Last night, the New York Knicks traded Jared Jeffries, Dan Gadzuric, and a 2016 second round pick to the Portland Trail Blazers for Raymond Felton, Kurt Thomas, and the rights to two players currently playing overseas in Europe. With the trade, the Knicks have agreed to an extension with Felton worth $10 million over the next three years. The team also signed point guard Jason Kidd this summer so the real question is what's going to happen to restricted free agent Jeremy Lin? Houston Rockets have offered Lin a 3 year deal worth $25 million in which the Knicks have until 11:59 P.M. on Tuesday to match.
