ESPN NewYork's Jared Zwerling reported via Twitter that he's hearing Nash wouldn't want to come to the Big Apple.
— Jared Zwerling (@JaredZwerling) May 24, 2012
The news is somewhat shocking because in New York, Nash would have a chance to compete for that elusive championship that he's missed out on to this point in his career. He would also be reunited with Amar'e Stoudemire, with whom he had a great deal of success when both were in Phoenix.
That's bad news for Knicks fans, as it was assumed that general manager Glen Grunwald would throw New York's $5 million mid-level exception at Nash in an attempt to land the veteran point guard the Knicks desperately need.
With Nash unlikely to head to New York, it puts even more pressure on Grunwald to re-sign Jeremy Lin.
If Lin walks, and with Nash apparently not an option, the Knicks could find themselves in real trouble next season.
If New York is able to re-sign Lin without having to use its MLE, which the organization will find out from an arbitrator in mid-June, the Knicks will still likely target a veteran point guard with that money. But it won't be one of Nash's caliber, so it remains to be seen how much New York will really improve heading into next season.