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Knicks Owner Vetoed Kyle Lowry Trade

It was almost a given that Kyle Lowry was heading to the New York Knicks this week, Lowry himself knew his days in Toronto were numbered. Well, today Knicks owner James Dolan vetoed a trade that would send Iman Shumpert, Metta World Peace and Raymond Felton to the Raptors for Kyle Lowry!

As per the NY Daily News:

Within the span of 15 hours, the Knicks had reached a decision to acquire Toronto Raptors point guard Kyle Lowry before the trade was vetoed — at least for now — by Garden chairman James Dolan, the Daily News has learned.

According to a source familiar with the talks, Dolan had second thoughts about trading for Lowry and was also — what else? — enraged that details of the proposed deal had been leaked to the media.

According to several reports, the Knicks were prepared to trade Raymond Felton and Metta World Peace plus Iman Shumpert or Tim Hardaway Jr. or a 2018 first-round pick. The Raptors preferred the first-round pick, but Dolan — who negotiated the Carmelo Anthony trade with Raptors GM Masai Ujiri when Ujiri was with the Denver Nuggets — got cold feet about trading a future asset. That could open the door for the Brooklyn Nets to acquire Lowry instead.

“Dolan didn’t want to get fleeced again by Masai,” was how one Knicks source put it. “They had a deal ready.”

The Nets and Warriors are now interested in Kyle Lowry. Stay tuned.

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