Per Vorkunov, New York has made it clear it's not looking to attach additional assets to facilitate a move.
Hardaway leads the Knicks in scoring at 19.6 points per game. While his scoring output is at a career high, his shooting percentage (39.3 percent) is among his worst showings—higher than only the 38.9 percent from his second year.
It hasn't been the easiest season for the 26-year-old guard. Hardaway missed a game in November with a back injury, and he has dealt with plantar fasciitis.
Meanwhile, Lee's no longer a part of the Knicks' regular rotation. The 33-year-old has made just 10 appearances this season, averaging 5.3 points in 14.9 minutes per game. He has not played since Dec. 27.
New York owns the second-worst record in the NBA at 10-35. On pace for a fifth consecutive 50-loss campaign, the franchise will likely miss the postseason for the sixth year in a row.
As a result, the Knicks may look to create cap space for free agency this summer.
Per Spotrac, the team owes Hardaway $18.2 million next season, and he holds a $19 million player option for 2020-21. Lee is under contract for $12.8 million next season. Vorkunov notes Hardaway's contract includes a 15 percent trade kicker.