Babcock / Isiah

This trade by itself isnt that bad for the Knicks, although Isiah obviously is takin a big risk. The biggest problem with this trade is that it hurts New Yorks already horrible cap situation. In 2007 Lebron becomes a free agent and you can be sure that his sponsors will want him in New York, and that he will want to be in New York because he will get paid even more by his sponsors. In the NBA, a team can not sign a free agent from another team if they are over the cap, except for the mid-level exemption. Therefore the Knicks, who were already in a monster hole as it was are now even worse off, plus they traded their only bit of cap relief- Tim Thomas.