NEW YORK -- The Brooklyn Nets are interested in Kyle Lowry but are not willing to part with a future first-round pick in order to obtain the Toronto Raptors point guard via trade, sources told ESPN NewYork.com’s Ohm Youngmisuk.

The Nets and New York Knicks are among the teams pursuing Lowry to upgrade their backcourt, sources previously told ESPN.com’s Marc Stein and ESPN The Magazine’s Chris Broussard, but Toronto’s steep asking price has prevented any deal from completion.

Brooklyn is very limited in what it can offer as far as trade assets are concerned; the Nets cannot move a first rounder until 2020. The rights to European sharpshooter Bojan Bogdanovic could be intriguing to a potential trade partner. Bogdanovic, 24, is averaging 17.3 points and shooting 41.5 percent from 3-point range for Fenerbahce Ulker (Turkey).

Lowry, 27, is in the final year of his contract and making $6.2 million. He is averaging 14.6 points and 6.7 assists while shooting 41.9 percent from the field.

Lowry would give the Nets a versatile guard option off the bench. Jason Terry has missed the last 11 games due to a knee injury, while Shaun Livingston has had to play more minutes than expected while Deron Williams was out; his production suffered as a result.