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Chauncey Billups will take Raymond Felton's minutes in the lineup. Billups is a much better three-point shooter than Felton, which is imperative in Mike D'Antoni's offense. However, Felton is a better defender and distributor.
I don't expect Billups to undergo a severe transition period on the court, as he is leaving an offensive system in Denver that also liked to push the tempo and use the three-pointer as a primary weapon. He also has developed a rapport with the Knicks' newest focal point on offense, Carmelo Anthony, having played with him for nearly three full seasons.
Toney Douglas will still be the backup at point guard, and he probably will be receiving more minutes at the position. Billups, at 34 years old, averages 32 minutes per game while the 27-year-old Felton notches 38 minutes on the court. Douglas still has a little bit of trouble controlling the team on offense, but he can go off for 20 points on any given night.
Anthony Carter becomes the team's third option and will see some time here and there.
Ultimately, the Knicks will suffer a slight downgrade at point guard. The Knicks will miss Felton's quickness in the open court and underrated defense, but Billups will fit in nicely on offense and win Madison Square Garden fans over quickly with his clutch outside shooting.
On a side note, Frank Isola of the New York Daily News has reported that sources tell him Billups has been told by Knicks officials that his 2011-12 option will be picked up.
To close, let's compare the two players' 2010-11 stat lines.
Felton: 17.1 PPG, 9.0 APG, 3.6 RPG, 42.3 FG%, 32.8 3FG%
Billups: 16.5 PPG, 5.3 APG, 2.5 RPG, 43.8 FG%, 44.1 3FG%
Billups averaged 8.5 points and seven assists in his two meetings against New York, while Felton went for 19 points and 14.5 assists per game versus Denver.