The New York Knicks announced Monday that future Hall of Fame point guard Jason Kidd retired.
"My time in professional basketball has been an incredible journey, but one that must come to an end after 19 years," Kidd said in a statement released by the Knicks. "As I reflect on my time with the four teams I represented in the NBA, I look back fondly at every season and thank each and every one of my teammates and coaches that joined me on the court."
Kidd averaged 12.6 points, 8.7 assists, 4.3 rebounds and 1.93 steals per game for the Phoenix Suns, New Jersey Nets, Dallas Mavericks and Knicks. He was the No. 2 pick in the 1994 draft by the Mavericks.
"Jason's value to the Knicks and the National Basketball Association cannot be quantified by statistics alone," Knicks general manager Glen Grunwald said in a statement. "Everyone here in New York saw firsthand what a tremendous competitor he is and why Jason is considered to be one of the best point guards, and leaders, the game has ever seen."
Kidd, 40, still had two years and $6 million left on a three-year contract he signed with the Knicks last year.
He averaged 6.0 points, 3.3 assists and 4.1 rebounds last season.
Kidd ranks third all-time with 107 triple-doubles in 3-pointers made. He was selected to the All-NBA first team five times and was voted to the All-Defensive first or second team nine times.