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LAMPE INKS KNICKS DEAL

By FRED KERBER

August 14, 2003 -- Maciej Lampe, the 7-foot Polish teenager whose freefall from lottery status on draft night turned into a possible windfall for the Knicks, yesterday signed a three-year deal worth an estimated $2.88 million. Not bad for a second-round pick.

Lampe, picked at No. 30, needed to be released from his contract with Real Madrid before the Knicks could bring him into the fold. European contracts usually have a $350,000 buyout, but this one started at $2 million.

There was a "considerable" reduction in the buyout and exact terms still were being hammered out. The Knicks will pay the customary $350,000; the rest will be up to Lampe.

Neither side would comment on any details of Lampe's deal.

The 18-year-old, who will make an appearance today at one of the Knicks' summer camps - this one at Chelsea Piers - played for the Knicks summer league teams in both Boston and Salt Lake City. In 11 games he averaged 12.9 points and 4.8 rebounds.

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