I think the Knicks have to maintian flexibility for the Paul/Howard/Williams summer. That could be capspace or:
(1) load up on one year rentals
(2) sign young, talented players to Raymond Felton type contracts
I would target:
(1) Shane Battier, Grant Hill, Michael Redd, Aaron Gray, Jason Richardson, Carl Landry, Andrei Kirilenko, Nazr Mohamed, David West, Caron Butler
(2) Shannon Brown, Aaron Brooks, Nick Young
I'd also look into trading for James Harden... but I hgihly doubt there would be a fit. But who knows