NBA Rumors: Ray Allen and O.J. Mayo Reportedly on Knicks' Free-Agent Wish List

The New York Knicks are looking to add some firepower on the perimeter, and according to Mitch Lawrence of the New York Daily News, they've got some big names in mind.

Lawrence recently reported that the Knicks' free-agent wish list includes high-profile shooting guards Ray Allen, Jason Terry and O.J. Mayo.

While Allen appears to be the most desired (and expensive) option, all three would boost a Knicks offense that finished 11th in points per game and 21st in three-point field goal percentage last season.

Allen, the NBA's all-time leader in made three-pointers (2,718), is still deadly from beyond the arc. He shot 45.3 percent on threes this season for Boston, and although he struggled with injuries in the postseason, he proved he is still capable of changing a game with his shooting.

With his gorgeous form and history of burying clutch shots, Allen will have plenty of suitors this offseason. Lawrence suggested the Miami Heat and Chicago Bulls remain the Knicks' biggest competitors for Allen, while other reports have linked the sharpshooting veteran to the Los Angeles Clippers.

The Knicks can offer Allen the veterans' minimum of $1.4 million next season, but if Allen (who was on the books for $10 million this year) elects to take his talents elsewhere, New York will turn its attention to Mayo and Terry.

The 24-year-old Mayo averaged 12.6 points per game for the Memphis Grizzlies this season, while shooting 36.4 percent from the outside. Terry, who is 10 years older than Mayo, scored 15.1 per game for the Dallas Mavericks, while hitting 37.8 percent of his threes.

Both men present various pros and cons, but either would be a welcome addition to New York's lineup.