Knicks Still Cautious About Dealing Draft Assets For Donovan Mitchell

The Knicks and Jazz recently renewed trade talks regarding Donovan Mitchell, but New York remains cautious about parting with a huge number of future assets to acquire the All-Star guard, writes Marc Berman of The New York Post.

Multiple sources tell Berman that the Knicks recoiled from the original demands by Utah team president Danny Ainge, who asked for seven first-round picks in addition to young players on controllable contracts. Talks remained dormant for a while, but the teams have re-engaged each other.

According to Berman, New York’s front office believes adding Mitchell would improve the team by about 10 wins, taking it to the 47-victory level. The concern is that there would be no way to improve beyond that if the franchise gives up a significant number of its draft assets.

“Getting from 47 wins to 57 wins, that’s harder than 37 to 47,’’ a coaching source told Berman.

Berman notes that the Knicks traded this year’s first-round pick to clear cap room to add free agent guard Jalen Brunson, and the team could be in danger of losing another selection if the NBA determines that tampering occurred in the Brunson signing.

Coach Tom Thibodeau is strongly interested in adding Mitchell, Berman adds, but he’s staying out of the spotlight while the process plays out. Berman cites a belief around the league that Thibodeau would prefer to part with RJ Barrett in a Mitchell trade rather than give up second-year guard Quentin Grimes, who’s a better defender and long-distance shooter. Berman hears that Ainge is “hot to acquire” Grimes for Utah’s rebuilding project, and Berman’s source says Grimes wouldn’t be opposed to leaving instead of having no chance to start behind a Brunson-Mitchell backcourt.

Barrett, who averaged 20.0 PPG last season, is eligible for a rookie scale extension until October 17.

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