I hate when people post ridiculous trade ideas, but I really feel this makes sense for both teams. This would be a draft day trade as the Nets wouldn't be able to take on Amare's money until some of their contracts expire.
The Nets are crazy desperate. They are on the brink of losing D-Will in free agency, and entering Brooklyn with a team that rivals their 12-70 team from a couple years back. This would be incredibly embarrassing for the franchise.
As for the Knicks, while Amare has looked better as of late, he is injury-prone and not worth 3 more years at $60M. The Knicks are MUCH better defensively without Amare, and this year Amare has not made up for that with his offense. Some cap flexibility and more well-rounded players would benefit the Knicks more the Amare does.
D-Will agrees to stay with Nets if they should acquire Amare, forming a pretty amazing P&R tandem. Nets go into Brooklyn with a playoff-caliber team, as opposed to another potential 12-70 embarrassment.
Amare Stoudmire (3 yrs / $60M)
Im not sure, but maybe something like...
Gerald Wallace (1 yr / $10M)
Nets 1st rounder via Houston (probably in the 15-20 range), or a 2013 pick.
Knicks would clear $10M in cap space as well, allowing them to pursue some FA's as well as hold onto Lin.