The Knicks dealt their first-round pick to the Mavericks, for No. 30 Koa Peat, who was traded to the Suns for three picks and cash.
So the Knicks get five seconds and cash to cap a wild trade and end of the first round.
Sources: New York traded No. 25 pick Sergio De Larrea to the Dallas Mavericks for No. 30 Koa Peat and two second-round picks. And then the Knicks traded Peat to the Phoenix Suns for three-rounders and cash. So Knicks move out of the first round -- pick up 5 seconds and cash.
UConn Huskies forward Alex Karaban (11) shoots the ball against Michigan Wolverines forward Yaxel Lendeborg (23) in the second half during the national championship of the Final Four of the men's 2026 NCAA Tournament at Lucas Oil Stadium. IMAGN IMAGES via Reuters Connect
A highly decorated, back-to-back national champion who offers elite floor-spacing, flawless defensive positioning, and unmatched winning intangibles.
Joshua Jefferson drives to the basket during Iowa State's March 20 NCAA Tournament game. Imagn Images
A uniquely versatile forward with a robust 6'9 frame, Jefferson can entirely orchestrate an offense, famously becoming the first player in Big 12 history to notch multiple triple-doubles in conference play.
Sergio De Larrea of Valencia Basket and Yannis Morin of Asisa Joventut in action during the Spanish League, Liga ACB Endesa, basketball Semi Final Game 3 match played between Asisa Joventut and Valencia Basket on June 14, 2026. Europa Press via Getty Images
A jumbo playmaker with elite floor vision, de Larrea uses his unique size at the point guard spot to pass over smaller perimeter defenders. Sergio de Larrea gives the Knicks a jumbo playmaker who adds size, vision and creativity.
Zuby Ejiofor #24 of the St. John's Red Storm looks for an opening as forward Tarris Reed Jr. #5 of the UConn Huskies defends. Robert Sabo for NY Post
An athletic, high-energy rim-runner who plays with an entirely relentless motor and clears out space effectively on the offensive glass. Zuby Ejiofor gives the Hawks a big who can run the floor, rebound and defend.
Labaron Philon Jr. #0 of the Alabama Crimson Tide reacts during the second half against the Ole Miss Rebels in the quarterfinal game of the 2026 SEC Men's Basketball Tournament at Bridgestone Arena on March 13, 2026 in Nashville, Tennessee. Getty Images
A lightning-quick guard who excels in transition, Philon uses his change-of-pace handle to tear apart opposing defenses. 76er's get another intriguing piece to an already solid core.
Isaac Humphries of the 36ers and Karim Lopez of the Breakers compete during the NBL Ignite Cup Final match between Adelaide 36ers and New Zealand Breakers at Gold Coast Convention and Exhibition Centre, on February 22, 2026, in Gold Coast, Australia. (Photo by Albert Perez/Getty Images)
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He averaged 11.9 points, 6.1 rebounds and 1.9 assists for the New Zealand Breakers, showing the all-around production that makes him an intriguing developmental piece. Karim Lopez gives Memphis a versatile wing who can defend, run the floor and add long-term upside around its young core.