NBA Free Agency 2012: How Steve Nash to Lakers Shakes Up Point Guard Market

Matt ShetlerCorrespondent IJuly 5, 2012

PHOENIX, AZ - APRIL 25:  Steve Nash #13 of the Phoenix Suns during the NBA game against the San Antonio Spurs at US Airways Center on April 25, 2012 in Phoenix, Arizona.  The Spurs defeated the Suns 110-106.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Christian Petersen/Getty Images)
Christian Petersen/Getty Images

The unexpected sign-and-trade deal that sent two-time MVP Steve Nash to the Los Angeles Lakers not only makes the Lakers an instant title contender, but really shakes up the point guard market.

The New York Knicks and Toronto Raptors both wanted Nash, and there will now be a trickle-down effect that impacts the rest of the NBA teams that are looking for a point guard, who must now turn to Plan B or in some cases Plan C.

Let's take a look at how Nash heading to Laker Land impacts the rest of the point guard market.

 

Phoenix Suns

It looks like the Suns moved quickly from Nash to Goran Dragic, who is probably the third best point guard available in this year's class behind Deron Williams and the 38-year-old himself.

According to ESPN, the Suns agreed to sign Dragic—who they once traded for Aaron Brooks—to a four-year, $34 million deal.

That's another point guard domino to drop.

 

Toronto Raptors

I wonder if they regret signing Landry Fields to an offer sheet now?

It seemed like a good plan to take the Knicks out of the running for Nash at the time, but they didn't see the Lakers coming.

With Nash and Dragic off the board, the Raptors could turn their attention back to trying to acquire Kyle Lowry from the Houston Rockets.

After all, Toronto has been linked to Lowry multiple times this offseason.

First, according to Marc Stein of ESPN, the Raptors were talking to Houston about acquiring the point guard during the draft. Ryan Wolstat of the Toronto Sun also speculated via Twitter that the Raptors could turn their focus back to Lowry.

With or w/out Nash, sources say, Raps will keep trying to trade for Kyle Lowry. Raps talked deals w/HOU at draft. Still want him either way

— Marc Stein (@ESPNSteinLine) July 4, 2012

New York's Jeremy Lin could also be an option here for the Raps.

 

Houston Rockets

Speaking of Lin and Lowry, that brings us to the Rockets.

With Lowry unhappy in Houston and the Rockets losing out on Dragic, they have now turned their attention to Lin. According to Adrian Wojnarowski of Yahoo! Sports, the team have offered him a four-year back-loaded deal.

Houston's multi-year offer to Jeremy Lin includes back-loaded money designed to hit the Knicks hard on luxury tax, source tells Y!

— Adrian Wojnarowski (@WojYahooNBA) July 5, 2012

The deal is designed to hit the Knicks hard in luxury taxes in three years, and while it's doubtful, they may have to let Lin walk due to financial concerns.

 

New York Knicks

A day ago, it looked like the Knicks could have both Nash and Lin next season. Today, there's a real possibility they could lose them both.

The next best option could be Raymond Felton, who the Knicks are the front-runners to sign, according to Frank Isola of the New York Daily News.

If they did, it would be the second time in three years that Felton signed with the Knicks.

He played the best basketball of his career during the 54 games he was in a Knicks uniform, before being included in the Carmelo Anthony trade.

However, that was in Mike D'Antoni's offense. He won't have that this time around.

In addition, the Knicks now almost have to match any offer for Lin, which would likely cripple them financially in three years.

 

Dallas Mavericks

The Knicks are big losers in all of this, but the Mavs may be the biggest losers of all by losing out on Williams, Nash, Dragic and possibly Lin.

For them, it's down to Jason Kidd or Ramon Sessions, who will now not be re-signing with the Lakers. Fox Sports Ohio's Sam Amico has reported that the Mavs do have interest in Sessions.