Knicks Rumors: Latest Trade Buzz, Possible Return of Metta World Peace and More

Sean ODonnellContributor IIIJuly 22, 2014

OAKLAND, CA - MARCH 30: J.R. Smith #8 of the New York Knicks in a game against the Golden State Warriors on March 30, 2014 at Oracle Arena in Oakland, California. 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 Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2014 NBAE (Photo by Rocky Widner/NBAE via Getty Images)
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It's already been a busy offseason for the New York Knicks.

New team president Phil Jackson has already worked a great deal of magic with the franchise by keeping Carmelo Anthony in the fold and acquiring Cleanthony Early through the draft in what appears to be a second-round steal. But he isn't done yet.

Jackson is still aiming to bolster the team's roster in a variety of ways, including both trades and free-agent acquisitions.

Based on rumors recently surfacing around the Web, let's take a look at what the Knicks' next moves may be.


Backcourt Makeover

SALT LAKE CITY, UT - MARCH 31:  J.R. Smith #8 of the New York Knicks during the game against the Utah Jazz at EnergySolutions Arena on March 31, 2014 in Salt Lake City, Utah. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or
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The Knicks currently have a surplus problem in their backcourt. A bevy of shooting guards is at the team's disposal—each with different skill sets—and the team is looking to balance its roster.

According to Ian Begley of, trading one—or possibly more—guards may be the solution to New York's dilemma:

Working to clear the logjam in the backcourt, the Knicks are discussing their potential trade options with guards J.R. SmithIman Shumpert and Shane Larkin, a league source said Sunday. 

"They're working on trying to make a move in the backcourt," the NBA source familiar with the Knicks' thinking said Sunday. 

One thing has been made clear to this point: Begley's source mentioned Tim Hardaway Jr. is "virtually untouchable." It appears as though he'll be staying put.


Return of Metta World Peace?

David Zalubowski/Associated Press

Jackson's arrival in New York has been noticed by everyone. Yes, that includes the team's former small forward Metta World Peace.

In a recent report from Marc Berman of the New York Post, the free agent is very interested in returning to the team and reuniting with Jackson:

World Peace is eager to reunite with his former Lakers coach, Phil Jackson, and his former Los Angeles teammate, coach Derek Fisher, and erase the bitter memory of his original homecoming.

"[World Peace] has the utmost respect for Phil and Derek," his agent, Marc Cornstein, told The Post. "There’s a history there. They know he's out there."

The Knicks do know he's out there.

Berman also wrote the team has "discussed whether to extend a training-camp invitation to Metta World Peace on a mostly non-guaranteed deal." certainly thinks it's a logical fit:

This move really may not be a bad option for New York. The team does need a larger small forward due to a lack of depth at the position, and the 6'7" World Peace could be a nice rotational piece.


Knicks Looking at Dahntay Jones

Dave Tulis/Associated Press

Despite looking to offload some of the team's current shooting guards, Jackson and Co. are expected to bring in another for a workout, according to Frank Isola of the New York Daily News:

He reports, "Free agent Dahntay Jones is expected to work out for the Knicks this week as the shooting guard/small forward attempts to make a comeback after sitting out last season due to injury."

Jones remains on the market after meeting with the Los Angeles Clippers earlier this month, according to Alex Kennedy of Basketball Insiders:

He could be a valuable addition due to his veteran experience and leadership qualities on a team lacking that kind of presence.

A known friend of Anthony's, the small forward could be a big reason for Jones earning a workout. Isola reported the two kept in touch even before Anthony re-signed with the Knicks.

Jones is coming off a season-ending injury, so his workout will play a big role in his potential addition to the team.