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Begley: The Knicks are trying to trade one of their players to open up cap space

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Gotta be Kyle O'Quinn, right?

Bill Streicher-USA TODAY Sports

The New York Knicks may have their starting five, but they still have a great deal of issues with their bench. Ian Begley reported that the team could have somewhere in the neighborhood of $4.6 million in space left, assuming they rescind the cap holds on every remaining free agent except Langston Galloway and Lance Thomas.

But that probably won't be enough to sign a quality reserve, let alone the two or three needed to fill out the roster. And so, according to Begley, the team is looking to dump some salary via trade:

The club is still trying to create more cap space by trading one of its players to a team with enough cap space to absorb the contract, according to sources.

Let's get down to brass tacks here: They're talking about trading Kyle O'Quinn. That's the only guy currently on the roster who isn't either brand new or untouchable. Justin Holiday could be dealt, but his $1 million deal ain't gonna free up much.

O'Quinn is owed $3.9 million in 2016-17 and $4.1 million in 2017-18 with a $4.25 million player option in 2018-19. Honestly, that wouldn't free up much space. I know O'Quinn was bad last season, but at that price he's probably worth keeping around for another season.

One player the Knicks are currently tracking is backup point guard Tim Frazier, a restricted free agent who looked exceptionally good for the Pelicans late last season, albeit in only 16 games. The Knicks could have signed him out of the D-League last spring, but went with Tony Wroten instead. That ... um ... didn't work out as planned. Can the Knicks pry him away from New Orleans, and will they have to part with O'Quinn to do it? To be continued ...

Update

This guy makes a good point.