Report: Knicks looking into trading Iman Shumpert for first-round pick

Iman Shumpert is in trade rumors again.
Iman Shumpert is in trade rumors again. (USATSI)

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The New York Knicks have explored trading swingman Iman Shumpert for a first-round pick in this Thursday's 2014 NBA Draft, according to ESPN's Marc Stein. Due to previous trades, they have no picks, and it looks unlikely that they'll be able to buy one with the $1.8 million they can use, per Ken Berger of CBSSports.com, who also reported that they are targeting Tyler Ennis and P.J. Hairston.

New York reportedly came close to trading Shumpert to the Oklahoma City Thunder at the trade deadline, and the Los Angeles Clippers were in the mix as well. The Thunder have the No. 21 and No. 29 picks, and the Clippers have No. 28. The Bulls, Jazz, Hornets and Suns all have multiple picks and thus would also be logical trade partners.

The Knicks don't have a lot of assets or young players, so moving the 23-year-old Shumpert might seem perplexing. There's no guarantee New York would wind up with a better player than him late in the first round. This might be more about next summer than next season, though. It looks like Knicks president Phil Jackson's plan is to add a big-name free agent in 2015, and in that offseason he would have to give Shumpert a $3.7 million qualifying offer to make him a restricted free agent. Removing him from the equation would simplify things a bit. 

CBS Sports Writer

James Herbert is somewhat fond of basketball, feature writing and understatements. A former season-ticket holder for the expansion Toronto Raptors, Herbert does not think the NBA was better back in the... Full Bio

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