Saturday , Feb , 23 , 2008 C.Y. Ellis

Ron Artest to Opt out, Possibly Sign with New York Knicks

Artest, a Queensbridge product, will likely opt out and become a free agent and the Knicks can offer him the five-year, $30 million mid-level exception as a free agent.

But who knows who will be the GM and coach?

Isiah Thomas loves Artest and at one point last summer thought his addition could lead the Knicks to winning the East.

The Artest camp prefers the Knicks try to work a sign-and-trade with the Kings this July. But if not, the five-year mid-level could work if no other team is offering Artest a long-term contract. [Click here for more from the New York Post.]