The Knicks chose not to participate in the 2016 NBA Draft

Golden State paid $2.4M to Milwaukee for the No. 38, source tells @TheVertical

— Adrian Wojnarowski (@WojVerticalNBA) June 24, 2016

Utah has traded the No. 42 pick to the Nets for No. 55 and cash, sources tell @TheVertical

— Adrian Wojnarowski (@WojVerticalNBA) June 24, 2016

Source: To get Maryland's Jake Layman at No. 47, Portland will send Orlando $1.2M and a 2019 second-round pick.

— Adrian Wojnarowski (@WojVerticalNBA) June 24, 2016

Cleveland is drafting Oakland guard Kay Felder with the No. 54 pick, buying it from Hawks, sources tell The Vertical. Explosive PG.

— Shams Charania (@ShamsCharania) June 24, 2016

Denver is selling the 56th pick to OKC, source tells @TheVertical.

— Adrian Wojnarowski (@WojVerticalNBA) June 24, 2016

With $3.5 million in hand, those are all things the Knicks could have done tonight, but they chose not to. That's not a huge deal -- perhaps the guys the Knicks liked best in workouts are still available, and indeed undrafted free agent additions will start rolling in quickly with Orlando Summer League nigh (July 2). It's just a bummer to watch a whole draft and end the night without any grainy YouTube videos to enjoy. Rookies are fun, and especially since the Knicks dealt Jerian Grant, it'd have been nice to restock the roster with some young guardsmanship just for that fun. Again, perhaps said fun youngster is yet to come, but we now know it won't be, say, Tyler Ulis or Patrick McCaw or Demetrius Jackson or Kay Felder, or Isaiah Whitehead, who I really came to like this year. Not because the Knicks couldn't get one of those guys, but because they chose not to.

So, the Knicks still employ 5 players. That's a lot of signing they'll need to do! We'll see which remaining rookies will join them in Orlando soon. Plenty of interesting guys remain.

(Shoutout to  reporters who just sat in New York's draft night viewing room, and only got some Phil/Hornacek quotes and one tiny scoop for their trouble.)