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New York can remain the big brother for at least one more year.
The New York Knicks have been the luckiest New York team of the last couple decades.
In every other major sport there are two New York-based teams: the NFL has the Giants and Jets, the MLB has the Yankees and Mets, and the NHL has the Islanders and Rangers. Loyalties have always been divided, whether it is between boroughs or even within them.
But in terms of basketball, New York has always been unified around one team that plays in one of the most historic arenas of all time.
Now, however, things are changing in the Big Apple. Brooklyn, which hasn't had its own pro team since 1957, is being taken over by an energetic team with a brilliant new arena, a super-rich owner and several superstars. The Knicks may lose some of their fanbase, and the other boroughs might consider making the switch slowly as well.
That's why this failed deal was so key in keeping the Knicks in the driver's seat. They still have more of the headlines, featuring guys like Carmelo Anthony, Amar'e Stoudemire, Tyson Chandler and Jason Kidd.
Without Dwight Howard, the Nets' star power doesn't even compare to their crosstown rivals which means that MSG will be the focal point of New York basketball for at least a couple more years than it would've been otherwise.
And who knows? This failed deal, if it leads to zero championships for the current Nets core, could lead to the Knicks dominating the Nets like the Rangers dominate the Islanders in hockey.