Residents of the Empire State, please check your emergency survival kits.
According to ESPN New York's Ian Begley, the Knicks are working with World Peace's representatives "on a buyout or outright release."
This was supposed to be a dream season for the Queens native, but it's been nightmarish almost from the very start. Nightmares don't usually have happy endings, and World Peace's brother, Daniel Artest, took to Twitter to make sure this would be no exception.
The 31-year-old has since removed his rant, but not before his words were left hanging out there long enough to do the damage intended, as Sporting News was able to screen grab a handful of tweets before they were deleted.
"Mike Woodson is trash as a coach," Daniel Artest wrote. "That's my opinion. The Knicks are a trash organization. That's my opinion too. Melo deserves better. Fact!"
I wonder if Carmelo Anthony would agree with that quote. I guess we'll all find out how Melo regards the Knicks when the league's reigning scoring champion decides his future during the offseason.
If this really is a "trash organization" as Artest says, that wouldn't really speak well for his brother.
One of New York's biggest problems has been surrounding Anthony with complementary talent. From injuries to chemistry issues to roster redundancies, the Knicks have continually guessed wrong on the trade market and in free agency.
In that respect, World Peace has been more a part of the problem than the solution:
Whether Artest truly feels this way about the franchise or simply had some steam to burn isn't certain.
What is clear is that World Peace doesn't share his brother's views. At least not publicly.
World Peace battled knee problems for much of the year and never found a permanent home in coach Mike Woodson's rotation. He made just 29 appearances for the Knicks, averaging 4.8 points in 13.4 minutes.
Begley adds the Knicks are also working on a release or buyout for reserve point guard Beno Udrih.
If this franchise is really as bad as Daniel Artest says it is, at least it seems to be attempting to right some of its wrongs. It has to start somewhere.