Not that this will ever happen, but if the two teams did decide to deal, here's a more realistic trade with the Knicks if Ray were involved.
http://games.espn.go.com/nba/tradeMachine?tradeId=yl8bmyhIn order to give up Chandler (and to a lesser extent Nate), the Cs would have to take Curry -- Jefffries isn't enough.
Curry never plays for the Cs. He's told to stay home ala Tinsley until the trade deadline next year, at which point he's cut if not traded.
Milicic is insurance / 6 fouls in case the Cs need him against the Cavs, Magic, Lakers, whatever. He goes back to Europe at the end of the year.
Nate is unlikely to be resigned considering he loses his Bird Rights, but he could be just the jolt the Cs need of the bench before our window starts to close.
The prize is Chandler, who I feel is an underated player. He's an excellent defender & slasher, and an emerging shooter.
The Cs essentially pay $24mil (Curry's salary next year + lux tax) to get Nate and Chandler. If they win it all this year, not to mention the long term value of Chandler, it's worth that much for certain.
Again -- not going to happen -- just trying to make a point about what will be required of the Cs to get anyone of value off of the Knicks.
The alernative would be to take Jeffries to get just Nate, which I'm not in favor of.