A proposed trade between the Knicks and Rockets is losing steam, according to a person familiar with the talks.
"It's less likely than it was on Monday," said the source. "But you never know."
The Knicks are trying to clear as much cap space as possible for 2010.
"The plan was to get as many as we can," Mike D'Antoni said before last night's game against Chicago. "We want to be under the cap as far as we can go to get as much flexibility as we can get. I don't really know what that goes into, but that's the plan and that's what we're going to do. Whether we're there now and that's as good as we can do, then we're there now. Whether we can open up more room, we'll look at it. Nothing's off the table."
Multiple sources claim that Walsh has no intention of trading Jordan Hill.
"Donnie is not giving up on Jordan," said one Knicks source. "He told me he's not trading him."
Sources close to Hill tell Yahoo!, however, that the rookie expects to be traded if the Knicks agree to a McGrady deal.