The Knicks agreed to hire Scott Perry from the Kings.
But Perry, having been hired fewer than three months ago, was still under contract in Sacramento. So, the Kings will get compensation.
Sam Amick of USA Today:
Kings and Knicks have reached an agreement on Scott Perry's NY GM deal, I'm told. Kings get a 2019 2nd round pick & cash considerations.
— Sam Amick (@sam_amick) July 14, 2017
The Knicks are slated to get the worst 2 of Orlando's, Cleveland's, and Houston's 2nd rounders in 2019. Kings will get the best of those two
— Sam Amick (@sam_amick) July 14, 2017
Adrian Wojnarowski of ESPN:
Scott Perry has agreed to a five-year contract to become New York's general manager, league sources tell ESPN.
— Adrian Wojnarowski (@wojespn) July 14, 2017
That’s a hefty price for a No. 2 in the front office. Perry will hold the title of general manager in New York, but all indications are Steve Mills will run basketball operations as team president.
Front-office titles can be wonky. Some presidents handle just the business side, leaving the general manager to assemble the roster. Some teams don’t have presidents at all, and the general manager is clearly in charge of basketball. Other general managers are really like assistant general managers elsewhere.
How much influence Perry will have remains to be seen. It would be very Knicks to send the Kings so much then barely get much from him.
After all, this is a team paying a lot of money to Joakim Noah, Courtney Lee and Lance Thomas. The Knicks just entered into a massive four-year deal with Tim Hardaway Jr., too. Carmelo Anthony is (was?) on the trade block. Kristaps Porzingis is the jewel among the wreckage, but even he is dismayed by the state of affairs.
No matter his exact role, Perry is in for a major undertaking.
The job isn’t much easier for Vlade Divac and crew in Sacramento, but at least the Kings will get an extra pick. That can’t hurt.