The Knicks are involved in two rumors this morning.
1. Jeffries to the Wizards. This would be a terrific salary slashing move that would go a loooooong way towards enabling the Knicks to keep Lee and sign Lebron. The salary matches in this deal (assuming it’s a one-for-one) are one of Mike James, Brendan Haywood, or Etan Thomas. Who cares which, honestly.
2. Larry Hughes to the Knicks. Various iterations of this trade have made the rounds. In one form, the Knicks send back Jerome James and Malik Rose. In another, the deal expands to include Lee and Jeffries, and the Knicks take back Joakim Noah. I’d be ecstatic if this happened. For one, Jo Noah would quickly put up Lee numbers or better, but with more blocks and toughness on D. What’s more is that the Knicks wouldn’t have to extend him this summer or even in the summer of 2010. So not only would the Knicks replace Lee with a tougher, younger version of Lee, they’d save money by not having to re-sign Lee and also would lose Jeffries.
At that point, the Knicks wouldn’t have to worry about finding a taker for Curry. They would be far enough under the cap even with Curry to sign two max free agents in 2010, while fielding a core of Gallo, Chandler, Noah, and the 2009 draft pick. Unfortunately, the buzz is that this deal is dead. I hope it gets revived.