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The biggest decisions Knicks must make to end title drought after Eastern Conference Finals loss

The biggest decisions Knicks must make to end title drought after Eastern Conference Finals loss

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The post The biggest decisions Knicks must make to end title drought after Eastern Conference Finals loss appeared first on ClutchPoints.
The New York Knicks were eliminated by the Indiana Pacers in a 125-108 blowout in Game 6. New York technically raised the bar by advancing to the Eastern Conference Finals for the first time in 25 years. But they also fell to the lower-seeded Pacers in fewer games than last year, when they lost despite a number of injuries in Game 7 to Indiana in the second round.
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But the 2024-25 Knicks team was an entirely different beast, boasting more offensive firepower in its starting rotation and less depth around it. Now, the Knicks front office must build on the team's momentum if they want to win a championship before their window closes, which is still a few years away. But what moves must New York consider?
Stay the course with Knicks coach Tom Thibodeau
Coach Tom Thibodeau received a good deal of criticism in the Eastern Conference Finals. He couldn't counter Indiana's pace, and he allowed the Knicks to blow a 17-point lead in Game 1, which set the tone for the entire series.
But Thibodeau led the Knicks to back-to-back 50-win seasons. And most importantly, he has the team's full confidence, evidenced by Jalen Brunson's reaction to a question about Thibodeau being the right guy to help them take the next step.
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There is a case to be made that Thibodeau has done everything he can with this team and that the Knicks need a different voice to lead them further. But the downside of moving on from Thibodeau is that another coach isn't necessarily better — they could be worse.
Thibodeau might not be a great in-game tactician; he was badly outcoached by Rick Carlisle in the Eastern Conference Finals. But he gets his team to give maximum effort—something that Knicks fans probably take for granted. But it is not a given from all coaches. Making a change now could result in less locker room unity and effort, which was a defining trait of the 2024-25 Knicks.
Additionally, Thibodeau has a three-year extension that begins next season. So, cutting ties with him means that Knicks' ownership would pay another coach to go away, which wouldn't be the first time.
Vincent Carchietta-Imagn Images
Add wing depth and size
Objectively, the Knicks have to add to their existing roster if they expect to advance beyond the Eastern Conference Finals next season. They struggled to guard bigger, dynamic forwards like Pascal Siakam and Jaylen Brown in the postseason. Additionally, their offensive rebounding edge from last season evaporated, limiting second-chance opportunities.
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A full season with Mitchell Robinson will help on the offensive glass. And Robinson's health through the playoffs should give hope that he might be more resilient next season. But they need more than just Robinson to defend forwards.
Granted, both needs might not be solved in one move. But the Knicks can try to approach them in a number of ways. First, they can look internally at their 2024 rookies. Namely, Pacome Dadiet and Kevin McCullar Jr. should both get an opportunity. Dadiet is still incredibly young. He'll turn 20 in July and possesses a lot of upside. And while it's unclear how developed Dadiet is, he is long and has shown signs of being a crafty scorer. Separately, McCullar Jr. looked a lot like a younger, underdeveloped Josh Hart. He gets in passing lanes, rebounds, open, pushes the pace, and even hits open 3s.
