New York Knicks, Washington Wizards Talking Trade With No. 5 Pick

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New York Knicks, Washington Wizards Talking Trade With No. 5 Pick
(Photo by Streeter Lecka/Getty Images)

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The New York Knicks are currently discussing a blockbuster draft trade with the Washington Wizards. Rumors have swirled that the Knicks would acquire the Wizards' fifth pick and while being able to keep the No. 8 pick as well.

The Knicks covet Stephen Curry and there is no guarantee he will be there at eight. Wilson Chandler, would likely be involved in the deal as he has showed his potential last season. The 6′8″ swing-man had a breakout season averaging 14.4 points, 5.4 rebounds and 0.9 blocks. Chandler is just 22 years old and is under contract for the next three seasons.

However, the Knicks would rather trade ex-Wizard players Larry Hughes and Jared Jeffries. This past season the Wiz tried to trade for Hughes, then on the Bulls, for Mike James and Etan Thomas.

They also inquired about Jeffries during the trade deadline. However, moving Jeffries will be difficult since he is owed $13.2 million dollars over the next two seasons.

Hughes was productive in Washington averaging a career best 22 points during the 2004-05 season. The team made the second round of the playoffs that season and again would form a formidable back court with Gilbert Arenas. Hughes has one year left on his contract and is making a team high $13.6 million.

James and Thomas have expiring contracts that total $13.7 million for next season. The two players would provide the Knicks with shooting, rebounding and size. If the Knicks are targeting Arizona F Jordan Hill with the eighth pick then they should look into acquiring C Brendan Haywood instead of Thomas.

If the Knicks draft Hill, it would allow the Knicks to trade David Lee. Haywood also has an expiring contract and will make $6 million next season. The seven-footer is a season removed from setting career highs in points, rebounds and blocks.

Possible scenarios:

1. Peter Vecsey writes the Knicks can trade for the fifth pick and parlay the pick with No. 8 for No. 2 (Knicks could draft Hasheem Thabeet or Ricky Rubio here).

2. With two picks in the top eight picks, the team could draft a combination of Stephen Curry and Jordan Hill/Jrue Holliday/Tyreke Evans/Johnny Flynn. However, this all changes if Rubio slips to five.

3. These trades do not happen and the Knicks draft the best available player at eight.

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