New York pulled the trigger on two deals today before the NBA trade deadline. The bad news is that neither deal opens up any more cap space for 2010. The good news is that the moves will give the team a little more flexibility this year. In the bigger deal, New York acquired Larry Hughes for Jerome James, Tim Thomas, and Anthony Roberson. In a second deal, the Knicks sent Malik Rose to Oklahoma City for Chris Wilcox. Hughes will make $12.8M this year and $13.7M next year, while Wilcox’s $6.8M contract will expire this year. Hence from a salary cap perspective, this is a lateral move for the Knicks.
The most obvious improvement is in the Wilcox/Rose deal. Malik Rose saw playing time early on, but has been racking up DNP-CDs since. The veteran has played in only three games since Christmas. Wilcox is 8 years younger, and has been productive. Although his PER is down this year (13.4), he’s had an above PER the two years prior (16.3 in 2008 & 16.6 in 2007). He should provide the Knicks with much needed depth at the F/C spots, and that alone will help the team this year. I’m not sure why the Thunder made this deal, unless they’re eying Rose for a coaching position.
As for the Knicks other deal, it’s not necessarily who they got that makes them better. Larry Hughes is an aging slasher/defender who perhaps was never a great defender despite his reputation. Kevin Broom and I used to discuss Hughes’ defense, and Broom thought that Hughes’ gambles on the defensive end hurt the team. As for the slasher aspect, Hughes averaged 6.9 FT/36 in 2005 and that number has decreased in every full year since (5.4 in 2006, 4.3 in 2007, 3.4 in 2008). That means he’s either not able or not willing to get to the hole more, which would explain his tumbling shooting numbers. This year has been a small rebound year for Hughes, as his TS% has increased nearly 60 points from last year (TS% 52.5%) But at this point it’s possible due to the small sample size instead of a real improvement.
What’s more important about the Bulls trade is that the Knicks unloaded three players for one. Much like Malik Rose (160 minutes played), Jerome James (10 min) and Anthony Roberson (253 min) have seen few minutes this year. With New York wasting roster spots on these three plus Curry (3 min) and Stephon Marbury (0 min), the team has been playing shorthanded nearly the entire year. With two new roster spots freed, the Knicks can grab two players from the D-League to fit specific roles (shot blocker?, point guard?) that the team needs.
In both of these deals New York has given up only one player who was in their rotation: Tim Thomas. The Knicks will be able to replace his role on the team with two players. The first is Wilcox who will give New York a big body to defend the post. The second is Gallinari who will provide scoring from the perimeter. Giving the rookie more playing time is the icing on the cake for the Knicks.