The Atlanta Hawks traded former first-round pick Cam Reddish to the New York Knicks on Thursday for a 2022 first-round pick (via the Charlotte Hornets) and former lottery pick Kevin Knox II. According to The Athletic, the Hawks previously declined the Los Angeles Lakers offer for Reddish: Two second-round picks.

Here's the scoop, courtesy of Fred Katz and Chris Kirschner:

The Hawks have made Reddish widely available since before this past draft cycle. The price then was a first-round pick, and it never changed.

Atlanta was looking for something closer to the slot where it drafted him, No. 10 overall, but nothing materialized. The front office had conversations with the Pacers, Lakers, Cavaliers and Pistons over the past several months, sources say, but the Hawks were always waiting for that first-round pick for Reddish.

The Lakers had offered two second-rounders for Reddish. Still, the Hawks believed a team would eventually offer the first-round pick they sought. They asked for Knicks rookie Quentin Grimes, the No. 25 selection during this past summer’s draft, during negotiations, but the Knicks turned them down, sources said.

Clearly, Hawks president Travis Schlenk was prudent to reject Rob Pelinka's offer and hold out for a better package.

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Reddish, 22, is averaging a career-best 11.9 points on .402/.379/.900 shooting splits this season. The Lakers' interest was understandable, as the 6'8″ Reddish presents the precise type of versatile, large, athletic forward the team sorely lacks. Reddish would have undoubtedly been an upgrade over 36-year-old, post-ankle surgery Trevor Ariza and Stanley Johnson, who is currently on his second 10-day contract.

By all accounts, the Lakers (21-21) are working the phones to try to upgrade their roster before the February 10 trade deadline, including shopping Russell Westbrook. They're severely limited in flexibility, outside of Talen Horton-Tucker, Kendrick Nunn, and the 2027 first-round pick. The Lakers are looking to ship out DeAndre Jordan and/or Kent Bazemore, perhaps attached to cash or a second-rounder.