Knicks NBA Trade Deadline Tracker: Rumors, Targets and Updates

The‍‌‍‍‌‍‌‍‍‌ New York Knicks must make some crucial choices as the NBA trade deadline on Feb. 5 approaches. There is a lot of talk about Karl-Anthony Towns and the Knicks, who are looking for ways to upgrade their roster after falling into a slump.

That is why it is a good idea to follow all the Knicks' downtown trade news, rumored trade targets, and completed trades that will come out before the deadline.

This‍‌‍‍‌‍‌‍‍‌ tracker is full of Knicks trade rumors, from dropping Guerschon Yabusele to looking at Jose Alvarado, Naji Marshall, and Keon Ellis. Refresh daily to get the latest scoop on New York's deadline wheeling and ‍‌‍‍‌‍‌‍‍‌dealing.

January 25

The New York Knicks got a win in Philadelphia, 112-109, but the game looked ugly. Karl-Anthony Towns committed too many fouls and did not impose himself on the game, which has only increased the frustration of the fans, who are now demanding that his name be put on the trade list, as the team has had a rough time in January.

Carmelo Anthony reality check: On his latest 7 PM in Brooklyn podcast, Melo pushed back hard against trade panic: "No change needed right now. Address in offseason," he said, urging the front office to stay patient.

But he ruled out major KAT trades as unnecessary. His logic? The Knicks are still third in the East with a "winnable" core, and tearing it down mid-season might give a worse result than this ‍‌‍‍‌‍‌‍‍‌slump.

January 24

Guerschon Yabusele acknowledged his disappointing season pregame, admitting, "It's definitely not what I was expecting." On swirling trade rumors, he remained pragmatic: "It's nothing that I can control. Just try to be smart, preparing, [be] as ready as I can."

Giannis‍‌‍‍‌‍‌‍‍‌ Antetokounmpo's injury might lead to a change in the Bucks' trade strategy, thus indirectly affecting the Knicks' pursuits.

Ian Begley, in a recent interview, said that the Knicks are avoiding KAT trades unless the slump worsens. Expect Guerschon Yabusele to move (Spurs fit), plus Jose Alvarado, Naji Marshall, and Keon Ellis to check for bench defense.

Spoke with @mmargaux8 about Knicks-Sixers, defending Tyrese Maxey & trade radar on @Honda Sports Nite: pic.twitter.com/uiYuVFqDyR
— Ian Begley (@IanBegley) January 24, 2026

Former NBA‍‌‍‍‌‍‌‍‍‌ player Jason Williams has criticized the Knicks for their deal for Karl-Anthony Towns and said "Minnesota won that trade" amid New York's 3-8 slump in January.

Williams praised the return package: "[Julius Randle, Donte DiVincenzo,] guys like that are what make teams win championships... They can fit on any team in the league, bro, any championship-caliber team."

He added, "I think he had a better chance of being closer to winning in Minnesota than [in New York]."

Towns is dropping 20.8 points and grabbing 11.5 rebounds per night, which are lower ratios compared to last year, with rumors arising that there are communication difficulties between Towns and coach Mike ‍‌‍‍‌‍‌‍‍‌Brown.

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