Rockets mulling over offers for T-Mac (UPDATED)
Old 02-17-2010, 12:21 AM   #1 (permalink)
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Question Rockets mulling over offers for T-Mac (UPDATED)

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New York has been atop McGrady's wish list since his camp and the Rockets mutually agreed in December to part company and search for a workable trade before the deadline. Yet sources say that the Knicks are being asked to part with rookie forward Jordan Hill and possibly multiple future first-round picks to convince Houston to take back Jared Jeffries' $6.9 million contract for next season, which is the only way New York can make the deal happen without recruiting a third team to help facilitate the deal.


ESPN.com's Chad Ford reported earlier Tuesday that the Knicks -- even though shedding Jeffries' contract would be a massive boost for their 2010 free-agent plans -- were trying to get Houston to agree to a package of Larry Hughes Jeffries and Hill for McGrady, Joey Dorsey and Brian Cook, without including a 2012 first-round pick.
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Although the complete specifics of the Bulls' proposal could not be immediately confirmed, Chicago has multiple expiring contracts to package in a deal for McGrady's $22.5 million expiring contract. Those include longtime Rick Adelman favorite Brad Miller, Jerome James and the increasingly coveted Tyrus Thomas, who is being pursued in separate trades by several teams, including New York, San Antonio and Denver.


The Chicago Tribune reported on its Web site Tuesday night that the Bulls were still trying to recruit a third team interested in Kirk Hinrich to participate in a McGrady deal, since the Rockets are unwilling to take on Hinrich. One source told ESPN.com that Miller and Thomas are the Bulls most coveted by Houston, which has also resisted the Bulls' attempts to include John Salmons in the trade.
LINK - ESPN.com
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Old 02-17-2010, 01:09 AM   #2 (permalink)
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The New York Knicks are finalizing a deal to acquire Houston Rockets forward Tracy McGrady, an NBA source told SI.com.

The framework of the deal involves sending McGrady to New York for forward Jared Jeffries, guard Larry Hughes and forward Jordan Hill. The Knicks and Rockets have agreed to swap 2011 first round picks and the Knicks will send the Rockets their first round pick in 2012.

The only outstanding issues involve protection for the draft picks.

The deal could be completed as early as tomorrow.
LINK - SI.com

Apparently this would give the Knicks about $9.5 million in additional salary cap room which gives them enough cap space to offer two max contracts.
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