The New York Knicks have acquired forward Bojan Bogdanovic and guard Alec Burks from the Detroit Pistons for guards Quentin Grimes, Evan Fournier, Malachi Flynn, Ryan Arcidiacono and two second round picks, according to ESPN’s Adrian Wojnarowski.

Acquiring veteran pieces in Bogdanovic and Burks strengthens the Knicks’ core as they hope to embark on a deep playoff run this season. New York is currently tied with the Milwaukee Bucks in third place in the Eastern Conference with a 33-18 record.

New York is the first contender in the East to make a splashy move as they feel like this core, led by All-Stars Jalen Brunson and Julius Randle, could contend the East. 

Bogdanovic, 34, is averaging 20.2 points while shooting 41.5% from three-point range this season. Bogdanovic will likely start at power forward as Randle recovers from a shoulder injury and he'll provide scoring alongside Brunson, giving the Knicks additional firepower.

Burks, 32, returns to New York after spending two seasons with the team from 2020 to 2022. He’s currently averaging 12.6 points and 2.6 rebounds while shooting 40% from three in 43 games this season. Burks gives the Knicks a secondary ball handler and bucket-getter off the bench.

Detroit receives two future second-rounders and four guards (Grimes, Fournier, Flynn and Arcidiacono). Grimes, the 25th overall pick in 2021, was moved to the bench this season in favor of Donte DiVincenzo. Fournier and Arcidiacono didn't get many minutes in Tom Thibodeau’s rotation, while Flynn just recently arrived from Toronto as part of the OG Anunoby trade and never established himself in the lineup.