Knicks Hire Kings VP Scott Perry As GM

The Knicks and Kings have agreed on compensation terms and New York can officially hire Perry, league sources tell Wojnarowski and Ian Begley of ESPN.com. Bobby Marks of ESPN tweets that cash and perhaps a second-round pick seems like fair compensation for Sacramento, but it’s not clear what sort of terms the two sides are discussing.

ESPN’s full report also confirms that Perry would report to Mills in the Knicks’ new-look front office, with Mills being promoted to president. While Mills would have the final say, Perry will have “tremendous freedom” to operate and will be the day-to-day voice running basketball operations, per ESPN.

The Kings will receive cash considerations and either Houston's or Cleveland's 2019 2nd round pick depending on which is better.