June 27th 1988: The New York Knicks trade Bill Cartwright for Charles Oakley in a draft-day trade
The New York Knicks completed one of the more successful draft-day deals in franchise history when they traded Bill Cartwright to the Chicago Bulls for Charles Oakley and a 1st and 3rd round pick swap in the 1988 NBA Draft.
Cartwright largely felt out of place in New York as Patrick Ewing cemented his role as the franchise cornerstone at center. While Charles Oakley had dominant rebounding seasons with the Bulls, he was deemed expendable after the team drafted Horace Grant in the previous season. As the Knicks needed a true power forward and the Bulls needed a formidable center, this swap made perfect sense.
Additionally, the pick swap gave the Bulls the 11th pick and the Knicks the 19th pick. To further shore up the frontcourt, the Bulls drafted Will Perdue. The Knicks drafted Rod Strickland, despite having Rookie of the Year Mark Jackson as the team’s main point guard. Strickland was traded to the Spurs in his sophomore season after demanding a trade due to a lack of playing minutes.
Ultimately, the trade proved to be a win-win for both teams. Cartwright enjoyed several productive seasons with the Bulls including winning 3 championships during Jordan’s first three-peat. Oakley served as the Knicks’ power forward for 10 seasons and was the perfect frontcourt partner for Ewing. Some of his accomplishments included making an NBA All Star Game and earning a selection to the NBA All Defensive Team in 1994.
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