The New York Knicks are suddenly the center of the NBA again with the league's trade deadline in fewer than two hours. The franchise hired a new team president after letting go longtime executive Steve Mills and now have to decide what to do with its veterans on short-term contracts along with the pursuit for stars like Golden State Warriors guard D'Angelo Russell.

The Knicks could keep assets like their cache of future draft picks beyond the trade deadline, however, in order to make a big trade in the offseason instead, according to SNY's Ian Begley.

Russell, 23, was just traded to the Minnesota Timberwolves, though, as the Western Conference club is seeking to unite All-Stars Karl-Anthony Towns with the former second-overall pick from the 2015 NBA Draft.

Still, with Rose, known for his many connections with NBA players and stars, the Knicks could use their picks—they own all of their first-rounders plus two Dallas Mavericks picks from the Kristaps Porzingis trade—in the offseason after re-assembling their front office. General manager Scott Perry, hired by Steve Mills, is currently employed by the organization, but given Rose's arrival it's fair to question what other changes are coming to New York's front office, including the players targeted in free agency and available on the trade market.

The Knicks will likely only make smaller moves between now and 3 p.m. ET/12 pm. PT, like finding a new home for veteran forward Marcus Morris, who might fetch a first-round pick or more from a bidding war brewing between the Los Angeles Clippers and Lakers.