The Toronto Raptors have been offered a first-round pick in exchange for Bruce Brown Jr., sources told Michael Grange of Sportsnet.
Grange describes the Knicks as a "likely landing spot" for Brown.
The Knicks are offering a first-round pick in the upcoming draft, though the Raptors already have four picks in the top 31 selections in this draft and are looking for a first-round pick in a future year.
Brown has most recently been linked with the Jazz.
The Raptors are also looking to trade Chris Boucher.