TORONTO, ON - MAY 21: General manager Masai Ujiri of the Toronto Raptors before the start of their game against the Cleveland Cavaliers in Game Three of the Eastern Conference Finals during the 2016 NBA Playoffs at the Air Canada Centre on May 21, 2016 in Toronto, Ontario, Canada. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.
(Photo by Tom Szczerbowski/Getty Images)

The New York Knicks are in the market for a President of Basketball Operations. According to reports, Masai Ujiri is at the top of the list.

The New York Knicks made quite the statement just days before the trade deadline when owner James Dolan relieved Steve Mills of his duties as President of Basketball Operations.

According to Adrian Wojnarowski of ESPN, Dolan is wasting no time searching for Mills’s replacement and Toronto Raptors’ current President of Basketball Operations Masai Ujiri is at the top of his list.

Of course, this isn’t groundbreaking news. Ujiri has been rumored as a potential target for the Knicks since the ousting of former head coach David Fizdale. Ujiri is widely respected as one of the best front-office executives in the league, and his continued success with the Raptors, despite losing Kawhi Leonard, has only increased his popularity.

The only drawback is that Ujiri is under contract through 2021, meaning that the Knicks would have to make a significant offer, including future draft-picks to entice the Raptors to part with their top decision-maker.

However, the juice may be worth the squeeze as Ujiri has been viewed as an executive who tends to win trades, especially when the Knicks are involved.

Fans will remember the Carmelo Anthony deal when Ujiri was in Denver, and the deal that brought Andrea Bargnani from Toronto in exchange for Steve Novak, Marcus Camby, a 2016 first-round pick and two future second-round picks. Ujiri appeared to be a winner in both instances.

In the end, Ujiri’s track record is certainly impressive, but at what cost? The Knicks are still in the talent acquisition stage and whether it’s through the draft or trades, rebuilding teams need assets to make it happen. Sending draft picks to Toronto could actually make Ujiri’s job more difficult.

On the surface, it’s a good day for Knicks fans, but ultimately, the work has just begun.