Will Donnie Walsh's big gamble land LeBron or D-Wade this summer?

So, the Knicks did what they had to do clearing enough space to ready for this summer and chase the dream LeBron and D-Wade. That’s all well and fine moving forward for a dysfunctional franchise that hasn’t been taken seriously for a decade. Maybe Donnie Walsh will luck out. He’s essentially throwing all his eggs in one basket, sacrificing future No.1 picks (’11, ’12) and draft flop Jordan Hill in a desperate attempt to lure King James to Broadway.

Will it work? You probably have a better shot at dating Ana Ivanovic. James, Wade and other prospective big names Chris Bosh, Joe Johnson and Amare Stoudemire have to decide what’s best for their careers. With a lot of uncertainty surrounding the Knick roster, can they win right away in the Big Apple? A pro outlook would be that young guns Danilo Gallinari and Wilson Chandler are solid ballers who should only improve. Adding T-Mac who’s off to a decent start in his Orange and Blue debut donning Starbury’s No.3, is low risk. If he performs, maybe they convince him to stay thinking he can convince a couple of big names to team up. Whatever happens, McGrady’s contract comes off regardless.

Adding long distance threat Eddie House to the mix is wise as he’s proven it in the spotlight helping the Celtics to an NBA title. The 31 year-old 10-year vet will be a perfect fit for Mike D’Antoni’s system. Hey. They rid themselves of self-serving Nate Robinson, who despite talent needed a change of scenery. Perhaps going to Beantown under Doc Rivers with demanding stars KG and Paul Pierce will pay off as Boston takes another run at the brass ring. Good luck! An added bonus for Walsh is that he got a No.1 pick conditional second rounder back for a player who was a team headache and wasn’t returning. Big ups for the former Pacer executive.

What about “Mr. Double Double” David Lee?!?!?!?!?! No question the late No.1 pick under Lord Isiah has been a good pro earning his first All-Star appearance even if it was due to injury. It’s hard not to admire the 26 year-old former Gator who’s improved every year. The undersized starting center gets 20.1 pPG and 11.5 rebounds along with a career high 3.5 assists. All excellent numbers which make him a staple of D’Antoni’s offense. However, he can’t play a lick of D frequently getting beat up inside. Unfortunately, playing out of position against stiffer competition has its drawbacks. He’ll be a free agent again after the season looking for a nice raise. Last year, there wasn’t any market. So, he stayed put and has been a good soldier. As sufficient as he is offensively, it’s doubtful the Knicks re-sign him.

Let’s say they land LeBron or Wade. Would Lee take less to stay or does he move on? Buyers also might ask if he’s a product of the system. Valid question. Honestly, he would be better served on a team boasting a legit big which would alleviate pressure.

Based on what we’ve seen from McGrady, who’s got a team high 19 along with three dimes in the first half versus Kevin Durant and the Thunder, he’s shown flashes- finishing strong scoring the last five on a trey from the left key plus a bucket putting the Knicks on top 57-52 at the break. He’s 7-of-12 from the field with a trey and 4-of-4 from the line in 17-plus. A nice debut yet there’s still two more quarters to go. At the opening press conference, he did indicate he’d consider taking less if they could land a big fish. But let’s also remember this is a former top star playing for a contract, who’s back from microfracture surgery with his career at stake. In short, he has to do what’s best for T-Mac.

If there’s a negative, it’s that both Gallinari and Chandler hardly touched the ball, combining for only six points in the opening 24 minutes. Not what you want to see. Sergio Rodriguez and Chris Duhon both have goose eggs with just three assists. For as much attention as what the organization has done for the Class of 2010, the glaring weaknesses of no true PG or center are still apparent. Unless Spanish Chocolate or MIA Tony Douglas prove otherwise, that’s a huge hole.

Walsh also failed to move Al Harrington, who’s still in the rotation. Sure. The former St. Patrick’s star has been a solid Knick putting up respectable numbers. But he’s taking away minutes from a kid. Al’s not part of the future. So, it doesn’t make much sense.

Then again, it’s easy to forget that the franchise is still run by Jazzy Jim. One thing that’s lost is that Dolan wants the big names to make the team a hot ticket. He doesn’t necessarily care about winning championships. It still will be intriguing to see how the big summer plays out. For now, the offensive-minded Knicks play out the string with few part of the plan.

We’ll see if the big gamble pays off.