The package would also include other pieces as the Knicks attempt to lure Nash, the two-time MVP.
The Knicks had been interested in including Landry Fields in a sign-and-trade to land Nash, but Fields put a wrench into those plans by signing an offer sheet with the Toronto Raptors. The Knicks were reportedly hesitant to include the talented Shumpert in the deal, but have apparently decided to do so.
New York is still interested in retaining Jeremy Lin, who is perusing other options as a restricted free agent. They have long been interested in Nash, who averaged 12.5 points and 10.7 assists and remains one of the NBA's top point guards even at age 37.
The Los Angeles Lakers are also reportedly interested in acquiring Nash via trade, and the Toronto Raptors have already offered him a large contract worth in the vicinity of $36 million over three years.