Nuggets forward Renaldo Balkman believes that the Knicks regret trading him last summer.

"They already do," said Balkman when asked whether New York regrets dealing him.

The Knicks traded Balkman to the Nuggets in July for pair of players with nonguaranteed contracts, Taurean Green and Bobby Jones, who they then waived, and a 2010 second-round pick.

"They did what they had to do," Balkman said of the Knicks dealing him. "It's all politics in this game. But I'm here for a reason."