NBA Trade Rumors: James Dolan nixes potential Kyle Lowry trade

Changes are coming for the struggling New York Knicks.

At least they were supposed to be coming until Knicks owner James Dolan got involved.

Sep 25, 2013; New York, NY, USA; President and CEO of cablevision systems corporation and executive chairman of The Madison Square Garden company James Dolan looks on during a press conference to announce the 2015 NBA All-Star weekend in New York City at Industria Superstudio. The skill competition will be held at the Barclays Center and the All-Star game will be held at Madison Square Garden. Mandatory Credit: Joe Camporeale-USA TODAY Sports

According to Frank Isola of the New York Daily News, the Knicks had reached a decision on Wednesday to acquire point guard Kyle Lowry from the Toronto Raptors.

However, Dolan had second thoughts about the trade on Thursday and has vetoed it for now, Isola says.

In addition to second-guessing the move, Dolan was “enraged” that details of the proposed swap had been leaked to the media, according to the Daily News report.

Adrian Wojnarowski of Yahoo! Sports reported on Thursday that the Knicks and Raptors had discussed a package of Raymond Felton, Metta World Peace, and a 2018 first-round pick for Lowry.

That proposed deal couldn’t have been made until Sunday when free agents signed over the summer, in this case World Peace, are eligible to be traded.

That gives Dolan time to reconsider his stance, but reports suggest he is unwilling to deal another pick.

“There are two problems,” said Isola’s source. “Dolan didn’t like that someone from his group leaked it to the media, and the other problem is the Knicks seem to have too many (people) involved with making decisions.”

Isola also notes that Dolan “didn’t want to get fleeced again by Masai [Ujiri],” considering Ujiri make the Knicks severely overpay for both Carmelo Anthony and Andrea Bargnani.

It’s worth noting that the Raptors are said to be seeking either Iman Shumpert or Tim Hardaway Jr. if New York is unwilling to include a future first-round pick in its offer.

Whether you like the potential deal for Lowry or not, the fact that Dolan is playing general manager again is a scary proposition for the rest of the season.

 

Topics: James Dolan, Kyle Lowry, Nba Trade Rumors, New York Knicks

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