The New York Knicks continue to target Ricky Rubio in trade talks.

Rubio has been shopped by the Minnesota Timberwolves since Tom Thibodeau was hired last offseason.

The Knicks are unlikely to re-sign Derrick Rose in the offseason and have been taking trade offers for him.

According to Marc Stein, the Knicks are seeking an additional piece from the Wolves to complete the Rose for Rubio trade. Stein updated at 12:37 PM that the two sides remain engaged on talks.

At 2:40 PM, Shams Charania reported talks have stalled between the Knicks and Wolves on Rose.