The New York Knicks have traded Tyson Chandler and Raymond Felton to the Dallas Mavericks in exchange for Jose Calderon, Samuel Dalembert, Wayne Ellington, Shane Larkin, and the 34th/51st picks in the 2014 NBA Draft. This has massive implications for both teams. For the Knicks, it means they have officially gone into rebuild mode and will not hedge their bets on the unlikely return of Carmelo Anthony in free agency. For the Mavericks, it means they want to make another championship run before Dirk Nowitzki has visible liver spots.
Although the deal is mutually beneficial to suit these purposes, the Knicks are definitely the overall winners here. Felton had two more seasons under contract at more than $4M apiece. By convincing the Mavericks to dive on that grenade, the Knicks cleared valuable cap room for free agency while ousting possibly their most incompetent player. Chandler’s departure, on the other hand, is a somewhat jagged pill to swallow. They will sorely miss his defensive play, but the injury prone 31 year old was taking up $14.6M in 2014-2015. This trade saved the Knicks about $4M next season.
For the Trail Blazers, it just means another potential powerhouse in an already stacked conference and one more matchup in which to smite Felton next season. The pudgy scourge of 2012 now plays for a heated rival. It should make for some entertaining basketball. In the meantime, keep an eye on the Knicks, who may target Mo Williams to bolster their thin, young bench – just as the Trail Blazers did last year.