The New York Knicks recently offered the Minnesota Timberwolves a package of Amar'e Stoudemire, Tim Hardaway Jr. and Iman Shumpert for Kevin Love, according to a source.

The Timberwolves reportedly declined the offer.

Hardaway has good value around the NBA, but Shumpert could be in line for a raise once his rookie contract ends and Stoudemire has one season left on his big contract.

The Knicks could offer Love a maximum contract if he becomes a free agent next offseason.