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NBA Draft Rumors: Eric Bledsoe to Knicks for 4th pick could be an option

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Anthony Gruppuso-USA TODAY Sports

The New York Knicks desperately want to add an instant-impact player in the NBA Draft.

Holding the fourth-overall pick, it's certainly possible, but they also may dangle the pick in hopes of adding a proven veteran. Phoenix Suns point guard Eric Bledsoe would certainly fit that bill, and the Knicks reportedly have their eye on him.

According to ESPN's Chad Ford, trading the No. 4 pick to Phoenix is something the team is considering ahead of next week's draft.

I definitely think that could be an option. That’s the sort of deal the Knicks would look at. But for cap reasons, would have to happen after the draft.

Last season Bledsoe averaged 17.0 points, 6.1 assists and 5.2 rebounds per game. His biggest problem was turnovers and his ability to shoot from three, but he's a great defender and all-around solid point guard that would immediately make the Knicks more of a playoff team than what they are now.

New York also has a lot of salary cap space to play with and could afford the contract Bledsoe was given last offseason by Phoenix. Bledsoe is under contract through the 2018-19 season with a salary of $13.5 million for next season that increases by just $500,000 each year.