Chicago Bulls. Despite that, they set the NBA single-season record for three-pointers. On May 3, the Knicks defeated the Boston Celtics in the first round of the NBA playoffs, 4–2, their first playoff victory since 2000. On May 18, the Knicks were eliminated in the second round of the playoffs, losing the series to the Indiana Pacers 4–2. Point guard Jason Kidd retired following the end of the season—he was named head coach of the Brooklyn Nets a few days later. In the 2013 NBA draft, the Knicks selected Tim Hardaway Jr. as the 24th pick in the first round. During the 2013 off-season, The Knicks claimed Los Angeles Lakers F Metta World Peace off of waivers. They re-signed J. R. Smith to a 3-year, $18 million deal and traded Quentin Richardson, Steve Novak, Marcus Camby, and three draft picks to acquire Andrea Bargnani from the Toronto Raptors. 2013–2017: Phil Jackson era The Knicks also saw changes to business operations in late 2013, replacing general manager Glen Grunwald with former MSG president Steve Mills. The Knicks also purchased an NBA D-League team located White Plains, which began operations at the start of the 2014–15 NBDL season. The Knicks then appointed former coach Phil Jackson as president of basketball operations, with Mills remaining as general manager, with the duo working directly under MSG chairman James Dolan. Following the 2013–14 season, coach Mike Woodson and his entire staff were fired, and was replaced by Derek Fisher. Fisher played under Jackson with the Los Angeles Lakers, winning five NBA championships with the franchise. The Knicks finished the season with a disappointing 37–45 record and finished ninth in the Eastern Conference, but was the season Carmelo Anthony established his career high, the Knicks' franchise record, and the Madison Square Garden record for single-game scoring. Anthony recorded 62 points and 13 rebounds in a victory against the Charlotte Bobcats. Forbes magazine released its franchise value rankings for NBA teams, and listed the Knicks as the world's most valuable basketball organization at $1.4 billion in 2014, edging out the Los Angeles Lakers by $50 million. The Knicks were valued at 40% more than the third-place Chicago Bulls valuation of $1 billion, and were valued nearly twice as highly as their crosstown rivals, the Brooklyn Nets, who came in at $780 million. In the off-season, the Knicks traded controversial guard Raymond Felton, along with former NBA defensive