But if the Knicks want a bigger and more impactful player —and frankly, a surer thing— they should consider free agents, starting with Naz Reid. Reid is likely to command far more money than New York can pay, but that doesn't mean they should skip to conversation altogether.
The Knicks can also go after Al Horford (Boston Celtics), Chris Boucher (Toronto Raptors), Brook Lopez (Milwaukee Bucks), or Kelly Oubre Jr. (Philadelphia 76ers). None would fully solve offensive rebounding and defending bigger wings, but any of them would at least solve one of the aforementioned issues.
Add another playmaker
New York's guard rotation is pretty well set. Brunson, Mikal Bridges, Miles McBride, and Landry Shamet should be almost enough. There's just one thing missing: a backup playmaker.
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In 2024-25, the Knicks went most of the season without a tried-and-true backup ball handler. They bounced between McBride, Cam Payne, and Delon Wright. And while Tyler Kolek should get more minutes next season than he received this year, he's probably a few seasons away from taking on major responsibilities.
The Knicks could get away with bringing Wright back. He is a long guard and is scrappier than most fans expected. But he leaves a lot to be desired on the offensive end. However, the Knicks might consider going in a different direction if Chris Paul or Dennis Schroder were willing to come to New York.
Either would be a no-brainer. At 31 years old, Shroder is probably a little too expensive for the Knicks, as he shouldn't consider a veteran minimum deal yet. But Paul, at 40 years old, is still chasing a championship. He'll have a better shot with the Knicks than the San Antonio Spurs, at least in 2026. And he was still incredibly resilient, playing in all 82 games this season and averaging 8.8 points and 7.4 assists in 28 minutes per game.
If possible, pull the trigger on Giannis Antetokounmpo
Then, there is the elephant in the room: Giannis Antetokounmpo. Antetokounmpo is a top-three player in the NBA. He is a game changer who wants a change of scenery and has publicly expressed an affinity for New York. The Nets are the more likely destination, as the Knicks have limited means of adding him. But the Knicks would be crazy to skip this conversation.
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Antetokounmpo is exactly the kind of star Thibodeau loves; think Jimmy Butler, only a few inches taller. He's incredibly versatile, having run point for the Bucks in years past. And he defends about as well as he scores.
The Bucks would have to be willing to accept Karl-Anthony Towns and little else (e.g., Kolek and a few draft first-round pick swaps). But it's not totally out of the question. And if Milwaukee is open to it, Leon Rose and company must do everything in their power to bring Antetokounmpo to the Knicks.
There is a lot that New York can consider doing to improve on this year's outcome. Adding veterans is always an easy way for contenders to improve. And the Knicks should exhaust all options there. Additionally, while the Knicks lack a 2025 first-round pick, their collection of 2024 rookies should be closer to maturing. And there's always to trade market.
Ultimately, 2024-25 was a success. And one way or another, the Knicks should come back with an even better roster for 2025-26. Here's to hoping that Rose and the rest of the Knicks' front office continue pulling off miracles.

