1:02pm: Ken Berger of CBSSports.com also downplays New York’s pursuit of Teague, though he says it’s because of the Knicks’ lack of assets (Twitter link).
TUESDAY, 8:24am: Marc Berman of the New York Post throws cold water on the story, writing that the Knicks are expected to pass on Teague out of concerns about his long-term deal. He also hears that the Raptors, Hawks and Knicks didn’t have talks about the three-way deal involving Lowry, whom Toronto probably won’t trade, according to Berman. Still, the Knicks would love to flip Shumpert for a point guard, and that desire has grown stronger than the team’s pursuit of a backup center, Berman writes.
2:02pm: New York is continuing to try to pry Lowry away from the Raptors, offering packages that include Felton, Iman Shumpert and Beno Udrih, Begley reports. The Knicks have been reluctant to offer Tim Hardaway Jr. or a first-round draft pick, but the Raptors are believed to be demanding at least one of the two, Begley writes. The Knicks, Raptors and Hawks have had preliminary discussions about a three-team deal that would provide the Raptors with the first-rounder they’re apparently seeking, according to Begley. Such a deal would send Teague to the Raptors, Shumpert to the Hawks and Lowry to the Knicks, sources tell Begley, who notes that it’s also still a possibility that Teague winds up with the Knicks.
1:03pm: The Knicks are focusing on upgrading their point guard position at the deadline, and Jeff Teague is a new target, according to Marc Stein of ESPN.com (Twitter links). Ian Begley of ESPNNewYork.com seconds the report, via Twitter. Hawks GM Danny Ferry apparently isn’t enamored with the four-year, $32MM offer sheet that Teague signed with the Bucks this past summer, goading the Hawks into matching it. Because the Hawks matched the offer sheet, Teague can veto any trade this season, as Stein points out (on Twitter).
New York renewed efforts to extract Kyle Lowry from the Raptors last week, but the Knicks have become convinced the Raptors won’t deal him, Stein tweets. Incumbent Knicks point guard Raymond Felton is averaging a career-low 10.4 points as New York sits two and a half games out of the final playoff spot in the Eastern Conference.
Teague, by contrast, is putting up a career-best 15.6 points per game, and he’s also matching his high of 7.2 assists per contest. The Hawks are fifth in the East, but are below .500 at 25-26.