Julius Randle, The Knicks’ Cryptocurrency Paradox

The New York Knicks have a 21st century problem, and it’s one best described with a 21st century analogy. I’m not going to go into a lengthy summary of Randle’s history with New York. I’ll sum it up, with bullet points (21st century style):

  • The Knicks sign Randle, a basic PF, in 2019 on a short term/low risk deal.
  • In his second year, Randle is lit, becomes an All Star, and makes the All-NBA 2nd team.
  • Somewhat thirsty Knicks extend his contract until 2026.
  • Boujee Randle acts sus, ghosts the media.
  • Thibs sips tea.
  • Twitter throws shade at Randle with clips of his exploits.

That said, the Knicks have a dilemma — what to do with their star player? There’s a chorus of fans hoping New York trades Randle, which they can do between February 3rd and 10th. And maybe they should, except for one thing: given Julius’ recent play, the Knicks would get pennies on the dollar. For some, sending Randle, a potential All Star/All NBA player to another team for little in return is unappetizing. Should the team wait until Randle reverts to a better version of himself, and therefore get better assets in return?

Let’s assume for a second that some time ago, you invested some money in Cryptocurrency: Randle-Coin. Now you didn’t think much of it, but all of a sudden you open your online wallet, and your investment doubled. Great! What do you do with it? You could sell your Randle-Coin, and take that money and invest it elsewhere. However you assume that the money you withdraw will probably make less in whatever you put it in (bank, stocks, Fabergé eggs, etc.) than if you just keep that money in Randle-Coin. So you keep your investment as is currently stands. Next day you look, and Randle-Coin has taken a huge dip, and is only worth what you originally bought it for. Or maybe it’s worth less than that. What do you do then?

Selling seems like a bad idea, because Randle-Coin was just worth double that, and it’s possible that it could rise again. For a moment, let’s assume you hold your investment, and Randle-Coin does in fact increase in value. What do you do with the money? Well now since it’s increased, you’re back where you were a short while ago, when you decided to leave the money in crypto because it could go up again. So you don’t cash-in, and you keep your Randle-Coin…

See the paradox? When the value of something is lower than you expect, you won’t sell (buy low, sell high!). But if the value of that thing increases, you won’t sell, because THE GAINZ!

Let’s bring this back to Julius. Let’s assume the Knicks don’t depart with him now, because the price is too low. And if they don’t trade him, should Randle’s value increase, they’re not likely to depart with him, because he’s too valuable to them! In other words why on Earth would you trade Randle if he returns to his 2020-2021 form?

So in a way it doesn’t make sense to wait and see with Randle, because if he turns the corner and suddenly starts playing well, the Knicks won’t want to depart with him. And of course, we’re making a big assumption here — that Randle can/will revert to his better self for the duration of his contract. I’d like to assume the issue with Randle isn’t physical. There’s no indication that his lackluster play is a result of an injury of some sort. And even if that were the case, it wouldn’t describe the bizarre non-play aspects of his downturn. Randle has been exhibiting a number of mental effects: hiding from the media, the thumbs down, not being neighborly to his teammates, his mental lapses on defense, etc.

In short, the Knicks are in a must-sell situation. Either before the deadline or over the summer, they must trade Randle. Given the history of NBA stars that have self-imploded, it’s unlikely that Randle returns to an All-NBA caliber player. His ceiling his likely a supplement to a team that’s already winning, not the centerpiece of one that’s trying to get to .500. Additionally Randle’s sabotage isn’t just harming himself, he’s hurting his team with his lackluster play over 35+ minutes, and the poor habits he exhibits on a nightly basis in front of his impressionable young teammates. New York has a plethora of young talent that could fill the void of Randle’s minutes, shot taking, and leadership.

While the Knicks probably won’t get much in return in a Randle trade, but they’d still have a lot to gain on the tail end of this season by doing so.

KnickerBlogger Ticket Giveaway #3 – Wednesday vs the Mavs

Ok I’m giving away two (2) tickets to tomorrow’s (Tuesday’s) game against the Dallas Mavericks! As per the last time, a kind person has decided to buy three pairs of my tickets to donate to our KnickerBlogger community. This is the final leg of that spirit of giving.

Today’s contest is simple. Just comment below with any player who has played for both the Knicks and the Mavs (and follow that with some thoughts on the player, or not). BUT you can’t name a player that someone else has made. I’ll randomly pick one of the correct commenters below in the morning to give the tickets to!

NOTE: PLEASE DO NOT COMMENT HERE IF YOU DO NOT WANT THE TICKETS!
NOTE: PLEASE DO NOT COMMENT HERE IF YOU DO NOT WANT THE TICKETS!
NOTE: PLEASE DO NOT COMMENT HERE IF YOU DO NOT WANT THE TICKETS!

Good luck & enjoy!

KnickerBlogger Ticket Giveaway #2 – Tomorrow (Tuesday) vs the Pistons!

Ok I’m giving away two (2) tickets to tomorrow’s (Tuesday’s) game against the Detroit Pistons! As per the last time, a kind person has decided to buy three pairs of my tickets to donate to our KnickerBlogger community. This is the second leg of that spirit of giving. (Ignore the aborted attempt on 12/12, since I did the contest too late, and ended up selling them at the game.)

Today’s contest is simple. Just comment below with any player the Knicks traded away for Carmelo Anthony in 2011, even if the player didn’t end up in Denver. BUT you can’t name a player that someone else has made (So if someone says Player X, you can’t answer Player X, you’ll have to say Player Y). I’ll randomly pick one of the correct commenters below in the morning to give the tickets to!

NOTE: PLEASE DO NOT COMMENT HERE IF YOU DO NOT WANT THE TICKETS!

