Knicks ship Tim Hardaway Jr. to Hawks for Jerian Grant rights

The New York Knicks have traded guard Tim Hardaway Jr. to the Atlanta Hawks in exchange for the draft rights to guard Jerian Grant, the league announced.

Grant was selected with the 19th pick in Thursday night's draft, a pick originally owned by the Washington Wizards but obtained by the Hawks in a prior trade.

In addition, the Knicks acquired second-round pick Guillermo Hernangomez from the Philadelphia 76ers, sources said.

Hardaway, the Knicks' 2013 first-round draft pick, scored 11.5 points per game on 39 percent shooting last season for New York.

Grant, a senior combo guard fromNotre Dame, averaged 16.5 points on 47 percent shooting. He will have a chance to play big minutes in a Knicks backcourt that has just two players returning inJose Calderon and Langston Galloway.

Hardaway, 23, struggled on the defensive end at times in his first two seasons for New York, which won just 17 games last season. He is a career 35 percent 3-point shooter.

The Knicks also selected Latvian big man Kristaps Porzingis with the fourth overall pick.