It appears Madison Square Garden chairman James Dolan kiboshed a potential deal between the Toronto Raptors and New York Knicks.
According to the New York Daily News, Dolan stepped in to veto a trade that would have sent Raptors point guard Kyle Lowry to the Knicks in exchange for Raymond Felton and Metta World Peace plus Iman Shumpert or Tim Hardaway Jr. or a 2018 first-round pick.
While the Raptors preferred the first round pick, Dolan, who worked with Raptors general manager Masai Ujiri to acquire Carmelo Anthony from Denver when Ujiri was with the Nuggets, had second thoughts on completing the deal.
"Dolan didn't want to get fleeced again by Masai," was how one Knicks source put it to the Daily News. "They had a deal ready."
The Knicks were prepared to make the deal on Wednesday night but Dolan stepped in on Thursday.
"There are two problems," the source said. "Dolan didn't like that someone from his group leaked it to the media, and the other problem is the Knicks seem to have too many (people) involved with making decisions."
Speculation now revolves around Lowry heading to the Brooklyn Nets instead, the same team that was pursuing Anthony when the Knicks landed him.