Both players suited up for the New York Knicks last season. Smith was the league's Sixth Man of the Year award winner after averaging 18.1 points and 5.3 rebounds a contest. Copeland averaged 8.7 points in 56 games during his rookie campaign.
Smith is an unrestricted free agent and Copeland is a restricted free agent. The Knicks can match offers after having extending Copeland a qualifying offer on Tuesday worth $988,872 for one season. Smith can make up to $5.58 million with Early Bird rights if he stays in New York.
GOLLIVER: NBA draft 2013: Needs for all 30 teams Copeland's status as a non-Bird free agent means the Knicks could possibly offer him a four-year deal starting at $3.183 million a season because of the taxpayer's mid-level exception.