by Doug Smith

Andrea Bargnani isn't gone quite yet. A trade sending the former No. 1 NBA draft pick from the Raptors to the New York Knicks was not approved by the league Sunday night and will now not be finalized until July 10.

There was nothing against the rules in the deal, though, and both sides expect it to be completed and approved when a moratorium on transactions is lifted in less than two weeks. Because paperwork was not submitted to the league by the end of last week, the approval process could not be finished Sunday night, according to one NBA source.

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Source: http://www.thestar.com/