The New York Knicks have a deal in principle to send Darko Milicic to the Minnesota Timberwolves for Brian Cardinal, two sources with knowledge of the talks told ESPN.com on Wednesday.
The two sides have yet to formally complete the trade and have a trade call scheduled for Thursday morning. Assuming nothing changes overnight, the deal should be officially consummated in the morning.
The trade will save the Knicks $1.8 million and give the Wolves a center to audition for the rest of the season. Milicic has been mired at the end of Mike D'Antoni's bench for months and has publicly said he’s likely to return to Europe to play basketball when his contract expires this summer.