Good luck & enjoy!

KnickerBlogger Ticket Giveaway 2022 #2 – TODAY VS BUCKS!

Welcome to the second KnickerBlogger Ticket Giveaway. As per the last time, a kind person has decided to buy three pairs of my tickets to donate to our KnickerBlogger community. This is the second leg of that spirit of giving.

Today’s contest is simple. You just need to be able to get to the Garden by noon for today’s game against the Bucks, have a friend, and of course be such a die-hard KBer that you actually see this post. The first to comment is the winner of two tickets to today’s game. I’ll reach out to the email you registered with.

Good luck & enjoy!

KnickerBlogger NBA Power Ratings 2021-11-05 + Poll

I just wanted to update the KnickerBlogger NBA Power Ratings after the New York Knicks 15-point win against the defending champions Bucks in Milwaukee:

1. New York Knicks
2. Everyone else

Are the Knicks still on pace to win 56 games this year?

  • No, but I'm always wrong. (58%, 37 Votes)
  • Yes. (23%, 15 Votes)
  • You mean at least 56 games, right? (14%, 9 Votes)
  • Absolutely! (5%, 3 Votes)

Total Voters: 64

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Is Anyone Else Worried About the Knicks Defense?

The New York Knicks have had an excellent start to the 2021-2022 season. At 5-2, they are tied for third in the NBA’s Eastern Conference. Although no one expected them to be a top 3 EC team, especially ahead of the Nets and Bucks, it’s not completely unexpected for a team like the Knicks to take a step forward. Two years ago the Knicks were in disarray, losing more than twice as many games as they won (21-45). Last year, the team changed front offices, coaches, and voodoo dolls, and subsequently made a complete 180 finishing 10 games above .500 (41-31). Building upon that success seems normal, however there’s a nagging suspicion that this team is over-performing, and may be ignoring a crucial element of their success.

Perhaps at the steering wheel of the Knicks’ u-turn is coach Tom Thibodeau. New York’s head coach is known for his defense-first mindset, supplemented by his omni-present yelling and tough practices. Last year’s Knicks finished third in defensive rating (points allowed per possession), which fueled their success. This year beat reporters have noted that, much to Allen Iverson’s approval, Thibs’ practices have not been as taxing. Looking at the stat sheet, the Knicks are ranked a sub-par 20th in defensive rating. To compensate, their offense has picked up the slack and is 4th in the NBA.

The eye confirms this data. The Knicks have had multiple games in which they’ve had a commanding lead, only to let the opposing team crawl back & “make it a go.” New York had a 4 point lead against the Celtics on opening night going into the final quarter, and needed double overtime to settle things. Recall that Knicks were on fire in the first OT offensively, but couldn’t stop the Celtics from evening the score. In their third game, the Knicks were up 6 to end the third quarter, and lost to a Magic team they blew out previously. They had a 13 point lead with under 3 minutes against the Bulls, and barely escaped with a 1 point victory. The hapless Pelicans closed the gap to 2 points with 1:28 left in the game, before the Knicks sealed the victory.

Perhaps you could look at any 7 game span of most teams and find similar ebbs & flows. But these are all late-game breakdowns that wouldn’t exist if the Knicks could clamp down on their opponents once they get a sizeable lead. Which begs the question: has the team identity changed? Are they an offensive first team that plays marginal defense? And if yes, how good is that offense — are the Knicks really a top 5 offensive team? Is this all because center Noel has been hurt and coach has turned to offensive players to pick up the slack?

Or will coach Thibs get the team back to his roots and have them playing formidable defense? Should New York find their defensive groove again, the Knicks will likely maintain the huge upswing they’re experiencing this early in the season. Even if their offense drops down to 10th, returning to a top 5 defense would make the Knicks a dangerous team.

KnickerBlogger Ticket Giveaway 2022 #1

OK folks, a kind person has decided to buy three pairs of my tickets to donate to our KnickerBlogger community. So the first giveaway will be a pair of tickets to the Knicks-Pacers game at the Garden on Wednesday 11/15.

The contest will be this: you have to guess Randle’s combined PTS + REB + AST in tonight’s game (vs. the Raptors). Person with the closest combined score will win. Tie breakers will be the closest to PTS, then the closest to REB, then the closest to AST, and finally a random “drawing” among those tied for first if there isn’t a decisive winner. In the event that Randle plays zero minutes, RJ Barrett’s line will be used instead! If the winner doesn’t reply in a timely manner, a runner up will be given the opportunity, and so on. All decisions will be made by yours truly, and my decisions are final.

POST A COMMENT IN THIS THREAD TO YOUR GUESS. IT MUST BE IN BEFORE 7:30pm ET. I’ll reach out to the winner via email & will announce it the after. For KBers that don’t live in town and have no one in your personal life to give the tickets to, you are free to enter, and if you win you may give/donate the tickets to another KB commenter of your choice. (I’ll just send them to the person of your choice.) The tickets are digital & you’ll need the msg ticket app on your phone to enter the stadium. You (and your guest) will have to be vaccinated to attend, and the Garden staff will check vaccination status before you can enter the building.

PLEASE POST YOUR GUESS IN THIS FORMAT:
YourName,pts,reb,ast
Example:
Knickerblogger,30,20,15

(This way I can easily enter them into a spreadsheet!)

To clarify the rules, imagine two people guess the following:
A,0,0,38
B,20,10,10

If Randle’s line is 20-10-8, the first person (A) wins, because the total score is 38, which is exactly what they guessed.
If Randle’s line is 20-10-9, the second person (B) wins, because each person is one point away from total score of 39, but the first tiebreaker is PTS, which B is closer.

Good luck & as always – Let’s Go Knicks!