JULY 24TH, 1:47pm: The Knicks have officially signed Prigioni, the team announced today (Twitter link via Jonah Ballow of NYKnicks.com).
JULY 11TH, 7:32pm: Prigioni's contract will be for the rookie minimum of $473,604, Zwerling writes. He'll likely be the team's third string point guard behind Jeremy Lin and Jason Kidd.
6:18pm: The Knicks have reached an agreement on a one-year deal with Spanish league point guard Pablo Prigioni, Jared Zwerling of ESPNNewYork.com confirms via Twitter. The 35-year-old has been "on the radar" of Knicks GM Glen Grunwald for the last five years, Zwerling says. The team has been linked to Prigioni at various times during the summer. Marc Berman of the New York Post initially heard from Prigioni's agent, George Bass, that the agreement had been struck (Twitter link).