The New York Knicks may be on the verge of signing Tyson Chandler, according to ESPN sources.

Mavericks owner Mark Cuban has stated that he wanted to retain Chandler, but the defensive star appears to be on the move after winning a title for Dallas last season.

New York is Tyson's first choice, the source told ESPN.com, which confirmed a CBSSports.com report.

It's 98 percent sure that Tyson is going to wind up with the Knicks.

With the amnesty clause, the Knicks can cut ties with starting point guard Chauncey Billups and power forward Ronny Turiaf to free up salary-cap space to add the 29-year-old big man.

Last season, Chandler averaged 10.1 points per game, and 9.4 rebounds. His free-throw shooting markedly improved over the last two seasons, having converted better than 73 percent after barely shooting under 60 percent the previous four seasons.

Perhaps Chandler's greatest asset is his defense. He was named to the All-Defensive Second Team for the 2010-2011 season.

The Knicks will be in the hunt for Chandler along with the Heat, Warriors, and Mavericks. Golden State reportedly offered a four-year deal for Chandler worth $60 million.

What seems a bit far-fetched from the Knicks' standpoint is that Chandler might be added with the intention to deal Amare Stoudemire for Chris Paul, according to sources.

Stoudemire is a fan-favorite in New York, and was a big reason for the gains the team made last season. He played for head coach Mike D'Antoni in Phoenix and is one of the best big men in the NBA. The Knicks are soft at power forward, and would be even thinner if they lose Turiaf.

Paul reportedly liked playing with Chandler when the two played for New Orleans for three seasons. There are many suitors for Paul, and it's possible the Hornets would prefer other offers for their franchise star.

Meanwhile, the Knicks are also in the hunt to sign veteran free agent Grant Hill.