NBA Trade Rumors: New York Knicks deal with Toronto Raptors for Kyle Lowry officially dead

Besides the trade rumors involving Omer Asik from this past week, the most talked about name in the NBA trade circles has been Toronto Raptors guard Kyle Lowry. The New York Knicks seemingly had a deal in place to acquire Lowry but got cold feet at the last second and pulled out of trade talks out of fear they were getting fleeced. The talks didn’t die then and continued to limp on but according to Howard Beck, they’re dead now.

This shouldn’t come as that big of a surprise as the Knicks were very reluctant to part ways with a draft pick to land Lowry and there was some rumored animosity felt from the Knicks towards the Raptors and GM Masi Ujiri. The tension apparently stemmed from the Carmelo Anthony trade Ujiri made with the Knicks which James Dolan feels was a trade he was forced into giving up too much to get done. New York’s reluctance to throw in the draft pick is tied directly to this rumored animosity but whatever the reason, the talks for Kyle Lowry are dead and if he’s moved out of Toronto, it won’t be to the Knicks.