They took the Portland Trail Blazers into overtime.
He joined the Portland Trail Blazers as a free agent in 1976, and was a member of their championship team that year.
In the final game of the regular season, the Lakers played the Portland Trail Blazers.
A reported deal involving the 25-year-old swingman with the Portland Trail Blazers had appeared imminent.
This team, soon to be named the Portland Trail Blazers, started play in November 1970.
Petway participated in training camp with the Portland Trail Blazers in the fall of 2007.
He is now worth $22.5 billion - according to Forbes magazine - and owns the Portland Trail Blazers.
But yesterday, he decided to stay with the Portland Trail Blazers instead of joining a far more successful team in Detroit.
For the first time in seven years, it will include the Portland Trail Blazers.
The Knicks have been pursuing the Portland Trail Blazer forward for more than six months.