Jalen Rose announced on his website that he is now a member of the Phoenix Suns.
"Being waived by the New York Knicks has created an opportunity for me to find a team to play on that will hopefully get me back into the playoffs with a realistic opportunity to win a NBA Championship," wrote Rose.
"I am lucky and thankful to the numerous teams that have shown interest in me over the past few days, in particular Joe Dumars and my hometown Pistons and Pat Riley and the Miami Heat.
"Choosing the next chapter in my career has been difficult but I am proud to announce that I am now a member of the... PHOENIX SUNS. I look forward to getting this season started and hope to see you at the Larry O'Brian championship trophy presentation in June."