This would be my answer
IF we were on the outside looking in at the playoffs--and a long shot to make them and even worse to do damage
I believe we have many small inexpensive assets that could give us picks in the 2014 draft from playoff teams both in the first and second round. The 2014 2nd round draft will be better than the 2013 FIRST round draft--so consider ANY draft pick next year a first rounder.
Candidates
Udirih
MWP
Kenyon Martin
Pablo P
all 4 are vets making less than 1.5mm who can help an NBA playoff team searching for quality depth
Even Felton could be had at the right price--as he does not make that much in this game.
Looking at a tunr around model that has worked quickly the Orlando Magic have turned themselves around VERY quickly using a sell your top guy for top cheese and gather any and all assets from young players to additional draft picks and they have one of the most promising teams WHO will vie for a championship in the next 3 years. The Knicks have a MASSIVE potential FA in 2015--we could essentially do a 1.5 year rebuilding where this time we build a core STICK with it instead of trading it all away for one player and rebuild something that might just be broken more than anyone of us believed.
We have the ability to turn this around quickly if this season goes sour because we have that FA. This team was not built as a long term gig--we have retreads last year and this year--last years bunch burned out. This years--is also pretty old. If we are not in plausible playoff contention---my idea is to sell the farm to garner assets as many as possible divorcing from CA going for multiple later 1's and 2's in the 2014+2015 draft with the big eye on the 2015 FA class.
In this scenario--I would be willing to trade anyone in the right deal. I do not believe there are untouchables in this team.