Not only will the Knicks lose Linsanity, they will lose their Greek flavor.

In the Raymond Felton deal in which a source told The Post spells the end of Jeremy Lin in New York, the Knicks gave up their second-round pick Kostas Papanikolaou of Olympiakos, selected 48th on June 28th.

Papanikolaou will not play next season but was slated to join the Knicks in 2013-14. On Draft Night, GM Glen Grunwald acknowledged Papanikolaou could be used as a trade chip because of his future stock.

Also in the deal was his teammate, Georgios Prentezis, whom the Knicks acquired from Dallas in the Tyson Chandler sign-and-trade in December. Prentezis' salary at Olympiakos made it impossible for them to bring him this season either.

The Post reported last night on its website the Knicks will not match Lin's $25M offer sheet with the $14.9M balloon payment because of the Felton deal, citing an NBA source. The Knicks also gained another former player in the Felton package, 39-year-old power forward Kurt Thomas. They signed and traded their free agent Jared Jeffries in the Felton deal.

Read more: http://www.nypost.com/p/blogs/knicksblog/knicks_give_up_greek_draft_pick_MA3q9YPbHrQcQG0axeTQKO#ixzz20ii25Vgo

And we are letting Lin go. Man, what looked so good after the unions decision on bird rights has just taken an about face. Amazing job Dolan.

Anubis - We gave up somethings for a player nobody wanted. Think about that.

AnubisADL wrote:We gave up a rookie Euro who would have collected splinters all year? I dont see the problem.

Bonn1997 wrote:

AnubisADL wrote:We gave up a rookie Euro who would have collected splinters all year? I dont see the problem.

The problem is that there should not have been any reason to do an of this. Dolan's just looking for reasons to overpay players and give away as many draft picks as possible. He did the same thing (throw away picks) with the Camby S & T. He did the same thing the past 12 years actually.

Do you hear yourself. Knicks are trying to compete for a championship. That means rolling with the vets. They are trying to win as many games as possible to ensure a high draft seed. No time for developing players.

This is as clear as day. Knicks are being very transparent with their intent to compete RIGHT NOW. They are acquiring proven vets.

AnubisADL wrote:

Bonn1997 wrote:

AnubisADL wrote:We gave up a rookie Euro who would have collected splinters all year? I dont see the problem.

The problem is that there should not have been any reason to do an of this. Dolan's just looking for reasons to overpay players and give away as many draft picks as possible. He did the same thing (throw away picks) with the Camby S & T. He did the same thing the past 12 years actually.

Do you hear yourself. Knicks are trying to compete for a championship.

AnubisADL wrote:We gave up a rookie Euro who would have collected splinters all year? I dont see the problem.

Has to do with a mindset. On another post I said the Greek would be gone soon, although I did not expect it to be this soon. Shumpert will be next.

One of the nice things about following a team is watching your young players mature and become productive. This is especially true in the NFL and MLB. They all don't work out, but that is how things go.

We've become a team with no youth and we are going to be dependent on whether or not the appropriate set of free agents are all available when the respective contracts of our present crop of players end. Young players, especially those who are part of a good franchise, are given a chance to play minor minutes, learn a system, and eventually emerge as starters. We have obviously decided that this is not a good idea.

Dolan is trying to build a team around 2 second level stars, one of whom may never be the player he was if his back does not heal, the other a guy who has decided that the team's offense has to revolve around him or he is not going to give a 100% effort. We now have 4 players who are 35 years of age, or more, and 3 who are 38 and above.

Can't wait for Herb Williams to suit up again, and Allan Houston to make a comeback.

earthmansurfer wrote:

Paladin55 wrote:

AnubisADL wrote:We gave up a rookie Euro who would have collected splinters all year? I dont see the problem.

Has to do with a mindset. On another post I said the Greek would be gone soon, although I did not expect it to be this soon. Shumpert will be next.

One of the nice things about following a team is watching your young players mature and become productive. This is especially true in the NFL and MLB. They all don't work out, but that is how things go.

We've become a team with no youth and we are going to be dependent on whether or not the appropriate set of free agents are all available when the respective contracts of our present crop of players end. Young players, especially those who are part of a good franchise, are given a chance to play minor minutes, learn a system, and eventually emerge as starters. We have obviously decided that this is not a good idea.

Dolan is trying to build a team around 2 second level stars, one of whom may never be the player he was if his back does not heal, the other a guy who has decided that the team's offense has to revolve around him or he is not going to give a 100% effort. We now have 4 players who are 35 years of age, or more, and 3 who are 38 and above.

Can't wait for Herb Williams to suit up again, and Allan Houston to make a comeback.

Good point about Stat - we hope he is ok. And IF he isn't, our other great scorer in Lin is gone.

Draft express btw - had Papa as the #1 rated International prospect. We traded that and more for Felton? The Brooklyn (where I'm born) Nets are looking better and better as an outlet. That would piss Dolan off if the fan base starts to leave.

Have fun rooting for the Nets.

smackeddog wrote:Isn't this the same pick people were crying about on draft night, claiming we wasted it and he wouldn't come over for years if at all? Now it's been traded and it's a terrible, tragic loss.

Yep, it's worrying we have no assets, but as Lin and Fields have shown, under this cba it's going to be impossible to keep them anyway once it's time to get paid. Better to get cap space and poach another teams player (which they can't keep due to the new cba). In 3 yrs we can either rebuild or retool.

We're not getting cap space, what are you talking about? For the next three years, the length of Lin's contract, we're in cap hell anyway.