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The New York Knicks and Sacramento Kings have worked out compensation that will finalize the hiring of Scott Perry as Knicks general manager.
According to USA Today, the Kings will receive a 2019 second-round draft pick and cash considerations for allowing Perry to leave his post as the team’s executive vice president of basketball operations.
Perry just took the Kings job in April, after holding a similar position with the Orlando Magic for five years.
During the past month, the Kings selected De’Aaron Fox, Justin Jackson, Harry Giles and national college player of the year Frank Mason in the NBA draft — and added veterans Zach Randolph, George Hill and Vince Carter in free agency.
The Knicks have been searching for a top basketball executive since parting ways with team president Phil Jackson last month. Current GM Steve Mills will now be promoted to Knicks president, with Perry reporting to him.
Perry will reportedly sign a five-year contract with the team.
“Mills will still retain ultimate authority in the front office, but Perry will be given the freedom to operate as he chooses, league sources said,” according to ESPN. “He will be the day-to-day voice running the basketball side.”
As for the Kings, they are now expected to begin a search for a potential Perry replacement.
As for the Knicks, owner James Dolan is banking on the idea that the under-the-radar Perry will work out better than previous big-name hires such as Jackson and Isiah Thomas.