New York Knicks Reportedly Involved in Three-Team Deal to Aquire Tracy McGrady

Kyle McMorrowCorrespondent IFebruary 11, 2010

NEW ORLEANS - DECEMBER 26:  Tracy McGrady #1 of the Houston Rockets drives the ball around Tyson Chandler #6 of the New Orleans Hornets on December 26, 2008 at the New Orleans Arena in New Orleans, Louisiana.   The Hornets defeated the Rockets 88-79.   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 Chris Graythen/Getty Images)
Chris Graythen/Getty Images

According to Yahoo Sports and Frank Isola of the New York Daily News, the New York Knicks are involved in a proposed three-team deal that would send forward Al Harrington to the Washington Wizards.

Washington would then ship Caron Butler and Brendan Haywood to Houston, which would result in Tracy McGrady landing in the Big Apple.

The Knicks have struggled to close out games and are in desperate need of help if they have any intention of making the playoffs this season, especially since they do not own the rights to their first-round draft choice this year.

The proposal, however, does come with a catch.

Because McGrady earns a league-high $23 million this season, the deal would require the Knicks to include another high-salary athlete such as Eddy Curry, Jared Jeffries, Larry Hughes, or perhaps a combination of other players.

While Hughes is a free agent at the end of the year, Jeffries and Curry are signed to more complex deals, and are less appealing to prospective teams.

Curry has hardly played this year as he has been ravaged by injury. His health has been an issue since the Knicks acquired him a few years back.

Jeffries has actually earned a starting spot in New York this season, and leads the league in offensive fouls drawn.

If the Knicks can find some way to possiblely ship Curry or Jeffries in the deal, then they would acquire McGrady for the remainder of the season while allowing themselves to sign two-max contracts this summer.