Dallas-based rumour of Wes Matthews for Tim Hardaway Jr. I'd suggested this deal over the summer, before Timmy showed out a bit. Dallas guy said a second rounder as well. Not sure there's anything to it, tbh, but it still makes sense for the Knicks.
This trade would give the Knicks the freedom to sign a max contract while likely keeping all of Frank, Knox, Mitch, Trier, Dotson, Mudiay and Vonleh (unless Mudiay keeps going for 30 every now and again, or Vonleh wants a deal north of MLE money).
Moving Courtney Lee means you give up at least one of those guys (losing one other than Dotson and Mitch, whose contracts are pennies) if you sign a big name.
Move both Lee and Timmy, and you've got the space to not only sign a big name but to bring in an MLE-sized contract as well (Kanter, if you really want, or a wing, depending on who you draft).