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 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.