The Knicks have expressed interest in pursing a deal with Bucks guard Monta Ellis, sources told CBSSports.com. But Ellis and his agent could view this as an opportunity to be a part of a contender. Ellis opted out of a deal with Milwaukee that would’ve paid him $11 million next season, so the hookup is probably a long shot. The Knicks have only the $3.2 million taxpayer mid-level exception available. After trading for Andrea Bargnani over the weekend in a deal that’ll see Steve Novak, Marcus Camby, a 2016 first-round pick and two future second-round picks go to Toronto, it’s obvious what the strategy is in New York.