Knicks trade for Emmanuel Mudiay in three-team deal

Dallas Mavericks guard Devin Harris dribbles the ball during the first half of an NBA basketball game against the Los Angeles Clippers in Los Angeles. Two people with knowledge of the situation say

Denver and NY will swap second-round picks in this three-way trade, as the Nuggets will get the Knicks' 2018 second-round pick via the L.A. Clippers and the Knicks will get Denver's second-round pick via the Portland Trail Blazers, per Wojnarowski.

According to Adrian Wojnarowski of ESPN, the Knicks have acquired point guard Emmanuel Mudiay from the Denver Nuggets. In 2016, the Nuggets drafted Jamal Murray - another guard - leaving Mudiay to come off the bench.

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The Knicks are sending Doug McDermott to the Mavericks as Dallas sends Devin Harris to Denver to complete the three-way trade. To sort it all out, here are the latest NBA Trade Grades.

Mudiay, the Nuggets' 2015 lottery pick, never developed into a consistent National Basketball Association point guard during his time in Denver.

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But the big news is the departure of Harris, who will join a playoff contender in Denver.

Prior to Thursday, New York's most significant deal of the season was shipping Willy Hernangomez to the Charlotte Hornets for two second-round draft picks. He's a 34-year-old who doesn't mess up and can play on or off the ball, making him an ideal fit in the Denver backcourt. He also played with the Oklahoma City Thunder. The University of Wisconsin product was also named to the NBA Eastern Conference All-Star team during the 2008-09 season while playing for the New Jersey Nets.

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Kenneth Faried, who's been the subject of trade rumors for multiple years and is due $13.76 million next season, again stayed put. Over 14 seasons, Harris has appeared in 890 career games (446 starts) for Dallas, New Jersey, Utah and Atlanta averaging 11.2 points, 4.1 assists and 2.2 rebounds in 25.1 minutes per game.

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