"The Mavericks and the New York Knicks have consummated a six-player trade that sends center Tyson Chandler back to Dallas. The Mavericks completed a trade with the Knicks that was clinched by agreeing to take back the contract of New York's out-of-favor guard Raymond Felton as well. The trade cost Dallas two starters -- point guard Jose Calderon and center Samuel Dalembert -- along with prized young point guard Shane Larkin, reserve guard Wayne Ellington and the 34th and 51st picks in Thursday's draft."

The Knicks took Cleanthony at 34 and Thanasis at 54. We likely would have let Chandler walk in FA this year, so had we not made the move we would still have Felton on the books for one more year ($4.5 MM), plus the savings netted from having Felton instead of Calderon ($2.9 MM) likely would have meant either not signing Seraphin and signing a guy for $5.7 or so, or signing someone of Seraphin's caliber at around $2.9 MM. Instead, we have Calderon ($7.4 MM this year, $7.7 MM next year) plus Early ($845K this year) and Thanasis likely returning to the Westchester Knicks.