I only think the Knicks would do this if they knew they were not going to get Lebron, Bosh, or Wade. If they had to "settle" for a Joe Johnson or Boozer, then they might do this deal just to get a shorter contract in. But it'd have to be more than just Ray. Probably Ray, a 1st rounder, and a player. They'd probably ask for Davis since that 1st rounder will only be a pick in the 20's. For Lee, I would be willing to do that. Sign Lee for 4 years at 12-13 mil per with an option for a 5th year and there's Garnett's replacment and a bonafide All-Star caliber PF for the next 5 years.
It's the best type of trade since it helps the team this year and in the future. Then we sign Mike Miller for the MLE and hope Brad Miller takes the vet minimum for a chance at a ring. If not, bring in a guy like Ilgauskas who will have no choice but to play for the vet min.
Our rotation would look like this:
Rondo/Nate or vet min.
Mike Miller/Tony/Bradley
Pierce/Mike Miller/Harangody
Lee/Harangody
Garnett(til Perk comes back)/Brad Miller or Big Z/Parakhouski or Erden
That's a beast of a front court, especially when Perkins comes back. And a nice mix of young and old.