The trade the Knicks arranged to acquire Raymond Felton and Kurt Thomas from the Blazers apparently can't happen until tomorrow, but it seems both sides have ironed out the details. Jason Quick of the Oregonian reports:
Blazers-Knicks trade will go through tomorrow. Blazers get Jared Jeffries, Dan Gadzuric, Kostas Papanikolaou and Georgios Prentezis and $$
Knicks get Raymond Felton and Kurt Thomas. No other Blazers players will be included. Knicks will pay Jeffries' $1.35M salary
Yo, I love Raymond Felton and I'm happy to have him and Kurt Thomas back in New York. But even putting aside the fact that I'm still praying for Felton to be one of Jeremy Lin's back-ups, not his replacement, I think that's too much to give up for Raymond Felton and Kurt Thomas. Felton's coming off a very rough year and Thomas could very well contribute less than Jeffries would next season. A bundle of Jeffries, Gadzuric's trade-able contract, cash, an intriguing prospect, and even the opportunity to type the phrase "Big Fish" now and then (if not "Big Fish" himself), seems a princely sum for Raymond Felton and Kurt Thomas in 2012.
(Thing that keeps happening: 1. Reporters tweeting hastily and in shorthand mention picks, rights, and cash changing hands in Knicks deals. 2. I take small pleasure in the fact that the Knicks have acquired some small pick or bargaining chip in the deal. 3. The full details come out and all small assets changing hands are leaving New York. I need to stop falling for that!).
But anyway, I'd have a much easier time talking myself into this deal if I had any confidence that Jeremy Lin would be sticking around. If that doesn't happen, I suppose the Knicks got a decent starting point guard and some frontcourt depth. I think that team is a worse team than the one with Jeremy Lin on it (yet no more flexible), but I'd still predict it to be a decent team.