Funny you added the Cavs in there. I think if Knicks gets eliminated in the 1st round then they should approach the Cavs.
Melo for Speights, Tristan Thompson, Dion Waiters, Alonzo Gee, CJ Miles, 2013 1st round pick(4th overall), 2013 1st round pick(28th pick), 2013 2nd round pick(32nd overall), 2013 2nd round pick(34th pick)
Knicks just got rebuilt. Maybe we get lucky and get Marcus Smart.
Why would Cavs do it? Irving/Melo/Varejao core would be really good. It should open up some cap also so they can sign some UFAs.