Can I ask where those saying we should wait stand on the idea that Melo panics and goes either with NJ or re-signs in Denver and we end up missing out on a quality player yet again only this time it's OUR fault?
I see the best scorer in the league (arguably) I see him wanting to come here ahead of other teams inspite of the fact he'd be better served if he wanted to win now going elsewhere (painful but true).
Melo shouldn't have to mortgage his future just because the Knicks wasted their talent and picks and had to rebuild from scratch, this isn't his fault it's ours and all we are doing is paying the price for poor trades in the past.
Chuck is completely right that Melo on his own doesn't make us a definitive contender in the east, it doesn't however mean we shouldn't do this deal giving up practically nothing in the long run (Gallo's potential and a first rounder for Melo? I don't even count Felton who was a stand in and Chandler whose worst enemy is himself).
Melo signs and then we have CP3/D-Will and others clamouring to come here in 2012 to play with him and Amar'e, oh and we have cap space as well.
Where is exactly is the sense in NOT doing this deal now?
You want to risk not getting in many people's eyes the best pure scorer in the league in the most volatile financial market in and out of Basketball we've ever seen.
Glad it's not my money you're playing with!
We played our part, we've low balled well, now sign the damn deal.