I still believe that the Kings will bite on this. Check these discussions on this arbitrary Kings Forum:
http://kingsforum.net/?p=321 The idea that Petrie was behind was to get under the cap in 2009 and that purpose is solved by getting in Mr. 20 million but useless Stephon.
For the Knicks, they get a good center with a good potential in D'Antoni's system and who comes off the books well in time for 2010's cap space clearance. With the Knicks not in a position to sign Lee to a decent contract even if he is restricted the end of season; Brad Miller fills a Lee like position for 2009-10.
In Ime Udoka, D'Antoni gets a poorer but similar version of Raja Bell to augment his non-existent perimeter defense. I am sure Walsh would try his best to move Jeffries/ James/Rose/Curry to someone who is willing to take in some corpses/crap, but I am sure that is not going to happen in a bad economy as this. Don't be surprised if
something of the sort that I predicted does happen.
For the Spurs, Lee obviously brings in some hustle and rebounding, even if he doesn't quite bring in any special blocking ability; but he is an upgrade over the smart Fab, who seems to have run out of wheels this season. Shelden Williams will remain a second half project, but I predict he will be most likely be cut.