Bulls Larry Hughs traded for Knicks Thomas, and James.

[RedsLakers24]

just in

[sribb43]

POSTED: Feb. 19 -- 1:17 p.m. ET




Marc Stein: Word is coming in that the Knicks are closing in on some new players.

It is not immediately clear if this would be two separate trades or a three-way exchange, but I'm hearing that Oklahoma City's Chris Wilcox -- who went back to the Thunder on Wednesday night when the Tyson Chandler trade was rescinded -- and Chicago's Larry Hughes are New York-bound.

To complete the transaction(s), Oklahoma City would get Malik Rose and Chicago would receive Tim Thomas and Jerome James.

Trying to nail it all down for you.

[1Parker1]

Ehh, doesn't really make either team better.