Update: Sunday, July 8 at 8:00 p.m. ET
The Brooklyn Nets are emerging as a frontrunner for the Marcus Camby's services, according to Yahoo! Sports' Adrian Wojnarowski:
Camby might be 38 years old, but he's still one of the league's elite rebounders and would bring a tough, hard-nosed presence to this squad. It seems as though he's determined to play in The Big Apple at this point.
Update: Friday, July 6 at 4:20 p.m. ET
"Poison pill" or not, the New York Knicks will be matching the contract offer made to Jeremy Lin by the Houston Rockets.
The $9.3 million that Lin is set to earn in the third year of his contract will be a tough pill to swallow, but ESPN's Ian O'Connor remains confident that the Knicks will match the Rockets' four-year, $28.8 million offer sheet.
Update: Thursday, July 5 at 4:45 p.m. ET
So much for Jason Kidd going to the same team as Deron Williams.
According to ESPN's Marc Stein, Kidd is going to the New York Knicks on a multiyear deal:
More details will be provided when they're available.
Update: Thursday, July 5 at 8:05 a.m. EDT by Matt Shetler
After losing out on point guard Steve Nash and potentially having to make a tough decision on current point guard Jeremy Lin, the Knicks have turned their attentions to free agent Raymond Felton.
Frank Isola of the New York Daily News reports via Twitter that the Knicks have become the favorites to sign Felton.
It wouldn't be the first time Felton has signed with the Knicks as he signed with the franchise in 2011 and got off to a good start before being included in the Carmelo Anthony trade. Felton was a good fit in former head coach Mike D'Antoni's offense, but on paper doesn't seem like a great fit in Mike Woodson's slower attack.
At minimum though, Felton would be the veteran backup that the Knicks are searching for to backup Lin, should they re-sign him.
Update: Wednesday, July 4 at 4:45 p.m. ET
ESPN's Marc Stein has all the details on how the New York Knicks are coming closer to winning the Steve Nash sweepstakes.
The primary piece now seems to be Iman Shumpert, a player who the Knicks would prefer to keep but will trade if necessary, according to ESPN's unnamed source.
While the Toronto Raptors and Dallas Mavericks remain heavily involved in the Nash discussions, a trade is brewing between the Knicks and Suns. This deal would most likely leave Nash in N.Y. with a three-year deal for about $25 million while the Suns receive Toney Douglas, Josh Harrellson and Jermoe Jordan to clear cap space.
The Los Angeles Lakers remain involved, but Stein thinks that the Suns would be too hesitant to trade the point guard to a division rival for any sort of deal to come to fruition.
Update: Tuesday, July 3 at 5:00 p.m. ET
Details have emerged on three free agents the New York Knicks could have their eyes on:
1. NY Post's Marc Berman reports that the Knicks are one of the few teams that Rashard Lewis has on his shortlist. The veteran forward wishes to go to N.Y., the Miami Heat, Los Angeles Lakers, San Antonio Spurs or Atlanta Hawks.
2. Landry Field and the Toronto Raptors have come to a verbal agreement. According to ESPN's Marc Stein, Fields will sign a three-year offer for $20 million and the Knicks will have three days to match after he signs on July 11 or later.
3. Chris Smith, the brother of free agent J.R. Smith, told ESPN that his sibling wishes to remain in blue and orange:
He loves New York. He's looking for a great situation, and whatever suits him right, that's what he'll do. The main thing is him being happy; that's all that really matters. But if I had to put a guess on it, he'll be back in New York.
Marcus Camby has chosen the Knicks as one of his final six options.
However, the New York Knicks are far more concerned about the possibility of losing free-agent point guard Jeremy Lin. Here's an excerpt from ESPN's Chris Broussard on the subject:
The Knicks can offer Lin a four-year deal worth $24.5 million. But an opposing team can offer Lin a poison pill that could go as high as $40 million over four years. Such a contract would pay Lin $5 million in each of the first two years and then go as high as $15 million in each of the last two years.
Matching such a contract would give the Knicks four players -- Lin, Carmelo Anthony, Amare Stoudemire and Tyson Chandler -- making more than $14 million in the 2014-2015 season. Those four players alone would have a combined salary of $72 million, nearly $2 million above the luxury tax.
While it may be doubtful that a club goes as high as $15 million in a season for Lin, even if one offered Lin roughly $10 million in the third and fourth years of a contract, the Knicks would be cautious about matching, according to a source.
According to Marc Berman of the New York Post, the Knicks are also looking into sign-and-trades for Steve Nash or Raymond Felton.