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Report: Knicks looking to trade Pablo Prigioni before Feb. 19

Indiana Pacers v New York Knicks - Game One

NEW YORK, NY - MAY 05: Pablo Prigioni #9 of the New York Knicks reacts after he a foul is called in the first half against the Indiana Pacers during Game One of the Eastern Conference Semifinals of the 2013 NBA Playoffs on May 5, 2013 at Madison Square Garden in New York City. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Elsa/Getty Images)

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Pablo Prigioni has been a fan favorite in New York for the past couple of seasons, and has appeared in 42 games for the team this year, primarily as a reserve, while averaging 4.7 points and 2.4 assists in 18.5 minutes per contest.

Prigioni was a late scratch on Tuesday, however, with the team announcing a hip injury shortly before tip-off. As he sat in street clothes on the bench, it led to speculation that he may be traded in the relatively near future.

While nothing appears to be imminent at this time, the Knicks are indeed shopping Prigioni, and looking to trade him before the Feb. 19 deadline passes.

From Marc Berman of the New York Post:

According to a league source, Prigioni is on the trade block with the Feb. 19 deadline approaching. Though he is signed for next season at $1.7 million, only $300,000 of that total is guaranteed. Still, the Knicks are content to play their younger point guards, Langston Galloway and Shane Larkin.

The Cavaliers and Pistons each have need for a backup point guard and the Knicks have a need for second-round picks. They have traded all their second-round picks until 2019. A league source told The Post last week the Knicks feel Prigioni has value.

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Prigioni may have some value around the league, but as a 37-year old reserve, he has almost none on a rebuilding Knicks squad. If New York can secure any asset in return, even in the form of a future second round pick, it would make sense for the team to pull the trigger on making a deal sometime in the next two weeks.