A couple things.... It's been widely reported that Nate's contract is a BYC and the Knicks can only take back 1/2 of it's value. Nate makes 4,000,000. Walker + House is 3,598,420, which is way over the 2,000,000 that NY can take back. So, there either has to be more to this or it isn't House and Walker for Nate.
Second, I don't believe anything that anyone says as I remember hearing Danny say on WEEI that they had absolutely nothing in the works and weren't looking to make a trade just hours before he made the trade for Wally. Most of the rumors are just that. That being said, Marc Spears has proven to be a very reliable source over the last couple years and has broken some other big news. The Herald is more than likely towing the party line and regurgitating what Danny feeds them.