The Knicks have sent point guard Jeremy Lin and center Jerome Jordan to their D-League affiliate, the Erie Bayhawks.
The team announced the move on Tuesday evening.
Lin and Jordan both played sparingly in the first 13 games of the season. Sending them to the BayHawks will give them a chance to develop rather than languish on an NBA bench.
Lin was signed as a free agent for the veteran's minimum when Iman Shumpert went down with an injury earlier this season.
The former Harvard standout scored nine points and recorded two assists and two rebounds over 16 minutes in five games with New York. He played 20 games (10 starts) for Reno of the D-League last season, averaging 18.0 points, 5.8 rebounds and 4.3 assists over 31.7 minutes.
Lin is the NBA's first Asian-American player since 1947.
The Knicks acquired Jordan in a 2010 draft-night trade with the Milwaukee Bucks for $500,000. The Bucks had drafted Jordan with the 44th pick.
Jordan, 25, spent parts of each of the last two seasons playing overseas for KK Hemofarm in Serbia before the Knicks brought him over during training camp.
The 7-0 center recorded eight points and eight rebounds over 29 minutes in six games this season for the Knicks.
The Knicks' roster remains at 15 players.
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