NY Knicks, Toronto Raptors Reportedly Discussing Kyle Lowry Trade

Grant HughesNational NBA Featured ColumnistDecember 12, 2013

USA Today

For the New York Knicks, desperate times call for desperate measures.

According to ESPN's Marc Stein, New York is talking to the Toronto Raptors about a possible trade that would bring Kyle Lowry to the Knicks:


UPDATE: Thursday, December 12 at 9:04 p.m. ET by Joe Flynn

As relayed by ESPN's Mike Mazzeo, the Nets are also hesitant to part with a first-round pick.

The Brooklyn Nets are interested in Kyle Lowry but are not willing to part with a future first-round pick in order to obtain the Toronto Raptors point guard via trade, sources told ESPN NewYork.com’s Ohm Youngmisuk. 

The Knicks and Nets are often playing a game of "Who can one-up the other?" and the results are rarely pretty. But if neither team is willing to give up a pick, then maybe the Knicks and Nets have learned from past mistakes.

There's always a chance, right?

---End of Update---


UPDATE: Thursday, December 12 at 5:56 p.m. ET by Grant Hughes


The latest report from Stein indicates that the Raptors are looking for a major return in a Lowry deal.

---End of Update---


UPDATE: Thursday, December 12 at 4:45 p.m. ET by Grant Hughes

Per Chris Broussard of ESPN, the Knicks are now shying away from surrendering a first-round pick in a deal to snare Lowry.

Parting with future assets hasn't been a hangup for the Knicks recently. Maybe that stance is finally changing.

---End of Update---


UPDATE: Thursday, December 12 at 4:05 p.m. ET by Grant Hughes

According to Adrian Wojnarowski of Yahoo! Sports, the Knicks are prepared to part with Raymond Felton, Metta World Peace and a 2018 first-round pick in the deal.

---End of Update---


The momentum behind the Knicks' increased interest in a point guard derives from Felton's hamstring injury, which should keep him sidelined for a few weeks, according to ESPN's Ian Begley. Even before Felton came up limping, New York's point guard position had been putting up some pretty lame production.

Head coach Mike Woodson hasn't seen fit to give Pablo Prigioni a bigger share of minutes, and Felton had been performing poorly as the starter.

Lowry would represent a massive improvement at the point. He's averaging 14.6 points and 6.7 assists with a 17.5 PER this year, per Basketball-Reference.com. All of those figures dwarf the ones Felton has produced so far.

But the Knicks aren't exactly flush with the kinds of coveted assets it might take to get a player of Lowry's quality.

Per B/R's Howard Beck, Toronto wants even more of what it already got from New York in the Andrea Bargnani deal earlier this year: first-round picks.

Unfortunately, the Knicks are running short on that commodity.

If New York is going to pull off a deal, it'll have to do so in a competitive market. According to Frank Isola of the New York Daily News, there are a handful of teams that are also pursuing Toronto's point guard.

That makes sense, as Lowry is a solid veteran whose $6 million salary will come off the books after this season. He's the rare player who could help a team as a short-term rental without compromising long-term flexibility.

The Knicks absolutely should be targeting Lowry, but the idea of giving away even more future first-rounders has to make them uneasy. And when you consider that Raptors GM Masai Ujiri is the same man who depleted those resources by foisting Bargnani on New York in the first place, it makes another deal between the two teams even harder to imagine.

You don't go back to the same used-car dealership that sold you a lemon without some serious reservations.

But the Knicks are looking for any way to help themselves, so another exchange with the Raptors could be on the way.