The rumored deal which would have seen Larry Hughes become a member of the New York Knicks fell apart on Wednesday, K.C. Johnson of the Chicago Tribune is reporting.

The deal was believed to involve Malik Rose and Jerome James.

After Chicago's trade with Sacramento on Wednesday, the Bulls only have 12 players. With Larry Hughes basically de-activated, the Bulls have less than this available. Hughes did not attend Wednesday's game against the Bucks.

Via Chicago Tribune

New York Knicks, Chicago Bulls

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