No, there is no position called the point forward. The point forward is just a forward, either power or small forward, that has the abilities to handle the ball and run the team just like a point guard.
It isn't really a formal position, it's more of an expression. A point forward describes a player who is capable of running the offense like a point guard but who generally forward. Point Forwards are often too tall and perhaps not as quick to play the role of a traditional point guard, but have ball handling and passing skills that allow them to set up plays. Tony Kukoc is an example, as was Mike Dunleavy when he played for Duke.
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A forward is typically a taller player who is counted on to not only rebound and pass well, but needs to be fast and a good shooter, ball handler, and scorer. He is needed to take pressure off of the guards and center. He must also be a terrific perimeter defender. A typical professional forward ranges from 6 foot 6 to 6 foot 10 in height and 200 to 250 pounds, but weight doesn't matter.
Forwards are the usually mid sized players. They do a combination of what a guard does which are the smallest players and the center which is the largest player. The two types of forwards are a Small Forward who is closer to a guard and a Power Forward who is closer to a center.
in Basketball the forward is usually one of the tallest players on a team his or her job is to mostly get the rebounds and get close range shots
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A point forward is a player who has the size of a forward as well as the ballhandling and playmaking skills of a point guard. Two great examples are Hedo Türkoğlu and LeBron James.