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The deal, approved by league officials Tuesday night, is Wilson Chandler, Danilo Gallinari, Raymond Felton, Timofey Mozgov and New York's 2014 first-round pick going to Denver for Anthony, Chauncey Billups, Shelden Williams, Renaldo Balkman and Anthony Carter. TheTimberwolves agreed to take Eddy Curry's expiring contract along withAnthony Randolph from the Knicks and send Corey Brewer to New York -- not Denver, as was discussed in a previous version of the trade. The Wolves get $3 million from the Knicks, which will be used to buy Curry out of the few remaining pay checks on his $11.3 million contract.

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Why did Dallas trade or release Tyson Chandler to the Knicks and what did they get for him in return if anything?

They did this I believe to clear cap space to resign dirk nowitzki next year. Tyson chandler's defense and great rebounding ability is a main reason Dallas won the NBA championship last year. The Knicks sent veteran center Ronny Turiaf, cash considerations and a 2013 second-round pick to Washington. They also dealt second-year guard Andy Rautins to the Dallas Mavericks. Dallas sent a second-round 2012 draft choice to Washington and the draft rights to Ahmad Nivins and Giorgos Printezis to New York. Washington also sent a future second round draft choice to Dallas. In addition, to create enough cap space to sign Chandler, the Knicks waived veteran guard Chauncey Billups, designating him as the club's amnesty player. Billups and his $14.2 million contract will not count against the Knicks' salary cap.


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