After making All-Star guard Kemba Walker available for trades, the Hornets 'would like to' open negotiations with the Knicks, according to Ian Begley of ESPN.
According to Begley's report, talks haven't really gotten off the ground between the clubs. The Hornets want either a young player or draft pick while also shedding another contract, perhaps Marvin Williams, Nic Batum or Michael Kidd-Gilchrist.
The Knicks have a few young players, like Frank Ntilikina and Willy Hernangomez as well as their first-round draft pick this summer, but don't particularly have the room, or desire, to add cap space.
Walker, 27, is averaging 21.7 points on 42 percent shooting with 5.8 assists per game. He is owed $12 million this season and $12 million next season before becoming an unrestricted free agent after the 2018/19 season.
If the Hornets relent on their desire to shed another contract, the Knicks could make Walker's contract work by sending Doug McDermott and Kyle O'Quinn, both expiring contracts, to Charlotte with their first-round pick.