ESPN is reporting the Rockets have a deal in place to send Tracy McGrady to Sacramento for Kevin Martin. The story says McGrady still may be a Knick by today's 3 p.m. deadline as part of a three-way trade.

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And this will make Knicks fans happy [from the ESPN report]:

"Sources told ESPN The Magazine's Ric Bucher that McGrady and Rodriguez would be sent to the Knicks in a three-team scenario sure to feature New York's Jared Jeffries if it comes to fruition."