Donnie Walsh does not want to lock up players long term this offseason, and that said, he's going to use the mid-level exception and also explore sign and trade opportunities to land a point guard and some shot blocking help for the Knicks, the New York Post is reporting.
One potential target appears to be Monta Ellis of the Golden State Warriors. For Ellis to become a member of the Knicks, he would have to be a sign and trade since Ellis is a restricted free agent, and the Warriors are sure to match any offer for the young guard.
Other options include Sebastian Telfair, Kyle Lowry, Chris Duhon, Keyon Dooling, Tyronn Lue, and Kirk Hinrich although some are not free agents and would need to be acquired via trade.
Memphis has a glut of guards now that they acquired O.J. Mayo from Minnesota while Chicago is in a similar predicament after striking it lucky and drafting Derrick Rose first overall.
Via New York Post
New York Knicks, Golden State Warriors, Memphis Grizzlies, Chicago Bulls
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Mike Miller was stunned to learn late Thursday night that he had been traded from the Grizzlies to the Timberwolves, according to The Memphis Commercial Appeal.
"As late as it came down, I was more surprised," Miller, who was startled by a call from his agent, said. "I was stunned. When I went to bed, I didn't think anything would happen."
Miller flew to Minneapolis on Friday night to meet with his new team.
"If things don't go well, there's got to be a shakeup and movement," Miller said. "When you're in a situation like I was, I'm proud to be talked about in trade rumors. That means you're an asset."
Via The Memphis Commercial Appeal
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When the Knicks selected Italian forward Danilo Gallinari with the sixth pick, it may have signaled the end of David Lee's career as a Knick.
"I'm hearing the Knicks could be working on a deal with the Charlotte Bobcats to acquire point guard Raymond Felton for Lee," Frank Isola writes in his blog.
The Bobcats chose Texas point guard D.J. Augustin with the ninth pick. Augustin's game is consistent with Larry Brown's blueprint for an orchestrating point guard.
When Mike D’Antoni coached the Phoenix Suns, he reportedly did not want Lee because of the forward's lack of shooting ability.
Isola also reports that the Knicks had spoken to the Memphis Grizzlies about trading Lee and Malik Rose for the fifth pick.
Via New York Daily News
New York Knicks, Charlotte Bobcats, Memphis Grizzlies
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Grizzlies Jun 2008 Archive
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Houston Chronicle | Jun 27, 2008
Houston drafted Nicolas Batum from France at pick 25, but ended the night with Donte Green from Syracuse and Joey Dorsey from Memphis.
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ESPN | Jun 27, 2008
O.J. Mayo and Kevin Love didn't stay put for long as the Grizzlies and Timberwolves have reached an agreement on a trade involving the pair of recently drafted players.
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ESPN | Jun 26, 2008
The Grizzlies are looking to trade down, according to Chad Ford of ESPN.
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New York Post | Jun 26, 2008
Charlotte appears to be trying to move up to pick 5, with UCLA teammates Kevin Love or Russell Westbrook believed to be their targets.
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New York Daily News | Jun 26, 2008
There is speculation that either Seattle, who is picking at 4, or Memphis, who is picking at 5, will select Indiana guard Eric Gordon.
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Newsday | Jun 26, 2008
O.J. Mayo is coveted by the Knicks.
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The Memphis Commercial Appeal | Jun 25, 2008
The Grizzlies are looking to acquire the No. 2 pick from the Miami Heat but won't offer point guard Mike Conley in any offer.
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New York Post | Jun 25, 2008
New York has discussed a trade with Memphis about acquiring the fifth pick altogether, in dealing David Lee and Malik Rose for Brian Cardinal.
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ESPN | Jun 23, 2008
Marc Gasol claims that he is ready to move from a Spanish team to the NBA.
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The Rocky Mountain News | Jun 20, 2008
The Nuggets and Grizzlies are reportedly discussing a trade that would involve both players and picks.
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AS.com | Jun 20, 2008
Spanish website AS.com is reporting that Marc Gasol will sign a three-year contract with the Grizzlies.
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RealGM Staff Report | Jun 19, 2008
"He received the proverbial offer he could not refuse from his old team," said GM Chris Wallace.
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Memphis Commercial Appeal | Jun 19, 2008
Juan Carlos Navarro will earn between $20 million and $24 million over the next four years.
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RealGM Staff Report | Jun 17, 2008
The Memphis Grizzlies added Kevin O’Neill to the team’s assistant coaching ranks.
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The Miami Herald | Jun 16, 2008
The Sonics and Grizzlies are reportedly interested in trading with the Heat for the second overall pick in this month's NBA Draft.
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The Examiner | Jun 11, 2008
It's possible that the Memphis Grizzlies will make a run at Golden State guard Monta Ellis this summer.