The New Hierarchy of The New York Knicks

Many people have asked me over the past week or so what my thoughts are regarding the new regime in the Knicks front office. The team announced changes to their basketball operations leadership following the debacle that was the three-year run of Phil Jackson steering the ship.

My answer has been very honest: I really do not know, it is a mixture of emotions. I do not know much about Steve Mills, I know he is loyal to owner James Dolan and that he has been in the front office for a long time, both before Phil Jackson, and now in the “post-Phil era”.

It is my opinion that Mills overpaid to get Tim Hardaway Jr. back in an offer sheet to pry him from Atlanta. The Knicks paid him about four times more money than the next closest offer, this after initially drafting Hardaway Jr., then trading him away, only to pay him $71 million to come back. That is a player acquisition that is just so typical of the Knicks, what a total mess.

The appointment of Steve Perry as the new General Manager is a move I do find positive, if they give him some authority to make certain personnel related decisions. Perry is smart, politically savvy, and well respected around the NBA. He did great work in a short time with the Sacramento Kings, and the move to bring him in from California made a great deal of sense to me and others within the media that cover the team.

Mills and Perry in their introductory press conference towed the new company line that they want to rebuild the team around a young core, they want to reshape the team into a more athletic club. That sounds nice, but it disregards the fact that they have half the salary cap for the entire roster tied up in three veteran players: Carmelo Anthony, Courtney Lee, and Joakim Noah.
Then, they committed huge dollars to Hardaway Jr. and he is essentially the same type of player as Courtney Lee. I am not sure if they could trade Lee without taking back a “bad contract” in return. The issue with Noah is that he is coming off major offseason surgeries and has a prohibitive contract that Phil Jackson doled out to him. The move to trade Noah would be “selling low” because of the injuries, so the Knicks will most likely have to hold on to him for the time being.

Then, there is the Carmelo Anthony saga, with a contract that pays out a ton of money to a player that Jackson tried to make completely miserable. The Knicks had been attempting to move him to either Houston or Cleveland, according to reputable reports, and then paused that process when they named Perry to the GM post.

The Knicks new regime was said to have been looking to mend the relationship with Anthony to bring him back into the fold. Several sources around the league state that Anthony is done with the dysfunction of the Knicks and wants to be traded to Houston to play with Chris Paul and James Harden.

However, trading Carmelo will be complicated because he has a no trade clause (which he has lifted to move to either Houston or Cleveland) that the Knicks front office has reportedly asked him to expand that list so they have more viable options to trade him. He also has a 15% “trade kicker” in his contract that will increase his salary cap hit to the team that obtains him, and the right amount of money has to be sent back in order to meet the regulations of the NBA for trading players.

All of this when taken together means that the Knicks need a fourth team to be involved in a multi-layered deal that ultimately would get Anthony to Houston, would provide the Knicks with cap relief, and also would provide the other two teams in the deal some other assets or cap space to make the deal worthwhile for them. It seems unlikely that will happen at this point because the Rockets will probably wait until closer to training camp to leverage the Knicks into a deal that is better for Houston’s interests.

The Knicks have some talent on the roster and they do need to start the rebuild because they have been spinning their wheels for the past four or five years. The fan base is getting restless, and rightfully so, but as I wrote in the past, the Knicks will continue to sell tickets because tourists want to see games at the Garden. The Knicks will continue to be a money machine because of the allure of playing in New York, which makes the impetus for actually rebuilding the roster a difficult thing for their front office to actually accomplish.

The new hierarchy of the Knicks brings me mixed emotions, I am not sure how much Mills will interfere with Perry trying to make bold moves to revamp the roster. I am not sure how involved James Dolan will be, and if Perry will have his hands tied in trying to improve the team. I guess only time will tell, they have a great deal of work ahead of them.

In the meantime, Knicks fans will wait and see if this new front office will be able to make the moves necessary or if it will be business as usual in the Garden.