Lakers, Knicks, Raptors Have Discussed Possible Three-Team Trade

7:08am: In a full story on the talks involving the Lakers, Knicks, and Raptors, Scotto says Toronto has discussed sending a first-round pick to New York, while Los Angeles has talked about sending a second-round pick. The Knicks have sought additional draft compensation, according to Scotto.

The new details from Scotto are a little surprising. Based on the underwhelming seasons Noel and Horton-Tucker have had, and the guaranteed money left on their contracts beyond 2021/22, including a first-round pick seems like a steep price for the Raptors. I’d also be pretty shocked if the Lakers could make this move without giving up more draft assets beyond a single second-rounder.

6:40am: The Lakers, Knicks, and Raptors have engaged in talks about a possible three-team trade, sources tell Michael Scotto of HoopsHype (Twitter link).

According to Scotto, the framework the teams have discussed would see the Lakers get Cam Reddish and Alec Burks, the Knicks acquire Goran Dragic and draft capital, and the Raptors receive Talen Horton-Tucker and Nerlens Noel. It’s also possible Lakers guard Kendrick Nunn could find his way into the hypothetical deal, Scotto adds.

It’s an intriguing concept. The struggling Lakers would get a couple players capable of immediately stepping into the rotation and playing alongside their stars; the slumping Knicks would move off a series of players on multiyear deals in exchange for an expiring contract and more draft assets; and the Raptors would turn Dragic’s expiring contract into a veteran center in Noel and a young prospect in Horton-Tucker, who hasn’t played well this season but is still just 21 years old and has some upside.

While Scotto doesn’t specify one way or the other, the draft picks going to New York in the proposed deal would presumably come from the Lakers, based on the players changing hands. Based on a combination of their contracts and recent production, Reddish and Burks have the most trade value of any of the players included in this trade scenario. Los Angeles has the ability to offer either a 2027 or 2028 first-round pick, as well as second-rounders.

It’s worth noting that the NBA’s trade rules wouldn’t prevent the Knicks from being able to flip Reddish in a deal like this one even after acquiring him less than a month ago, since the structure of this trade wouldn’t require him to be aggregated with any other players for salary-matching purposes — New York could use Noel and Burks to match Dragic’s incoming salary.

Jake Fischer of Bleacher Report (Twitter link) has also heard that the Lakers and Raptors have talked about Horton-Tucker and says Toronto has been “quite active” in trade discussions. However, Fischer notes that the Raptors have explored many Dragic-related scenarios and downplays the idea that any talks with Los Angeles have gotten too serious yet.

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