The New York Knicks remain interested in trading for Ricky Rubio.
The Knicks were close to completing a deal near the trade deadline centered around Derrick Rose for Rubio.
If New York renounced its rights to Rose after July 1, it could open up enough cap space to absorb Rubio’s 2017-18 salary ($14 million).
The Knicks have interest in drafting a point guard at No. 8 but trading for Rubio would perhaps change their calculus.