Discussions continued Wednesday between the New York Knicks and the Phoenix Suns on a sign-and-trade deal to bring Steve Nash to the Knicks, according to sources briefed on the discussions.

But as of 1 p.m. ET, no deal had been consummated, despite what sources describe as the Suns' clear interest in young Knicks guard Iman Shumpert as the headliner in a deal for Nash.

One source close to the talks told ESPN.com: "The Knicks don't want to trade (Shumpert), but they will if they have to. They want Nash."

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