Just hours after formally agreeing to part ways with team president Phil Jackson, the New York Knicks are already making big plans for the future. They're reportedly interested in bringing in Raptors executive Masai Ujiri, though it's difficult to see that happening, and now have their eyes set on a free-agent acquisition. 

According to Ian Begley, the Knicks will look at Jeff Teague once free agency begins, and apparently the interest is mutual. Via ESPN:

With Phil Jackson out and the triangle de-emphasized, the Knicks, under general manager Steve Mills, have interest in free agent point guard Jeff Teague, league sources told ESPN. League sources say the interest in Teague is mutual. The Knicks, under Mills, had talked to the Hawks about trading for Teague two years ago.

The 29-year-old Teague played for the Pacers last season after spending his first seven seasons in the league with the Hawks. He had yet another solid season, averaging 15.3 points, 7.8 assists and four rebounds per game, and would be a nice veteran point guard to bring in after drafting Frank Ntilikina. 

Such a deal, if it happens, would also spell the end of Derrick Rose's time in New York. Rose is an unrestricted free agent, and is reportedly looking for a max deal, though it's unclear if any team will actually give him one.