Michael Scotto, who is an actual legit reporter so this is likely for real for him to be talking such detailed specifics, is reporting that the Knicks, Lakers and Raptors are talking about a three-way deal that end up with:
Lakers get Cam Reddish and Alec Burks.
Knicks get Goran Dragic and draft picks.
Raptors get Talen Horton-Tucker and Nerlens Noel.
Reddish can’t be combined with another player in a trade, but I assume that this deal takes that into account, so it’s really more like Reddish for pick and then Burks and Noel for Dragic.
This would clear a decent amount of cap space for this summer (something like $23 million, as I totally forgot that Taj’s money is non-guaranteed. Good call, CZ!), so that the Knicks could likely again sign a free agent before then re-signing Mitch to go over the cap (Mitch’s cap hold is miniscule, something like $3.2 million) and then extending RJ. So this could give them enough money to make a real run at Jalen Brunson, and if they free up even more money then even Miles Bridges could be a conceivable target. So that’s definitely nice.
It would be an abrupt shift in their plans, but since their first plan was a bad one, then a shift could be a much-welcomed turn.
The draft capital is the key here to see how good this particular deal is, but overall, I think it looks pretty much, like most Rose deals, “okay,” in that it works to basically erase his own mistakes, but using the charred Charlotte first rounder to do so (unless the Knicks somehow get a bunch of draft picks out of this deal). The end result could be a real positive if this deal goes down and they use the freed up cap space on someone like Jalen Brunson. I bet the Mavericks are a bit worried after seeing the rumors of this deal!