"Earlier this NBA season, with the New York Knicks in complete disarray and relationships rather friendly between Knicks coach Mike D’Antoni, interim general manager Glen Grunwald, and Colangelo, there had been some serious talk about a deal for one of the Raptors’ point guards. No one will say who approached whom about what, but if you play the elimination game, it was probably the veteran Anthony Carter, who was supposed to be heading to New York.
The Knicks thought they needed somebody, anybody to help and Carter, with 12 seasons of work behind him, was an inexpensive and experienced answer.
The situation got so bad for the Knicks that D’Antoni was actually telling people around the league that he had no choice, he was running out of players, that he had to play Lin. Not that he wanted to.
Colangelo, who can’t talk about these kind of things, figured to himself that if he moved one of his point guards to open up a roster spot, there was the possibility he would add the tough kid, Lin, either by trade or waivers, depending on how the Knicks proceeded.
The deal was discussed but never happened.
Then the impossible and incredible occurred all at once: Lin got onto the Knicks floor and hasn’t gotten off since, becoming the accidental star in the process."
http://www.torontosun.com/2012/02/13/jeremy-lin-was-almost-a-raptor