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Free Agency Moves: Signed Jason Kidd, Pablo Prigioni, James White, Ronnie Brewer and Chris Smith, re-signed Steve Novak and J.R. Smith, acquired Marcus Camby via sign-and-trade from Rockets, acquired Raymond Felton via sign-and-trade from Blazers and declined to match Jeremy Lin's offer sheet from Houston
The Knicks have certainly been busy this offseason, but that's not necessarily a good thing.
Some of New York's signings were stellar. Brewer and Smith were nothing short of a steal. Camby's deal was justifiable, and so was Novak's. But the Knicks still flunked.
There are two rules you must abide by in New York: 1) Never eat any food that has touched the city streets and 2) You never, under any circumstance, walk away from an asset empty-handed.
The Knicks are guilty of the latter—and possibly the former, because I'm not sure what Mr. Dolan considers fine cuisine these days—and there's no recovering.
I don't care how much of a fluke Lin supposedly is; he was hot property, and you don't declare you'll match any offer up to $1 billion only to balk at $25 million, knowing you'll get no assets in return.
And yet it doesn't stop there.
Lin's "ridiculous" contract prompted the Knicks to commit four years to Felton, who is coming off the worst season of his career. That's the move I'd truly call ridiculous.
Point guard has been the position in the greatest flux for the Knicks since before Felton's first stint in New York, and once again, the team did nothing to establish continuity at it this summer.
And that's borderline unforgivable.