Analysts with knowledge of the situation are citing anonymous sources familiar with all parties (and some guy selling underground Hip Hop CDs at Penn Station) this morning, lending credence to a rumor that the New York Knicks are attempting to woo NBA free agent LeBron James with a Verizon iPhone 4. A white one. 32GB model, of course. I have yet to be able to reach "King James" or Steve Jobs for comment.

See also: JR Raphael's lovely skewering of the rumor mill in PC World earlier this week.