http://tinyurl.com/2u2z224 Raymond Felton is no Steve Nash, but he is an upgrade over Chris Duhon and he's the point guard the Knicks believe can elevate them into a playoff team. The Knicks reached an agreement in principle Friday with Felton, the free agent who played five seasons with the Charlotte Bobcats, including the last two under former Knicks coach Larry Brown. The deal could be finalized as early as Saturday. Three days ago, Duhon signed a free agent contract with Orlando. Felton's contract is believed to be a three-year deal worth approximately $25 million, which doesn't preclude the Knicks from pursuing Chris Paul or Tony Parker next summer. The Knicks were also considering Luke Ridnour, but felt that Felton was the better player to go along with Amar'e Stoudemire and Danilo Gallinari. "We talked to (Felton) and we feel like we're close," Walsh said during a conference call to announce the sign-and-trade involving David Lee. "We have no contract right now. Until we get a contract, in my world it's not done." The 6-1 Felton, an NCAA title winner at North Carolina, averaged 12.1 points and 5.6 assists in 80 games last season for the Bobcats. The day after the Knicks failed to land LeBron James, they also finalized the sign-and-trade for Stoudemire and acquired forward Anthony Randolph, center/forward Ronny Turiaf and swingman Kelenna Azubuike from Golden State. Walsh said he is in no rush to add another player but Rasual Butler and Raja Bell, a D'Antoni favorite, are both available - although there is word that Bell could also end up in Miami. --

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