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A race against time: what now for Thames Water after rescue deal collapses?
A race against time: what now for Thames Water after rescue deal collapses?

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A race against time: what now for Thames Water after rescue deal collapses?

Thames Water came close to collapse this year as it almost ran out of money. But after agreeing to exclusive takeover talks with the US private equity company KKR, the debt-laden utility was hoping for a quieter period as it sorted out the details. Those hopes were extinguished on Tuesday after KKR said it was withdrawing its bid – to the shock of Thames Water and its creditors. It is those creditors, some of whom bought Thames's debt at a big discount in the hope of a quick profit, who have been left – without warning – with the responsibility of pulling together billions of pounds to carry out a turnaround that could take 15 years. Related: Thames Water hit with £123m of fines over sewage and dividend breaches Thames Water has been through a tumultuous year already. It had a close shave with bankruptcy, a high court battle to secure £3bn in emergency investment, and several testy parliamentary hearings. It must invest £20bn over the next five years to fix leaking pipes and water treatment works, all while trying to fend off public anger over sewage in Britain's rivers and seas. KKR balked at the complexity of taking on Thames amid so much scrutiny and with multiple stakeholders in play, according to a person close to the talks. Partners at the private equity firm had carried out 10 weeks of intensive due diligence, including several visits to wastewater treatment works, and had relied on a small army of up to 200 advisers to carry out detailed assessments. The state of some of the Thames assets was worse than KKR had initially thought, according to another source. New York-based KKR, short for Kohlberg, Kravis Roberts, had deployed 15 members of its European infrastructure team, run by the executive Tara Davies, to work on the bid, with James Gordon serving as the lead partner. (Both formerly worked for Macquarie, the Australian investment bank criticised for taking dividends from Thames while building up debt – although they are not thought to have worked on the water company.) Yet over the weekend KKR brought out one of its big guns to try to sweet talk the government: Henry Kravis, one of the co-founders, called up Labour's business adviser Varun Chandra to discuss the plan. Sky News first reported the call. KKR has rarely been shy of potential controversy, ever since its infamous 1988 buyout of the US conglomerate RJR Nabisco was depicted in the book Barbarians at the Gate. However, several people close to the Thames Water situation have said they believed KKR also became concerned about the political risks associated with it, such as the possibility of intense public scrutiny leading to a stricter approach from the government on enforcement. A government spokesperson said: 'The government makes no apology for tackling the poor behaviour we have seen in the past, where too many people were rewarded for failure,' but added: 'We welcome investors who want to work with us to rebuild this vital sector and clean up our rivers, lakes and seas.' Ofwat, the water regulator for England and Wales, last week laid down the gauntlet to KKR with £123m in new penalties mostly related to environmental breaches involving sewage spills. KKR's bid hinged on convincing regulators including Ofwat and the Environment Agency to grant it leniency on fines, penalties and other costs amounting to billions of pounds, as revealed by the Guardian. 'There were always going to be three people in the marriage,' wrote Helen Rodriguez, the head of European special situations at CreditSights, a bond rating agency: Thames Water, KKR and Ofwat. KKR may have been put off by 'the inevitable drip of more fines to come', and decided it was not worth going through a month of meetings in June to try to reach a compromise, she added. Thames Water has hired its own army of advisers, including the law firm Linklaters. It is understood the Linklaters lawyers involved have included Alison Saunders, formerly the UK's director of public prosecutions, and Jonathan Jones, a former head of the government's legal department. Saunders has previously acted for Southern Water on a criminal investigation, while Jones acted for the energy company Bulb during its special administration. Linklaters declined to comment. Keir Starmer's office received a courtesy call from KKR before the announcement. The government is hoping to avoid involvement. The environment secretary, Steve Reed, told parliament on Tuesday there remained 'a market-led solution on the table' as he categorically ruled out a permanent nationalisation. However, Reed acknowledged that the government was ready to put Thames Water into a special administration regime – akin to a temporary nationalisation – if required. Yet the 'market-led solution' leaves the government with the prospect of the UK's biggest water company being owned by a group of creditors that includes US hedge funds – such as Elliott Investment Management and Silver Point Capital – which are known for controversial tactics, as well as big institutional investors such as Aberdeen, BlackRock, Invesco and M&G. It is an unwieldy group of 100 companies, holding £13bn in Thames Water bonds. The investment bank Jefferies is acting as the group's main financial adviser. Despite the financial pressure Thames is under – and the cash burn required to fund its operations – the water company has covered the costs of as much as £15m for due diligence checks that KKR spent on exploring the state of the vast business. Much of that information has already been shared with the creditor group, and will now be used to inform their talks with Ofwat. However, the creditors must race to secure a deal as Thames burns through the first £1.5bn of the emergency cash it borrowed to fund its day-to-day operations. Like KKR before it, the creditor group will also try to reach an accommodation with Ofwat that will reduce the scope for big fines that would threaten to wipe out their financial returns. The new owners would look to install a board with more water industry experience. The position of Thames Water's chief executive, Chris Weston, is unclear. 'The creditors believe that Thames Water requires an urgent and fundamental reset and there is a very short and closing window in which a market-led solution can succeed,' a spokesperson for the lenders said. 'Discussions with Ofwat and the government will be advanced in the coming weeks to reach an agreement and turnaround for the benefit of customers and the environment.' Even if yet another deal on Thames Water can be reached, people involved in the crisis noted the irony of the timing of KKR's decision: it was announced just as an interim government review highlighted 'deep-rooted, systemic' problems in England and Wales's privatised water industry. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Ovid Therapeutics to Host Investor and Media Event Thursday, June 12, 2025
Ovid Therapeutics to Host Investor and Media Event Thursday, June 12, 2025

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Ovid Therapeutics to Host Investor and Media Event Thursday, June 12, 2025

