Isaih Thomas Introduced as New Knicks GM

The Knickerbocker Empire got its prize in Melo, but the real battle begins now

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Congratulations, Mr. Dolan! You’ve landed your prize! You have two, count ’em two, stars to fill the seats in Madison Square Garden. Carmelo Anthony joins Amar’e Stoudemire for the Knicks and the star power is through the roof now in New York. You have successfully acquired a second NBA All-Star, which is difficult to do and a testament to the power of the brand you acquired (and have largely run into the gutter for the past decade, but that’s beside the point).  This is a huge day for you and you should be proud and happy. Bask in the glow of the media attention and the jersey sales for today through Wednesday night’s probable Melo debut.

Then get ready for some massive headaches.

After this move settles down, Dolan and his crew are going to be facing one of the tightest cap situations in the league, regardless of how the CBA works out. They now have close to $40 million on the books for next season and seasons going forward between just two players. That’s a whole lot of money in two guys, when you need a solid seven at the very least to compete for a championship.  It’s been said that you can develop role players. That’s absolutely true, but it also takes draft picks to get those guys, and the Knicks are now missing their 2012 and 2014 picks. So how they’re going to get there is going to be a little bit tricky. And it’s going to take someone like Donnie Walsh, a shrewd evaluator of talent, to figure out how to get the support Melo and Amar’e will need.

But will Walsh even be around? Reports are rampant in the wake of this trade that this was Isiah’s work, pressing Dolan to intervene, and not Walsh. Walsh, consistently has played his cards tight to his chest, knowing he held leverage and could get Melo and keep the supporting pieces to put the Knicks on an advanced track. Instead, Dolan let Thomas get his ear, and now there indications that the shadow that held over the Garden for five years is creeping over the gates. Thomas is making a power play and Dolan is caving to it, even as it’s been Walsh who has guided the team back to relevance, being careful and considerate with his decisions.

The Knicks’ future won’t be decided on the floor with superstars with bright lights in their eyes balancing being cultural icons and All-Stars. It will be decided in boardrooms, both inside and outside the MSG Empire. Internally, if Dolan continues to seek out Isiah Thomas’ counsel, undercutting Walsh, that situation will become untenable. Walsh has been around too long to put up with that kind of circus act especially with his contract up at the end of the year. Getting Melo is an upgrade, but it came at a price and Walsh has to feel like if he’d been granted control, Anthony could have been had without giving up so much. If Isiah Thomas somehow works his way back into the driver’s seat of the Knicksmobile, expect the fans’ reaction to be nothing short of outrage.

Outside the Knicks, though, is another fight Dolan will be involved in. The CBA negotiations take place this summer, and while his fellow owners are pushing for a drastic reduction in the salary cap and possibly a hard cap, Dolan may have to try and politic his way into finding a base for compromise. In short, anything which restricts player movement and lowers the cap without rolling back the current contracts of Stoudemire and Anthony is going to keep the Knicks from being able to do what Dolan wants: buy their way into a championship. The next piece of this puzzle comes in 2012 for New York, as they attempt to chase Dwight Howard, Chris Paul, and Deron Williams. But if the Knicks are cap strapped thanks to this move and a revamped CBA, that goes out the window and the Knicks are looking at a roster-limited team  with no structure beneath the big jewels up top.

And guess what happens, then? Should the Knicks fail to contend for a championship because they can’t get the pieces around the two stars, it wont’ be Dolan admitting his mistake or allowing Walsh to work his magic. Instead it will be Mike D’Antoni’s job on the line as the idea will surface that it’s his fault the Knicks go further. We’ve seen this pattern before in the NBA.

The Knicks hit the big time. Now we have to see if the organization as a whole can survive under the lights.

Dion Waiters explains decision to sign with the Heat in an Instagram post

OKLAHOMA CITY, OK - MAY 24:  Dion Waiters #3 of the Oklahoma City Thunder reacts in the first quater against the Golden State Warriors in game four of the Western Conference Finals during the 2016 NBA Playoffs at Chesapeake Energy Arena on May 24, 2016 in Oklahoma City, Oklahoma. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Ronald Martinez/Getty Images)
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On Monday, Dion Waiters agreed to a one-year, $2.9 million deal with the Heat, far less than most people thought he would get as one of the few significant free agents still on the market. Tuesday afternoon, he posted an explanation on Instagram for his deal.

Here’s what he said:

I didn’t do it for the money… I did it for the opportunity to go out & ball & have fun. Everything else will take care of its self!!! I just felt like it was the best situation for me…& my family. I could have waited & got wat I wanted. But I rather be happy then miserable at the end of the day!!! Meaning Yu can have everything & still not be happy… #heatnation let’s get it!!! #provethemwrong #stamped #Philly

It seems clear, based on the market, that the kinds of offers Waiters was hoping for weren’t out there for him. In Miami, with Dwyane Wade gone, he’ll probably start at shooting guard and have plenty of opportunities to prove himself in hopes of landing a long-term deal next summer.

Report: Celtics sign second-round pick Demetrius Jackson to four-year deal

PHILADELPHIA, PA - MARCH 27:  Demetrius Jackson #11 of the Notre Dame Fighting Irish walks to the bench late in the second half against the North Carolina Tar Heels during the 2016 NCAA Men's Basketball Tournament East Regional Final at Wells Fargo Center on March 27, 2016 in Philadelphia, Pennsylvania.  (Photo by Elsa/Getty Images)
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While we wait for the Celtics to make a bigger move to trade for another star, they’re filling out the end of their roster. Sheridan Hoops’ Michael Scotto is reporting that they’ve signed Demetrius Jackson, the No. 45 pick in last month’s draft, to a four-year deal.

Jackson declared for the draft after his junior season at Notre Dame. Talent-wise, he has the chance to be a major steal for Boston — DraftExpress has him ranked as the 17th-best overall prospect in this year’s draft class. But he might not play much his first year. The Celtics’ roster is already crowded and there’s still the chance that they’ll make another move with some of their much-vaunted assets if the right star becomes available.

Hawks sign former Michigan State center Matt Costello

ST LOUIS, MO - MARCH 18: Matt Costello #10 of the Michigan State Spartans handles the ball against Darnell Harris #0 of the Middle Tennessee Blue Raiders in the second half during the first round of the 2016 NCAA Men's Basketball Tournament at Scottrade Center on March 18, 2016 in St Louis, Missouri.  (Photo by Dilip Vishwanat/Getty Images)
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ATLANTA (AP) — The Atlanta Hawks have signed undrafted rookie free agent center Matt Costello of Michigan State.

The 6-foot-9, 245-pound Costello averaged 5.7 points and 5 rebounds on the Hawks’ summer league team in Las Vegas.

Costello averaged 10.7 points and 8.2 rebounds as a senior at Michigan State. He holds the school’s career record with 146 blocked shots.

Terms of the deal were not released.

Watch Jamal Crawford drop an effortless 44, hit game winner at Seattle pro-am

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Jamal Crawford knows how to get buckets.

He does it against NBA level defenders, so put him in a free-flowing pro-am — let’s say the Seattle pro-am in his hometown — and he barely breaks a sweat dropping 44. And nailing the game winner.

Doc Rivers hopes to see a lot of that next season.