New York Knicks Closing in on Steve Nash

Mar. 16, 2012; Phoenix, AZ, USA; Phoenix Suns guard Steve Nash during game against the Detroit Pistons at the US Airways Center. The Suns defeated the Pistons 109-101. Mandatory Credit: Mark J. Rebilas-US PRESSWIRE

Just when it appeared that all possibilities of the New York Knicks acquiring two-time MVP Steve Nash, a day later it looks like the Knicks are the front-runners to land the All-Star point guard.

When the Toronto Raptors signed Landry Fields to a three-year offer sheet on Tuesday, it appeared that stuck a fork in the Knicks chances to acquire Nash via a sign-and-trade deal, as Fields was a guy the Suns had interest in.

But  according to Adrian Wojnarowski (via Twitter), the Knicks and Suns are in the “critical stages” of negotiating a sign-and-trade deal that would pay Nash $27-30MM for three years.

 

 

However it could come at the price of including guard Iman Shumpert in the trade.

ESPN.com’s Marc Stein tweets that the Knicks would prefer not to include Shumpert and are looking to include a third team to join the deal to avoid including him. However, they’ll include Shumpert if they have to, a source tells Stein.

 

In order to pay Nash a competitive salary and make a sign-and-trade palatable for the Suns, the Knicks will likely have to include Shumpert and a handful of players on expiring contracts, including Toney Douglas, Jerome Jordan, Josh Harrellson, and Dan Gadzuric.

Previous reports have suggested that if the Knicks do part with Shumpert in a sign-and-trade for Nash, it will likely be James Dolan’s decision, as most members of the team’s front office are reluctant to part with the young guard.

Keep checking back to Buckets Over Broadway as we will keep you updated with all the latest Knicks offseason rumors.

Follow Matt Shetler on Twitter for news, reaction and analysis from around the NBA.

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Topics: 2012 NBA Offseason, Iman Shumpert, NBA, New York Knicks, Steve Nash

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