Well... that's not a nice idea, except that they have nothing to trade.  
So they'd have to wait to after the 11/12 season to get him.
He is nearly 38 now (March), and has noticeably slowed over the last two years.  Let's say you're the Knicks - do you tie your wagon to a 39 year old and give him 2 years 5 million... ?
Especially with a CBA that's likely to have even less wriggle room?
Can't see that happening.  I can see them going for Felton again tho'.
                                
                                
                                
                                
                                
                                
                                    http://with-malice.com/ - The half-crazed ramblings of a Lakers fanatic in Japan