We feel great about our guys. Everybody's healthy, so we've just got to keep it going."
You can follow Ian Begley on Twitter.