Knicks and Jazz hold trade talks with Donovan Mitchell

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Knicks and Jazz hold trade talks with Donovan Mitchell

The Jazz and Knicks have entered talks about a potential trade to send three-time NBA All-Star Donovan Mitchell to New York, sources say the athlete.

The Jazz are in talks with several teams over a Mitchell deal, but the Knicks have emerged as a target in recent days, sources said. Both sides have been discussing a deal framework for the past 24 hours, these sources said.

The Knicks have eight future first-round picks — four their own and four traded — that they can use in a pack. New York also stocks young players like Quentin Grimes, who is believed to be of interest to Utah, sources said.

The Jazz, who saw their NBA title window close last season with a six-game loss to the Dallas Mavericks in the first round of the playoffs, are focused on preserving draft picks and younger players keen on rookie deals . Sources say the Jazz have made all of their veteran players available in trade talks and there are currently no untouchable players on the list. Guards Patrick Beverley, Malik Beasley and Jordan Clarkson have been hounded by teams across the league in recent weeks.

Following blockbuster Rudy Gobert’s move to Minnesota, where four-handers were sent to Utah, the Jazz have as many as 11 first-round draft picks by 2029 and appear poised to acquire even more in a Mitchell deal to get one full rebuild to start in a new era under CEO Danny Ainge and head coach Will Hardy. It appears that draft compensation is a target in a potential deal.

“You’re over the wheel, no draft picks, and our team loses in the first round,” Ainge said on Saturday. “It wasn’t fun for us. We want it to be fun for our fans and our players, but we just haven’t had a lot of flexibility to do anything lately.”

Miami has also expressed an interest in Mitchell but has only two first-rounders available to trade and a potential centerpiece in Tyler Herro, who is eligible for an overtime. Because of this, the Heat would likely need to include a third team in a trade to provide the Jazz with the draft compensation needed to make them feel motivated enough to trade Mitchell.

The Knicks don’t have this problem, mainly because of the nocturnal train movements. They have the draft capital and young players needed to engage jazz in trade talks. New York is motivated to give jazz a meaningful package. But the Knicks are wary, sources say, of giving away jazz’s proverbial treasure. They would happily walk away from a potential deal with the front-end talent and depth required to be a factor within the Eastern Conference.

The Knicks have an incredible interest in a talent and a leader like Mitchell, who has the qualities to become the face of the franchise and a star in New York City. Mitchell was born in Elmsford, NY and often spends his free time in the NYC area. Three of the NBA’s bright stars have been speculated as targets for the Knicks since basketball operations president Leon Rose took over: Mitchell, Karl-Anthony Towns of Minnesota and Devin Booker of Phoenix.

Now the Knicks are ready to pursue Mitchell in earnest. He would be the most recognized homegrown star the Knicks have had since Stephon Marbury, who grew up in Coney Island, comes from a long family line of star players and won a city title at Madison Square Garden in high school.

Utah had long expressed a desire to keep Mitchell to try and build around him. Utah’s bar for dealing with Mitchell is high, and according to league sources, the asking price in initial discussions was indeed substantial.

(Photo by Donovan Mitchell: Sarah Stier/Getty Images)

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