Sep 05, 2008 9:21 AM EST

A potential trade with the Grizzlies involving forward Zach Randolph is reportedly now in the Knicks' court, according to Memphis Edge.

The Grizzlies will agree to a package that includes Darko Milicic and Marko Jaric for Randolph, but Memphis wants new York to pick up some of the deferred payments owed to Randolph in the latter year of his contract.

Randolph is owed $14.6 million, $16 million, and $17.3 million over the next three seasons.

Via Memphis Edge