James Dolan has an important decision to make now that he has failed to come to a new agreement with outgoing team president and general manager Donnie Walsh. Dolan must decide who will really be running this team from this day forward as Walsh slides into a consultant's role this year and, presumably, retirement in the future.
Senior VP of basketball operations Glen Grunwald has been named the interim general manager, and is one of a few candidates for the top job.
Assistant GM Allan Houston, a former Knicks star himself, is another candidate, and for the last few years some thought he was being groomed as Walsh's successor. Houston has been named GM of the team's D-League affiliate, and that could work in his favor moving forward.
Other candidates for the job include Scott O'Neil and former Denver Nuggets GM and current Knicks consultant Mark Warkentien.
There is a school of thought that all of these candidates could potentially share the responsibilities, but that would likely only lead to confusion.
What Dolan definitely cannot do is put the franchise back in the hands of Isiah Thomas, unless he wants to drive away all his fans. I feel bad even mentioning this possibility, but Dolan is just that unpredictable.