NEW YORK — As a result of Friday's frolic into a future free agent market sprawling with superstars, Knicks president Donnie Walsh sealed NBA executive-of-the-year honors. In one sated afternoon at the trade table, Walsh accomplished last March's employment assignment:
Repair the Knicks' salary cap broken by Dave Checketts and subsequently shattered and destroyed by Scott Layden and Isiah Thomas.
"The Knicks' sudden cap flexibility (on the hook in 2010-11 for $18.37 million worth of contracts belonging Eddy Curry, Jared Jeffries and Wilson Chandler) puts them in complete control of their future," an Eastern Conference decision-maker applauded.