Emerging Biomarkers in the Clinical Development of Epilepsy Medicines and OV329 Program Highlights NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Ovid Therapeutics Inc. (NASDAQ: OVID), a biopharmaceutical company dedicated to developing medicines for brain conditions with significant unmet need, will host an investor and media event on Thursday, June 12, 2025, on the topic of applying Biomarkers in Epilepsy, including their strategic use to demonstrate the pharmacodynamic activity of the Company's OV329 clinical development program. World-leading expert, Dr. Alexander Rotenberg will join company management to discuss the emerging use of a wide range of biomarkers for the study of anti-seizure medicines. The event will take place at Ovid's headquarters in New York's Hudson Yards from 9:30 to 10:30 am ET and will be webcast simultaneously. Sophisticated imaging and radiological tools are increasingly enabling medicines developers to leverage biomarkers earlier in clinical development to identify signals of biological target engagement and pharmacodynamic activity. Discussion will focus on how these tools drive evidence informed approaches in drug development and provide insight into potential clinical outcomes. Ovid management will describe the exploratory biomarkers in use to measure its next-generation GABA-aminotransferase (GABA-AT) inhibitor program, OV329, which is anticipated to have a topline readout in Q3 2025. Keynote speaker: Leading pediatric neurologist and epileptologist Alexander Rotenberg, M.D., Ph.D. Professor of Neurology at Boston Children's Hospital and Harvard Medical School, and Director of the Epilepsy Monitoring Unit at Boston Children's Hospital, and the Experimental Neurophysiology Core at F.M. Kirby Center of Neurobiology Unfortunately, nearly 40 percent of people living with epilepsy continue to experience seizures despite existing medicines. OV329 is a next-generation GABA-AT inhibitor, that was rationally designed to work differently from current medicines and may offer a novel approach for patients with treatment-resistant seizures. OV329 seeks to endogenously deliver optimal levels of GABA to reduce seizures and provide a preferable safety and tolerability profile relative to the first-generation, GABA-AT inhibitor, vigabatrin. OV329 is currently completing a Phase 1 study that is evaluating its effects on multiple pharmacodynamic biomarkers, safety, tolerability, and pharmacokinetics. Interested in attending or participating remotely: To register, please visit: Registration Link A live webcast of the presentation can be accessed through the Events & Presentations section of Ovid's website at About Ovid Therapeutics Ovid Therapeutics Inc. is a New York-based biopharmaceutical company dedicated to developing small molecule medicines for brain conditions with significant unmet need. The Company is advancing a pipeline of novel, targeted small molecule candidates that modulate the intrinsic and extrinsic factors involved in neuronal hyperexcitability causative of multiple neurological and neuropsychiatric disorders. Ovid is developing: OV329, a next-generation GABA-aminotransferase inhibitor, as a potential therapy for treatment-resistant seizures and other undisclosed indications; OV350, OV4071 and others within a library of compounds that directly activate the KCC2 transporter, for multiple CNS disorders. For more information about these and other Ovid research programs, please visit Forward-Looking Statements This press release includes certain disclosures by Ovid that contain 'forward-looking statements' including, without limitation: statements regarding the expected timing of initiation, completion, and results and data of Ovid's clinical studies; the potential use and development of OV329, OV350, OV4071 and other compounds from Ovid's library of direct activators of KCC2; and other statements that are not historical fact. You can identify forward-looking statements because they contain words such as 'anticipates,' 'believes,' 'expects,' 'intends,' 'may,' 'plan,' 'potentially,' and 'will,' and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances). Forward-looking statements are based on Ovid's current expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements, which are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, uncertainties inherent in the preclinical and clinical development and regulatory approval processes, risks related to Ovid's ability to achieve its financial objectives, the risk that Ovid may not be able to realize the intended benefits of its business strategy or unanticipated or greater than anticipated impacts or delays due to macroeconomic and geopolitical conditions. Additional risks that could cause actual results to differ materially from those in the forward-looking statements are set forth under the caption 'Risk Factors' in Ovid's most recently filed Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission ('SEC'), and in subsequent and future filings Ovid makes with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and Ovid assumes no obligation to update any forward-looking statements contained herein, whether because of any new information, future events, changed circumstances or otherwise, except as otherwise required by law. Media and Investor Relations:Victoria Fort vfort@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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