New York Knicks: Can the Knicks Actually Land Chris Paul

David Gelt@@biggeltContributor IIDecember 1, 2011

LOS ANGELES, CA - APRIL 26:  Chris Paul #3 of the New Orleans Hornets reacts late in the fourth quarter while taking on the Los Angeles Lakers in Game Five of the Western Conference Quarterfinals in the 2011 NBA Playoffs on April 26, 2011 at Staples Center in Los Angeles, 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 the Getty Images License Agreement.  (Photo by Harry How/Getty Images)
Harry How/Getty Images

Amid all of the speculation about what will happen to big time stars in smaller markets, we may finally have an answer. Chris Paul's agent has told the Hornets front office that the four-time All-Star point guard would like to be traded to the New York Knicks.

Paul's agent also said that the 2006 Rookie of the Year will not sign an extension with New Orleans leaving this trade as the only option for a team not in championship contention in any way. But what would the Knicks have to offer to make a deal happen?

The first issue for this potential blockbuster trade is cap space. With Amare Stoudemire and Carmelo Anthony already on the books making $18 million each, and Chauncey Billups earning $14 million, it is hard to find room for the $16 million Paul is scheduled to make.

The second and more major issue is what the Knicks would give up to land the superstar. It is hard to imagine the Knicks would make anybody untouchable other than Stoudemire and Anthony, but even then do they have enough?

When New York acquired Anthony and Billups last season, they sent multiple young talents to Denver, Danilo Gallinari and Wilson Chandler most notably. They were hesitant to deal Landry Fields, but if they are to land Paul, Fields would have to be included in the deal.

The Knicks have also already dealt both their first and second round pick in the 2012 draft, and their 2014 and 2016 first round picks.

If this deal is going to happen, the Knicks are going to have to send Fields, Billups, possibly Toney Douglas, their 2013 first round pick and a 2014 second rounder and it will still be tough.

The Knicks have one advantage, however. The Hornets have to move Chris Paul if they want to get anything out of the deal. Fasten your seat belts boys and girls, this is going to be interesting.