With their midlevel exception, the Knicks will search for a defensive center and Orlando's Marcin Gortat is high on their list.
Gortat was drafted by the Suns in 2005 when Mike D'Antoni was their head coach. His draft rights were subsequently traded.
Gortat told the New York Post he would welcome a move to New York.
"I love New York, I can tell you that," Gortat said. "It was the first city I landed when I landed in the states five years ago. I love Coach D'Antoni and I know [Danilo] Gallinari from Europe."
Otis Smith can match any offer, but said he knows it will be a financial challenge to retain Gortat.
"He's got the best job in America, playing behind my best player, playing 8 to 10 minutes," Smith said. "He goes out and does his job and probably has the best work ethic of anyone in the locker room. Can he start for another team? Yeah he can.
"I'll just deal with it and the market will dictate where he goes," Smith added.