"The Knicks have made it pretty clear to Portland that any discussion involving Lee would have to start with Rudy Fernandez ($1.1M with team opt in 2010). So far, the Blazers have been reluctant to include Fernandez and, after signing Miller, are more likely to want to involve Steve Blake ($4.9M) and Travis Outlaw ($4M). This works for Lee because it's around the type of salary range he's looking for ($9M) and it works for the Knicks' 2010 plan because both contracts are expiring deals.
Plus, while Outlaw gives scoring punch on the wing, Blake would give some needed depth in the backcourt. But, from what I understand, so far the Knicks are not interested if Fernandez is not in the deal. Lee is a valuable asset and the Knicks aren't interested in just giving him away for a pair of expiring deals."-Newsday