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Report: Knicks ownership may reconsider trade for Lowry if team continues to struggle

Dec 14, 2013, 11:00 AM EDT

Toronto Raptors v Houston Rockets Getty Images

The Raptors are rebuilding, and so not surprisingly, just about every player on the roster not tied to the team’s long-term plans is available in trade. Kyle Lowry is a skilled point guard that could help many teams, and with an expiring deal for just $6.1 million, he would come at a palatable price.

But the Raptors won’t just give him away, because they don’t have to — his salary comes off the books at the end of this season, so if nothing else, Toronto will get the cap space it desires for Lowry when the season is finished.

The recent deal the team made that sent Rudy Gay out of town and netted Greivis Vasquez does make Lowry expendable, however, and if assets are to be had in exchange for Lowry, the Raptors will make that deal — which is why both the Knicks and the Nets have been heavily rumored to be in the mix for his services.

The latest report on the Knicks front was that ownership shot down the deal that was close to being completed, partially because they didn’t want to give up a first round draft pick or a young player like Tim Hardaway Jr. or Iman Shumpert, but also in part because New York didn’t want to be seen as being taken advantage of by Raptors GM Masai Ujiri once again.

After Friday night’s loss in Boston, however, the Knicks may be forced to reconsider.

From Frank Isola of the New York Daily News:

The next 48 hours could determine whether James Dolan will trade a piece of the Knicks’ future — in the form of either a young player or a first-round pick — to acquire Toronto Raptors point guard Kyle Lowry.

With starting point guard Raymond Felton expected to be sidelined two to three weeks with a strained hamstring, Dolan could be forced into reconsidering a deal for Lowry if the Knicks continue to struggle against the Hawks on Saturday. …

Ujiri would prefer to receive another first-round pick, but there are reports that the Raptors would be amenable toward acquiring either Iman Shumpert or Hardaway in place of the pick. According to a source, the Knicks would prefer to keep Shumpert out of the deal for the purpose of including him in a future trade and perhaps package him with Amar’e Stoudemire.

The Knicks cannot possibly give up another first round pick (and they don’t even have any left to give until 2018), but they do like Hardaway and as the report noted, the team would like to retain Shumpert for inclusion in a larger deal for a more impactful piece — all of which makes New York’s choices here less than desirable.

It would seem to be inevitable that Lowry is dealt and that the Knicks will try to make a deal to shore up the roster. Whether or not the team caves to Ujiri once more remains to be seen, but it’s clear they need to get something done to see if they can turn things around.

  1. Kevin S. - Dec 14, 2013 at 11:28 AM

    LOL at the idea that Shumpert somehow makes Amar’e movable. What team would essentially be willing to pay $43 million for 140 games of Shumpert and the ability to match him in the summer of 2015, much less give up actual assets for the right to do so?

    • pbtunpaidwriter - Dec 14, 2013 at 6:25 PM

      Do the Knicks really need another average NBA point guard who’s undersized and pretty slow for todays standards. Neither of them, Felton or Lowry can play defense.

      They should just hire their next GM off the street.

      • 22yearsagotoday - Dec 14, 2013 at 7:56 PM

        Hopefully in Harlem.

  2. shanelsweet - Dec 14, 2013 at 11:30 AM

    I don’t understand folks thinking that “(t)he Knicks cannot possibly give up another first round pick”. When you’ve already given up ’14, ’15, ’16 and ’17, why the hesitancy in giving up another? By now, it’s pretty clear the Knicks are not following the OKC model of building a team. Might as well embrace what they are doing. At least it’ll get them a PG now, and boy do they need one.

    • zackd2 - Dec 14, 2013 at 11:38 AM

      The OKC model – Lucking into Kevin Durant?

    • legend30 - Dec 14, 2013 at 12:45 PM

      They have they’re ’15 and ’17 first round picks, they just can’t trade them.

    • pbtunpaidwriter - Dec 14, 2013 at 6:26 PM

      Just because you don’t have picks for a few more years doesn’t mean you should doom your franchise even longer.

  3. johngalt1783 - Dec 14, 2013 at 11:45 AM

    1. Regardless of the meme floating around Ujiri is not shopping Lowry, hence is already high asking price.
    2. Ujiri is not stupid. If the Knicks continue to struggle Ujiri’s asking price will go up accordingly.
    3. Dolan will again say no that the increased price is highway robbery.
    4. That will be the end of that.

    Maybe the Knicks should trade Bargnani for Steve Nash. LOL

  4. johngalt1783 - Dec 14, 2013 at 11:49 AM

    Clearly this ariticle is another attempt by the N.Y. area media to create a false situation. Despite what the NBA media say, the Raptors are not tanking and Lowry is not being shopped.

    The Raptors are an improved team without Gay. Terance Ross has had two consecutive breakout games as Gay’s replacement. Vasquez and Patterson in particular will add solid rotational depth. Acy and Gray were not being used.

    Raptors are not tanking and Lowry is not being shopped. The NBA media should just give it up or get it correct. However, it has always been PC among the NBA media to trash the Raptors so I don’t expect them to change their meme on this.

  5. homergreenz - Dec 14, 2013 at 12:31 PM

    “According to a source, the Knicks would prefer to keep Shumpert out of the deal for the purpose of including him in a future trade and perhaps package him with Amar’e Stoudemire.”

    So Dolan’s anger about the leaks on Friday was feigned or are the Knicks that out of control?

  6. cantonbound13 - Dec 14, 2013 at 1:19 PM

    Knicks should just start all over. Trade Melo to the Clippers for Griffin & build around a young Blake Griffin. Trade Shumpert & Felton to the Suns for picks.

    • 22yearsagotoday - Dec 14, 2013 at 7:57 PM


  7. bknowledge - Dec 14, 2013 at 5:46 PM

    Tyson Chandler, Shumpert, Felton, Hardaway Jr. to the Cavs for Andrew Bynum, Jarret Jack, Waiters, and a first round pick

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