Rockets, Knicks and T-Mac talk

February, 17, 2010
2/17/10
3:09
PM ET
Ford By Chad Ford
ESPN.com
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McGrady

The Knicks and Rockets spoke Wednesday morning about a potential Tracy McGrady trade. Sources familiar with the negotiations told ESPN.com that although the Knicks told the Rockets they remain interested in acquiring the shooting guard in a deal for Larry Hughes and Jared Jeffries, they are still unwilling to meet all of the Rockets' demands -- cap relief, Jordan Hill, the swapping of 2011 first-round picks and the Knicks' 2012 first-round pick.

"We'd like McGrady and the cap relief," one Knicks source said. "But the Rockets are asking for too much. We're willing to pay a premium to make a deal. But the price right now is still too high."

According to the source, the Rockets are still looking for other partners. The Bulls have been mentioned as a possibility, but sources believe their offer is less attractive than the Knicks' -- even if the Knicks don't give the Rockets everything they're asking for.

To see dozens of the NBA trade rumors check out NBA Rumor Central. Insider

Chad Ford

Senior Writer, NBA Insider

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