Knicks guard Cuttino Mobley will retire from the NBA, a person familiar with the decision told the

Associated Press

last night.

A 1992 Cardinal Dougherty graduate, Mobley is a veteran of 11 NBA seasons.

The Knicks have called a press conference for this afternoon at their training center, where Mobley will announce his decision. The person confirmed Mobley's decision to the AP on condition of anonymity because he was not authorized to speak on the player's behalf.

New York acquired the veteran guard from the Los Angeles Clippers last month, but he never played for the Knicks after a physical exam revealed a problem with his heart.

Mobley, 33, has also played with Houston, Sacramento and Orlando. *