GREENBURGH, N.Y. - The New York Knicks won’t sign Allen Iverson [stats], believing any short-term gain would hinder their plans to build for the future.

Team president Donnie Walsh said Friday the team won’t make any additions at this time despite its 2-9 record. He added the decision to pass on the former MVP had nothing to do with Iverson’s ability to play or his character in the locker room.