Knicks president Donnie Walsh recently rejected a three-team deal that would have sent Anthony Randolph to Indiana, a first-round pick to Portland and Rudy Fernandez to New York, according to a team source.
The Knicks have been linked to Fernandez, who wants out of Portland and has listed New York as one of his preferred destinations.
The Trail Blazers want a first-round pick for Fernandez, which means the Knicks need to get a third team involved.
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