Restricted free agent Landry Fields signed a three-year offer sheet with the Toronto Raptors on Wednesday, his agent said.
The deal approaches $20 million. The Knicks will have three days to match Toronto's offer.
Raptors GM Bryan Colangelo told reporters Wednesday the Knicks are considering re-signing Fields, a third-year guard.
"The Knicks have informed me they are very interested in retaining Landry," Colangelo said, according to the National Post.
Fields' agent, Chris Emens, said he had no knowledge of the Knicks' plans to match, but "wouldn't be surprised" if they decided to go that route.
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