A team source told the New York Daily News that the Knicks will offer David Lee a four-year deal worth $32 million.

Lee, a restricted free agent, is believed to be seeking $10 million per year.

The Knicks want to retain Lee, but are also trying to preserve financial flexibility for the summer of 2010.

"There's no question he'd love to stay in New York," agent Mark Bartelstein said Tuesday. "But you are only a free agent so many times in our career, especially in the prime of your career."

Via New York Daily News

New York Knicks

Read the Full Story Discuss Send Feedback Buy Tickets