Metta World Peace reaches deal with the Knicks

Metta World Peace has reached an agreement in principle on a two-year deal with the New York Knicks, league source tells Y! Sports.

Adrian Wojnarowski

Los Angeles Lakers v Sacramento Kings

SACRAMENTO, CA - NOVEMBER 21: Dwight Howard #12, Kobe Bryant #24, Metta World Peace #15, and Pau Gasol #16 of the Los Angeles Lakers stand together during a time out during their loss against the Sacramento Kings at Power Balance Pavilion on November 21, 2012 in Sacramento, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Ezra Shaw/Getty Images)

BKN-THUNDER-LAKERS

Serge Ibaka (R) of the Oklahoma City Thunder defends against Metta World Peace (L) of the Los Angeles Lakers on January 11, 2013 at Staples Center in Los Angeles, California. AFP PHOTO / Frederic J. BROWNFREDERIC J. BROWN/AFP/Getty Images

BKN-NBA-CELTICS-LAKERS

Metta World Peace (L) of the Los Angeles Lakers and Brandon Bass (R) of the Boston Celtics maneuver for position during their NBA matchup in Los Angeles on February 20, 2013. AFP PHOTO / Frederic J. BROWNFREDERIC J. BROWN/AFP/Getty Images

Orlando beats Dwight Howard's Lakers in reunion

Los Angeles Lakers forward Metta World Peace, left, dunks as Orlando Magic forward Moe Harkless defends during the first half of their NBA basketball game, Sunday, Dec. 2, 2012, in Los Angeles. (AP Photo/Mark J. Terrill)

Los Angeles Lakers Media Day

EL SEGUNDO, CA - DECEMBER 11: Metta World Peace #15 receives instructions while being interviewed during Los Angeles Lakers Media Day at Toyota Sports Center on December 11, 2011 in El Segundo, California. (Photo by Jeff Gross/Getty Images)

Thunder hold off Lakers' charge, 122-105

Los Angeles Lakers forward Metta World Peace (15) drives around Oklahoma City Thunder forward Kevin Durant (35) in the first quarter of an NBA basketball game in Oklahoma City, Tuesday, March 5, 2013. (AP Photo/Sue Ogrocki)

Bryant leaves early, but Lakers beat Pacers 99-93

Indiana Pacers guard George Hill, right, takes the charge from Los Angeles Lakers forward Metta World Peace in the first half of an NBA basketball game in Indianapolis, Friday, March 15, 2013. (AP Photo/Michael Conroy)

Los Angeles Lakers v Atlanta Hawks

ATLANTA, GA - MARCH 13: Ivan Johnson #44 of the Atlanta Hawks reacts after forcing a turnover by Metta World Peace #15 of the Los Angeles Lakers at Philips Arena on March 13, 2013 in Atlanta, Georgia. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Kevin C. Cox/Getty Images)