Mar 18, 2014; New York, NY, USA; New York Knicks new president of basketball of operations Phil Jackson is introduced at a press conference at Madison Square Garden. Mandatory Credit: William Perlman/THE STAR-LEDGER via USA TODAY Sports

Rumors: New York Knicks plan to purchase second round pick in 2014 NBA Draft

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The New York Knicks find themselves without a draft pick in the 2014 NBA Draft with their lottery selection headed to the Orlando Magic and their second round pick headed to the Houston Rockets. With that in mind, the team’s front office is still setting up draft workouts as if they had a pick and may be planning an attempt to purchase a middle to late second round pick, according to Marc Berman of the New York Post.

The Knicks have started pre-draft workouts without a coaching staff or a draft pick. The training staff is conducting workouts. The Knicks plan to purchase a late-to-mid second-round pick, according to an NBA source.

The Knicks have already had workouts for a few draft prospects, including Penn State’s Tim Frazier, but any chance of the team moving high into the second round or even the first round is unlikely with the lack of assets the team holds at the moment after a disappointing 37-45 season. Buying a pick isn’t uncommon for later selections in the draft as many playoff teams will consider attempting to save money by trading the pick for cash or taking an international player to stash and consider bringing over in a year where a spot presents itself. Finding value late in the draft will still be difficult if the Knicks are successful in finding a draft pick for themselves, but an insertion of young talent will be a welcomed presence with the team looking to make a return to the playoffs next season.

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Tags: 2014 NBA Draft New York Knicks

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