"The Knicks have had preliminary discussions about trading Toney Douglas to the Wolves for Jonny Flynn.

The Knicks are looking for "prototype point guard" to back up Chauncey Billups for at least next season, and may also have interest in Cavs guard Ramon Sessions (expendable with Baron Davis in town and Kyrie Irving likely to be drafted No. 1). Flynn's fantasy value could spike in New York, but it likely wouldn't happen while Billups is healthy."

"The Knicks have discussed a trade that would send Toney Douglas to Minnesota in exchange for Jonny Flynn.

Douglas is coming off major shoulder surgery, but he does expect to be playing by July. His range has improved and he's a solid defender, but he lacks playmaking skills and therefore makes a shaky backup PG, which is what the Knicks need. There is no deal imminent, but clearly both Flynn and Douglas are available for the right price."

"The NY Daily News reports that the Timberwolves "have been busy shopping Jonny Flynn and Michael Beasley, trying to get a center in return."
The Wolves may be expecting to draft Derrick Williams at No. 2, making Beasley expendable, and with Ricky Rubio inbound they don't need Flynn. They apparently turned down a chance to get Chris Kaman, which implies that they're setting their sights rather high -- and lends credence to their rumored "interest" in guys like Pau Gasol, JaVale McGee, and Andrew Bogut."

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"The Knicks reportedly do not feel that Landry Fields can be "a starting shooting guard on a playoff power."
Accordingly, they have added 'starting SG' to their list of needs, along with finding a backup PG and adding depth to the frontcourt. They can address their desire for a SG by taking Klay Thopmson on draft day, assuming he's available at No. 17."

"The Knicks are reportedly eager to draft Washington State SG Klay Thompson with the No. 17 pick.
Thompson "outperformed Jimmer Fredette in their June 2 Westchester workout," and fills a perceived need for the Knicks at SG. They could also take defensive specialist Chris Singleton, a forward from Florida State, but he's likely to be off the board by then. Other names mentioned as potential targets include Kansas PG Josh Selby, USC PF Nikola Vucevic, and UCLA swingman Tyler Honeycutt."

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