Free-agent center Marcus Camby has agreed to join the New York Knicks in a sign-and-trade deal with the Houston Rockets, league sources told Yahoo! Sports.

The Rockets will receive guard Toney Douglas, forward Josh Harrellson, center Jerome Jordan, second-round picks in 2014 and '15 and cash used to pay Douglas' salary from the Knicks. Camby will get a three-year, $13.2 million contract that contains a partial guarantee in the third season, sources said.

The Rockets refuse to give up on the Dwight Howard derby, gathering more assets to try and entice the Orlando Magic to engage in talks.

[Also: Adrian Wojnarowski: Proposed Dwight Howard deal may involve more than 10 players]

Camby, 38, split last season with the Rockets and Portland Trail Blazers, and averaged 4.9 points and nine rebounds in 59 games. He previously played four seasons for the Knicks from 1998-2002.

Camby joins veteran point guard Jason Kidd as the Knicks' newest free-agent acquisitions. The Knicks also intend to retain point guard Jeremy Lin by matching the $29 million offer sheet the Rockets made to him.

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