Isola: Knicks offering Lee 8 million Per

Via Frank Isola:

“…A team source claims the Knicks will offer Lee a four-year deal worth $32 million, which is below his asking price of $10 million per season. The Knicks have the right to match any offer given to Lee, as well as Robinson, but the club wants to remain fiscally responsible as it pertains to the summer of 2010.

“There’s no question he’d love to stay in New York,” Lee’s agent, Mark Bartelstein said yesterday. “But you are only a free agent so many times in our career, especially in the prime of your career.”

Portland is expected to make a strong push for Lee, who averaged career bests in scoring (16 points) and rebounds (11.7). Detroit and Oklahoma City also have the cap room to make Lee a substantial offer.

It is no coincidence that the Knicks drafted a power forward (Jordan Hill) and a guard (Toney Douglas) as insurance in case they lose Lee and Robinson. Of the two, the Knicks seem more committed to keeping Lee. Robinson could stick around if he were to accept the Knicks’ $2.9 million qualifying offer. The Knicks also have the option of working out a sign-and-trade with either Lee or Robinson.

If Walsh can’t land Kidd, the Knicks would pursue Milwaukee restricted free agent guard Ramon Sessions, who once played summer ball in South Carolina for Knicks assistant coach Dan D’Antoni.

The Knicks, according to a source, also intend to talk to Suns free agent Grant Hill. However, Phoenix is looking to re-sign Hill, who has expressed an interest in returning to the club…”

8 million for 4 years is a very fair offer, maybe even a 5th year is reasonable. Stay tuned to hear what other teams will offer.

Marc Berman is saying that the offer will be 7 million.

“….Donnie Walsh and Mike D’Antoni meet today with Kidd in their longshot bid while their own free agents, Nate Robinson and David Lee, hit the open market.

Portland and Sacramento have interest in Robinson, a source said. “He wants to be back,” a Robinson confidant said. “But he knows he probably won’t be.”

Lee’s agent will receive an initial offer from Walsh, expected to be at $7 million per. Lee likely will be pursued by under-the-cap teams — Oklahoma City, Portland, Memphis, Detroit. The Knicks other free agent, Chris Wilcox, won’t be re-signed…”

Again, as TKB reported weeks ago, Portland has it’s eyes on Andre Miller and has no interest in Nate at this point.