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The Knicks' offer to Courtney Lee is north of $10 million per year for 4 years, per sources. Many in the Knicks organization would love to see Lee sign, but New York will have competition from teams that can probably offer a contract with a higher annual value. Lee is considering other offers. After signing Joakim Noah, the Knicks project to have at least $12 million in cap space. That cap space can increase, of course, if they trade a player to a team that has enough cap space to absorb the contract. In addition to Lee, the Knicks have shown interest in Austin Rivers and Eric Gordon, per sources. They have also had contact with Dwyane Wade, according to ESPN's Brian Windhorst.

Ian Begley, ESPN Staff Writer8y ago