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Chauncey Billups to Return to Knicks for 2011-12, Walsh Says

April 27 (Bloomberg) -- Chauncy Billups will return to the New York Knicks for the 2011-12 season, team President Donnie Walsh said.

The National Basketball Association team will pay the 34-year-old point guard $14.2 million rather than exercise a buyout clause.

To contact the editor responsible for this story: Larry Siddons at lsiddons@bloomberg.net

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