Having used their mini mid-level exception to sign Pablo Prigioni and Metta World Peace, the Knicks' spending flexibility is limited, with the team only able to offer minimum-salary contracts. However, according to ESPN.com's Marc Stein (via Twitter), the Knicks are pursuing point guard Beno Udrih and are "trying hard" to convince him to accept the minimum.
Even with Prigioni back for 2013/14 and Raymond Felton still under contract, the Knicks are in the market for a third point guard after losing Jason Kidd to the head coaching ranks. The team has been linked to free agents like Sebastian Telfair, Delonte West, and plenty others who have since been signed by other clubs.
Udrih, however, seems to represent one of the best available options for the Knicks on the free agent market. After a stint as the starter in Sacramento, the nine-year NBA veteran has been a productive backup over the last two seasons for the Bucks and Magic, averaging 8.2 PPG, 4.6 APG, and a 14.2 PER in 66 total games for the two teams in 2012/13.