Berman: Blazers Turn Down Knicks Offer for Papanikolaou, Want First-Round Pick
Marc Berman of the New York Post is reporting the Knicks and a handful of other teams are interested in acquiring Greek small forward Kostas Papanikolaou
, whose rights the Trail Blazers received from the Knicks as a part of the Raymond Felton trade.
The Knicks have offered future second-round picks and future considerations (cash) to Portland in an attempt to regain the rights to small forward Kostas Papanikolaou, according to sources.
The Trail Blazers have rebuffed the Knicks and were asking for their 24th pick in a swap with Portland’s 39th pick Thursday night to pony up the 6-foot-9 Greek.
According to sources, Papanikolaou, who won his second straight
Euroleague championship for Olympiakos last month, is being shopped by
the Blazers — at the request of his agent, Marc Cornstein.
According to sources, Portland has received offers for Papanikolaou
from others teams with picks in the late 20s. It appears Portland GM
Neil Oshey wants to wait until draft night to determine who is
available. The Blazers believe if Papanikolaou were in this year’s
draft, he’d easily be a first-rounder.
“His strong desire is to
play in the NBA next season,’’ Cornstein told The Post yesterday. “He’s
won two straight Euroleague titles. If that can’t happen in Portland,
maybe it can happen somewhere else.’’
There have been rumors for a while that the Blazers would try to trade Papanikolaou's rights
. I'm just surprised that, from the sound of it, they're going to get a first-rounder out of it. Even in a weak draft, that's a hell of a deal.
Not only did that sign-and-trade for Felton, who was never going to play again for the Trail Blazers anyway, net Portland the trade exception that turned into Eric Maynor, but it sounds like they could very well end up with a first-round pick out of it as well. That's as good of a return on investment as you're going to get.