The New York Knicks are interested in Milwaukee Bucks shooting guard Monta Ellis, but the chances of landing him are slim, CBS Sports reported.
Ellis, 27, recently turned down a two-year extension from the Bucks that would have paid him $11 million per year. The Knicks only have a $3.2 million mid-level exception to spend due to the salary cap.
However, Ellis' agent Jeff Fried has indicated in the past that Ellis is willing to take less money to be on a contender. Also, the Knicks would have more money available if they lose free agent guard J.R. Smith.
The Chicago Bulls, Denver Nuggets and San Antonio Spurs are also reportedly interested in Ellis.
The Knicks acquired center Andrea Bargnani from the Toronto Raptors for Marcus Camby, Steve Novak and draft picks but the deal cannot be made official until July 10.
The Bucks have placed a priority on re-signing point guard Brandon Jennings. Also, the team may sign-and-trade unrestricted free agent J.J. Redick.