The New York Knicks rejected the Oklahoma City Thunder's offer of their 2014 first round draft pick to acquire Iman Shumpert, according to sources.

The Knicks wanted an active player in return for Shumpert and deemed the guard more valuable than the late first round choice that the Thunder offered.

Doc Rivers was willing to trade Darren Collison, Byron Mullens, Matt Barnes and two second round picks to the Knicks for Shumpert, Raymond Felton and Beno Udrih, but Donald Sterling and others within the Los Angeles Clippers were hesitant to deal for an injured Shumpert.

Shumpert is expected to return on the trade market around the June draft.