In the latest New York Knicks trade rumor, Houston Rockets point guard Jonny Flynn is on the radar, according to EPSN's Chris Broussard.

The Knicks' current roster of point guards includes Toney Douglas, veteran Mike Bibby, the rehabbing Baron Davis and recent standout Jeremy Lin, who has almost single-handedly led the team to consecutive wins over the New Jersey Nets and Utah Jazz. Broussard said the Knicks and the Rockets discussed a possible deal involving Bibby and forward Renaldo Balkman for Flynn, but the Rockets were not interested.

If the Knicks continue to pursue Flynn, or any other point guard for that matter, then the 33-year-old Bibby, who was signed as a free agent before the season, could be the most expendable of all the point guards on the roster because of age. However, he can't be traded before March 1.

At the same time, the Knicks may not need to find another point guard at all. Lin is playing well as he assumes the starting role and Douglas has been relegated to a natural back-up position where he can thrive. Plus, Davis has yet to make his return, and the Knicks should be willing to see what he's made of once he does so.

The Los Angeles Lakers are another other team in need of point guard stability and have also inquired about Flynn. They are also considering signing free agent Gilbert Arenas or trading for point guard Ramon Sessions of the Cleveland Cavaliers.  

Flynn, 23, is a third-string point guard in Houston, where he backs up potential all-star Kyle Lowry and Goran Dragic. In seven games for the Rockets this year, he's averaged 3.1 points, 2.4 assists and 1.1 rebounds per game. He has struggled since injuring his hip in the second season. As a result, he was traded during last summer's draft to the Rockets, along with Donatas Motiejunas for Brad Miller, and the number 23 and 38 picks and a future first-round pick.