Source: Royce Young, CBS Sports 
According to ESPN.com, the Knicks and Nuggets are discussing a deal that would include sending Iman Shumpert to Denver while Kenneth Faried heads to New York. According to the report, Shumpert has been in high demand on the trade market.
The Knicks are desperate for frontline help after Tyson Chandler’s recent injury, especially with Amar’e Stoudemire and Kenyon Martin being limited.
Faried, 23, has seen his production dip this season playing under new coach Brian Shaw, averaging fewer minutes (23.7) while putting up 8.8 points and 8.5 rebounds.
Shumpert, 23, is a valuable perimeter defender, but an expendable piece for the Knicks with some of the depth they’ve built in the backcourt.