July 3 (Bloomberg) -- New York Knicks restricted free agent Landry Fields agreed on an offer sheet with the Toronto Raptors, probably reducing the Knicks’ chances to sign two-time league Most Valuable Player Steve Nash, CBS Sports reported today.
The Knicks have three days after he signs to decide whether to match the three-year, $20 million offer, CBS reported citing Fields’ agent, Chris Emens. No contracts or trades can be formally finished until July 11. Calls to Emens’s office weren’t answered.
Nash is a National Basketball Association free agent after playing the last eight seasons with the Phoenix Suns. The Knicks had discussed a double sign-and-trade with Phoenix in which the Suns received Fields, CBS reported. That deal is now dead. If the Knicks don’t match the Raptors’ offer, they lose Fields; if they do match, they can’t trade him under the league’s labor agreement.
The Raptors are also interested in Nash, 38, who grew up in Canada. The team offered him a three-year, $36 million deal, according to CBS.
Fields, 24, has averaged 9.3 points and 5.4 rebounds per game in his two-year NBA career with the Knicks. Nash is an eight-time All-Star and was the league’s MVP in 2005 and 2006.
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