I heard the Knicks speculation, and even read one exec say he'd bet money that Garnett would be a Knick by February. Baloney. What, precisely, could the Knicks offer other than to take Wally Szczerbiak's deal off Minny's hands? Trade a top 5 player for some salary flexibility? You've got to be kidding. If that happens, McHale should be shot at sunrise.
As for the Rockets, an offer of Yao Ming and some salary ballast for Garnett might be interesting. I don't know Yao's contract status, though. Didn't he sign a big extension? That would make him really hard to trade because of base year compensation status. However, McGrady and salary ballast for Garnett might be a possibility. The T-Wolves could save face by getting a superstar back in return. Meanwhile, the presence of Garnett might be just what Yao needs to take his game to the next level.
However, I think if Garnett gets swapped, he's going to Detroit, and not just because I want it to happen. The Pistons would have more to offer than anyone else. There's reports that they discussed Rasheed Wallace and Darko Milicic for Garnett, but obviously it hasn't happened. If they include a quality young swingman, either Carlos Delfino or Maurice Evans, that might be enough.